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).

CTEC 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 ConvaTec Group Plc (CTEC), the free cash flow value is 211.80M.

All amounts in USD

Operating Cash
305.9M
Capital Expenditure
-94.1M
Free Cash Flow
211.80M

ConvaTec Group Plc has a positive 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).

CTEC Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for ConvaTec Group Plc (LSE:CTEC).

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Net Income 117.6M 112.5M 9.8M 221.6M
Depreciation 196.9M 188.2M 199.4M 180.7M
Change To Netincome 9.3M 41.5M 119.4M -36.4M
Change To Account Receivables -29.4M 6.5M -13.9M 6.7M
Change To Liabilities 10.7M 47.5M 43.8M 2.3M
Change To Inventory -19.6M -5.3M 20.4M -33.1M
Change To Operating Activities 6.7M -900k 1.3M 900k
Total Cash From Operating Activities 305.9M 399.5M 401.8M 352M
Capital Expenditures -94.1M -86.2M -61.4M -72.1M
Total Cashflows From Investing Activities -206.5M -56.3M -72.8M -80.9M
Dividends Paid -85.8M -62.9M -79.9M -74.9M
Net Borrowings -114.1M -93.6M -158.6M -154.5M
Total Cash From Financing Activities -199.9M -162.1M -252.5M -229.4M
Effect Of Exchange Rate -1.5M -1.5M -6.3M -15.4M
Change In Cash -102M 179.6M 70.2M 26.3M