easy · Corporate Credit Analysis

If a company has positive FCFF but negative FCFE, which of the following is most likely?

  1. The company's depreciation is higher than its capital expenditures.
  2. The company is using all its operating cash flow and more to pay down debt or pay interest.
  3. The company is growing its revenue at an unsustainable rate.
  4. The company is generating so much cash it doesn't know how to spend it.

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