LBO Busting

Was wondering if anyone could help me understand why my model is busting. When I link cash from CFS to BS it causes everything to go wrong, the cash number just keeps getting bigger and excel keeps refreshing till it says #NUM. I’ve added a circularity toggle for interest but it hasn’t done anything for this problem.

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You must have something circular. Something in your build to the cash line in CFS that you are linking to BS references cash on the BS. So when cash on the BS goes up, something in your CFS cash build goes up, so your CFS cash goes up, so your BS cash goes up, so something in your CFS cash build goes up, so... and so on.

 

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