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).

AQX 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 Alice Queen Limited (AQX), the free cash flow value is -4.00M.

All amounts in AUD

Operating Cash
-1.29M
Capital Expenditure
-2.71M
Free Cash Flow
-4.00M

Alice Queen 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).

AQX Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Alice Queen Limited (ASX:AQX).

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-1.57M-1.6M-2.34M-1.14M
Depreciation67.51k11.43k557.46k3.05k
Change To Netincome320.45k365.29k478.31k224.54k
Change To Account Receivables-24.99k103.29k-109.35k31.35k
Change To Liabilities-70k123.96k-57.9k23.02k
Change To Operating Activities-8.15k-18.81k25.79k13.75k
Total Cash From Operating Activities-1.29M-1.01M-1.45M-842.5k
Capital Expenditures-2.71M-2.23M-4.27M-1.62M
Other Cashflows From Investing Activities331.99k10k-22.93k-20k
Total Cashflows From Investing Activities-2.38M-2.22M-4.29M-1.64M
Net Borrowings-58.73k-58.73k-58.73k-58.73k
Other Cashflows From Financing Activities-339.46k-108.36k-333.99k-140.79k
Total Cash From Financing Activities6.55M2.78M5.45M2.29M
Change In Cash2.88M-449.74k-290.96k-186.93k
Issuance Of Stock6.95M2.89M5.79M2.43M