Balance sheet calculations
Tuesday, August 11th, 2009Free Cash Flow ("FCF") = Cash from Operations - Capital Expenditures. (or see Morningstar 10 year cash flows) Cash Return on Invested Capital ("CROIC") = FCF / (Total Equities + Total Liabilities - Current Liabilities) Inventory Turn = Cost of Goods Sold ("COGS") / [(beginning inventory + ending inventory) /2]. (or see ...