Advertisement
New Zealand markets open in 4 hours 19 minutes
  • NZX 50

    11,836.04
    -39.31 (-0.33%)
     
  • NZD/USD

    0.5903
    -0.0016 (-0.27%)
     
  • ALL ORDS

    7,898.90
    +37.90 (+0.48%)
     
  • OIL

    83.06
    +0.37 (+0.45%)
     
  • GOLD

    2,398.80
    +10.40 (+0.44%)
     

Could 3M’s Free Cash Flow Help Improve the Funding Ratio?

Could 3M’s Free Cash Flow Help Improve the Funding Ratio?

3M (MMM) is one of the companies that has been generating a constant FCF (free cash flow) for a period of time. The quantum of the FCF generated by 3M in the past six years was an average of $4.7 billion, which indicates that 3M’s FCF is very strong.