Operating base
Build operating cash, fixed outflow and distributable-funds baselines
MTH-0005 / Professional module
Capital-structure Scenarios
A professional module for funding, M&A and restructuring that compares capital paths across operating, market, tenor and funding conditions.
METHOD POSITION
Professional module
Embedded in funding, M&A and restructuring
WHEN TO CALL
These signals call for a structured method
- 01
Short-term debt funds long-duration assets
- 02
The enterprise depends on refinancing, issuance, equity or asset sales
- 03
A hybrid instrument is moving between debt-like and equity-like states
DECISION GATES
Turn the method into gates that change action
Maturity structure
Map 12-, 24- and 36-month debt, commitments and asset cash-in
External dependence
Identify refinancing, price, rating, guarantee and market-window reliance
Scenario test
Build at least base, contraction and breakpoint scenarios
Path choice
Compare refinance, replace, deleverage, raise equity, dispose, restructure or wait
REQUIRED OUTPUT
01Capital-structure map
0212/24/36-month maturity table
03Three-scenario funding gap
04Capital path and triggers
STOP CONDITIONS
A method must also show when not to proceed
The base case depends on uncommitted financing
The contraction case has no liquidity reserve
The original judgment survives after the instrument changes state
RELATIONSHIPS
Cases generate the method; judgments and principles constrain it
PUBLIC BOUNDARY
This is Howard's current public method structure. It does not replace project-specific finance, legal, tax, valuation, regulatory or board judgment. Thresholds, risk appetite and final decisions remain with the responsible owners using complete facts.