Skip to content
Dictionary by pitch.dog
Cash flow & liquidity · Working

Levered free cash flow

Also called: LFCF

ELI5

Cash flow after specified debt service and financing effects.

Used in conversation

“Compare levered free cash flow with the same cohort and period before drawing a conclusion.”

Pitch context

You will see “Levered free cash flow” in financial models, budgets, board packs and investor materials when the discussion reaches cash flow & liquidity.

Why it matters: In cash flow & liquidity, different calculation boundaries, periods or accounting treatments can change the number and the decision.

Caution

Calculation, recognition and disclosure can vary by accounting framework, company policy and reporting context.

When the words have to travel

Need an investor or company deck?

Bring the business, the evidence or the half-formed ask. We help it travel beyond the spreadsheet.

See how pitch.dog can help
Sources & evidence · 4

Direct term-level sources and supporting source families.