This report is one of a series on the adjustments we make to convert GAAP data to economic earnings. This report focuses on an adjustment we make to convert the reported balance sheet assets into ...

Parties to a business transaction, whether structured as a purchase of equity or assets, typically agree on a method to adjust the purchase price based on the net working capital of the acquired ...

In most M&A transactions, the purchase price is adjusted after closing based on the amount of working capital delivered at closing compared to a negotiated target. The idea is straightforward: the ...

Kimberly Klayman of Ballard Spahr at the 2026 Builders Conference (Taquan Visuals for Technical.ly) This is a guest post from Ballard Spahr, a Technical.ly partner and one of the financial supporters ...

Ask someone who has sold their business which part of the deal caused the most stress and there is a good chance they will say it was the working capital adjustment. “Working capital is often the most ...

CEO Thomas Edward Capasse reported that the company maintained a stable book value per share at $10.61 during Q1 2025. Key actions included completing the UDF merger, which added $167.1 million of ...

A capital allowanceA capital allowance is the amount of capital investment costs, or money directed towards a company’s long-term growth, a business can deduct each year from its revenue via ...