FCF to firm / FCF to equity / Unlevered FCF / Levered FCF
Hello ! I was wondering the difference between FCF to firm / FCF to equity / Unlevered FCF / Levered FCF .
I know Unlevered FCF = EBITDA - Taxes - Changes in Working Cap - Capex
and Levered FCF is the same but you take out the interests this time.
But what about FCF to Firm and FCF to Equity? How do these two differ?