Monthly Archives: June 2014

What is Free Cash Flow?

Large Pile Of Dollar Bills

When I was growing up, my grandfather would get me confused with my cousin Tim – so quite frequently, Tim would be called Michael and I would be called Tim. We were quite different but similar enough that we would be confused with each other. In the same way, often times in a conversation about shareholder value or cash flow, free cash flow will get confused with EBITDA although they are quite different and important to understand.…

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