Glossary entry (derived from question below)
English term or phrase:
unlevered basis
Serbo-Croat translation:
bez poluge / bez efekta poluge (financiranja)
Added to glossary by
Kristina Kolic
Jul 13, 2008 07:16
15 yrs ago
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English term
Serbia
Simultaneous and Written translation
Native in: Serbian
Works in: English to Serbian, English to Serbo-Croat, French to Serbian, and 4 more.
unlevered basis
English to Serbo-Croat
Bus/Financial
Finance (general)
The method entails estimating the free cash flow (“FCF”) available to all investors and discounting these cash flows back to the present using an appropriate cost of capital to arrive at a present value for the assets.
These assets may be financed in a multitude of different ways but because the returns generated by these assets are available to all the providers of capital, and to avoid distortions caused by a particular capital structure, the cash flow should be considered on an unlevered basis i.e. free from financing considerations.
These assets may be financed in a multitude of different ways but because the returns generated by these assets are available to all the providers of capital, and to avoid distortions caused by a particular capital structure, the cash flow should be considered on an unlevered basis i.e. free from financing considerations.
Proposed translations
(Serbo-Croat)
| 4 +2 | bez poluge / bez efekta poluge (financiranja) |
Kristina Kolic
|
Change log
Jul 18, 2008 15:32: Kristina Kolic changed "Edited KOG entry" from "<a href="/profile/28250">Bogdan Petrovic's</a> old entry - "unlevered basis"" to ""bez poluge / bez efekta poluge (financiranja)""
Proposed translations
+2
1 day 6 hrs
Kristina Kolic
Croatia
Croatia
Specializes in field
Croatia
Croatian legal, financial and IT expert
Native in: Croatian 
, French
Works in: English to Croatian, French to Croatian, Croatian to English, and 3 more.
Related KudoZ points
:
28
Selected
bez poluge / bez efekta poluge (financiranja)
bez poluge - bez učinka polute - bez efekta poluge - bez djelovanja poluge - bez korištenja poluge --> sve su to pojmovi koje možete ovdje koristiti.
"Unlevered Free Cash Flow (UFCF)
Definition
Free cash flow (FCF) that does not take into account the interest payments that a company must make on its outstanding debt. It is more likely to be reported by companies that are highly levered, who want to give investors an idea of how assets are performing without subtracting interest payments."
http://www.investorwords.com/6713/unlevered_free_cash_flow.h...
"LEVERED = To use debt or borrowed funds to finance a project, an investment, or the purchase of an asset."
http://www.investorwords.com/6560/levered.html
"LEVERAGE = leverage
The degree to which an investor or business is utilizing borrowed money. Companies that are highly leveraged may be at risk of bankruptcy if they are unable to make payments on their debt; they may also be unable to find new lenders in the future. Leverage is not always bad, however; it can increase the shareholders' return on their investment and often there are tax advantages associated with borrowing. also called financial leverage."
http://www.investorwords.com/2786/leverage.html
"Unlevered Free Cash Flow (i.e., cash flows before interest payments) is defined as EBITDA - capex - changes in net working capital. This is the generally accepted definition. If there are mandatory repayments of debt, then some analysts utilize levered free cash flow, which is the same formula above, but less interest and mandatory principal repayments."
http://en.wikipedia.org/wiki/Free_cash_flow
"Bez poluge" - primjer objašnjenja poluge za holding društva i dionice: http://web.efzg.hr/dok//EPO/sorsag//Pk09-Holding drutvo.pdf
"Efekt poluge kaže da se porastom tuđeg financiranja povećava rentabilnost vlastitog kapitala ako je rentabilnost ukupnog ulaganja veća od kamatne stope na tuđi kapital. Taj pozitivni efekt naziva se i šansa poluge. Smanjenje rentabilnosti ukupnog ulaganja ispod stope troškova korištenja tuđeg kapitala vodi negativnom djelovanju poluge, tj. porastom zaduživanja pada stopa rentabilnosti vlastitog kapitala."
http://www.limun.hr/main.aspx?id=10420
"Niska razina vlastitog financiranja ilustrirana je rastom opisanog koeficijenta. Veći koeficijent financijske poluge (od 7% do 32%),11 ukazuje na nisku razinu vlastitog financiranja."
"Niska razina vlastitog financiranja ilustrirana je rastom opisanog koeficijenta. Veći koeficijent financijske poluge (od 7% do 32%), 11 ukazuje na nisku razinu vlastitog financiranja."
http://www.zapi.hr/CBR/Images/USPOREDNA ANALIZA KONKURENTNOS...
--------------------------------------------------
Note added at 1 day7 hrs (2008-07-14 14:17:08 GMT)
--------------------------------------------------
"Koeficijent zaduženosti mjeri koliko se poduzeće financira iz tuđih izvora sredstava (koliki je stupanj korištenja financijske poluge), odnosno koliko je imovine financirano iz vlastitog kapitala, a koliko iz tuđeg. Poduzeće PROMATRANA TVRTKA koristi 86% tuđeg kapitala."
http://www.zapi.hr/CBR/Images/USPOREDNA ANALIZA KONKURENTNOS...
"Unlevered Free Cash Flow (UFCF)
Definition
Free cash flow (FCF) that does not take into account the interest payments that a company must make on its outstanding debt. It is more likely to be reported by companies that are highly levered, who want to give investors an idea of how assets are performing without subtracting interest payments."
http://www.investorwords.com/6713/unlevered_free_cash_flow.h...
"LEVERED = To use debt or borrowed funds to finance a project, an investment, or the purchase of an asset."
http://www.investorwords.com/6560/levered.html
"LEVERAGE = leverage
The degree to which an investor or business is utilizing borrowed money. Companies that are highly leveraged may be at risk of bankruptcy if they are unable to make payments on their debt; they may also be unable to find new lenders in the future. Leverage is not always bad, however; it can increase the shareholders' return on their investment and often there are tax advantages associated with borrowing. also called financial leverage."
http://www.investorwords.com/2786/leverage.html
"Unlevered Free Cash Flow (i.e., cash flows before interest payments) is defined as EBITDA - capex - changes in net working capital. This is the generally accepted definition. If there are mandatory repayments of debt, then some analysts utilize levered free cash flow, which is the same formula above, but less interest and mandatory principal repayments."
http://en.wikipedia.org/wiki/Free_cash_flow
"Bez poluge" - primjer objašnjenja poluge za holding društva i dionice: http://web.efzg.hr/dok//EPO/sorsag//Pk09-Holding drutvo.pdf
"Efekt poluge kaže da se porastom tuđeg financiranja povećava rentabilnost vlastitog kapitala ako je rentabilnost ukupnog ulaganja veća od kamatne stope na tuđi kapital. Taj pozitivni efekt naziva se i šansa poluge. Smanjenje rentabilnosti ukupnog ulaganja ispod stope troškova korištenja tuđeg kapitala vodi negativnom djelovanju poluge, tj. porastom zaduživanja pada stopa rentabilnosti vlastitog kapitala."
http://www.limun.hr/main.aspx?id=10420
"Niska razina vlastitog financiranja ilustrirana je rastom opisanog koeficijenta. Veći koeficijent financijske poluge (od 7% do 32%),11 ukazuje na nisku razinu vlastitog financiranja."
"Niska razina vlastitog financiranja ilustrirana je rastom opisanog koeficijenta. Veći koeficijent financijske poluge (od 7% do 32%), 11 ukazuje na nisku razinu vlastitog financiranja."
http://www.zapi.hr/CBR/Images/USPOREDNA ANALIZA KONKURENTNOS...
--------------------------------------------------
Note added at 1 day7 hrs (2008-07-14 14:17:08 GMT)
--------------------------------------------------
"Koeficijent zaduženosti mjeri koliko se poduzeće financira iz tuđih izvora sredstava (koliki je stupanj korištenja financijske poluge), odnosno koliko je imovine financirano iz vlastitog kapitala, a koliko iz tuđeg. Poduzeće PROMATRANA TVRTKA koristi 86% tuđeg kapitala."
http://www.zapi.hr/CBR/Images/USPOREDNA ANALIZA KONKURENTNOS...
4 KudoZ points awarded for this answer.
Comment: "Hvala!"
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