The amount of excess unencumbered cash flow left over after a company has invested to both maintain its assets. The most creative person in the world could not come up with another use of free cash flow. Some people say, whell, you can use your free cash flow to invest in research and development. Incorrect, incorrect. You have already invested in research anddevelopment through the income statement to get net income. And then remember, net income the bottom line of the income statement. Net income became the top line of the cash flow statement.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode