Corporate Finance

This guide explains what senior debt is and why it is used. It also explains the types of senior debt that companies often use as well as the risk of senior debt compared to other financing options.

This guide explains what the capital stack is and the rationale behind making decisions about a business’ capital structure. Additionally, we’ll look at how a business’ capital stack is influenced by the lifecycle stage the business is currently in.

This post explains what goodwill is in accounting. We look at what goodwill is, how it is calculated, the conditions for amortizing goodwill, and why goodwill arises in M&A deals. Here are some key takeaways about goodwill: