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 81–90 of 100
  1. 081In a buyout, the founder rolls over part of his stake and management gets options that vest only above a value hurdle. What does the founder receive at three exit values, and how do rollover and options differ?Leveraged buyoutsCoreCitiNew York · 2026
  2. 082An IT services company's revenue grew 12%. Most of it is billed in dollars and the rupee weakened 5% over the year. What was constant-currency growth?Budgeting, variance and reportingWarm upGCC finance centresCorporate FP&A
  3. 083A cyclical metals company must meet a trough interest cover test and a normal-year leverage test. How much debt can it carry, and which test binds?Credit analysis and lendingWarm upMoody'sHong Kong · 2018
  4. 084A fire and safety equipment maker has no direct listed peer. Using three adjacent peer sets with different growth and margins, build a comps set and a defensible EV/EBITDA multiple.ValuationCoreNomuraSan Francisco · 2026
  5. 085You are long a defence electronics stock that has no close listed peer. Given its betas, R-squared and residual volatility, how would you hedge it, how large is the hedge, and what risk is left?Investment evaluation and pitchesHardBalyasny Asset ManagementNew York · 2026
  6. 086A microfinance lender has 30% of its book in one state where loan waiver talk is breaking repayment discipline. Stress that state for an 8% default rate with a 60% loss, and show what it does to profit, returns and capital.Forecasting and scenariosCoreRating agenciesBank credit
  7. 087A vehicle lender earns a 15% yield, pays 9% on borrowings of five sixths of its assets, spends 3% on operations and loses 1.5% to credit costs. Compute ROA and ROE, then find what each single lever must do to reach a 16% ROE.Financial statement analysisCoreRating agenciesBank credit
  8. 088A company's adjusted EBITDA of Rs 300 crore excludes exceptional charges that have appeared in each of the last five years. At 12x EBITDA, how much value depends on believing the label?Earnings quality and adjustmentsWarm upEquity researchTransaction advisory
  9. 089A group reports Rs 800 crore of consolidated cash and Rs 1,500 crore of parent debt. The cash sits in a joint venture, a regulated subsidiary, an overseas unit and the parent. How much is really available, and what is true net debt?Working capital and cash flowCoreTreasuryRating agencies
  10. 090A construction company with a large order book, 200 days of receivables and Rs 300 crore overdue from state agencies asks for a Rs 400 crore loan. Value it at 6x EBITDA and decide whether to lend.Credit analysis and lendingHardBain CapitalNew York · 2024

Company names and figures are illustrative.