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Leveraged buyouts : a practical guide to investment banking and private equity /

"Shows how to identify a private company, takes you through the analysis behind bringing such an investment to profitability---and further create high returns for the private equity funds. It includes an informative leveraged buyout overview, touching on everything from LBO modeling, accounting...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Pignataro, Paul
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Hoboken, New Jersey : John Wiley & Sons, Inc., [2014]
Colección:Wiley finance series
Temas:
Acceso en línea:Texto completo (Requiere registro previo con correo institucional)
Tabla de Contenidos:
  • pt. One Leveraged Buyout Overview
  • ch. 1 Leveraged Buyout Theory
  • Cash Availability, Interest, and Debt Pay-Down
  • Operation Improvements
  • Multiple Expansion
  • What Makes Good Leveraged Buyout?
  • Exit Opportunities
  • Is Heinz a Leveraged Buyout?
  • ch. 2 What Is Value?
  • Book Value
  • Market Value
  • Enterprise Value
  • Multiples
  • Three Core Methods of Valuation
  • ch. 3 Leveraged Buyout Analysis
  • Purchase Price
  • Sources and Uses of Funds
  • IRR Analysis
  • pt. Two Leveraged Buyout Full-Scale Model
  • ch. 4 Assumptions
  • Purchase Price
  • Sources of Funds
  • Uses of Funds
  • ch. 5 The Income statement
  • Revenue
  • Cost of Goods Sold
  • Operating Expenses
  • Other Income
  • Depreciation and Amortization
  • Interest
  • Taxes
  • Nonrecurring and Extraordinary Items
  • Distributions
  • Shares
  • Heinz Income Statement
  • Last Twelve Months (LTM)
  • Income Statement
  • Projections
  • ch. 6 The Cash Flow statement.
  • Cash Flow from Operating Activities
  • Cash Flow from Investing Activities
  • Cash Flow from Financing Activities
  • Financial Statement Flows Example
  • Heinz Cash Flow Statement
  • Heinz Last Twelve Months (LTM) Cash Flow
  • Cash Flow Statement Projections
  • ch. 7 The Balance Sheet
  • Assets
  • Liabilities
  • Heinz Balance Sheet
  • ch. 8 Balance Sheet Adjustments
  • Goodwill
  • Heinz Balance Sheet Adjustments
  • ch. 9 Depreciation Schedule
  • Straight-Line Depreciation
  • Accelerated Depreciation
  • Deferred Taxes
  • Projecting Depreciation
  • Projecting Amortization
  • Projecting Deferred Taxes
  • ch. 10 Working Capital
  • Asset
  • Liability
  • Operating Working Capital
  • Heinz's Operating Working Capital
  • Projecting Operating Working Capital
  • Operating Working Capital and the Cash Flow Statement
  • ch. 11 Balance Sheet Projections
  • Cash Flow Drives Balance Sheet versus Balance Sheet Drives Cash Flow
  • Balancing an Unbalanced Balance Sheet.
  • Ch. 12 Debt Schedule and Circular References
  • Debt Schedule Structure
  • Modeling the Debt Schedule
  • Circular References
  • Automatic Debt Pay-Downs
  • Basic Switches
  • Finalizing the Model
  • ch. 13 Leveraged Buyout Returns
  • Exit Value
  • Returns to 3G Capital
  • Multiple Expansion
  • Debt Pay-Down
  • Conclusion
  • pt. Three Advanced Leveraged Buyout Techniques
  • ch. 14 Accelerated Depreciation
  • Macrs
  • Accelerated versus Straight-Line Depreciation
  • ch. 15 Preferred Securities, Dividends, and Returns to Berkshire Hathaway
  • Preferred Securities
  • Preferred Dividends
  • Returns to Berkshire Hathaway
  • ch. 16 Debt Covenant Ratios, and Debt Fee Amortization
  • Coverage Ratios
  • Leverage Ratios
  • Debt Fee Capitalization and Amortization
  • ch. 17 Pald-in-Kind Securities
  • Appendixes
  • Appendix 1 Model Quick Steps
  • Appendix 2 Financial Statement Flows
  • Income Statement to Cash Flow
  • Cash Flow to Balance Sheet
  • Appendix 3 Excel Hot Keys.