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).

## ASW 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 Advanced Share Registry Limited (ASW), the free cash flow value is 1.85M.

All amounts in AUD

Operating Cash
1.98M
Capital Expenditure
-128.79k
Free Cash Flow
1.85M

Advanced Share Registry 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).

## ASW Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Advanced Share Registry Limited (ASX:ASW).

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income1.52M1.49M2.29M2.06M
Depreciation92.32k87.28k191.2k285.64k
Change To Netincome164.79k23.61k-732.36k-732.36k
Change To Account Receivables123k-82.34k53.92k241.1k
Change To Liabilities-64.27k9.65k194.28k59.29k
Change To Operating Activities44.05k29.91k15.82k-334.04k
Total Cash From Operating Activities1.98M1.48M2.1M2.11M
Capital Expenditures-128.79k-16.03k-64.95k-36.3k
Other Cashflows From Investing Activities27.5k27.5k27.5k27.5k
Total Cashflows From Investing Activities-102.24k-58.53k-64.82k-36.3k
Dividends Paid-1.75M-1.75M-1.8M-1.86M
Total Cash From Financing Activities-1.75M-1.75M-1.8M-1.86M
Change In Cash119.7k-333.98k239.07k212.26k