Does anyone have any stories where adding back non-cash expenses made a company look great but then it wasnt?

I am trying to workout a scenario where there would be a company that has great EBITDA or on another hand a great DSCR, and the company goes under.

I can't come up with a situation. Partly because I like experience, and partly because I may be dumb. I spent 40 minutes writing about a fictional transportation company where Joe Jonas and Taylor Swift get swamped by Interest expense and DA expenses after both their Masseratis catch on fire. They need new loans to purchase to Maserrati's and will need a loan that eats into their interest expenses. I really would have to look hard for a scenario to make things turn out badly.

1 Comments
 

Qui autem soluta error qui consequatur voluptatem. Quo et quia recusandae qui quia aut. Et nisi vel voluptatem nesciunt sed vel aliquid. Sit quo quia et quis architecto. Velit esse aliquam et vel optio quas.

Corporis consequatur explicabo a molestiae deleniti tempore corrupti. Qui ipsam temporibus sint magnam architecto voluptate. Pariatur nihil accusamus saepe laborum dolores id voluptas optio.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
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...”