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 13 · 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. 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
  3. 019Place an apparel retailer on a rating grid using debt to EBITDA and FFO to debt, first as reported and then with store leases treated as debt.Credit analysis and lendingWarm upS&P GlobalChicago · 2022Truist SecuritiesAtlanta · 2024
  4. 027Kaustubh Software borrows a Rs 600 crore unitranche at 5.0x EBITDA with a PIK toggle. If it pays in kind for three years while EBITDA grows 10% a year, what are debt and leverage at the end, and what should the lender make of it?Credit analysis and lendingCoreAres ManagementLos Angeles · 2026
  5. 034A pharma distributor asks its bank for a working capital limit. Size the limit under the second method of lending and under the turnover method, and say which you would trust.Credit analysis and lendingCoreDeutsche BankNew York · 2024
  6. 041Anantya Credit gives you default counts for three loan vintages of different ages. Estimate the lifetime default rate and expected loss on the youngest vintage, and judge the provision held against it.Credit analysis and lendingCoreJane StreetLondon · 2025Jane StreetLondon · 2025
  7. 047A sponsor asks you to lend 5.5x adjusted EBITDA for its buyout of Nandanvan Healthcare Services. Decide how much you would lend, at what price and on what covenants, and defend the gap to the ask.Credit analysis and lendingHardGolub CapitalChicago · 2015
  8. 054Dhalai Castings wants a Rs 200 crore, 7-year term loan at 10% for a new plant, with projected DSCR of 1.15x. Would you lend, and on what conditions?Credit analysis and lendingCoreScotiabankCity of London · 2026ScotiabankToronto · 2026
  9. 069Hiranya Chemicals is issuing a five-year 9.5% bond from its holding company while its single plant and bank debt sit in a subsidiary, 60% of revenue is in dollars and promoters have pledged 40% of their shares. Identify every relevant risk and quantify the currency and structural ones.Credit analysis and lendingCoreNuveenChicago · 2025
  10. 078Two floating-rate, interest-only property loans of similar size: an office tower and a shopping mall. Compute LTV, debt yield and DSCR, stress for a 150 basis point rate rise, and say which you would rather hold.Credit analysis and lendingCorePIMCOMunich · 2024

Company names and figures are illustrative.