2017 2018 2019 2020 2021-JAN TTM - 2021-DEC EBITDA 2124 3409 4066 3227 5819 9759 Net working capital change -679 185 -857 717 -703 -2594 Capital expenditures -176 -593 -600 -489 -1128 -986 Mandatory debt payments -673 -812 -16 0 0 -1000 NVIDIA Levered Free Cash Flow 596 2189 259...
For the levered DCF, the relevant projected cash flow is the free cash flow to equity (FCFE), which represents the residual cash flows left over after payments to non-equity stakeholders, namely debt providers, are deducted. Free Cash Flow to Equity (FCFE) Formula FCFE = Net Income + D&A...
For the levered DCF, the relevant projected cash flow is thefree cash flow to equity (FCFE), which represents the residual cash flows left over after payments to non-equitystakeholders, namely debt providers, are deducted. Free Cash Flow to Equity (FCFE) Formula FCFE = Net Income + D&A –...