Financial Modeling for Corporate Restructuring and Bankruptcy

When a company faces financial distress, understanding how to model its survival or liquidation is a critical skill for finance professionals. This course guides you through the fundamental mechanics of restructuring and bankruptcy modeling without needing prior advanced finance experience. You will transition from basic financial concepts to building structured models that evaluate a company's viability, debt capacity, and potential recovery value. Through clear written explanations and step-by-step calculations, you will gain the confidence to analyze complex distressed situations. What you'll learn: - Understand the core terminology of corporate distress, bankruptcy pathways, and restructuring options. - Analyze distressed financial statements to identify liquidity shortfalls and solvency issues. - Build liquidation analysis models to estimate asset recovery values for different creditor classes. - Evaluate debt restructuring proposals using modern valuation techniques adjusted for risk. - Model cash flows under various operational turnaround scenarios to assess long-term viability. - Apply modern covenant analysis and debt capacity frameworks to evaluate restructuring feasibility. The course starts with foundational definitions of insolvency before moving into practical scenario modeling, cash flow forecasting, and debt recovery calculations. It is designed for beginners, finance students, and aspiring analysts looking to understand distressed debt and corporate restructuring with no advanced prerequisites required. Start reading today to master the financial mechanics of corporate turnaround and recovery.