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Funding Cost & WACC

Analyzes how interest expense, implicit guarantees, and non-market funding structures distort WACC assumptions, complicating risk attribution and valuation across emerging and ASEAN markets.

Funding Cost & WACC

+4

Another roadblock:Interest Expense

Dec 23, 2025

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3 min read

Another roadblock:Interest Expense

Why WACC breaks before financial modeling begins

Dai Kadomae
Dai Kadomae

Funding Cost & WACC

+4

Why I deliberately exclude CAPEX and working capital assumptions

Dec 22, 2025

•

3 min read

Why I deliberately exclude CAPEX and working capital assumptions

Why management-driven decisions do not belong in cross-border valuation.

Dai Kadomae
Dai Kadomae

GARYO FINANCE Insights

Financial visibility → investor-ready decisions.
For ASEAN dealmakers, CFOs, and investors.

Dai Kadomae, CFA, CPA
ASEAN Deal Advisory | M&A, IPO, Fundraising, Valuation | Ex-CFO & Citi Investment Banker | Op-ed Contributor (Nikkei, Bangkok Post, Asia Times, The Business Times Singapore)

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