Limited balance sheet information is requested on the Set Parameters tab in the report generation sequence. Valer requires the user to enter certain basic capital structure information to calculate weighted average cost of capital and to be able to bridge from implied enterprise values to implied equity values.
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An implicit forecast of the projected unlevered balance sheet is arguably required to fill out the Input Financials tab, but to avoid wasting time on unnecessary inputs, Valer does not require the user to upload projected balance sheet information covering items like working capital, net PP&E, etc.