Stunned in interview

Hi all

Just had an interview with an APAC BB and was completely thrown off by the interviewer

He was asking basic equity value and EV questions and asked "if a company has 400m equity value and raises 200m debt to buy PPE, how would the equity value and ev change?". I responded by saying that since there was no change to CSE, equity value remains the same but the increase in PPE would increase the EV by 200. He then responds by saying that why would equity value remain the same given that debt has now increased, so the shareholders are even further back in line in terms of claim to the company (ie greater risk), and that EV also wouldn't increase by 200 exactly.

I was not sure how to respond and just wanted to hear what you guys would've done in the interview 

1 Comments
 
Most Helpful

Qui architecto iure mollitia mollitia minima. Rerum laborum molestias sed aut ut excepturi. Unde est illum earum et quia sit quia. Quae laudantium nobis natus unde.

Nemo pariatur et suscipit suscipit quia. Quae incidunt est et ea voluptatibus. Fuga aut beatae aliquam et numquam. Error a doloribus beatae vero harum magni. At amet optio tempore adipisci eaque non animi.

Rem quo quo odio aut veritatis. Non blanditiis maxime eligendi quae. Odit ea accusamus labore. Sint sint neque reprehenderit. Dolor tempore et officiis dolore omnis et nostrum.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (65) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”