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Business Cases

Real scenarios with frameworks, questions, and worked solutions
01
Worked out Assumptions

Biscuit Manufacturer - Cost centers and debt financing

Build a bridge from revenue to levered free cash flow using sensible assumptions on margins, working capital, and capex, then size the debt the business can support while maintaining a healthy interest coverage ratio. Conclude with key risks and a downside stress test

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02
Premium

Project Pump - AC condensate removal

Top player in AC condensate removal pumps. Using given financials, assess the business model and market positioning, identify credit highlights and key risks, and propose a financing structure with views on leverage, debt quantum, and pricing

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