What is Unlevered Free Cash Flow? Unlevered Free Cash Flow (UFCF) is a company's cash flow available to both capital providers (debt and equity holders).It shows how much cash a business can generate to service its financial obligations or pay dividends after serving its financial obligations. It is also called Free Cash Flow to the Firm (FCFF). This cash flow figure is theoretical and accounts for operating expenses, capital expenditures and investment in working capital while ignoring interest
