| Found answer. Disregard..|| 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. http://csinvesting.org/wp-content/uploads/2013/09/...|| 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?...|| 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...|| 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'....|| 3 years 9 months|
| BB IBD .|| 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...|| 4 years 3 months|
| CFA Chicago.|| 1 year 3 months|
| Sleepless EliteJust saw this on WSJ.com 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...|| 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...|| 5 years 3 months|