RULE #1 QUESTION OF THE WEEK: LEVERED FREE CASH FLOW
Phil Town This week's Question is from Greg in Lancaster, PA:
Q: Yahoo reports "levered free cash flow". What exactly does this mean? Thanks.
A: It's what's left of free cash flow after the business pays the interest on debt and any dividends to preferred shareholders.
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Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces.
He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil's goal is to help you learn how to invest and achieve financial independence.
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