Working Capital
As part of Financial Statements Analysis and credit analysis we typically cover working capital and working capital needs analysis.
However, whenever a business evolves (change of business model, significant investment, ...) the impact on WC and WCN is often more important and not realised by the organisation, nor its banks. The changes in a business can have drastic consequences for WC and WCN, which, if not managed in time, may ruin a business, when there really is no cause.