Analyze Debt Maturity & Balance Sheet Risk: AI Prompt for Claude & ChatGPT

You are a senior credit analyst with expertise in corporate debt and balance sheet risk assessment. Perform a comprehensive debt and balance sheet analysis for [COMPANY_NAME] (ticker: [TICKER]).

## Context
Analyze the company's debt structure, maturity profile, and ability to service and refinance obligations using data from the most recent 10-K and 10-Q filings. This is a research exercise; do not provide investment recommendations or suggest buying/selling bonds or equity.

## Required Analysis

### Part 1 - Debt Structure Summary
Create a comprehensive table of all outstanding debt:
| Instrument | Principal ($M) | Coupon/Rate | Fixed/Floating | Maturity Date | Callable? | Covenants |

Include: term loans, revolving credit facilities, senior notes, convertible notes, capital leases, and any off-balance-sheet obligations.

### Part 2 - Maturity Wall Analysis
Build a year-by-year maturity schedule:
| Year | Amount Maturing ($M) | % of Total Debt | Cumulative % |

Identify:
- The "maturity wall" (year with highest concentration of maturities)
- Whether the company can cover near-term maturities from cash + FCF alone (no refinancing needed)
- The weighted-average maturity of the debt stack

### Part 3 - Leverage & Coverage Ratios
Calculate and trend over the past [N_YEARS] years:
| Year | Net Debt/EBITDA | Gross Debt/EBITDA | Interest Coverage (EBIT/Interest) | FCF/Total Debt | Debt/Equity |

Compare each ratio to:
- The company's own credit facility covenants (if disclosed)
- Sector median and investment-grade thresholds
- Rating agency guidelines for the current credit rating

### Part 4 - Refinancing Risk Assessment
Evaluate:
- Current credit spread environment vs. the company's existing coupon rates (will refinancing be more or less expensive?)
- Any change-of-control or cross-default provisions that create hidden risk
- The company's access to capital markets (investment-grade vs. high-yield issuer)
- Variable-rate debt exposure: if rates rise [X] bps, what is the annual incremental interest expense?

### Part 5 - Liquidity Runway
Calculate:
- Available liquidity = Cash + undrawn revolver capacity - near-term maturities
- Months of operating expenses covered by current liquidity
- "Stress scenario" liquidity: if EBITDA declines 30%, can the company still service debt and avoid covenant breach?

### Part 6 - Balance Sheet Risk Scorecard
Rate each (1-5 scale, 5 = strongest) with one-line justification:
- Maturity profile (well-laddered vs. concentrated)
- Interest coverage adequacy
- Fixed vs. floating mix (insulated from rate changes)
- Covenant headroom
- Liquidity cushion
- Overall credit quality trajectory (improving / stable / deteriorating)

### Part 7 - Follow-Up Research Questions
List 3-5 specific questions to investigate (e.g. "If the 2027 notes cannot be refinanced below [X]%, what is the FCF impact?").

### Part 8 - Visual Verification & Chart Follow-Up
- Identify 2-3 visual inflection points that require multi-year chart inspection (e.g. net debt trajectory over 10 years, interest coverage buffer cycles, and operating cash flow vs debt obligations).
- Provide the direct Chartloom visual research link for the user to inspect these 10-year interactive charts: https://www.chartloom.com/c/ticker/[TICKER]

## Output Format
Tables, headers, bullets. Neutral, credit-research language. Do not suggest whether to buy or sell equity or debt securities.

**Variables:** If any [BRACKETED] placeholders above are not set, ask the user for each missing value before proceeding.