Hands-On Financial Modeling with Microsoft Excel 2019: Build practical models for forecasting, valuation, trading, and growth analysis using Excel 2019

Explore different aspects of financial modeling with the help of easy-to-follow instructions, productivity tips, and a variety of Excel features and functions

Key Features

• A non-data professional's guide to exploring financial functions and pivot tables in Excel
• Prepare various models for income and cash flow statements and balance sheets
• Perform valuations and identify growth drivers with real-world case studies

Book Description

Financial modeling deals with building digital prototypes of business strategies for core business tasks, such as valuation, profit loss analysis, and growth analysis, that are crucial to decision making. Hands-On Financial Modeling with Microsoft Excel 2019 explains financial modeling concepts and their implementation with the help of Excel.

This book starts with an overview of the steps you should follow to build an integrated financial model. You'll explore design principles, functions, and techniques of financial modelling as you learn to implement models in the real world. Starting from key Excel concepts, such as formulas and functions, you'll learn about referencing frameworks and other advanced components of financial models. As you progress through the chapters, you'll thoroughly understand your financial projects, build assumptions, and analyze historical data to develop data-driven models and identify functional growth drivers. The book also takes you through model testing and covers best practices.

By the end of this book, you'll have examined data from various use cases and developed the skills you need for using Excel for business and financial modeling.

What you will learn

• Identify the growth drivers derived from processing historical data in Excel
• Use discounted cash flow (DCF) for efficient investment analysis
• Build a financial model by projecting balance sheets for assessing profit and loss
• Apply a Monte Carlo simulation to derive key assumptions for your financial model
• Prepare detailed asset and debt schedule models in Excel
• Discover the latest and advanced features of Excel 2019
• Calculate profitability ratios using various profit parameters

Who this book is for

If you're a data professional, analyst, business owner, or student who wants to develop financial modeling skills, this book is for you. You need not have experience working with data and stats to get started with building financial models; however, this book assumes working knowledge of Excel.

Table of Contents

1. Introduction to Financial Modeling and Excel
2. Steps for Building a Financial Model
3. Formulas and Functions - Completing Modeling Tasks with a Single Formula
4. Applying the Referencing Framework in Excel
5. Understanding Project and Building Assumptions
6. Asset and Debt Schedules
7. Cash Flow Statement
8. Ratio Analysis
9. Valuation
10. Model Testing for Reasonableness and Accuracy