由此得到的这一“净”指标可被称为自由现金流,它们是可用于支付利息、股息或收购款项的流动资金。
This net figure might be called free cash flow. They are the liquid funds available for interest, dividends or acquisitions.
现金流是一个比收益更好的衡量利润的指标,因为在银行存款数目上造假比在另一些计入收益的数目,如折旧表上造假要难。
Cash flow is a better profit measure than earnings because it's harder to finagle bank balances than Numbers like depreciation schedules that figure into earnings.
比如,一旦公司的财务指标满足某种标准,如现金流为正,就允许创始人在二级市场出售约2%的股份。
For example, letting founders sell 2% or so of their shares on a secondary market once the company hits some sort of financial milestone like cash-flow positive.
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