Hey guys,
I have an interview coming up and the MD told me to try and do a analysis on a company using the different valuation techniques. I am a bit confused on what debt value to use for Comps. Do you use just the most recent 10q balance sheet numbers. Or do you go into the footnotes to get the principal values
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Use the latests reported
Then go to the footnotes and include other debt-related items (unfunded pensions...).
Finally check in the news if they raised any more debt or if they tapped any RCF
The approach is going to depend on if you are trying to use book or market value. Pick one then go from there. You can use 10-Qs and Ks but you will find a lot more informations on S3 forms, which is their prospectus for debt offerings.
Going to be tough right now considering our current climate and future outlook on debt.
PM if you have more questions.
helpful comments from both of you thanks!
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