Free Cash Flow for the Firm

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Free Cash Flow for the Firm

A measure of a firm's cash on hand. It is calculated by taking the firm's operating cash flow and subtracting expenses, taxes, and changes to net working capital and investments. It is a way of calculating profit, among many others, to determine a company's financial health. A positive FCFF indicates that the company has raised more than enough revenue to cover its costs, while a negative FCFF indicates the opposite.
References in periodicals archive ?
Scrutiny of the results suggests that overall FCFF varied insignificantly at the three year post listing point from the position which had been exhibited in the year prior to listing.
For Nelson, Saturday's fight will be only his second for the FCFF since returning to the sport last October.
We expect FCFF to remain positive in our forecast period (2012-20E), and Transneft should enjoy high free cash flows to equity (FCFE), creating the opportunity to pay higher dividends.