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 -1.50M.

All amounts in USD

Operating Cash
-1.39M
Capital Expenditure
-112.46k
Free Cash Flow
-1.50M

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 202130 Jun 202030 Jun 201930 Jun 2018
Net Income-1.45M-6.13M-6.94M-3.96M
Depreciation423.06k456.27k348.08k319.83k
Change To Netincome-1.21M2.86M1.24M-1.39M
Change To Account Receivables-387.91k-17.66k-448.22k583.69k
Change To Liabilities1.14M-708.3k616.21k-982.91k
Change To Inventory-302.54k231.9k363.1k90.62k
Change To Operating Activities-88.88k-804469.51k-219.83k
Total Cash From Operating Activities-1.39M-3.18M-4.34M-5.56M
Capital Expenditures-112.46k-102.28k-90.68k-41.8k
Other Cashflows From Investing Activities-1-1-60k-60k
Total Cashflows From Investing Activities-881.55k-1.2M-1.14M-702.95k
Net Borrowings325.16k-5.52M-1.26M4.42M
Other Cashflows From Financing Activities-2.19k-746.45k-746.45k-975.96k
Total Cash From Financing Activities322.97k5.51M-1.26M14.33M
Effect Of Exchange Rate141.77k-233.25k-60.35k-43.54k
Change In Cash-1.81M897.91k-6.8M8.02M