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).

## ANP 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 Antisense Therapeutics Limited (ANP), the free cash flow value is -3.96M.

All amounts in AUD

Operating Cash
-3.95M
Capital Expenditure
-10.26k
Free Cash Flow
-3.96M

Antisense Therapeutics 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).

## ANP Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Antisense Therapeutics Limited (ASX:ANP).

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-5.91M-2.94M-2.33M-2.75M
Depreciation107.6k5.38k6.41k4.89k
Change To Netincome2.42M2.42M2.42M2.42M
Change To Account Receivables-339.76k-275.31k96.74k-7.6k
Change To Liabilities-259.81k218.87k-31.74k-93.81k
Change To Operating Activities34.73k67.12k-42.2k-62.91k
Total Cash From Operating Activities-3.95M-2.93M-2.3M-2.91M
Capital Expenditures-10.26k-10.26k-10.26k-15.57k
Total Cashflows From Investing Activities-10.26k2.4M-2.4M-15.57k
Net Borrowings-97.89k-97.89k-97.89k-97.89k
Other Cashflows From Financing Activities-285.15k-67.08k-344.35k31.07k
Total Cash From Financing Activities5.11M1.53M4.7M31.07k
Change In Cash1.16M1M-2.93k-2.9M
Issuance Of Stock5.49M1.6M5.04M5.04M