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).

## EDV 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 Endeavour Mining plc (EDV), the free cash flow value is 503.70M.

All amounts in USD

Operating Cash
1.02B
Capital Expenditure
-518.3M
Free Cash Flow
503.70M

Endeavour Mining 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).

## EDV Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Endeavour Mining plc (LSE:EDV).

31 Dec 2022 31 Dec 2021 31 Dec 2020 31 Dec 2019
Net Income -57.3M 215.5M 73.1M -163.72M
Depreciation 976.3M 815.6M 327.5M 280.54M
Change To Netincome 192.6M 109.8M 263.4M 169.34M
Change To Account Receivables -13.6M -4.3M 4.1M 21.19M
Change To Liabilities -10.6M -64.1M 42.7M 8.23M
Change To Inventory -57.5M 63.7M 45.1M -14.21M
Change To Operating Activities -9.9M 4.2M -10M -2.31M
Total Cash From Operating Activities 1.02B 1.16B 748.9M 301.88M
Capital Expenditures -518.3M -517.1M -235.9M -208.18M
Investments 10.7M 10.7M 10.7M 10.7M
Other Cashflows From Investing Activities -16M -16.9M -22.1M -46.76M
Total Cashflows From Investing Activities -521.4M -511.7M -160.1M -251.53M
Dividends Paid -166.6M -129.9M -129.9M -129.9M
Net Borrowings -17.9M -188.3M -112.7M 57.77M
Other Cashflows From Financing Activities -123M -179.1M -58M -42.94M
Total Cash From Financing Activities -385M -421.3M -70.7M 15.12M
Effect Of Exchange Rate -70.7M -31.8M 6.7M 384k
Change In Cash 44.9M 191.5M 524.8M 65.87M
Repurchase Of Stock -98.7M -133.8M -133.8M -133.8M
Issuance Of Stock 21.2M 209.8M 100M 292k