Alex Mason

Investment Banking Insights

Business EN ↓ 372 episodes

What information do you need to know as an aspiring investment banker? Join career-switcher and MBA student Alex Mason as we journey together to uncover the technical (including the famous "400 interview questions") and not-so-technical aspects of the investment banking profession.

Author

Alex Mason

Episodes

What Happens With A Write-Down Of $100 Of Assets? 11.07.2023 5:18

Sometimes companies write down the value of their assets (it's actually pretty common). What happens to the three financial statements in this scenario? Contact: investmentbankinginsights@gmail.com

What Is Working Capital And How Is It Used? 11.07.2023 6:04

We'll define what working capital is, how it's used, as well as briefly explore the concept of operating working capital. Contact: investmentbankinginsights@gmail.com

Is Negative Shareholder's Equity Possible? 10.07.2023 8:33

Today we explore the concept of shareholder's equity and whether or not negative shareholder's equity is possible. Also, what are the implications? Contact: investmentbankinginsights@gmail.com

Company Sells A Product For $20, At A Cost Of $10 10.07.2023 6:52

What happens to the three financial statements when a company sells a product for $20 that cost it $10 to make? Contact: investmentbankinginsights@gmail.com

Company Buys A Factory With Debt (Years 1,2,3) 09.07.2023 19:38

What happens when a company buys a factory with debt? There are three parts to this scenario that we'll cover: Start of Year 1 - purchase of the factory for $100 by raising debt Start of Year 2 - assume 10% interest rate on debt with no principal payoff, as well as assume 10% depreciation Start of Year 3 - assume complete write down of the factory to $0, and paying off the $100 loan in full C...

What Happens When Inventory Goes Up By $10? 09.07.2023 6:12

What happens to the financial statements when inventory goes up by $10? Contact: investmentbankinginsights@gmail.com

How Do You Value A Private Company And Use Them In Valuations? 08.07.2023 7:29

How do you think about valuing a private business? And who do you use private businesses in valuation work? Contact: investmentbankinginsights@gmail.com

Vending Machine Question 08.07.2023 9:04

Would you rather pay more for a vending machine business where you own the machines outright and pay for depreciation, or lease the vending machines? Contact: investmentbankinginsights@gmail.com

What's The Difference Between EV/EBIT, EV/EBITDA, And P/E Multiples? 07.07.2023 6:04

EV/EBIT, EV/EBITDA, and P/E all mean something slightly different. What is the difference between these multiples and when should we consider using them? Contact: investmentbankinginsights@gmail.com

Why Does Warren Buffet Prefer EBIT Multiples Over EBITDA Multiples? 07.07.2023 5:03

Warren Buffet is one of the wealthiest people in the world, and he prefers some multiples over others. Why EBIT instead of EBITDA?61 Contact: investmentbankinginsights@gmail.com

Why Would An Acquirer Pay Twice The EBITDA Multiple For One Company Than Another? 06.07.2023 6:31

EBITDA multiples can vary across deals for a number of reasons. What would make an acquirer want to pay double for one company versus another? Contact: investmentbankinginsights@gmail.com

What's The Difference Between EV/EBIT, EV/EBITDA, And P/E Multiples? 06.07.2023 6:04

EV/EBIT, EB/EBITDA, and P/E are all slightly different and are used differently depending on the context. When do we use each? Contact: investmentbankinginsights@gmail.com

Precedent Transactions Exceptions And Flaws 06.07.2023 8:25

What are the exceptions and flaws to consider when using a Precedent Transactions valuation methodology? Contact: investmentbankinginsights@gmail.com

How Do You Account For Competitive Advantage In A Company's Valuation? 05.07.2023 7:21

What is competitive advantage, and how do you account for it in a company's valuation? Contact: investmentbankinginsights@gmail.com

The Flaws Of Public Company Comparables 05.07.2023 6:42

Public company comparables can be useful in analyzing the value of a company, but this method has its flaws. Today, we'll discuss what they are and how we can think about them. Contact: investmentbankinginsights@gmail.com

Why Would Two Comparable Companies Be Valued Differently? 04.07.2023 9:47

Even with similar growth and profitability metrics, no two companies are exactly alike. What are some of the differences that affect valuation between two similar firms? Contact: investmentbankinginsights@gmail.com

How Do You Actually Get A Company's Value And What Do You Use It For? 04.07.2023 6:42

How do you actually get a company's value and what do you use it for? Contact: investmentbankinginsights@gmail.com

How Do You Select Comparable Companies and Precedent Transactions? 03.07.2023 7:11

We know at this point what comparable companies and precedent transactions are - but how do we select them? Contact: investmentbankinginsights@gmail.com

Would You Compare Free Cash Flow With Equity Or Enterprise Value 03.07.2023 7:45

Today we introduce the concept of Free Cash Flow (FCF), and discuss how it relates to Equity Value and Enterprise Value. Contact: investmentbankinginsights@gmail.com

How Do You Value A Company With No Revenue? 02.07.2023 9:46

Usually we value companies that have EBITDA or at least have revenue. But what do you do when the company has no revenue? Contact: investmentbankinginsights@gmail.com

When Would Liquidation Value Produce The Highest Value? 02.07.2023 5:17

We've covered what liquidation value is, but when would it produce a higher value than other methodologies? Contact: investmentbankinginsights@gmail.com

Why Can't You Use Equity Value / EBITDA Instead of EV / EBITDA? 01.07.2023 5:10

Today we'll explore why you can't use Equity Value / EBITDA instead of EV / EBITDA? Contact: investmentbankinginsights@gmail.com

How Would You Value An Apple Tree? 01.07.2023 5:14

How would you value an apple tree, or any other type of asset for that matter? Contact: investmentbankinginsights@gmail.com

How Do You Present Valuation Methodologies To A Client? 30.06.2023 7:32

It's not enough to do the calculations to understand what you think the valuation of a company is. How do you present this information to a client? Contact: investmentbankinginsights@gmail.com

Would An LBO Or DCF Give A Higher Valuation? 30.06.2023 7:45

Which would produce a higher valuation for a company - an LBO or DCF analysis? Why? Contact: investmentbankinginsights@gmail.com