An Equinox analyst can help you perform both basic and more complicated debt analysis. Our solutions can typically help both large and small fixed-income asset managers to conduct more detailed analysis on covered instruments, letting an off-shore analyst maintain and update financial models, thereby helping client analysts to focus more on idea generation. The range of products include:
Analyze debt from a seniority standpoint, for instance, the proportion of Senior vs Subordinated debt for a company. Comparison of current spreads with historical and industry averages, etc.
We can comb through large volumes of disclosures and identify & capture covenant breaches, highlight the likelihood of covenant breaches, and potential impact on investment.
Analyze investment portfolio from a valuation, risk and diversification perspective. Identify major sources of potential risk, undervalued investments and adherence to investment mandates.
Ratio analysis capturing all operating, leverage and valuation indicators with commentary oninvestments.
Preparing cash flow models analyzing recovery of investment under different scenarios.
Analyze sensitivity of an investment of portfolio from changes in key factors, such as economic performance, varying interest rate scenarios, etc.
We can conduct Monte Carlo simulation to compute VaR or analyzing impact from a major event and the likelihood of occurrence.
Deep dive econometric models using statistical analysis to study historical macroeconomic performance and forecast key variables.
From data extraction and management to regular monitoring and preparing cash flow recovery models with sensitivity and scenario analysis for Structured Finance including CMBS, RMBS, and CLOs.
Portfolio monitoring, tracking key industry developments and regional economic indicators to ensure credit risk is mitigated and managed actively.
Provide all support in preparing regulatory filings required by different markets.
Preparing cash flow models analyzing recovery of investment under different scenarios.