a k s t u i s k u w m u k o p l h u i o t r f d c v b n m k l o i u y t r e g t r e w s a d f g h j...
TRANSCRIPT
![Page 1: A k s t u I s k u w m u k o p l h u I o t r f d c v b n m k l o I u y t r e G t r e w s a d f g h j j k l m n b v c x z f g h j k li I u y tr r e o u y](https://reader033.vdocuments.mx/reader033/viewer/2022061514/56649ef25503460f94c0465a/html5/thumbnails/1.jpg)
A k s t u I s k u w m u k o p l h u I o t r f d c v b n m k l o I u y t r e
G t r e w s a d f g h j j k l m n b v c x z f g h j k li I u y tr r e o u y r r
O o p y t r I o u y t j k l m n b v c x zz z z w w t t y y y u g gd d s e
r f b n m k I u j h o p u y t r n j u I o u y t r f g h j h h j k I o u y m n
O I u h j n h y m k j u y t m k iu y t h g f ds d f r e s d f re s d f r e s
d c v g t y h b v c z z x e w s d f r p o I l m k j u n h y g b n j u y h
m k I o l p m n b j u y h g t I o p l m nj j I u j k m n j I k m n j I I o r
t g b v f r t y h b v g t y h b g t y h b v f r u I o k m n j I o p l m n j I
Q w e er d s a q w e r d c f v g t yu h b u I o j k m n h yu I o l o p p
N bc v b n m x c v b n x c v g t r f v b nm c f r t g t y h b vc x d e s
![Page 2: A k s t u I s k u w m u k o p l h u I o t r f d c v b n m k l o I u y t r e G t r e w s a d f g h j j k l m n b v c x z f g h j k li I u y tr r e o u y](https://reader033.vdocuments.mx/reader033/viewer/2022061514/56649ef25503460f94c0465a/html5/thumbnails/2.jpg)
I. KTIKARI
II. PVESHUR
III. STIWA
IV. NTASHKEEV
V. LUVPI
KRITIKA
PURVESH
SWATI
VENKATESH
VIPUL
![Page 3: A k s t u I s k u w m u k o p l h u I o t r f d c v b n m k l o I u y t r e G t r e w s a d f g h j j k l m n b v c x z f g h j k li I u y tr r e o u y](https://reader033.vdocuments.mx/reader033/viewer/2022061514/56649ef25503460f94c0465a/html5/thumbnails/3.jpg)
(Do Mulgi Teen Mulge)
(Do Mulgi Teen Mulge)
Kritika jaInnKritika jaInn
Purvesh mogHe
Purvesh mogHe
Swati hasiJaa
Swati hasiJaa
Venkatesh viswanaThan
Venkatesh viswanaThan
Vipul raWallVipul raWall
Team - D
ecrypter
s
![Page 4: A k s t u I s k u w m u k o p l h u I o t r f d c v b n m k l o I u y t r e G t r e w s a d f g h j j k l m n b v c x z f g h j k li I u y tr r e o u y](https://reader033.vdocuments.mx/reader033/viewer/2022061514/56649ef25503460f94c0465a/html5/thumbnails/4.jpg)
OV
ERV
IEW
OV
ERV
IEW What is Debt Capital?
What is Debt Capital?What are types/sources of Debt
What are types/sources of Debt
Capital?Capital?Debt Capital v/s Share Capital
Debt Capital v/s Share Capital
What is Cost of Capital?
What is Cost of Capital?
![Page 5: A k s t u I s k u w m u k o p l h u I o t r f d c v b n m k l o I u y t r e G t r e w s a d f g h j j k l m n b v c x z f g h j k li I u y tr r e o u y](https://reader033.vdocuments.mx/reader033/viewer/2022061514/56649ef25503460f94c0465a/html5/thumbnails/5.jpg)
CapitalCapital
ShareDebt
Internal
![Page 6: A k s t u I s k u w m u k o p l h u I o t r f d c v b n m k l o I u y t r e G t r e w s a d f g h j j k l m n b v c x z f g h j k li I u y tr r e o u y](https://reader033.vdocuments.mx/reader033/viewer/2022061514/56649ef25503460f94c0465a/html5/thumbnails/6.jpg)
Debt
Capit
al
Debt
Capit
al
Debt capital is the money borrowed for a
fixed period of time at
a specific interest rate.
![Page 7: A k s t u I s k u w m u k o p l h u I o t r f d c v b n m k l o I u y t r e G t r e w s a d f g h j j k l m n b v c x z f g h j k li I u y tr r e o u y](https://reader033.vdocuments.mx/reader033/viewer/2022061514/56649ef25503460f94c0465a/html5/thumbnails/7.jpg)
Types o
f Debt C
apita
l
Types o
f Debt C
apita
l LoansLoans
- private- private(banks, institutions)
(banks, institutions)
- non-transferable
- non-transferable
Bond/Debenture
Bond/Debenture
- public - public (individuals and
(individuals and
institutions)institutions)
- transferable
- transferable
![Page 8: A k s t u I s k u w m u k o p l h u I o t r f d c v b n m k l o I u y t r e G t r e w s a d f g h j j k l m n b v c x z f g h j k li I u y tr r e o u y](https://reader033.vdocuments.mx/reader033/viewer/2022061514/56649ef25503460f94c0465a/html5/thumbnails/8.jpg)
Mr. ZooZee meets Master Shifu
![Page 9: A k s t u I s k u w m u k o p l h u I o t r f d c v b n m k l o I u y t r e G t r e w s a d f g h j j k l m n b v c x z f g h j k li I u y tr r e o u y](https://reader033.vdocuments.mx/reader033/viewer/2022061514/56649ef25503460f94c0465a/html5/thumbnails/9.jpg)
Share
Capit
al
Share
Capit
al
v/s
v/s
Debt
Capit
al
Debt
Capit
al OwnershipFaith FactorRisk QuotientRepaymentCost of Capital
![Page 10: A k s t u I s k u w m u k o p l h u I o t r f d c v b n m k l o I u y t r e G t r e w s a d f g h j j k l m n b v c x z f g h j k li I u y tr r e o u y](https://reader033.vdocuments.mx/reader033/viewer/2022061514/56649ef25503460f94c0465a/html5/thumbnails/10.jpg)
Debt Capital v/s Share CapitalDebt Capital v/s Share Capital
Ownership
![Page 11: A k s t u I s k u w m u k o p l h u I o t r f d c v b n m k l o I u y t r e G t r e w s a d f g h j j k l m n b v c x z f g h j k li I u y tr r e o u y](https://reader033.vdocuments.mx/reader033/viewer/2022061514/56649ef25503460f94c0465a/html5/thumbnails/11.jpg)
OWNERSHIP
OWNERSHIP
Share Capital – Share Capital – ‘owned’ ‘owned’
Debt Capital – ‘owed’ Debt Capital – ‘owed’
![Page 12: A k s t u I s k u w m u k o p l h u I o t r f d c v b n m k l o I u y t r e G t r e w s a d f g h j j k l m n b v c x z f g h j k li I u y tr r e o u y](https://reader033.vdocuments.mx/reader033/viewer/2022061514/56649ef25503460f94c0465a/html5/thumbnails/12.jpg)
Debt Capital v/s Share CapitalDebt Capital v/s Share CapitalFa
ith F
acto
r
Ownership
![Page 13: A k s t u I s k u w m u k o p l h u I o t r f d c v b n m k l o I u y t r e G t r e w s a d f g h j j k l m n b v c x z f g h j k li I u y tr r e o u y](https://reader033.vdocuments.mx/reader033/viewer/2022061514/56649ef25503460f94c0465a/html5/thumbnails/13.jpg)
FAITH FAITH FACTOR
FACTOR
Share Capital –’faith’ Share Capital –’faith’
Debt Capital – ‘no faith’Debt Capital – ‘no faith’
![Page 14: A k s t u I s k u w m u k o p l h u I o t r f d c v b n m k l o I u y t r e G t r e w s a d f g h j j k l m n b v c x z f g h j k li I u y tr r e o u y](https://reader033.vdocuments.mx/reader033/viewer/2022061514/56649ef25503460f94c0465a/html5/thumbnails/14.jpg)
Debt Capital v/s Share CapitalDebt Capital v/s Share Capital
Faith
Fac
tor
Risk Quotient
Ownership
![Page 15: A k s t u I s k u w m u k o p l h u I o t r f d c v b n m k l o I u y t r e G t r e w s a d f g h j j k l m n b v c x z f g h j k li I u y tr r e o u y](https://reader033.vdocuments.mx/reader033/viewer/2022061514/56649ef25503460f94c0465a/html5/thumbnails/15.jpg)
RISKRISK QUOTIENTQUOTIENT
Share – onus on Share – onus on shareholders shareholders
Debt – rated by agencies Debt – rated by agencies
![Page 16: A k s t u I s k u w m u k o p l h u I o t r f d c v b n m k l o I u y t r e G t r e w s a d f g h j j k l m n b v c x z f g h j k li I u y tr r e o u y](https://reader033.vdocuments.mx/reader033/viewer/2022061514/56649ef25503460f94c0465a/html5/thumbnails/16.jpg)
Debt Capital v/s Share CapitalDebt Capital v/s Share Capital
Faith
Fac
tor
Risk Quotient
Repay
men
t
Ownership
![Page 17: A k s t u I s k u w m u k o p l h u I o t r f d c v b n m k l o I u y t r e G t r e w s a d f g h j j k l m n b v c x z f g h j k li I u y tr r e o u y](https://reader033.vdocuments.mx/reader033/viewer/2022061514/56649ef25503460f94c0465a/html5/thumbnails/17.jpg)
REPAYMENT
REPAYMENT
Share – cannot claim Share – cannot claim moneymoney
Debt – repayment on Debt – repayment on maturitymaturity
![Page 18: A k s t u I s k u w m u k o p l h u I o t r f d c v b n m k l o I u y t r e G t r e w s a d f g h j j k l m n b v c x z f g h j k li I u y tr r e o u y](https://reader033.vdocuments.mx/reader033/viewer/2022061514/56649ef25503460f94c0465a/html5/thumbnails/18.jpg)
Debt Capital v/s Share CapitalDebt Capital v/s Share Capital
Faith
Fac
tor
Risk Quotient Rep
aym
ent
Cost of
Capital
Ownership
![Page 19: A k s t u I s k u w m u k o p l h u I o t r f d c v b n m k l o I u y t r e G t r e w s a d f g h j j k l m n b v c x z f g h j k li I u y tr r e o u y](https://reader033.vdocuments.mx/reader033/viewer/2022061514/56649ef25503460f94c0465a/html5/thumbnails/19.jpg)
Share – Dividend (iff Share – Dividend (iff profit)profit)
Debt – fixed interest rate Debt – fixed interest rate (no matter what)(no matter what)
COST OF COST OF CAPITALCAPITAL
![Page 20: A k s t u I s k u w m u k o p l h u I o t r f d c v b n m k l o I u y t r e G t r e w s a d f g h j j k l m n b v c x z f g h j k li I u y tr r e o u y](https://reader033.vdocuments.mx/reader033/viewer/2022061514/56649ef25503460f94c0465a/html5/thumbnails/20.jpg)
Debt Capital v/s Share CapitalDebt Capital v/s Share Capital
Faith
Fac
tor
Risk Quotient Rep
aym
ent
Cost of
Capital
Ownership
![Page 21: A k s t u I s k u w m u k o p l h u I o t r f d c v b n m k l o I u y t r e G t r e w s a d f g h j j k l m n b v c x z f g h j k li I u y tr r e o u y](https://reader033.vdocuments.mx/reader033/viewer/2022061514/56649ef25503460f94c0465a/html5/thumbnails/21.jpg)
Cost
of
Capit
al
Cost
of
Capit
al
CoC = CoS + CoD + CoI
Dividend
Zero
Interest
0 – 100% (or even more) on the Face Valueand not on the Issue Price
~ 10%
![Page 22: A k s t u I s k u w m u k o p l h u I o t r f d c v b n m k l o I u y t r e G t r e w s a d f g h j j k l m n b v c x z f g h j k li I u y tr r e o u y](https://reader033.vdocuments.mx/reader033/viewer/2022061514/56649ef25503460f94c0465a/html5/thumbnails/22.jpg)
Debt Capital v/s Share CapitalDebt Capital v/s Share Capital
Share Debt
![Page 23: A k s t u I s k u w m u k o p l h u I o t r f d c v b n m k l o I u y t r e G t r e w s a d f g h j j k l m n b v c x z f g h j k li I u y tr r e o u y](https://reader033.vdocuments.mx/reader033/viewer/2022061514/56649ef25503460f94c0465a/html5/thumbnails/23.jpg)
WA
CC
/IR
RW
AC
C/IR
R
WACC – WACC – Weighted Avg. of Weighted Avg. of
Cost of CapitalCost of Capital
IRR – IRR – Internal Rate of ReturnInternal Rate of Return
![Page 24: A k s t u I s k u w m u k o p l h u I o t r f d c v b n m k l o I u y t r e G t r e w s a d f g h j j k l m n b v c x z f g h j k li I u y tr r e o u y](https://reader033.vdocuments.mx/reader033/viewer/2022061514/56649ef25503460f94c0465a/html5/thumbnails/24.jpg)
DhanyawaaDhanyawaadd
Thank youThank youSpasibaSpasibaMerciMerci
Any Questions ? ?
Keep smiling