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).

0027 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 Galaxy Entertainment Group Limited (0027), the free cash flow value is -10.394881B.

All amounts in HKD

Operating Cash
-3.49B
Capital Expenditure
-6.91B
Free Cash Flow
-10.394881B

Galaxy Entertainment Group 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).

0027 Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Galaxy Entertainment Group Limited (HKEX:0027).

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income1.33B-3.97B13.04B13.51B
Depreciation2.23B2.79B3.43B3.2B
Change To Netincome-842.17M-1.11B-1.44B-1.27B
Change To Account Receivables337.05M389.09M-271.94M162.03M
Change To Liabilities-6.62B-5.72B4.62B-1.92B
Change To Inventory-1.41M-23.88M11.96M-18.36M
Change To Operating Activities51.75M-10.89M23.86M5.63M
Total Cash From Operating Activities-3.49B-7.63B19.44B13.78B
Capital Expenditures-6.91B-5.77B-4.12B-3.01B
Investments9.64B6.28B-209.9M-10.62B
Other Cashflows From Investing Activities1.85B9.02B-10.53B2.37B
Total Cashflows From Investing Activities4.58B9.5B-14.88B-11.24B
Net Borrowings-2.88B8.59B-8.31B-863.75M
Other Cashflows From Financing Activities-78.28M-53.55M-62.8M-26.43M
Total Cash From Financing Activities-2.41B6.77B-12.09B-4.46B
Effect Of Exchange Rate11.78M19.85M-2.53M-8M
Change In Cash-1.3B8.66B-7.53B-1.92B
Repurchase Of Stock-19.03M-36.8M-39.59M-23.12M
Issuance Of Stock566.79M223.56M264.11M381.55M