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).

## AQI 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 Alicanto Minerals Limited (AQI), the free cash flow value is -1.22M.

All amounts in AUD

Operating Cash
-1.2M
Capital Expenditure
-12.14k
Free Cash Flow
-1.22M

Alicanto Minerals 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).

## AQI Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Alicanto Minerals Limited (ASX:AQI).

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-1.63M-3.7M-2.87M-1.19M
Depreciation84.05k958.49k99.22k36.17k
Change To Netincome354.06k646.26k66.08k493.33k
Change To Account Receivables-65.56k1.67k36.38k-38.8k
Change To Liabilities55.51k-417.05k26.63k102.31k
Total Cash From Operating Activities-1.2M-2.51M-2.64M-601.52k
Capital Expenditures-12.14k-5.62k-297.6k-186.47k
Total Cashflows From Investing Activities-386.15k-5.62k-570.5k-206.47k
Other Cashflows From Financing Activities-259.21k-77.67k-360.88k-138.18k
Total Cash From Financing Activities3.15M1.38M3.38M1.43M
Change In Cash1.56M-1.14M171.87k620.71k
Issuance Of Stock3.41M1.45M3.74M1.57M