Enter the total cash flows from operations, capital expenditures, and net debt issues into the calculator to determine the free cash flow to equity.

- Cash Flow to Stockholders Calculator
- Cash Flow From Assets Calculator
- Free Cash Flow Calculator
- Net Cash Flow Calculator

## FCFE Formula

The following formula is used to calculate the free cash flow to equity.

FCFE = CO – CE + D

- Where FCFE is the free cash flow to equities
- CO is the cash from operations
- CE is the capital expenditures
- D is the net debt issued

## FCFE Definition

Free cash flow to equities is the total sum of the cash from operations and net debt issued minus the capital expenditure.

## FCFE Example

How to calculate FCFE?

**First, determine the cash flow from operation.**Calculate the net cash flow generate by operations in the company.

**Next, determine the total CE.**Calculate the total amount of capital expenditure spent on the company.

**Next, determine the net debt issued.**Calculate the total amount of net debt that has been issue/repaid.

**Finally, calculate the FCFE.**Calculate the FCFE by subtracting the capital expenditures from the cash and then adding the net debt.

## FAQ

**What is FCFE?**

FCFE stands for free cash flow to equity. This term is a financial measure of the amount of cash a business can generate that is available to distribute to shareholders. This cash is what is available, but usually, not all of it actually gets distributed to the shareholders.