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).

ALG 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 Ardent Leisure Group Limited (ALG), the free cash flow value is 61.26M.

All amounts in AUD

Operating Cash
167.84M
Capital Expenditure
-106.58M
Free Cash Flow
61.26M

Ardent Leisure Group Limited has a positive 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).

ALG Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Ardent Leisure Group Limited (ASX:ALG).

28 Jun 2022 29 Jun 2021 30 Jun 2020 25 Jun 2019
Net Income -97.43M -86.93M -136.09M -60.88M
Depreciation 66.23M 80.68M 89.22M 48.57M
Change To Netincome 190.39M 73.55M 85.18M 31.51M
Change To Account Receivables -9.04M 206k 10.87M -72k
Change To Liabilities 16.31M 20.46M 13.04M -6.07M
Change To Inventory -3.02M 1.53M -11.71M 1.42M
Change To Operating Activities -859k 816k 2.69M -1.77M
Total Cash From Operating Activities 167.84M 93.91M 52.72M 32.5M
Capital Expenditures -106.58M -37.21M -79.45M -68.3M
Investments -1.6M -1.6M -1.6M -1.6M
Total Cashflows From Investing Activities -147.31M -43.58M -81.99M -71.25M
Net Borrowings 15.56M -35.44M 51.25M 148.4M
Other Cashflows From Financing Activities -66.64M -52.17M 47.84M -18.73M
Total Cash From Financing Activities -51.08M -87.61M 98.95M 115.41M
Effect Of Exchange Rate 6.22M -9.37M -396k -872k
Change In Cash -24.34M -46.66M 69.28M 75.78M