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).

AGY 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 Argosy Minerals Limited (AGY), the free cash flow value is -1.76M.

All amounts in AUD

Operating Cash
-1.76M
Capital Expenditure
-1.45k
Free Cash Flow
-1.76M

Argosy Minerals 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).

AGY Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Argosy Minerals Limited (ASX:AGY).

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Net Income-3.08M-2.39M-2.54M-5.79M
Depreciation38.59k42.64k16.62k318.3k
Change To Netincome1.7M993.72k1.13M3.68M
Change To Account Receivables6.58k-25640.84k-54.48k
Change To Liabilities57.39k-213.3k168.22k69.06k
Change To Operating Activities-472.41k-598.4k-761.15k-1.41M
Total Cash From Operating Activities-1.76M-2.17M-1.95M-3.18M
Capital Expenditures-1.45k-1.45k-2.41k-2.38k
Investments-1.29M-3.25M-11.65M-4.46M
Total Cashflows From Investing Activities-1.29M-3.25M-11.65M-4.46M
Net Borrowings-20.09k-34.46k-34.46k-34.46k
Other Cashflows From Financing Activities-1.92k-633.18k-16.46k-198.9k
Total Cash From Financing Activities-22.01k8.66M883.54k20.19M
Effect Of Exchange Rate-7.51k13.22k228.52k-113.83k
Change In Cash-3.08M3.25M-12.49M12.43M