u/avgchillgurl

how do you solve for tax and debt interest circularity in project finance model?

in short the problem is

I have calculated ebitda and now I want to subtract interest to find taxable income and then tax.
but to get interest I need debt schedule.
for debt schedule I need CFADS
And I am unable to calculate CFADS without subtracting tax?

I’m just a beginner building my first model so really appreciate some help

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u/avgchillgurl — 15 days ago