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