Brian DeChesare

SEPTEMBER 13, 2023

Distressed Debt Hedge Funds Definition: Distressed debt hedge funds buy and sell debt that is trading at a steep discount to face value, such as 40%+, and make money by betting on changes in the price of this debt or using it to gain influence in a restructuring or bankruptcy process.

Equity 103

Equity Banking EBITDA Start-ups 103

Musings on Markets

JANUARY 6, 2023

By the same token, it is impossible to use a pricing metric (PE or EV to EBITDA), without a sense of the cross sectional distribution of that metric at the time. For example, I have seen it asserted that a stock that trades at less than book value is cheap or that a stock that trades at more than twenty times EBITDA is expensive.

Risk Premium 52

Risk Premium Dividends Start-ups EBITDA 52

Brian DeChesare

MAY 24, 2023

But, as usual, I want to start with the definitions and fund types: What is an “Event-Driven Hedge Fund”? EBITDA multiple , matching its own. EBITDA since it’s only growing at 2-3% per year vs. 5-10% per year for Jacobs. revenue and 11.5x But lock-up periods are longer than most long/short equity funds.

Equity 64

Equity Start-ups EBITDA Banking 64

FE International

MARCH 14, 2018

For both paid and shared AMIs, developers must meet the following criteria : Sell publicly available, full-feature production-ready software (not a beta product). By definition, SaaS applications are monetized on a subscription basis, with customers typically paying a monthly sum based on which “tier” of membership they have opted for.

Marketability 52

Marketability Start-ups EBITDA Business Valuation 52

Brian DeChesare

AUGUST 10, 2022

Oil & Gas Investment Banking Definition: In oil & gas investment banking, professionals advise companies that search for, produce, store, transport, refine, and market energy on raising debt and equity and completing mergers and acquisitions. The entire Energy Services vertical is like a “high Beta” play on oil and gas prices.

Banking 98

Banking EBITDA Dividends Equity 98

Musings on Markets

FEBRUARY 27, 2023

One simplistic proxy for this cash generating capacity is EBITDA as a percent of enterprise value (EV), with higher (lower) values indicating greater (lesser) cash flow generating capacity. Debt to EBITDA, Interest Coverage Ratios If debt to capital is not a good measure for judging over or under leverage, what is?

Equity 52

Equity EBITDA Start-ups Net Debt 52

Musings on Markets

JANUARY 10, 2025

Beta & Risk 1. EBIT & EBITDA multiple s 5. While some of the variables are obvious, others are subject to interpretation, and I have a glossary , where you can see the definitions that I use for the accounting variables. Return on Equity 1. Debt Ratios & Fundamentals 1. Debt Details 1. Buybacks 2. I am sorry!

Risk Premium 119

Risk Premium Dividends Start-ups Corporate Finance 119