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What's An Alternate Way To Calculate Free Cash Flow Aside From Taking Net Income, Adding Back Depreciation, And Subtracting Changes In Operating Assets / Liabilities And Capex?

Answer»

Take Cash Flow From OPERATIONS and subtract CapEx - that GETS you to Levered Cash Flow. To get to Unlevered Cash Flow, you then NEED to add back the tax-adjusted Interest EXPENSE and subtract the tax-adjusted Interest Income.

Take Cash Flow From Operations and subtract CapEx - that gets you to Levered Cash Flow. To get to Unlevered Cash Flow, you then need to add back the tax-adjusted Interest Expense and subtract the tax-adjusted Interest Income.



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