# www.wallstreetprep.com

> AI-optimized mirror of www.wallstreetprep.com containing 50 pages totalling 62,304 words of clean markdown content, structured data, and semantic HTML. Original source: https://www.wallstreetprep.com/. Last updated: 2026-05-21T20:26:10.991Z.

Each page is available as HTML (with JSON-LD structured data) and Markdown (text-only, ideal for LLMs and RAG).

## Homepage

- [Welcome to Wall Street Prep!](/site-root.html): Financial modeling self-study courses and instructor-led financial modeling training. Financial Statement Modeling, Valuation, LBO, DCF, Accounting, Excel. (1,282 words)

## Articles & Blog Posts

- [knowledge/5-cs-of-credit/index.html](/knowledge/5-cs-of-credit/index.html) (1 words)
- [knowledge/add-on-acquisition/index.html](/knowledge/add-on-acquisition/index.html) (1 words)
- [knowledge/ltm-ebitda/index.html](/knowledge/ltm-ebitda/index.html) (1 words)
- [knowledge/investment-banking-careers/index.html](/knowledge/investment-banking-careers/index.html) (1 words)
- [What is NDR?](/knowledge/net-dollar-retention-ndr/index.html): Net Dollar Retention (NDR) measures the percentage of revenue retained from existing customers relative to the start of a period. (2,066 words)
- [knowledge/comparable-company-analysis-comps/index.html](/knowledge/comparable-company-analysis-comps/index.html) (1 words)
- [knowledge/subscription-pricing/index.html](/knowledge/subscription-pricing/index.html) (1 words)
- [knowledge/income-statement-forecasting/index.html](/knowledge/income-statement-forecasting/index.html) (1 words)
- [knowledge/ranking-the-best-ai-tools-for-financial-modeling-2026.html](/knowledge/ranking-the-best-ai-tools-for-financial-modeling-2026.html) (1 words)
- [knowledge/the-2-trillion-question-can-spacexs-ipo-valuation-possibly-make-sense.html](/knowledge/the-2-trillion-question-can-spacexs-ipo-valuation-possibly-make-sense.html) (1 words)
- [What is Buy-Side vs. Sell-Side?](/knowledge/sell-side-vs-buy-side/index.html): Wall Street Prep breaks down which types of firms are considered "sell side" and which are "buy side," as well as in the M&A context. (1,890 words)
- [What is Premiums Paid Analysis?](/knowledge/premiums-in-ma/index.html): Premiums Paid Analysis is a common investment banking analysis that reviews comparable transactions and averages the premiums paid. (1,348 words)
- [What is Sell Side M&A?](/knowledge/sell-side-process/index.html): Sell Side M&A is the deal process from the seller and financial advisors' perspective. (1,719 words)
- [knowledge/pre-post-money-valuation/index.html](/knowledge/pre-post-money-valuation/index.html) (1 words)
- [knowledge/25-private-equity-interview-questions-you-must-know.html](/knowledge/25-private-equity-interview-questions-you-must-know.html) (1 words)
- [knowledge/xlookup-function-in-excel/index.html](/knowledge/xlookup-function-in-excel/index.html) (1 words)
- [What is Reinvestment Rate?](/knowledge/reinvestment-rate/index.html): Reinvestment Rate is the percentage of a company’s after-tax operating income allocated to capital expenditures and net working capital. (2,142 words)
- [What’s Happening at Wall Street Prep](/pressroom/index.html): What an incredible evening in New York! ✨

We were thrilled to host the Wharton Online + Wall Street Prep Happy Hour & Info Session at The Wilson this week.

Prospective students had the chance to meet program graduates, directors, and Wharton faculty, sparking some really thoughtful conversations.

After a lively Q&A, everyone continued networking over drinks and hors d’oeuvres. 🍷

We can’t wait to see many of you again in the Certificate Programs starting October 6.

👇 Links to each program are in the comments.

Scott Roman Aaron Hancock Christian Wattig Brett Caughran Andrew Carr (630 words)
- [knowledge/sources-and-uses-table/index.html](/knowledge/sources-and-uses-table/index.html) (1 words)
- [What is the Floor Area Ratio?](/knowledge/floor-area-ratio-far/index.html): Floor Area Ratio (FAR) is the size of a building in proportion to the land on which the property is located. (1,539 words)
- [What is the Altman Z-Score?](/knowledge/altman-z-score/index.html): Altman Z-Score is a model used to predict the near-term likelihood of companies undergoing bankruptcy or insolvency. (1,750 words)
- [knowledge/cap-rate-vs-cash-on-cash-return/index.html](/knowledge/cap-rate-vs-cash-on-cash-return/index.html) (1 words)
- [knowledge/cyclical-stocks/index.html](/knowledge/cyclical-stocks/index.html) (1 words)
- [knowledge/interest-expense/index.html](/knowledge/interest-expense/index.html) (1 words)
- [What is Sustainable Growth Rate?](/knowledge/sustainable-growth-rate/index.html): Sustainable Growth Rate (SGR) is the rate at which a company could grow if its existing capital structure is maintained. (1,527 words)
- [knowledge/venture-capital-diligence/index.html](/knowledge/venture-capital-diligence/index.html) (1 words)
- [knowledge/security-market-line-sml/index.html](/knowledge/security-market-line-sml/index.html) (1 words)
- [What is EBITDA Coverage Ratio?](/knowledge/ebitda-coverage-ratio/index.html): EBITDA Coverage Ratio measures a company’s capacity to meet its interest payments by comparing its EBITDA to its interest burden. (1,872 words)
- [What is LTV/CAC?](/knowledge/ltv-cac-ratio/index.html): LTV/CAC Ratio is a SaaS KPI that measures the relationship between customer lifetime value and cost incurred to acquire that customer. (3,825 words)
- [What is Customer Concentration?](/knowledge/customer-concentration/index.html): Customer Concentration refers to the risk attributable to a company’s revenue being too reliant on a small subset of customers. (1,452 words)
- [What is Break-Even Analysis?](/knowledge/break-even-analysis/index.html): Break-Even Analysis quantifies the total number of units that must be sold, or the minimum sales threshold, for revenue to equal total costs. (2,669 words)
- [What is Revenue Churn?](/knowledge/revenue-churn-mrr/index.html): Revenue Churn measures the percentage of recurring revenue lost from customer cancellations, non-renewals, and downgrades in a given period. (1,493 words)
- [What is Take Rate?](/knowledge/take-rate/index.html): Take Rate is the percentage of fees collected by a 3rd-party platform, such as an eCommerce marketplace or payment services provider. (1,262 words)
- [What is Loan Amortization?](/knowledge/loan-amortization-schedule/index.html): Loan Amortization Schedule outlines the interest and principal payments owed on a mortgage, including the outstanding balance. (1,790 words)
- [Growth Capex vs. Maintenance Capex: What is the Difference?](/knowledge/growth-capex-vs-maintenance-capex/index.html): Growth Capex is the purchase of fixed assets to increase its operating cash flows, whereas Maintenance Capex is required to sustain itself. (1,668 words)
- [What is the Depreciation Tax Shield?](/knowledge/depreciation-tax-shield/index.html): Depreciation Tax Shield refers to the tax savings from recording the depreciation expense, which reduces earnings before taxes (EBT). (1,226 words)
- [What is the SaaS Magic Number?](/knowledge/saas-magic-number/index.html): SaaS Magic Number measures a company’s sales efficiency, which refers to how efficiently it can generate incremental recurring revenue. (1,312 words)
- [What is EBITDA Margin?](/knowledge/ebitda-margin/index.html): EBITDA Margin is a profitability ratio that compares the EBITDA of a company to its net revenue, expressed as a percentage.  (1,985 words)
- [What is a Dividend Recapitalization?](/knowledge/dividend-recap/index.html): Dividend Recapitalization is a strategy utilized by private equity firms to increase their fund returns on an LBO. (1,218 words)
- [What is Consumer Surplus?](/knowledge/consumer-surplus/index.html): Consumers gain consumer surplus if their payment is under their maximum price. Learn about the consumer surplus formula and how it’s calculated. (1,481 words)
- [What is Loan Sizing?](/knowledge/loan-sizing/index.html): Loan Sizing is the underwriting process by which commercial real estate lenders estimate the financing amount to offer to a borrower. (2,395 words)
- [What is Contribution Margin Ratio?](/knowledge/contribution-margin-ratio/index.html): Contribution Margin Ratio is the product revenue remaining after deducting variable costs, expressed on a per-unit basis. (1,093 words)
- [**Welcome to Wall Street Prep!**](/knowledge/ai-in-risk-management/index.html): Discover how AI in risk management is impacting financial institutions. Learn about its role in finance, implementation hurdles, and emerging trends. (2,505 words)
- [What is a Minority Interest?](/knowledge/minority-interest/index.html): Minority Interest is a non-controlling investment into a company’s equity, in which the firm does not possess majority ownership. (1,334 words)
- [What is Accrued Expense vs. Accounts Payable?](/knowledge/accrued-expenses-vs-accounts-payable/index.html): Accrued Expense and Accounts Payable refer to unfulfilled 3rd party payments, but for accrued expenses, an invoice has not been received. (1,123 words)
- [What is Cash Flow Statement?](/knowledge/cash-flow-statement/index.html): Cash Flow Statement (CFS) is a financial statement that reconciles net income based on the actual cash inflows and outflows in a period. (2,456 words)
- [What is Operating Cash Flow Ratio?](/knowledge/operating-cash-flow-ratio/index.html): Operating Cash Flow Ratio (OCF) compares the cash flows generated by a company’s core operations to its current liabilities. (979 words)
- [What is an LBO Model Test?](/knowledge/lbo-modeling-test-example-solutions/index.html): The LBO Model Test refers to a common interview exercise given to prospective candidates during the private equity recruiting process. (10,081 words)
- [Front Office vs. Back Office: Investment Bank Roles](/knowledge/investment-bank-organizational-structure/index.html): The roles in an investment bank can be separated into three distinct parts: the front office, the middle office, and the back office. (1,174 words)

## Resources

- [Full Page Index](/index.html): Browse all cached pages with rich metadata
- [About This Cache](/content/about.html): Methodology, technical details, and usage guidelines
- [XML Sitemap](/content/sitemap.xml): Machine-readable sitemap for crawler discovery
- [Robots.txt](/content/robots.txt): Crawler directives