What problem does it solve? Determining how much debt a firm should carry and what kind of debt it should issue requires a cost-of-capital schedule across debt ratios, downside protection analysis, and instrument design — work that is error-prone when done ad hoc. This Skill runs that financing-stage analysis as a structured, auditable workflow inside a valuation team. ## Core Features & Use Cases - Optimal debt ratio schedule: Relevers beta, solves the rating fixed point, and computes cost of capital at every debt ratio via the cost-of-capital-toolkit scripts, then reads the curve's flat band and cliff rather than reporting a mechanical argmin. - Downside protection: Prices either an EBIT stress test or a minimum-rating constraint (never both), and runs an alternate lens such as APV, peer regression, or the enhanced cost-of-capital approach. - Debt design: Runs macro-sensitivity regressions and duration analysis to recommend maturity, currency mix, fixed/floating split, and features, with a gap table against the existing debt profile. - Use Case: In a corporate-finance or restructuring run, the orchestrator delegates the financing stage to this Skill, which consumes classification, cleaned financials, and cost-of-capital JSON artifacts and writes capital-structure.json and capital-structure.md with a recommended debt range and instrument design. ## Quick Start Ask the valuation orchestrator to run the financing stage for a company so this Skill computes its optimal debt ratio and designs the recommended debt instruments.
