Sentences with phrase «amortization less capital»
Free Cash Flow: Is equal to the after - tax net income of a company plus depreciation and amortization less capital expenditures.
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Knowing that intangibles often have value, I looked for the gap that should exist between free cash flow (earnings, less depreciation, amortization, and capital expenditure) and earnings, and more often than not, it was not there.
Knowledge of amortization of capital and wise resource allocation is often more scarce in less developed countries than engineering knowledge.