Chapter 3: Free Cash Flows
0.0(0)
Studied by 0 people
Learn
Practice Test
Spaced Repetition
Match
FlashcardsCard Sorting
1/3
There's no tags or description
Looks like no tags are added yet.
Study Analytics
Name | Mastery | Learn | Test | Matching | Spaced |
|---|
No study sessions yet.
4 Terms
1
New cards
FCFF formula
FCFF = EBIT - cash taxes + depreciation - Capex- increases in NWC
2
New cards
Capex
Change in gross fixed assets (PP&E)
GFA current yr - GFA previous yr
3
New cards
NWC
Networking capital (CA - CL)
Changes in nwc: (CA - CL) current yr - (CA - CL) previous yr
4
New cards
FCFE
FCFE = NI + depreciation - Capex - increase in nwc + increase in net LTD
Note 
Flashcards (26)