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).

AZI 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 Altamin Limited (AZI), the free cash flow value is -4.94M.

All amounts in AUD

Operating Cash
-4.92M
Capital Expenditure
-19.57k
Free Cash Flow
-4.94M

Altamin 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).

AZI Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Altamin Limited (ASX:AZI).

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Net Income-5.38M-3.76M-3.27M-3.63M
Depreciation91k122.63k31.77k84.21k
Change To Netincome-119.33k76.21k-281.83k-145.43k
Change To Account Receivables-191.15k-86.17k1.36M251.38k
Change To Liabilities697.64k80.92k38.53k-630.34k
Change To Operating Activities-24.69k42.83k68.28k-80.85k
Total Cash From Operating Activities-4.92M-3.52M-2.05M-4.15M
Capital Expenditures-19.57k-14.19k-6.86k-9.47k
Investments154.98k154.98k154.98k58.78k
Total Cashflows From Investing Activities135.41k-14.19k5.67k72.06k
Net Borrowings-68.7k-99.11k-99.11k-64.65k
Other Cashflows From Financing Activities-400.2k-268.4k-40.28k-261.13k
Total Cash From Financing Activities6.65M3.7M1.77M5.81M
Effect Of Exchange Rate-33.47k4.56k4.56k-6.75k
Change In Cash1.82M166.95k-275.53k1.72M
Issuance Of Stock7.11M4.07M1.81M6.13M