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Free Cash Flow Formula

\( FCF \;=\; NI +  NCC -  WC - CapEx \)
Symbol
\( FCF \) = free cash flow
\( CapEx \) = capital expenditure
\( WC \) = change in working capitol
\( NI \) = net income
\( NCC \) = non-cash charges

Free cash flow, abbreviated as FCF, is how much cash a business generates after capitol expenditures during a given period of time. 

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