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English to Portuguese translations [PRO] Bus/Financial - Finance (general)
English term or phrase:ungeared profitability
In 2016, twelve years after the beginning of the construction, the accumulated cash flow before financial expenses is positive. The models calculate the ungeared profitability of the project. That is, the intrinsic profitability of the project was calculated without the benefit of the financial leverage arising from third party financing. The profitability could be improved substantially if a reasonable proportion of the project is financed by loans.