[Verse 1] Three buckets hold your company's flow Operating first, where the main business goes Day to day transactions, revenue and cost Without these flows, your business is lost Investing second, buying assets to grow Selling equipment, watch the money flow Financing third, debt and equity dance Dividends paid, give investors their chance [Chorus] O-I-F, Operating Investing Finance Cash flow statement, give it a glance Direct or indirect, two methods to see How money moves through your company Free cash flow firm, FCFF we say Free cash flow equity, FCFE today Quality matters, don't be deceived Check every number that you've received [Verse 2] Direct method shows the actual receipts Cash from customers, supplier payments complete Indirect starts with net income base Add back depreciation, adjust at steady pace Working capital changes, accounts receivable Inventory movements, make it all visible Both methods lead to the same final score Operating cash flow, nothing less, nothing more [Chorus] O-I-F, Operating Investing Finance Cash flow statement, give it a glance Direct or indirect, two methods to see How money moves through your company Free cash flow firm, FCFF we say Free cash flow equity, FCFE today Quality matters, don't be deceived Check every number that you've received [Bridge] FCFF takes operating cash Minus capex, no need to dash Add back interest, tax shield too Free cash to firm belongs to who? FCFE starts with cash to firm Minus debt payments, watch it squirm Add new borrowing to the mix Free cash equity, these are the tricks [Verse 3] Watch for games they like to play Shifting costs to investing way Stretching payables, delay the pain Capitalizing costs for artificial gain Quality cash flows, consistent and true Match with earnings, not something new Sustainable patterns, year after year Red flags waving, danger is near [Chorus] O-I-F, Operating Investing Finance Cash flow statement, give it a glance Direct or indirect, two methods to see How money moves through your company Free cash flow firm, FCFF we say Free cash flow equity, FCFE today Quality matters, don't be deceived Check every number that you've received [Outro] Cash is king and flow is queen Best financial truth you've ever seen Analyze with careful eye Truth in cash flows never lie
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