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).

## ASO 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 Aston Minerals Limited (ASO), the free cash flow value is -1.98M.

All amounts in AUD

Operating Cash
-1.98M
Capital Expenditure
-
Free Cash Flow
-1.98M

Aston 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).

## ASO Cash Flow Statement History

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

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-1.62M-6.9M-4.12M-19.8M
Depreciation26.64k34.14k16.37k16.37k
Change To Netincome-78.08k-20.3k398.83k18.8M
Change To Account Receivables45.43k88.35k-139.17k-20.25k
Change To Liabilities-356.1k-31.8k292.62k-102.71k
Change To Operating Activities-4.61k58.35k-34.98k-7.15k
Total Cash From Operating Activities-1.98M-6.77M-3.58M-1.13M
Other Cashflows From Investing Activities31.15k31.15k31.15k31.15k
Total Cashflows From Investing Activities54.42k14.96M-15.09M-105.39k
Effect Of Exchange Rate4.91k-6.29k-6.29k-6.29k
Change In Cash-1.92M8.18M243.03k2.92M