Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company’s ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow (FCF).

## 29M Free Cash Flow Analysis

Free cash flow, a measure commonly used by analysts to assess a company's profitability, represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

The Free Cash Flow is calculated using a number of methods including using Operating Cash Flow. Following is the formula to calculate Free Cash Flow based on Operating Cash Flow.

Free Cash Flow = Operating Cash Flow - Capital Expenditures

Using above formula to calculate Free Cash Flow for 29Metals Limited (29M), the free cash flow value is 102.82M.

All amounts in AUD

Operating Cash
152.33M
Capital Expenditure
-49.51M
Free Cash Flow
102.82M

29Metals Limited has a positive free cash flow as per the latest annual Cash flow statement released by the company. Positive free cash flow is cruscial for the financial health of a company, which can be used to pay dividends, expand operations, and deleverage its balance sheet (i.e., reduce debt).

## 29M Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for 29Metals Limited (ASX:29M).

31 Dec 202031 Dec 201931 Dec 2018
Net Income33.19M81.74M18.1M
Depreciation131.79M114.95M100.17M
Change To Netincome-7.67M18.41M44.42M
Change To Liabilities
Change To Operating Activities-4.98M-27.27M32.63M
Total Cash From Operating Activities152.33M187.84M195.33M
Capital Expenditures-49.51M-36.77M-39.61M
Total Cashflows From Investing Activities-107.29M-93.84M-78.03M
Net Borrowings120.72M-82.08M23.23M
Other Cashflows From Financing Activities-12.67M-11.87M-16.43M
Total Cash From Financing Activities-67.97M-60.78M-142.84M
Change In Cash-22.93M33.22M-25.54M
Repurchase Of Stock-176.03M-176.03M-185.82M