A note from Sary

Many investors use a metric called "free cash flow" when evaluating companies. This metric comes from the Cash Flow Statement: it's the amount of cash a business collects from operations minus cash spent for capital equipment and assets, which are necessary to keep the company operating: The higher a company's fiee cash flow, the better it means the business doesn't have to keep investing huge amounts of Capitat in order to continue bringing in money.

Sary The Personal MBA, page 177 · October 30, 2023 Save to shelf
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