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).

AQZ 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 Alliance Aviation Services Limited (AQZ), the free cash flow value is 13.23M.

All amounts in AUD

Operating Cash
44.05M
Capital Expenditure
-30.81M
Free Cash Flow
13.23M

Alliance Aviation Services 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).

AQZ Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Alliance Aviation Services Limited (ASX:AQZ).

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income26.97M22.73M18.11M18.55M
Depreciation35.15M30.85M30.61M26.36M
Change To Netincome6.61M8.79M3.29M5.39M
Change To Account Receivables-14.7M-7.76M-449k-3.96M
Change To Liabilities13.28M20.55M14.92M644k
Change To Inventory-28.7M-40.57M-31.08M-28.26M
Change To Operating Activities5.45M2.48M2.85M3M
Total Cash From Operating Activities44.05M37.01M38.26M21.7M
Capital Expenditures-30.81M-22M-14.86M-13.46M
Total Cashflows From Investing Activities-30.81M-22M-14.86M-13.46M
Dividends Paid-7.34M-12.13M-4.8M-1.87M
Net Borrowings-7.25M-5.2M-9.95M-5.05M
Other Cashflows From Financing Activities-1.39M-1.39M-1.39M-1.39M
Total Cash From Financing Activities75.89M-17.33M-14.76M-6.92M
Effect Of Exchange Rate59k76k-263k44k
Change In Cash89.18M-2.24M8.38M1.37M
Issuance Of Stock91.86M91.86M91.86M91.86M