Corporate Finance

Learn about convertible bonds. Covers conversion price, conversion ratio, bond floor value, pricing, and accounting.

Learn about ROI: formula, calculation, limitations, and why it's not always the best performance metric.

Learn about private equity fund structure. Covers LP/GP relationships, fund terms, carried interest, fee structures, and investment lifecycle.

Compare debt vs equity financing: key differences, advantages and disadvantages, tax implications, and how to choose the right capital structure for your business.

Learn about run rate: how to calculate revenue run rate, limitations, and when to use it.

Learn about WACC: formula, components, cost of equity (CAPM), cost of debt, and why it's not always the best performance metric.

Dilution in funding rounds explained: pre-money vs post-money valuation, pro-rata rights, anti-dilution clauses, and how to model ownership change across seed, Series A, B, and C rounds.

Learn about EBITDA Margin: formula, calculation, differences from gross margin and net margin, and how to use it for valuation.

Learn about Thin Cap rules in Canada, calculation, limitations, and why it's not always the best performance metric.

Learn about Working Capital: formula, calculation, positive vs negative working capital, and how to manage it effectively.

Learn about IRR: definition, formula, how to calculate, and differences from NPV.

Convertible bond accounting: how to record issuance, interest expense, and conversion under ASC 470-20 (US GAAP) and IAS 32 / IFRS 9, with journal entry examples at issuance, coupon, and conversion.

Learn about common valuation multiples: EV/Revenue, EV/EBITDA, P/E, when to use each, and pros/cons of multiples valuation.

Learn about Net Debt: definition, calculation, why it matters for valuation, and how to interpret net debt to EBITDA ratio.

Learn about equity dilution: how it works, impact on ownership percentage, and anti-dilution provisions.

Learn about Free Cash Flow (FCF): formula, calculation from EBITDA, importance for valuation, and differences from cash flow from operations.

Learn how to value a company using DCF (Discounted Cash Flow): steps, free cash flow projection, terminal value, and WACC discount rate.