Ungeared cash flow: Difference between revisions
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imported>Doug Williamson (Categorise page.) |
imported>Doug Williamson (Add PBIT x (1- T)) |
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The recalculated cash flow from a firm or a project, assuming that it was all-equity financed. (Regardless of the actual or proposed capital structure.) | The recalculated cash flow from a firm or a project, assuming that it was all-equity financed. (Regardless of the actual or proposed capital structure.) | ||
A quick estimate of it would be: | |||
Profit before interest and tax x (1 - tax rate) | |||
== See also == | == See also == | ||
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* [[Gearing]] | * [[Gearing]] | ||
[[Category:Corporate_finance]] | [[Category:Corporate_finance]] | ||
Revision as of 09:58, 14 April 2015
The recalculated cash flow from a firm or a project, assuming that it was all-equity financed. (Regardless of the actual or proposed capital structure.)
A quick estimate of it would be:
Profit before interest and tax x (1 - tax rate)
