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Unlevered free cash flow

What is Unlevered Free Cash Flow? Unlevered Free Cash Flow (UFCF) is a company's cash flow available to both capital providers (debt and...

EBITDA add-backs

What are EBITDA add-backs? EBITDA add-backs are mainly used in an M&A transaction when the business owner tries to sell his company....

Which valuation method gives the highest valuation?

How to answer: Which valuation method gives the highest valuation? The short answer: it depends. Comparable transactions and DCF are both...

Valuation interview questions

Valuation interview questions in Investment Banking interviews are tricky. There are a bunch of valuation methods to keep track of. Your...

Investment Banking Excel shortcuts

To become a top-tier Investment Banking Analyst, mastering Excel shortcuts is critical. All your analytical work is based on Excel. All...

How does a $10 depreciation affect the three financial statements?

How to answer: $10 depreciation and the three financial statements “How does a $10 depreciation affect the three financial statements?”...