Financial Modeling

Building Complex Financial Models
When evaluating alternative business models, comparing financial strategies or working through complex problems it is beneficial to build dynamic financial models to calculate results. Properly designed financial models provide a quick and efficient method of determining the outcome of different strategies or variables with minor changes in assumptions.

Comparison Valuation & Discounted Cash Flow Analysis
When seeking capital or evaluating a merger or acquisition, calculating the fair value of your corporation is a critical component. Two common methods of determining fair value include:

1.        Calculating different valuation ratios such as price-to-earnings, price-to-EBIDA or price-to-sales and comparing these values to similar companies or industries; and Discounting future cash flows to determine a net present value.

2.      HIC & Associates provides comprehensive comparison and discounted cash flow valuation studies to help you determine the fair value of your organization.

Developing Proforma Financial Statements
Since emerging growth companies are typically in the early stages of development, their present value is heavily dependent on future sales and earnings projections. Building proforma financial statements is required to complete a comprehensive business plan, to estimate the present value of future cash flows and to aid in funding efforts. We have extensive experience creating proforma financial statements and will provide valuable insight to emerging growth company executives estimating future results.

Financial Ratio Analysis
Performing a financial ratio analysis is an important part of comparing a company’s performance against its peers or against industry values. HIC & Associates will calculate these ratios and provide you with a comprehensive financial ratio analysis report. Outsourcing these tasks will save you valuable time so you can focus on running your company.

Financial Statement Analysis
Analyzing the financial statements of emerging growth companies takes a unique set of skills. Certain types of financing, that are prevalent in small companies, can cause excessive dilution and are a threat to investors. HIC & Associates has many years of experience analyzing emerging growth companies and are well aware of many potential pitfalls and other “red flags” that can be identified through proper financial statement analysis.