Net Debt Analysis: Where Buyers and Sellers Diverge on Definitions- July 8, 2026
For M&A transactions structured on a cash-free, debt-free basis, a net debt analysis helps buyers and sellers understand how the agreed enterprise value translates into the actual equity value paid at closing. Since enterprise value assumes the business is transferred without excess cash or...
Cash Proof Analysis in Financial Due Diligence- March 17, 2026
- Ethan Kelly
Quality of Earnings (QoE) reports are essential for both buyers and sellers in a transaction. For buyers seeking to acquire companies with lower EBITDA, a comprehensive QoE report and databook may not be economical. In this case, a cash proof analysis of the target...
How to Proceed with Caution? The Value of the QoE during Tariffs Turbulence- April 21, 2025
Sapling Financial Consultants was delighted to facilitate an interactive webinar on April 1 to discuss the latest challenges posed by tariffs and how a Quality of Earnings (QoE) report can help during these turbulent times. Our Senior Engagement Manager, Kevin Zhao, shared valuable insights...
Webinar: How to Proceed with Caution: The Value of the QoE during Tariffs Turbulence- March 18, 2025
- April 1, 2025
Event Description: Join us for an engaging webinar hosted by one of Sapling Financial Consultants’ Senior Engagement Managers, Kevin Zhao, CPA, CFA, where we will discuss the details of a Quality of Earnings (QoE) report and the important role it plays in today’s deal...
Webinar Summaries: The Importance of Due Diligence for Sell-side and Buy-side- October 25, 2024
In early October, Sapling presented a two-part webinar series on Financial Due Diligence in Uncertain Market Conditions. Here are the summaries: Trend in the M&A Environment With the market rebounding, global M&A deal values for the first half of 2024 have increased compared to...




