A company's cash total debt coverage ratio and free cash flow have been declining steadily over the

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A company's cash total debt coverage ratio and free cash flow have been declining steadily over the last five years. What does this decline likely mean to creditors and investors?
Free Cash Flow
Free cash flow (FCF) represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Unlike earnings or net income, free cash flow is a measure of profitability that excludes the...
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Financial Accounting Tools for Business Decision Making

ISBN: 978-1118644942

6th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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