which is more important to investors levered or unlevered free cash flow 
levered free cash flow is considered more important for investors to watch than unlevered free cash flow lfcf is a better indicator of a company s profitability the bottom linelevered free cash flow lfcf is the amount of money that a company has left remaining after paying all of its financial obligations since it s the amount of cash that a company has after paying debts it s important because lfcf is what a company can use to pay dividends and invest in itself 