Excel cases
4 guided Excel modelling cases, each with a starter file, steps you check one by one and a worked solution.
- 1Value a gold mine: the NAV of Kestrel Ridge
Build the NAV of a gold project from its feasibility study, then judge the share price.
- 2Build a three-statement model: Brolga Drilling
Forecast a drilling contractor’s income statement, balance sheet and cash flows for five years, with a revolver that funds its fleet growth.
- 3Run an LBO: Greyhaven buys Corella Equipment Rental
Model the buyout of a mining equipment rental company: sources and uses, three debt tranches with a cash sweep, the returns, and the case for the investment committee.
- 4Model a gold merger: Wedgetail buys Jabiru
Allocate the purchase price, build pro forma EPS, cash flow and NAV per share, find the breakeven synergies and test the premium and the stock mix.