User Info

Profile Completion

Subscriptions & Roles

  • Official Monkey
  • Company DB Subscription
  • Annual Comp Report Access

User Tracker

Login / register to send GED or Bust a private message.


Preview Replies Freshness
Found answer. Disregard.. 1 1 year 3 months
Meaning of 10% cash-on-cashI was reading through ValueAct's investor letter tonight. It states "At our £3.40 cost, we see Invensys trading at roughly 10.5% forward cash-on-cash with a long runway for growth." Is this some variation of FCF yield? Here's the link. 29 2 years 3 months
European terminology: Long-term operating incomeLooking for a little help from some European monkeys. I'm looking at comps right now for an Italian software company and the sheet that I have has Enterprise Value multiples that are EV/Long-term sales, EV/Long-term operating income. Does long-term operating income stand for EBIT or EBITDA?... 4 3 years 1 month
Rescue FinancingHi fellow monkeys, I was hoping to get some clarification on something. When a bulge bracket bank arranges rescue financing (DIP loans) for a distressed company, what group(s) are involved in the process? Is it the private placement group? The DCM group? Lev Fin? Thanks for the help in... 2 3 years 6 months
Trace Precedents FunctionFellow Excel Monkeys, I have a quick question regarding the tracing precedents shortcut. For example, let's say we have two sheets called '2010' and '2009' and I currently have a formula on '2010' that is A1+'2009'B1. When I use the trace precedent function, it will show me the A1 on '2010'.... 8 3 years 9 months
BB IBD . 6 1 year 3 months
Quick ? - Updating Financials for Spreading CompsI'm spreading comps for a class. I have 2 quick question regarding interest income. I'm assuming it's better to break out interest income and interest expense on different lines versus having interest expense on one line just net of interest income. So should interest income go above EBIT or... 1 4 years 3 months
CFA Chicago. 1 1 year 3 months
Sleepless EliteJust saw this on today. "Natural "short sleepers," as they're officially known, are night owls and early birds simultaneously. They typically turn in well after midnight, then get up... 16 5 years 1 month
ECM & IPOs Who exactly is responsible for structuring IPOs within a bank? I realize that ECM will be contacted within a bank to determine the appropriate pricing but who is then responsible for structuring the IPO and taking the company public? I've searched throughout the site and on the web, but nothing... 3 5 years 3 months


Preview Replies Freshness
.. 2 1 year 3 months
.. 15 1 year 3 months
.. 4 1 year 3 months
mhurricane: Subsequent equity value: 50 + 25*...[quote=mhurricane] Subsequent equity value: 50 + 25*tax rate (tax shield) - 25 (repurchase) .[/quote] Could you explain this part? 79 1 year 7 months
Really enjoying the thread! Thanks for taking the...Really enjoying the thread! Thanks for taking the time. Could you explain this in more detail? [the flip side of the argument is that If a fundamental long short equity PM made money via beta because the market rallied, they shouldn't get paid for their performance because that's not their... 50 1 year 9 months
I agree with your points about individuals with...I agree with your points about individuals with multi-cultural backgrounds but getting wasted in a foreign country for a semester doesn't make one a better candidate. 31 1 year 11 months
.. 29 2 years 3 months
Fair enough. Thank you for the response. How do...Fair enough. Thank you for the response. How do other HFs/PE shops define it? 29 2 years 3 months
This times 1,000. Such a high offer rate at an...This times 1,000. Such a high offer rate at an elite boutique is extremely important. 23 2 years 3 months
How so? They're still a minority equity holder in...How so? They're still a minority equity holder in MSFT. 29 2 years 3 months
WallStreet Prep Master Financial Modeling