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).

## AAU 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 Antilles Gold Limited (AAU), the free cash flow value is -3.56M.

All amounts in USD

Operating Cash
-3.56M
Capital Expenditure
-3.84k
Free Cash Flow
-3.56M

Antilles Gold Limited has a negative 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).

## AAU Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Antilles Gold Limited (ASX:AAU).

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Net Income3.72M5.13M-9.15M-9.99M
Depreciation406.7k5.3M9.18M17.55M
Change To Netincome-3.49M-3.47M10.85M4.91M
Change To Account Receivables72k1.24M37.9k-1.32M
Change To Liabilities-4.47M-5.58M2.44M59.85k
Change To Inventory58.14k1.51M304.23k108.86k
Change To Operating Activities143.94k196.99k-42.06k163.23k
Total Cash From Operating Activities-3.56M4.34M13.63M11.48M
Capital Expenditures-3.84k-3.84k-389.04k-2.46M
Investments567.86k1M1M-1.79M
Total Cashflows From Investing Activities564.02k1M-388.76k-5.25M
Net Borrowings-34.7k-6.05M-10.96M-7.54M
Total Cash From Financing Activities-34.7k-6.21M-9.61M-7.54M
Change In Cash-3.03M-873.13k3.63M-1.31M