Financial Analysis case studies, worked step by step

Cases
100
Traced to a firm
63
Topics
14
Hard
30
Topic
All topicsCredit analysis and lending14Budgeting, variance and reporting8Valuation9Financial statement analysis6Earnings quality and adjustments6Working capital and cash flow6M&A and corporate development7Costing, pricing and unit economics6Investment evaluation and pitches9Leveraged buyouts7Capital budgeting6Forecasting and scenarios5Financing, capital structure and treasury6Distress and restructuring5
Level
AnyWarm upCoreHard
Source
AnyReported at a firmStandard
Showing 1–10 of 30 · filtered from 100Clear filters
  1. 001A resort developer needs Rs 300 crore, earns nothing for two years and then earns three quarters of its cash in one season. Propose the loan structure.Credit analysis and lendingHardScotiabankNew York · 2026
  2. 007A strategic buyer with synergies and a private equity sponsor with leverage both bid for a sportswear company. Who can pay more, and by how much?M&A and corporate developmentHardNomuraNew York · 2026Houlihan LokeyLos Angeles · 2026
  3. 010Do a paper LBO in your head, then answer quickly as the interviewer changes the entry multiple, the interest rate and the exit multiple.Leveraged buyoutsHardNeuberger BermanLondon · 2026Houlihan LokeyLos Angeles · 2025
  4. 011A biscuit maker's premium line has a market study already paid for, cannibalises existing sales and uses an idle warehouse. Work out the NPV.Capital budgetingHardCorporate FP&ACorporate finance
  5. 014You are asked to rate an airport. What would you look at, what is its debt service coverage, and what happens if traffic falls 30%?Credit analysis and lendingHardMoody'sNew York · 2018Moody'sNew York · 2018
  6. 015A holding company owes Rs 1,000 crore of notes and owns cement, power and logistics subsidiaries, each with its own debt. What do the noteholders recover in liquidation?Distress and restructuringHardEvercoreNew York · 2025
  7. 018Pitch a pair trade between two listed retailers: which do you buy, which do you short, and what would make you wrong?Investment evaluation and pitchesHardBank of AmericaNew York · 2023Morgan StanleyTokyo · 2025
  8. 025Three customers look equally profitable when overhead is spread by revenue. Re-cost them by the deliveries and returns they cause.Costing, pricing and unit economicsHardCost accountingCorporate FP&A
  9. 028Vayuvega Wind needs Rs 1,500 crore for new capacity. It is close to its leverage covenant and is listed both in India and overseas at different multiples. Should it raise debt or equity, and in which market?Financing, capital structure and treasuryHardCredit SuisseAnonymous interview candidate in · 2021
  10. 033A power company's holding company owes Rs 1,000 crore and its operating company owes Rs 2,000 crore on Rs 2,400 crore of value. What do holdco creditors recover with no guarantee, and with an unsecured upstream guarantee?Distress and restructuringHardHoulihan LokeyNew York · 2025

Company names and figures are illustrative.