How to calculate equity value using Discounted Cash Flow (DCF)?

why don't you take into consideration "total liabilities" instead of just debt when you calculate equity value of a company in DCF video? if you buy something you own not only debt but everything. For example if you buy a company not only you have to pay creditors their loan but you have to pay electricity, lease etc bills also if these are pending for long time.

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Good question. There are only 2 ways to fund a business operations - equity and debt. Now when you are buying a company you are focused on the company's operational ratios and assume that debt can be paid of with existing cash or by infusing new cash in the company. Other liabilities like lease, electricity, payables etc can never be fully paid off and will always remain as long as the business is a going concern.