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 -3.79M.

All amounts in AUD

Operating Cash
-3.79M
Capital Expenditure
-
Free Cash Flow
-3.79M

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 2022 30 Jun 2021 30 Jun 2020 30 Jun 2019
Net Income -3.65M -4.18M 2.77M -6.91M
Depreciation 6.82k 7.31k 5.25k 5.67M
Change To Netincome -169.11k 1.04M -4.38M 345.56k
Change To Account Receivables 924 19.91k -14.43k 778.45k
Change To Liabilities 9.5k -1.25M -246.91k -2.6M
Change To Operating Activities 12k 19.62k -4.18k 89.75k
Total Cash From Operating Activities -3.79M -4.34M -1.87M -536.31k
Total Cash From Financing Activities 715k 161.86k 3.73M 220.56k
Change In Cash -3.07M 3.99M 2.31M 524.6k
Issuance Of Stock 715k 3.09M 4.29M 225k