As free cash flow is not a measure calculated in accordance with GAAP, free cash flow should not be considered in isolation of, or as a substitute for, either net cash flow
provided by (used for) operating activities as a measure of liquidity or net earnings as a measure of operating performance.
At the time of the acquisition, the property had a net cash flow
, before capital improvements of $476,000, yielding the investors a cash on cash return of 9.
2], another second stage issue is the aggregation level where net cash flows
This assumes the increase in net cash flow
continues for 4 years.
Under this income approach, you forecast the net cash flow
available for distribution to common shareholders and discount it to present value.
Net cash flow
provided by operating activities less distributions to noncontrolling interests in a range of $90.
The Net Cash Flow
is equal to the rent received, less the maintenance and share-loan payments, if any.
The indirect method starts with net income and adjusts it for revenue and expense items that were not the result of operating cash transactions in the current period, to reconcile it to net cash flow
from operating activities.
As free cash flow is not a measure of performance calculated in accordance with GAAP, free cash flow should not be considered in isolation of, or as a substitute for, net earnings as an indicator of operating performance or net cash flow
provided by operating activities as a measure of liquidity.
The debt service coverage ratios (DSCR) for the loans are calculated based on a Fitch adjusted net cash flow
(NCF) and a stressed debt service based on the current loan balances and a hypothetical mortgage constant.
Net cash flow
provided by operating activities for the second quarter of 2003 was $6,363,000 as compared to $10,101,000 for the comparable 2002 period.
The Fitch stressed debt service coverage ratio (DSCR) for the loan is calculated based on a Fitch adjusted net cash flow
(NCF) and a stressed debt service based on the current loan balance and a hypothetical mortgage constant.