CFADS vs. FCFF
Is there a difference between CFADS (cash flow available for debt service) and FCFF (unlevered free cash flow)? They are both pre-interest and post-tax, NWC, capex etc. so trying to work out if they are actually the same thing or not.
Is there a difference between CFADS (cash flow available for debt service) and FCFF (unlevered free cash flow)? They are both pre-interest and post-tax, NWC, capex etc. so trying to work out if they are actually the same thing or not.
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