Ungeared cash flow

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Revision as of 11:06, 14 April 2015 by imported>Doug Williamson (Add short-form presentation.)
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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.)


For a steady state business, a quick estimate of it would be:

Profit before interest and tax x (1 - corporate tax rate)

( PBIT x (1 - T) )


See also