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).

ASN 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 Anson Resources Limited (ASN), the free cash flow value is -2.93M.

All amounts in AUD

Operating Cash
-2.92M
Capital Expenditure
-4.83k
Free Cash Flow
-2.93M

Anson Resources 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).

ASN Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Anson Resources Limited (ASX:ASN).

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-3.6M-6.18M-4.35M-1.74M
Depreciation158.02k91.81k32.11k13.38k
Change To Netincome854.48k257.71k536.54k-246.66k
Change To Account Receivables-20.58k18.14k11.79k-24.67k
Change To Liabilities-153.29k477.15k187.15k84.84k
Change To Operating Activities-163.3k729.87k-2.23k-2.23k
Total Cash From Operating Activities-2.92M-4.61M-3.59M-1.92M
Capital Expenditures-4.83k-14.55k-131.79k-55.43k
Investments13.93k-18.62k14.68k450.55k
Other Cashflows From Investing Activities110.24k-354.17k-360.58k-360.58k
Total Cashflows From Investing Activities-1.46M-1.46M-457.69k432.39k
Net Borrowings1.02M-8.52k-8.52k-8.52k
Other Cashflows From Financing Activities-33.12k-200.78k-79.71k-108.14k
Total Cash From Financing Activities3.08M6.25M5.18M1.55M
Effect Of Exchange Rate5.89k12.64k6631
Change In Cash-1.29M199.12k1.13M65.34k
Issuance Of Stock2.1M6.46M5.26M1.66M