Posts by: WST Expert 1

Re: shareholder loan
Yes, your assessment captures the essence of the topic.
Go to post added 6 years ago
Re: shareholder loan
1) The link you are referring to is a "shareholder advance" which indeed can be classified as debt or equity. In the case of listed companies, this would not likely to appear (especially for going concerns) since the shareholders would be the public. For private companies, who obviously should abid... Read More
Go to post added 6 years ago
Re: par value
In the context of paid-in capital (stock), par value is an arbitrary number determining a baseline value of each share (typically determined by the company). You can return to about the 5-minute mark in the video for a recap. Also, somewhat similarly, in the context of bonds, par value refers to ... Read More
Go to post added 6 years ago
Re: Formatting Cells D26 through I26
Either is acceptable, but if we had to choose, go with C26 for the second half to keep it dynamic.
Go to post added 6 years ago
Re: No Growth Model and Gordon Growth Model
You're trying to calculate intrinsic value via growth models. So the difference between current price and that future intrinsic value is your capital gains.
Go to post added 6 years ago
Re: Format
That represents the older formatting practices on previous versions of the WST Macros add-in. In recent years we've updated it to reflect more modern preferences. If you're submitting a pre-work assignment, you won't be penalized for having your formatting different from the one in the videos, as... Read More
Go to post added 6 years ago
Re: Formating 0.0% and 0.0x in Data Manipulation
That represents the older formatting practices on previous versions of the WST Macros add-in. In recent years we've updated it to reflect more modern preferences. If you're submitting a pre-work assignment, you won't be penalized for having your formatting different from the one in the videos, as... Read More
Go to post added 6 years ago
Re: WST Add-in
The latest version of our WST Macros add-in can be found under My Courses -> WST Self-Study Instructions -> Excel Setup Tutorial. In the gray box on the right listing the chapters/assets, look for the yellow icon indicating the ZIP file. Click to download, then extract the files somewhere on your... Read More
Go to post added 6 years ago
Re: Cell Format
The number of decimal points shown by default (when using the number formatting macros) has changed over the years, as we've updated the Excel add-in. However, you can customize it to your liking via the shortcuts to show/hide one more/fewer decimal place. In the WST Macros menu/ribbon, select "W... Read More
Go to post added 6 years ago
Re: Warrants
Companies typically issue warrants as part of debt securities. This is meant to provide an "equity kicker", to increase the potential return to investors. Warrants do typically have a premium strike price over current price to align economic interests.
Go to post added 6 years ago