free cash flows

简明释义

活动现金流

英英释义

例句

1.The board decided to reinvest the free cash flows into new projects to drive future growth.

董事会决定将自由现金流再投资于新项目以推动未来增长。

2.A positive trend in free cash flows can indicate that a company is generating more cash than it needs for operations.

在自由现金流方面的积极趋势可能表明公司产生的现金超过了运营所需。

3.Share buybacks are often funded through free cash flows to return value to shareholders.

股票回购通常通过自由现金流进行，以回馈股东价值。

4.During the earnings call, the CEO highlighted the increase in free cash flows as a key achievement for the quarter.

在财报电话会议上，首席执行官强调了自由现金流的增加是本季度的一个关键成就。

5.Investors often look at a company's free cash flows to assess its financial health.

投资者通常会查看公司的自由现金流来评估其财务健康状况。

作文

In the world of finance and investment, understanding the concept of free cash flows is crucial for both investors and business managers. Free cash flows refer to the cash generated by a company's operations that is available for distribution to its shareholders after all necessary capital expenditures have been made. This metric is vital as it indicates how efficiently a company generates cash and can be used to pay dividends, buy back shares, or reinvest in the business. The calculation of free cash flows starts with the company's operating cash flow, which is derived from the cash generated from its core business activities. From this figure, we subtract capital expenditures, which are the funds used to acquire or upgrade physical assets such as property, plants, and equipment. The resulting figure gives us the free cash flows, which can be seen as a measure of financial flexibility. One of the primary reasons why free cash flows are so important is that they provide a clearer picture of a company's financial health than earnings alone. While net income can be influenced by accounting practices and non-cash items, free cash flows focus solely on actual cash generation. Investors often look at free cash flows when evaluating a company's ability to sustain its operations and grow over time. A company with strong and consistent free cash flows is often considered more attractive because it suggests that the company can weather economic downturns and invest in future growth opportunities. Moreover, free cash flows are essential for assessing the valuation of a company. Many valuation models, including discounted cash flow (DCF) analysis, rely heavily on projections of free cash flows. By estimating future free cash flows and discounting them back to their present value, investors can determine whether a stock is undervalued or overvalued based on its current market price. However, it is also essential to recognize that not all companies generate free cash flows consistently. Startups and companies in high-growth phases may reinvest most of their cash into expanding their operations, leading to negative free cash flows. While this might raise concerns among conservative investors, others may view it as a positive sign of growth potential. Therefore, analyzing free cash flows in conjunction with other financial metrics is vital for making informed investment decisions. In conclusion, free cash flows serve as a critical indicator of a company's financial performance and operational efficiency. They provide insight into how much cash is available for distribution to shareholders and can significantly influence investment decisions. Understanding free cash flows allows investors to make better assessments of a company's value and its ability to generate returns. As such, mastering the concept of free cash flows is essential for anyone looking to navigate the complex world of finance successfully.

在金融和投资的世界中，理解“自由现金流”这一概念对投资者和企业管理者来说至关重要。“自由现金流”是指公司运营所产生的可用于分配给股东的现金，在扣除所有必要的资本支出后。这一指标至关重要，因为它表明了公司生成现金的效率，并可以用于支付股息、回购股票或再投资于业务。“自由现金流”的计算始于公司的经营现金流，这是从其核心业务活动中产生的现金。然后从这个数字中减去资本支出，即用于购买或升级物业、工厂和设备等实物资产的资金。得出的数字就是“自由现金流”，可以看作是财务灵活性的衡量标准。“自由现金流”如此重要的主要原因之一是，它提供了比仅仅依靠收益更清晰的公司财务健康状况的图景。虽然净收入可能受到会计实践和非现金项目的影响，但“自由现金流”专注于实际的现金生成。投资者通常在评估公司维持运营和长期增长的能力时，会关注“自由现金流”。拥有强劲且持续的“自由现金流”的公司通常被认为更具吸引力，因为这表明公司能够抵御经济衰退并投资于未来的增长机会。此外，“自由现金流”对于评估公司的估值也至关重要。许多估值模型，包括折现现金流（DCF）分析，极大地依赖于对“自由现金流”的预测。通过估算未来的“自由现金流”并将其折现到现值，投资者可以确定根据当前市场价格，股票是否被低估或高估。然而，也必须认识到，并非所有公司都能持续产生“自由现金流”。初创公司和处于高速增长阶段的公司可能会将大部分现金再投资于扩展其运营，从而导致负的“自由现金流”。虽然这可能会引发保守投资者的担忧，但其他人可能会将其视为增长潜力的积极信号。因此，将“自由现金流”与其他财务指标结合分析，对于做出明智的投资决策至关重要。总之，“自由现金流”作为公司财务表现和运营效率的关键指标，提供了有关可供分配给股东的现金数量的见解，并可能显著影响投资决策。理解“自由现金流”使投资者能够更好地评估公司的价值及其产生回报的能力。因此，掌握“自由现金流”这一概念对于任何希望成功应对复杂金融世界的人来说都是必不可少的。