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).

## AZY 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 Antipa Minerals Limited (AZY), the free cash flow value is -4.17M.

All amounts in AUD

Operating Cash
-960.74k
Capital Expenditure
-3.21M
Free Cash Flow
-4.17M

Antipa Minerals 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).

## AZY Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Antipa Minerals Limited (ASX:AZY).

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-1.86M-1.79M-1.87M-1.6M
Depreciation74.25k74.25k5.2k1.49k
Change To Netincome371.71k219.22k343.55k905.95k
Change To Account Receivables648.35k-353.74k86.91k35.78k
Change To Liabilities
Change To Operating Activities-193.76k457.9k43.37k-175.64k
Total Cash From Operating Activities-960.74k-1.46M-1.39M-833.27k
Capital Expenditures-3.21M-5.23M-3.83M-3.51M
Investments-504.99k1.58M1.58M-984.88k
Other Cashflows From Investing Activities109.8k485.53k111.1k254.98k
Total Cashflows From Investing Activities-3.69M-3.16M-3.72M-4.24M
Other Cashflows From Financing Activities-269.04k-459.54k-478.46k-460.19k
Total Cash From Financing Activities3.61M4.72M7.03M6.57M
Change In Cash-1.03M95.51k1.92M1.5M
Issuance Of Stock3.88M5.18M7.51M7.03M