Registered User
Joined: 11/9/2004
Posts: 19
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into fundamental anaysis as well as technical
Can someone give me a good definition of operating cash flow vs levered cash flow.
Specific - Walgreen's has no debt yet a levered cas flow - Xom has little debt but a high levered cash flow
Rob
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Registered User
Joined: 1/12/2006
Posts: 296
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Free Cash Flow (FCF) = how much cash a company has after taking care of all expenses (company profits plus depreciation minus capital expenditures).
Some also refer to FCF as a yield, where it could use FCF to pay dividends without impairing future growth. They then compare to SP500 yield (just below 2%) and Bond yields (just below 5%).
I am not familiar with levered cash flow.
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