Tutorvo

Asset value & the working-capital peg

Lesson 3 of 816 minLab

This lesson is part of the course

In this lesson

You set Summit's working-capital peg, find the price adjustment at closing and check how much of the price is backed by assets.

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Lessons in this course

  1. Normalising earnings: SDE & adjusted EBITDALab15 min Locked
  2. SDE & EBITDA multiples: the valuation rangeLab15 min Locked
  3. Asset value & the working-capital pegLab16 min Locked
  4. Deal structure: cash, seller note & earn-outLab15 min Locked
  5. DSCR & the price the debt supportsLab16 min Locked
  6. Buyer's cash-on-cash & paybackLab15 min Locked
  7. Earn-out scenarios: probability-weighted valueLab16 min Locked
  8. Quick DCF cross-checkLab18 min Locked