Financial modelling is essential for providing you with the information you need to get the big decisions right. It can help you develop a resilient organisation ready for tomorrow’s challenges and, when done right, it can minimise the risk of error. So how do you start building an effective financial model? While no two models […]
The days where accounting and finance professionals have manual and time-consuming processes should be a thing of the past. The majority of finance professionals today will have Microsoft Excel in their personal toolbox, but are they using it to the best of its abilities? Circular references are one of those things most people have heard […]
In our previous blog our Managing Director, Denver McCann discussed WHY Vena + Excel is a platform for success. In his piece we explore the challenges facing the 1bn+ community of Excel users, why it’s wrong to replace Excel with new technologies as a solution to tackling the perceived inadequacies of Excel. He goes on […]
Transforming any aspect of your business operations is impossible without robust financial models that give you the insights needed to make more confident decisions. But when it comes to gauging the impact of your proposed changes, should you build a traditional spreadsheet model or invest in new tech in the hope it makes your life […]
The Loan Life Cover Ratio (LLCR) is one of the ratios used to assess the project company’s ability to repay its debt.
The Debt Service Coverage Ratio (DSCR) is the most commonly used ratio in Project Finance. It is a periodic measure of a project company’s ability to meet its debt obligations.
A Debt Service Reserve Account (DSRA) is normally required by the lending banks if you are looking for project financing
In the world of Project Finance, a project’s capacity to generate cash is at its core. Cash Flow Available for Debt Service (CFADS) is a measurement of precisely this.
A couple of days ago the shortcut Alt+F11 stopped working in Excel on my laptop. I use this almost hourly to open up the Visual Basic Editor (VBE) and had become so used to using it that the frustration of not having it got me fuming… Time to put on my deerstalker and light up my pipe.
Tim Martin, Wetherspoon’s chairman (and vocal advocate of Brexit) says he’s ready for Brexit and isn’t worried about a ‘no-deal’ cliff edge. How ready are you?