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