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).

0669 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 Techtronic Industries Company Limited (0669), the free cash flow value is -847.48M.

All amounts in USD

Operating Cash
-100.94M
Capital Expenditure
-746.54M
Free Cash Flow
-847.48M

Techtronic Industries Company 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).

0669 Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Techtronic Industries Company Limited (HKEX:0669).

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income1.1B800.76M614.9M552.46M
Depreciation309.16M253.23M223.11M138.44M
Change To Netincome151.38M131.3M39.12M29.78M
Change To Account Receivables-700.34M-116.78M-150.99M-30.6M
Change To Liabilities734.3M1.1B257.99M364.11M
Change To Inventory-1.73B-1.12B-383.72M-348.65M
Change To Operating Activities-79.52M-29.39M21.69M-15.21M
Total Cash From Operating Activities-100.94M1.16B724.27M793.64M
Capital Expenditures-746.54M-458.93M-456.61M-259.11M
Investments-1.74M-1.98M-301k-6.75M
Other Cashflows From Investing Activities31.96M36.75M40.24M25.2M
Total Cashflows From Investing Activities-1.02B-580.27M-568.49M-423.78M
Dividends Paid-394.12M-261.64M-223.59M-183.42M
Net Borrowings1.86B-245.05M393.06M115.19M
Total Cash From Financing Activities1.47B-498.09M162.76M-105.97M
Effect Of Exchange Rate-5.71M41.35M-10.61M-23.53M
Change In Cash340.52M122.06M307.94M240.37M
Issuance Of Stock8.21M8.59M5.94M868k