LENDER-SIDE EXECUTION ANALYSIS

Earnings Breakpoint Analysis

A written operator-side assessment of where the hire cash flow behind a maritime loan structurally fails under defined execution conditions — before the deterioration appears in the DSCR.

For maritime private credit, funds and lessors. Pre-deal or watchlist. Written-only.

EBA does not predict whether these conditions will occur.

Submit an EBA request
THE GAP

Maritime credit covers the iron and the paper. Rarely the charter.

Maritime credit teams typically cover two of the relevant layers: the asset through technical survey and the borrower through credit analysis.

The remaining layer is the execution structure of the charter generating the hire behind debt service.

EBA examines that layer structurally under defined execution conditions.

SCOPE

What Earnings Breakpoint Analysis reads.

OUTPUT

A written assessment for one facility or name.

The deliverable is an Earnings Breakpoint Analysis Report covering findings specific to the charter or facility, the defined execution conditions under which hire cash flow structurally fails, and the resulting consequence for debt service.

It is not credit analysis, a technical survey or a legal opinion.

It addresses the operational execution layer between them.

EBA does not predict whether the defined conditions will occur.

ECONOMICS

Priced against the exposure, not the hours.

A single impaired name can create exposure far beyond the cost of a written structural assessment.

EBA pricing is tied to the exposure being examined rather than analyst hours.

FEES

Fees.

Single-name read

One charter or one watchlist name.

from USD 4,000
Facility / portfolio read

Charter + counterparty + documentary chain + structural cash-flow failure points across one facility or multiple names.

from USD 12,000

Written-only. Scope and fee agreed in writing before work begins.

BOUNDARIES

What EBA does not do.

Not credit analysis

No rating, DSCR modelling or credit decision.

Not a forecast

EBA does not predict whether the defined execution conditions will occur or how a counterparty will behave.

Not a survey

No assessment of physical asset condition.

Not legal advice

No enforceability opinion.

Written-only

No calls or workshops as the delivery mechanism.

FAQ

Frequently asked questions

What does EBA assess?
Where hire cash flow behind a maritime loan structurally fails under defined execution conditions.
How is it different from credit analysis or a technical survey?
Credit analysis addresses borrower and facility credit characteristics. A technical survey addresses the asset. EBA addresses the structural execution layer of the charter-generated hire cash flow.
Does EBA predict charter performance?
No. EBA does not predict whether the defined execution conditions will occur.
When is EBA used?
Pre-deal or for a watchlist name.
What does the buyer receive?
A written Earnings Breakpoint Analysis Report for the relevant charter, name or facility.
How much does it cost?
Single-name read from USD 4,000.
Facility / portfolio read from USD 12,000.
How is it delivered?
Written-only.
EBA REQUEST

Earnings Breakpoint Analysis request

Do not submit confidential transaction information at this stage.

Submitted information is used only to assess and respond to this request.

Prefer email?
[email protected]

EBA request received. You will receive a written response.