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).

FRAS 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 Frasers Group plc (FRAS), the free cash flow value is 184.70M.

All amounts in GBP

Operating Cash
Capital Expenditure
Free Cash Flow

Frasers 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).

FRAS Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Frasers Group plc (LSE:FRAS).

24 Apr 2022 25 Apr 2021 26 Apr 2020 28 Apr 2019
Net Income 249.8M -83M 93.8M 112M
Depreciation 260M 307.2M 397.5M 125.4M
Change To Netincome 156M 241.8M -14M 41.1M
Change To Account Receivables -33.3M -136.6M 73.5M -139.3M
Change To Liabilities 7.5M 64.9M 61.8M -76.5M
Change To Inventory -155M 99.3M -120.8M -14.5M
Change To Operating Activities 22.9M 25.4M -115.1M 225.1M
Total Cash From Operating Activities 507.9M 519M 376.7M 273.3M
Capital Expenditures -323.2M -219.4M -323.5M -158.5M
Investments 40M -106.3M -25.5M -3M
Other Cashflows From Investing Activities 124.7M 57.6M 10.3M 3.7M
Total Cashflows From Investing Activities -116.2M -280.4M -193.4M -237.5M
Net Borrowings -284.7M -273.5M -40.1M 69.4M
Other Cashflows From Financing Activities -34.1M -32.5M -18.3M -13M
Total Cash From Financing Activities -512M -310.3M -102.3M 49.1M
Effect Of Exchange Rate 100k -5.3M 5M 3.1M
Change In Cash -120.2M -77M 86M 88M
Repurchase Of Stock -193.2M -4.3M -43.9M -7.3M