Discover what discretionary cash flow is, its uses in business valuation, and how it reflects a company’s financial health through wise management and investment.

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

FCF measures cash available after operational and capital expenditures, crucial for firm's liquidity. Chevron and Nike examples show FCF utility across industries with diverse business models.

Unlevered Free Cash Flow (UFCF) is a vital financial metric that measures the cash a company generates before accounting for interest payments on its debt. Unlike traditional cash flow calculations, ...