Quantifying authentic debt capacity across market cycles and liquidity shocks
Our credit analysis framework rejects superficial accounting shortcuts. We unbundle underlying operational profitability, model cash flow volatility, and test covenant headroom under stringent stress testing.
Analysis Division · Evidentiary Precision · Cabinet Hipparchus
Published or self-reported financial statements only mirror the past. True solvency lies in operational margin resilience and unencumbered liquidity during economic downturns.
Cash Flow Normalization
Restating non-recurring items, assessing normalized working capital requirements (WCR), and uncovering unrecorded off-balance-sheet commitments.
Collateral Resilience
Independent appraisal of tangible security packages, forced liquidation haircuts, and intercreditor subordination priorities.
Hipparchus Credit Assessment Framework
Our proprietary credit scoring matrix unites mathematical modeling with transactional pragmatism to guide debt underwriting and capital allocation.
Analytical expertise areas
Quatre approches rigoureuses et complémentaires pour diagnostiquer la solvabilité et éclairer les arbitrages de capital.
Proprietary credit rating methodology
Scoring PropriétaireMultidimensional scoring matrix combining operational stability, balance sheet health, governance, and collateral packages.
Balance sheet auditing and liability mapping
Audit des FluxComprehensive review of asset and liability lines, accounts receivable quality inspection, and immediate liquidity verification.
Dynamic liquidity and crisis modeling
Simulation ProspectiveSimulating macro and micro shocks across rolling 12, 24, and 36-month liquidity trajectories.
Lender advisory and independent due diligence
Assistance PrêteursIndependent underwriting mandates for private debt funds, commercial banks, and family offices.
Our four-stage credit evaluation process
Une exécution rythmée par des critères stricts de qualification et de structuration financière.
Data Intake & Normalization
Aggregating certified accounts, corporate tax filings, and legal records. Neutralizing accounting distortions.
Dynamic Financial Modeling
Rebuilding historical cash flows and forecasting Free Cash Flow (FCF) distributions across multiple cycle hypotheses.
Collateral & Guarantee Audit
Verifying first-ranking mortgages, share pledges, business assets, and personal guarantees backing the facility.
Institutional Credit Report
Issuing the independent credit opinion memo, highlighting vulnerabilities and setting actionable debt terms.
Continue exploring our advisory capabilities
Financing & Private Debt
Senior bank loans, private debt facilities, and asset-backed financing structures.
Financial Strategy & Capital Structure
Liability optimization, leverage calibration, and sustainable borrowing capacity.
The Financial Point
Our macro intelligence brief monitoring credit risk, sovereign spreads, and monetary trends.