Intrinsic 3Q 2018 – Credit Market Update

Intrinsic is proud to announce the start of the Intrinsic Credit Market Update. Please download our third quarter credit market report update below: Credit Market Update - 3Q18

By |2018-11-14T17:38:39+00:00November 14th, 2018|Governments, International, Leveraged Loans|Comments Off on Intrinsic 3Q 2018 – Credit Market Update

Earnings Quality is More than Adjusted EBITDA

Buyers perform exhaustive pre-acquisition due diligence of target companies that spans financial, tax, legal, IT, operational, marketing, HR, and other matters.  Central to financial due diligence is the target’s earnings quality.  Discussion of earnings quality usually focuses solely on recent historical EBITDA, normalized by making various adjustments.  Of course, normalized EBITDA is critical information. [...]

By |2018-10-17T13:32:25+00:00October 5th, 2018|Acquisitions, Financial, International, Select Articles, Taxes|Comments Off on Earnings Quality is More than Adjusted EBITDA

Facebook’s Nosedive: A Study on Significant Share Price Declines and Subsequent Reversion to the Mean

The recent decline in Facebook’s stock after the company’s third quarter earnings release on July 25, 2018 prompted an analysis of how rare this occurrence is and the prevalence of mean reversion theory. At the time of this writing, Facebook’s common stock is down roughly 20% after the close of markets. Method To analyze the [...]

By |2018-07-29T12:47:53+00:00July 29th, 2018|International, Select Articles|Comments Off on Facebook’s Nosedive: A Study on Significant Share Price Declines and Subsequent Reversion to the Mean