Analyzing the Credit Strength of Asset Heavy Companies vs. Asset Light Companies Through the Lens of Recent Oil Market Turmoil

Time: Sunday, October 10, 2021 - 3:30pm to 4:30pm
Level: Intermediate

About

The session will examine the quantitative and qualitative markers for analyzing asset heavy and asset light companies. Quantitative topics covered include operating cash flow, liquidity and credit facilities, VaR and speculative trading. Qualitative topics include interest rate, industry, and country risks and the ever-emerging ESG movement.

1 hr CPE - Credit Finance

Objectives

  • Learn how to adjust cash flow statements and calculate operating cash flow liquidity. Identify key differences on the financial statements between asset heavy and asset light companies and discuss the primary credit drivers for short vs. long term deals.