What is FCFF? Free Cash Flow to the Firm or FCFF is the cash flow i.e. available to all the stakeholders of the business i.e Equity shareholders, Debt holders, Preference shareholder, Convertible bondholders, Stock option holder, etc. It is used to determine the Enterprise Value (EV) of the firm. FCFF is the actual cash flow…
There are few things that a modeler should know before building the financial model. We will try to keep this post as short as possible and most importantly to the point, which will help you to build the model with much more ease. Start with determining the number of tabs or worksheets to be…
As a Financial Analyst, your key goal, while building a financial model, is to improve its transparency and audibility. Below are some of the Excel best practices while preparing financial models and list of important MS-Excel shortcuts 1. Color Coding: There are no hard and fast rules in assigning color codes to various inputs,…
What is financial modeling? Financial modeling is a tool for decision making, let me elaborate, whenever you want to make a decision or let’s say a sensible decision, you need some data, some information, some calculation to support that. That usage of information, data to decide something is nothing but a financial model. Let’s narrow…
“Stock market” the word sounds very interesting. People rarely know the actual purpose of “Why does the stock market exists?” Often beginners tend to invest in the stocks of multiple companies based on someone’s suggestion, it could be anyone either from your family, friends, local shopkeeper, building uncle, etc just kidding but it’s a general…
Honest Taxpayers! In an attempt to digitalize the Income Tax Department’s functioning, to simplify the tax system and bring reform in the old school method of tax assessment, on Thursday, 13th August 2020, PM Modi unveiled the “Transparent Taxation – Honoring the Honest” platform. The taxation reform aims at reducing government interference…
If you’re looking to make your first mutual fund investment or have any doubt about the mutual funds, then congratulations you are at the right place. In this article, we have tried to inculcate all the queries and have built an interesting story that will answer all your questions. As the title states “Mutual fund…
New National Education Policy 2020 is finally here! First-ever in last 34 years. Education will design our tomorrow. The content, the technology, methodology, and philosophy all of it will. The nation needs people with skills that are vocation based and bread earning. That sparks Creativity, Confidence, compassion, and collaborative growth. Education doesn’t just happen in…
There are a plethora of books available on the internet to learn finance. To make your work a bit simpler, I have done in-depth research and have brought to you the 9 most popular and best finance books ever written, which will sure shot help you in increasing your financial knowledge, self-growth, and personal finance. …
Author: Vikas Tiwari What is an annual report? Annual report is a public document issued by the company at the end of every financial year which contain the details of the company with respect to the business model, the financial statements and many more. We will be breaking down “How to read annual report” in…
