Free cash flow - Revision history

Doug: Add links.

2025-01-01T21:12:00Z

Add links.

← Older revision		Revision as of 21:12, 1 January 2025
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	Free cash flow normally disregards all cash flows to do with financing.		Free cash flow normally disregards all cash flows to do with financing.

			However, equity free cash flow (EFCF) does factor in cash flows associated with debt finance.


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	== See also ==		== See also ==
	* [[Capital expenditure]]		* [[Capital expenditure]]
			* [[Capital free cash flow]] (CFCF)
	*[[Cash]]		*[[Cash]]
	*[[Cash balance]]		*[[Cash balance]]
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	* [[Cashflow]]		* [[Cashflow]]
	* [[EBITDA]]		* [[EBITDA]]
			* [[Equity free cash flow]] (EFCF)
	* [[Working capital]]		* [[Working capital]]

	[[Category:~~Cash_management~~]]		[[Category:Accounting,_tax_and_regulation]]
	[[Category:~~Liquidity_management~~]]		[[Category:Corporate_finance]]

imported>Doug Williamson: Add links.

2022-07-18T22:54:17Z

Add links.

← Older revision		Revision as of 22:54, 18 July 2022
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	== See also ==		== See also ==
	* [[Capital expenditure]]		* [[Capital expenditure]]
			*[[Cash]]
			*[[Cash balance]]
			*[[Cash flow]]
	* [[Cash flow statement]]		* [[Cash flow statement]]
	* [[Cashflow]]		* [[Cashflow]]

imported>Doug Williamson: Remove surplus link.

2022-06-26T12:29:07Z

Remove surplus link.

← Older revision		Revision as of 12:29, 26 June 2022
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	* [[Cashflow]]		* [[Cashflow]]
	* [[EBITDA]]		* [[EBITDA]]
	* [[FCF]]
	* [[Working capital]]		* [[Working capital]]

	[[Category:Cash_management]]		[[Category:Cash_management]]
	[[Category:Liquidity_management]]		[[Category:Liquidity_management]]

imported>Doug Williamson: Add link.

2021-08-15T00:15:54Z

Add link.

← Older revision		Revision as of 00:15, 15 August 2021
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	* [[Cash flow statement]]		* [[Cash flow statement]]
	* [[Cashflow]]		* [[Cashflow]]
			* [[EBITDA]]
	* [[FCF]]		* [[FCF]]
	* [[Working capital]]		* [[Working capital]]

imported>Doug Williamson: Links ordering.

2021-08-10T14:15:45Z

Links ordering.

← Older revision		Revision as of 14:15, 10 August 2021
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	== See also ==		== See also ==
			* [[Capital expenditure]]
	* [[Cash flow statement]]		* [[Cash flow statement]]
	* [[Cashflow]]		* [[Cashflow]]
	* [[Capital expenditure]]
	* [[FCF]]		* [[FCF]]
	* [[Working capital]]		* [[Working capital]]

imported>Doug Williamson: Add link.

2021-08-10T14:15:16Z

Add link.

← Older revision		Revision as of 14:15, 10 August 2021
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	== See also ==		== See also ==
			* [[Cash flow statement]]
	* [[Cashflow]]		* [[Cashflow]]
	* [[Capital expenditure]]		* [[Capital expenditure]]

imported>Doug Williamson: Categorise.

2018-02-28T15:07:08Z

Categorise.

← Older revision		Revision as of 15:07, 28 February 2018
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	* [[FCF]]		* [[FCF]]
	* [[Working capital]]		* [[Working capital]]

			[[Category:Cash_management]]
			[[Category:Liquidity_management]]

imported>Doug Williamson: Add link.

2017-02-12T19:03:48Z

Add link.

← Older revision		Revision as of 19:03, 12 February 2017
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	* [[Capital expenditure]]		* [[Capital expenditure]]
	* [[FCF]]		* [[FCF]]
			* [[Working capital]]

imported>Doug Williamson: Amend to (1) Note that not all practitioners mean the same thing by Free cash flow; (2) Emphasise that it normally includes a DEDUCTION for net capex.

2014-08-28T12:04:44Z

Amend to (1) Note that not all practitioners mean the same thing by Free cash flow; (2) Emphasise that it normally includes a DEDUCTION for net capex.

← Older revision		Revision as of 12:04, 28 August 2014
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	The net figure obtained by deducting from cash generated by operations - or by an investment - that cash which has been absorbed by operations or by the investment.		The net figure obtained by deducting from cash generated by operations - or by an investment - that cash which has been absorbed by operations or by the investment.

	Free cash flow disregards all cash flows to do with financing.		Free cash flow normally disregards all cash flows to do with financing.


			A very important component of free cash flow is a deduction for net capital expenditure (capex).

			The capital base of any ongoing business must be maintained, in order for the business to be sustainable. The deduction for capex within the free cash flow calculation identifies and quantifies this essential cash outflow.


	== See also ==		== See also ==
	* [[Cashflow]]		* [[Cashflow]]
			* [[Capital expenditure]]
	* [[FCF]]		* [[FCF]]

imported>Doug Williamson: Spacing 27/8/13

2013-08-27T13:30:02Z

Spacing 27/8/13

← Older revision		Revision as of 13:30, 27 August 2013
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	(FCF). The net figure obtained by deducting from cash generated by operations - or by an investment - that cash which has been absorbed by operations or by the investment.		(FCF).

			The net figure obtained by deducting from cash generated by operations - or by an investment - that cash which has been absorbed by operations or by the investment.

	Free cash flow disregards all cash flows to do with financing.		Free cash flow disregards all cash flows to do with financing.


	== See also ==		== See also ==
	* [[Cashflow]]		* [[Cashflow]]
	* [[FCF]]		* [[FCF]]