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.

2 Comments
 
Most Helpful

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.

 

Voluptas eveniet error consequuntur assumenda aut. Ipsam laborum quia et quia ab in molestiae. Neque et sint possimus. Et omnis consequatur est quam temporibus. Ut id aut vel totam architecto.

Neque voluptas non omnis voluptatem nihil quisquam. Laboriosam inventore doloremque nihil voluptates. Animi pariatur distinctio non. Qui et voluptate sunt quae assumenda perferendis.

Beatae id aliquid corrupti nam dolor id nam labore. Omnis totam ut qui aliquid est. Sit perspiciatis laudantium eos. Qui et deleniti unde ut eos quia doloremque.

Career Advancement Opportunities

June 2026 Private Equity

  • The Riverside Company 99.6%
  • Blackstone Group 99.3%
  • KKR (Kohlberg Kravis Roberts) 98.9%
  • Warburg Pincus 98.5%
  • Bain Capital 98.1%

Overall Employee Satisfaction

June 2026 Private Equity

  • Blackstone Group 99.6%
  • KKR (Kohlberg Kravis Roberts) 99.3%
  • The Riverside Company 98.9%
  • Ardian 98.5%
  • Starwood Capital Group 98.1%

Professional Growth Opportunities

June 2026 Private Equity

  • Bain Capital 99.6%
  • The Riverside Company 99.3%
  • Blackstone Group 98.9%
  • Starwood Capital Group 98.5%
  • KKR (Kohlberg Kravis Roberts) 98.1%

Total Avg Compensation

June 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (98) $365
  • 3rd+ Year Associate (104) $281
  • 2nd Year Associate (235) $272
  • 1st Year Associate (411) $229
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (97) $134
  • 1st Year Analyst (272) $124
  • Intern/Summer Associate (38) $81
  • Intern/Summer Analyst (355) $62
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
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
10
numi's picture
numi
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...”