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).

## ATL 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 Apollo Tourism & Leisure Ltd (ATL), the free cash flow value is 111.87M.

All amounts in AUD

Operating Cash
133.99M
Capital Expenditure
-22.13M
Free Cash Flow
111.87M

Apollo Tourism & Leisure Ltd 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).

## ATL Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Apollo Tourism & Leisure Ltd (ASX:ATL).

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-61.23M4.67M19.2M8.65M
Depreciation40.09M26.32M28.37M21.05M
Change To Netincome134.41M36.33M32.32M43.01M
Change To Account Receivables8.18M-4.46M167k-4.69M
Change To Liabilities-29.51M9.61M9.89M1.87M
Change To Inventory34.48M6.87M-14.64M662k
Change To Operating Activities7.36M-2.8M-762k-3.45M
Total Cash From Operating Activities133.99M74.91M77.22M66.16M
Capital Expenditures-22.13M-108.74M-109.11M-80.67M
Total Cashflows From Investing Activities-24.13M-125.88M-122.43M-90.72M
Net Borrowings-120.97M53.4M40.28M10.38M
Total Cash From Financing Activities-120.97M47.24M33.08M67.71M
Effect Of Exchange Rate83k1.64M166k-80k
Change In Cash-11.02M-2.09M-11.96M43.06M