Growth Equity

A company’s cash position is the cash amount it currently has on its books relative to expenses and liabilities.

Operating cash flow (OCF) is the measurement of cash generated by a business’s normal operating activities during a period. OCF is found by adding back non-cash items to net income and adjusting for changes in net working capital.

Pari-passu is a Latin term that means “on equal footing” or “moving together.” It’s a widely used legal term that has applications in corporate finance and personal finance that indicates fairness in the distribution of something. The term is used in equity shares, insolvency, and inheritance.