Depreciation and Amortization doesn't match between adjusted EBITDA and cash flow
Hi all,
I was just looking at the financials of a public equity and saw that their addbacks of D&A to adjusted EBITDA doesn't match the D&A in cash flow statement and there is no explanation about it, no foot notes or anything related. It happens single every year. I was modeling the company and found stuck of how to calculate the UFCF and LFCF.
Do you know the possible explanations here?
I appreciate your help.
Since it's public mind dropping the name? Depending on industry adj. EBITDA may be net of straight rent, some type of same-store/non-core revenue, or random top-line adjustments
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