This foundational course introduces the cash flow analysis necessary to begin to analyze a credit. The direct cash flow method is used with a focus on construction, cash contributions due to profit verses working capital changes, and analysis of the capacity to meet future capital expenditure requirements, taxes and debt service.
- Understand the benefits and shortfalls of various cash flow presentations.
- Differentiate between cash necessary to support on-going operations versus cash available for debt service.
- Incorporate sustainable cash flow into measurable, cash flow coverage ratios.
Lenders who are new to cash flow analysis or who need to update cash flow analysis skills.