I would like to view Levered Free Cash Flow per share on the Fundamental Charts. What would be the best formula to accomplish data, using the available licensed data?
As per Investopedia, “Levered Free Cash Flow is the free cash flow that remains after a company has paid its obligations on its debt. The levered cash flow represents the amount of cash left over for stockholders and for investment after all obligations are covered. The levered cash flow can be negative while the operating cash flow is positive if the amount of cash paid to cover obligations exceeds the cash that comes from operations.”
I found this formula, but couldn’t build in portfolio123:
(EBIT + Interest Expense) * (1 – Tax Rate) + Depreciation & Amort., Total + Other Amortization + Capital Expenditure + Sale (Purchase) of Intangible assets - Change in Net Working Capital + Pref. Dividends Paid + Total Debt Repaid + Total Debt Issued + Repurchase of Preferred + Issuance of Preferred Stock.
This figure is a normalized item that excludes non-recurring items and also takes into consideration cash inflows from financing activities such as debt or preferred stock issuances. It is a more accurate reflection of the company’s financial health, as it includes all outstanding commitments. If the resultant figure is negative, the company’s expenditure is greater than its income, meaning that it is not making an overall profit.
Any help would be greatly appreciated.
Rod