TUTORIALS

Ministry of Modelling

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LEARNING / TUTORIALS

Tutorials

Project Return

Learn how to calculate the Project Return correctly, avoid common mistakes, and, most importantly, understand the role of gearing in this unlevered calculation! The Project Return, also known as the Unlevered Return, is a fundamental metric used to evaluate the time-based profitability of an investment in a way that enables comparison and benchmarking of project investments—almost independent of capital structure.

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Loan Life Coverage Ratio

The Loan Life Coverage Ratio (LLCR) calculation with this in-depth guide. Learn how to accurately assess debt coverage and avoid common errors in this critical project finance metric. The LLCR is a key ratio used to evaluate a project's ability to service a loan over its tenor, providing a clear benchmark for lenders and investors. This tutorial will help you understand the LLCR’s role in risk assessment, financial structuring, and investment comparison—ensuring you make informed decisions in project finance. One of our most requested topics!

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