Net Working Capital (NWC) is the difference between a company's current assets (net of cash) and current liabilities (net of debt) on its balance sheet.| Corporate Finance Institute
Standard & Poor’s is an American financial intelligence company that operates as a division of S&P Global. S&P is a market leader in the| Corporate Finance Institute
A revolving debt (a revolver, sometimes known as a line of credit or LOC) does not feature fixed monthly payments.| Corporate Finance Institute
Return on Equity (ROE) is a measure of a company’s profitability that takes a company’s annual return (net income) divided by the value of its total shareholders' equity.| Corporate Finance Institute
Senior Debt is money owed by a company that has first claims on the company’s cash flows. It is more secure than any other debt, such as subordinated debt| Corporate Finance Institute
Par Value is the nominal or face value of a bond, or stock, or coupon as indicated on a bond or stock certificate. It is a static value| Corporate Finance Institute
Learn from CFI's library of Fixed Income courses and prepare for a successful career in capital markets, wealth management, and other in-demand finance fields.| Corporate Finance Institute
Bond pricing is the science of calculating a bond's issue price based on the coupon, par value, yield and term to maturity. Bond pricing allows investors| Corporate Finance Institute
Find out what it takes to become a successful DCM banker, from the required skills you'll use regularly to the typical day and compensation you can expect.| Corporate Finance Institute
Tim is a CFI author and instructor with diverse experience in capital markets, investment banking, investment management, and corporate development.| Corporate Finance Institute
The Capital Asset Pricing Model (CAPM) is a model that describes the relationship between expected return and risk of a security.| Corporate Finance Institute