Accretion Dilution Tester

⚠️ **Finance warning / Avertissement finance** : informational only, not investment advice. An accretion figure is an output of assumptions, not evidence that a deal creates value: leverage and synergies that fail to arrive can turn an accretive deal into a loss, there is a real risk of loss in any acquisition, and no number here is a promise of return. Curated by Skill Harbor: the accretion and dilution tester skill at the root of andreworia/claude-finance-skills. Use it when pricing a transaction with a public company acquirer, framing a stock versus cash consideration mix, or stress testing investment committee and board materials. The governing principle is stated up front: synergies decide the deal, financing decides the day one math, and the deck usually shows only the punchline, so this method exposes all three. It works through the five mechanics that actually move EPS: purchase price and structure, financing mix, synergies and dis-synergies, tax, and share count with intangible amortization. The workflow locks the transaction structure and a labelled sources and uses table first, applies realistic financing costs at the marginal cost of new issuance rather than the average cost of existing debt, builds a synergy schedule with type, magnitude, phasing (the standard pattern is 25, 50 and 100 percent across years one to three), cost to achieve and dis-synergies, models the tax mechanics (cash tax rates, NOL use, the debt tax shield, intangible deductibility), builds the amortization drag from the intangible step up, computes the diluted share count carefully, runs the math year by year, sensitizes the inputs that actually move the answer, and closes with the credit and capital allocation implications. The deliverable is a sensitivity table showing the path from what you believe to what would have to be true, plus a written paragraph on where the deal lives inside it. From the andreworia/claude-finance-skills repository (MIT). Honest caveats: every input, from the offer price and synergy run rate to the financing spreads, is yours to supply and to verify against current market data; the skill produces analysis in prose, not a live spreadsheet. Skill Harbor never reviews the code, review it yourself before use.