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).

1928 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 Sands China Ltd. (1928), the free cash flow value is -476.00M.

All amounts in USD

Operating Cash
88M
Capital Expenditure
-564M
Free Cash Flow
-476.00M

Sands China Ltd. 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).

1928 Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Sands China Ltd. (HKEX:1928).

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Net Income -1.05B -1.52B 2.03B 1.88B
Depreciation 717M 669M 611M 658M
Change To Netincome 534M 343M 387M 399M
Change To Account Receivables -11M 216M -65M -180M
Change To Liabilities -159M -567M -191M 260M
Change To Operating Activities 3M 3M -5M -1M
Total Cash From Operating Activities 88M -816M 2.81B 3.05B
Capital Expenditures -564M -1.02B -720M -492M
Other Cashflows From Investing Activities 3M 13M 38M 14M
Total Cashflows From Investing Activities -634M -1.02B -715M -513M
Net Borrowings 890M 1.48B -13M 1.15B
Other Cashflows From Financing Activities -536M -229M -276M -218M
Total Cash From Financing Activities 366M 231M -2.31B -1.1B
Effect Of Exchange Rate -3M -1M 10M 10M
Change In Cash -183M -1.61B -205M 1.44B
Issuance Of Stock 12M 6M 28M 23M