![]() First, as you will see I am not the fastest revolver reloader. I was the only tester involved, so all the results here are based on my performance alone. There is some inherent bias in this test. This was far from a perfect test, however. Variant, Safariland Comp I/II/III, and Speed Beez. The speedloaders I tested were (in alphabetical order): 5-Star L6-357, CKT Ripcord, HKS, JetLoader, Pachmayr Aluminum Competition, Revision CV Ammo Pod (added 24 January 2020), S.L. Though I have some biases against particular models I didn’t want to leave anything out and I tried to be as objective as possible. I attempted to capture a good sample size of reloads with each speedloader.Īdditionally, I tried to test as many speedloaders as possible. As you will see, I attempted to standardize equipment and technique to the extent possible to minimize variables. Of course a “speed” test is included, but there are also factors like availability and size that come into play in the real world. I tried my best to take all the factors of a speedloader into account. Part I: The Best Revolver speedloader Test Part III contains some discussion and some conclusions I gathered while conducting and writing this evaluation. Part II is the results of the test, organized by loader. Part I is an explanation of the test criteria. I’m sure it’s not completely comprehensive (I’m certain someone will immediately spot a loader I missed or a test I should have performed) but I am equally sure it will still be useful to someone.ĭue to its ridiculous length, this article is broken into three parts. Conducting this test took quite some time, both in time spent on the range, and overall time to put this together. Finding the time and the appropriate space to run this test took some time, as did deciding exactly what the test would consist of. I set out to answer this question over two years ago. Today I’m going to attempt to add some objectivity to the question, “what is the best revolver speedloader?” I will admit that a lot of our speedloader reviews have been shaped by my personal preferences and bias. I sent you a PM.We have been reviewing – or at least examining – speedloaders here since RevolverGuy’s very beginning. I think it's also very helpful to have separate schedules for important items, such as for the revolver, for the retained earnings account, etc. If the statement of cash flows is driven entirely by formulas connecting it to the IS/ BS, you will never have an issue where things don't balance. In general you need to get rid of anything hard coded, everything should be driven by formulas in the forecast years. So your balance sheet doesn't balance for the historical period if you use the numbers you actually have there - so that is def causing problems going forward. But this is a hardcoded number actually adding up your "total liabilities" and "total equity" accounts for 2013 gives $1,066,797 million. You have total liabilities + equity = $959M in 2013, equal to total assets. Then this is actually your biggest issue (as to why things don't balance) I think: I don't know whats going on with the historical data, but something is up. For unearned revenue, the item on the SCF is not considering the change in non-current unearned revenue. Then with the capital leases I'm not sure how the $10,000 number under financing cash flows connects with what is going on on the balance sheet, seems like it doesn't. Then you have "Amortization of deferred costs" on the CF statement every year as if you are amortizing on a SL basis over 10-years, but the balance sheet items stay constant over the whole time period. Although this isn't actually affecting articulation because your BS and SCF agree on the revolver going down by $215M to -$107M. The several things I noticed: biggest issue is the revolver which you have flip flopping between positive/negative values. Check out our 15% off discount to Wall Street Prep's Financial Modeling Courses. Sign up for our financial modeling training course to learn all this and more. To get to the menu option: Alt + T + O then go to Formulas, check iterative calculations and set to 100 If you are encountering circular references when building out your model - you should go to options and make sure that iterative calculations are turned on. ![]() You can also view a separate thread on this topic. Try it and you'll see you cash balance will always equal that min cash balance plug. This will ensure you have your minimum cash balance and the revolver draws and pays down around this balance. If it's a surplus, you can sweep it or let it accumulate as a cash balance. ![]() (-) Min cash balance (plug here or in your assumptions page)įrom here, if this is negative, you get your revolver to auto draw the shortfall. (-) Mandatory Repayments (revolver isn't mandatory, only Term Loan amortizations / maturities) ![]()
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