Private Equity

Lecture 7 - 8: Valuation, LBO Model, Exit

Quiz covering LBO structure and lender protection, financial covenants, the maximum leverage exercise, dividend recaps, valuation methodologies and multiples, the LBO model build and returns breakdown, and exit routes.

Question 8 of 56

When deriving cash available for debt service from EBIT, which of the following are deducted (or, for non-cash items, added back)?

Select every statement that applies.

Deduct the increase in Net Working Capital

Add back non-cash expenses such as depreciation and amortisation

Deduct cash tax charges

Deduct Capital Expenditure

Deduct dividends paid to ordinary shareholders

Current Quiz

Question Map

8 / 56 active