Check your model

Catch the before they do.

Tripwire DX scans your Excel model in your browser and flags common submission risks: formula errors, broken links, hidden sheets, and inconsistent formulas. Fix them before you hand it in.

Your file never leaves your browser.

Check your model

Open sample report?

This opens a synthetic example report so you can explore how Tripwire DX presents findings. No workbook will be analyzed.

Example output

$ Tripwire DX check sample_model.xlsx

analyzed locally · no upload

4 sheets · 1,872 formulas

  • CriticalP&L!G42
    #REF! formula error
  • ReviewDebt!K12
    formula pattern break
  • ReviewRev!F8
    hardcode in formula block
  • ReviewModel!C4
    external workbook link
  • Review(workbook)
    1 very-hidden sheet
  • InfoAssumptions
    3 volatile functions
SUMMARY1 critical · 4 review · 1 info

report ready · exact cells and next actions

What Tripwire DX checks

Nine core workbook checks run across every model type. DCF adds three targeted checks, for twelve base checks. Three-statement adds two, for eleven base checks. Integrated combines both specialized sets, for fourteen base checks.

Core workbook checks · 9

Formula errors

Cells showing #REF!, #DIV/0!, #VALUE!, and other error values a reviewer would see immediately.

Critical

Formulas that point at another workbook. Links like this often break once the file leaves your machine.

Review

Hidden sheets

Sheets tucked out of view, including ones set to very-hidden, which a reader can't unhide from Excel's normal menu.

Review

Volatile and hard-to-trace functions

NOW(), RAND(), INDIRECT(), OFFSET(), and similar functions. They're flagged so you know they're there, not because using them is wrong.

Review

Inconsistent formulas

A cell in a row or column of formulas whose shape doesn't match the pattern around it. Often a copy-paste slip.

Review

Hardcoded numbers in formula blocks

A typed-in number inside a formula-driven row or column pattern. Review whether the hardcode is intentional.

Review

Gaps in a formula series

Flags a blank cell between formula cells so you can review whether the gap is intentional.

Review

Iterative calculation

Workbooks with iterative calculation switched on. This usually means there is an intentional circular reference, so it is disclosed for the reader.

Review

Out-of-view formulas or numbers

Formulas or numbers on visible sheets that sit in rows or columns a reader cannot currently see.

Review

Deep Scan

Optional stricter deterministic checks for repeated constants inside formulas, numbers stored as text, percentage scale inconsistencies, and formulas inside numeric input series.

Review

Model-specific checks

Specialized checks apply only when that model type is selected and the required structure is supported.

DCF-specific checks · 3

Terminal growth versus WACC

Checks the terminal-growth and WACC relationship for supported growing-perpetuity structures.

Review
Enterprise value subtotal

Checks whether enterprise value matches the discounted forecast plus terminal value in a supported DCF stack.

Review
Enterprise-to-equity bridge

Checks whether equity value matches enterprise value combined with the local less-net-debt line.

Review

Three-statement checks · 2

Balance Sheet equation

Checks whether identified Total Assets and Total Liabilities and Equity totals match.

Review
Supported statement linkages

Checks selected supported links across the statements, including net income, depreciation, PP&E, inventory, long-term debt, and ending cash.

Review

What Tripwire DX does not do

Honesty is part of the product. Here is exactly where it stops.

  • It does not confirm your numbers, logic, or assumptions are right.

    It flags risks worth a second look. It does not clear a model.

  • It does not give financial or valuation opinions of any kind.

  • It can't see errors hidden inside IFERROR (or similar).

    Those are invisible by design.

  • It can't tell whether an assumption or input is reasonable.

  • It only reads .xlsx.

    No .xls, no .xlsm macros, no .csv, and no Google Sheets links in this version.

  • No accounts, no saved history.

    Close the tab and everything is gone.

Tripwire DX is a pre-submission quality check, not a review of whether your model is right. You remain responsible for the contents of your model.

What a report looks like

An illustrative example, not a real scan. Every report you generate is built from your own file. Reports also include X-Ray views for Structure and Worksheet context, with navigation from findings into the worksheet.

example_model.xlsx

General model · Report generated locally

1Critical0High5Review1Info
  • Critical

    DCF!G42

    This cell shows an error value (#REF!). A reviewer will see it too.

    Check next

    Trace the formula back to what broke.
  • Review

    Revenue!F18

    This cell's formula has a different shape from the others in the same row (F16:M16).

    Check next

    Compare with its neighbors in F16:M16.
  • Review

    Assumptions!C9

    This formula points to another workbook ('Q3_backup.xlsx'). Links like this often break for whoever opens the file next.

    Check next

    Decide whether the link is kept on purpose.

Exact location

Specific sheet and cell.

Clear finding

Plain English, not jargon.

Actionable

What to check next.

Local & private

Your file never leaves your browser.

Your file never leaves your browser. Tripwire DX never sends the file, its name, or its contents to a server.

Frequently asked questions

Ready to check your model?

Drop an .xlsx file at /check. Nothing leaves your browser.

Check your model
Tripwire DX | Excel Financial Model Checker