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).

AJX 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 Alexium International Group Limited (AJX), the free cash flow value is -3.28M.

All amounts in USD

Operating Cash
-3.18M
Capital Expenditure
-102.28k
Free Cash Flow
-3.28M

Alexium International Group 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).

AJX Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Alexium International Group Limited (ASX:AJX).

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-6.13M-6.94M-3.96M-9.14M
Depreciation456.27k348.08k319.83k268.06k
Change To Netincome2.86M1.24M-1.39M882.4k
Change To Account Receivables-17.66k-448.22k583.69k-954.8k
Change To Liabilities-708.3k616.21k-982.91k-689.69k
Change To Inventory231.9k363.1k90.62k-374.44k
Change To Operating Activities-804469.51k-219.83k203.91k
Total Cash From Operating Activities-3.18M-4.34M-5.56M-9.8M
Capital Expenditures-102.28k-90.68k-41.8k-1.2M
Total Cashflows From Investing Activities-1.2M-1.14M-702.95k-1.22M
Net Borrowings-5.52M-1.26M4.42M4.87M
Other Cashflows From Financing Activities-746.45k-746.45k-975.96k-94.45k
Total Cash From Financing Activities5.51M-1.26M14.33M5.28M
Effect Of Exchange Rate-233.25k-60.35k-43.54k14.05k
Change In Cash897.91k-6.8M8.02M-5.73M
Issuance Of Stock11.77M11.77M10.88M498.99k