Lecture 13

24 Março 2026, 09:30 • José Luís Eusébio Marques dos Santos

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Overview of financial ratios, their main types, interpretation, and role in assessing a firm's performance and risk.

Lecture 12

17 Março 2026, 11:00 • José Luís Eusébio Marques dos Santos

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Further case-based application of working capital and WCR frameworks, extending analysis of financial equilibrium, liquidity constraints, and financing options.

Lecture 11

17 Março 2026, 09:30 • José Luís Eusébio Marques dos Santos

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From EBITDA to cash (conclusion): How firms achieve sustainable growth and finance high growth through working capital management and the sustainable growth rate, ensuring alignment between profitability, liquidity, and financial equilibrium.

Lecture 10

10 Março 2026, 11:00 • José Luís Eusébio Marques dos Santos

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Case-based analysis of working capital and financial equilibrium, applying the WCR framework to real-world balance sheets, diagnosing liquidity surpluses or shortfalls, and discussing financing options to restore or preserve financial equilibrium.

Lecture 9

10 Março 2026, 09:30 • José Luís Eusébio Marques dos Santos

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From EBITDA to cash (cont.): The relevance of working capital, the definition of working capital and the working capital requirement (WCR), the relationship between WCR and the operating cycle, and the implications for liquidity position and financial equilibrium.