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).

AHN 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 Athena Resources Limited (AHN), the free cash flow value is -805821.

All amounts in AUD

Operating Cash
-308.55k
Capital Expenditure
-497.27k
Free Cash Flow
-805821

Athena Resources 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).

AHN Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Athena Resources Limited (ASX:AHN).

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-334.02k-435k-193.55k-130.99k
Depreciation5.67k5.65k-176.67k6.16k
Change To Netincome-12.37k-42.5k-240k-240k
Change To Account Receivables2.3k25.03k-1.17k148.59k
Change To Liabilities10.27k-2.83k18.52k-5.72k
Change To Operating Activities19.6k73.42k177.09k177.09k
Total Cash From Operating Activities-308.55k-376.22k-415.77k18.04k
Capital Expenditures-497.27k-471.7k-284.76k-777.96k
Total Cashflows From Investing Activities-497.27k-471.7k-284.76k-777.96k
Net Borrowings146.9k272.85k140k20k
Total Cash From Financing Activities817.9k814.75k720.6k20k
Change In Cash12.08k-33.17k20.07k-739.91k
Issuance Of Stock671k541.9k580.6k580.6k