This issue discusses the impact of the COVID-19 pandemic on MTS appraisers and the opportunities that have arisen. It highlights the $1.2 trillion Bipartisan Infrastructure Framework and the potential for increased activity in MTS-relevant industries.
The equipment world has kept stride with technology, innovation and
design. This article focuses on Caterpillar technology products-Caterpillar has long
been a leader in bringing innovation to Cat products.
Without comparable sales, lenders rely on the income approach or Discounted Cash Flow (DCF) method. A vessel's intrinsic value is its ability to generate income over its economic lifetime. A DCF calculation can give you a value of that marine asset.
The development of life expectancy relies on actuarial techniques to describe equipment life characteristics. Statistical techniques and Iowa-type survivor curves can be used to develop estimates of equipment life expectancy.
