John Femino

Five High-Yield, Small Cap Stocks

Here is my basic, simple FCF calculation for Electro Rent for the LTM ending with the reporting date of 11-30-08:

+ Cash from Operations: $56.5M
- Capital Expenditures: $75.3M
+ Proceeds from the Sale of Rental and Lease Equipment: $32.8M

= FCF: $14.0M

Given that it is part of their business the proceeds from the sale of equipment should be added back in for ELRC.


On Mar 19 12:15 PM The Watchful Eye wrote:

> Where are you getting that $10M FCF number for Electro Rent? I'm
> seeing a negative one over the past twelve months.
>
> Good quick summary.