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).

AWV 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 Anova Metals Limited (AWV), the free cash flow value is -1.89M.

All amounts in AUD

Operating Cash
-1.87M
Capital Expenditure
-20.46k
Free Cash Flow
-1.89M

Anova Metals 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).

AWV Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Anova Metals Limited (ASX:AWV).

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income2.77M-6.91M-15.12M-3.4M
Depreciation-4.16M5.67M11.66M10.18k
Change To Netincome-213.6k345.56k287.48k256.79k
Change To Account Receivables-14.43k778.45k-703.36k-13.24k
Change To Liabilities-246.91k-2.6M444.76k-72.68k
Change To Operating Activities-4.18k89.75k-13.46k-36.3k
Total Cash From Operating Activities-1.87M-536.31k-5.54M-3.26M
Capital Expenditures-20.46k-20.46k-4.73M-1.49k
Total Cashflows From Investing Activities457.04k839.52k-4.84M-1.49k
Net Borrowings-175k-175k3M3M
Other Cashflows From Financing Activities-381.36k-4.44k-30.23k-547.26k
Total Cash From Financing Activities3.73M220.56k2.97M9.75M
Effect Of Exchange Rate-2.85k827261.16k-71.2k
Change In Cash2.31M524.6k-7.14M6.42M
Issuance Of Stock4.29M225k225k10.3M