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).

AS1 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 Angel Seafood Holdings Limited (AS1), the free cash flow value is -1.73M.

All amounts in AUD

Operating Cash
350.27k
Capital Expenditure
-2.08M
Free Cash Flow
-1.73M

Angel Seafood Holdings 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).

AS1 Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Angel Seafood Holdings Limited (ASX:AS1).

31 Dec 202030 Jun 202030 Jun 201930 Jun 2018
Net Income1.44M251.7k305.38k-1.14M
Depreciation982.55k856.28k684.5k356.5k
Change To Netincome-1.36M-1.14M-855.84k-1.26M
Change To Account Receivables-533.75k-66.35k-276.02k-98.74k
Change To Liabilities751.02k11.84k396.38k-347.56k
Change To Inventory-984.16k374.07k-573.91k408.61k
Change To Operating Activities49.9k239.57k103.17k26.39k
Total Cash From Operating Activities350.27k528.16k-211.93k-2.05M
Capital Expenditures-2.08M-751.43k-4.11M-1.86M
Total Cashflows From Investing Activities-2.03M-591.74k-5.76M-2.56M
Net Borrowings-2.19M2.35M1.11M-66.38k
Total Cash From Financing Activities5.35M2.35M1.08M7.21M
Change In Cash3.66M2.28M-4.89M2.6M
Issuance Of Stock7.54M7.54M7.54M8M