Evaluating Management Quality Through Credit Rating Rationale

Imagine you are reviewing an annual report for a mid-cap manufacturing firm in India. While the equity performance appears robust, you notice that the credit rating agency has repeatedly flagged the company’s high...

Mastering Capital Structure: Beyond the Equity Veil

Picture yourself preparing a valuation model for a mid-cap manufacturing firm in India. You have projected stellar revenue growth and healthy EBITDA margins, but your model fails to account for the company’s recent...