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).

JD 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 JD Sports Fashion plc (JD), the free cash flow value is 1.0494B.

All amounts in GBP

Operating Cash
Capital Expenditure
Free Cash Flow

JD Sports Fashion 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).

JD Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for JD Sports Fashion plc (LSE:JD).

29 Jan 2022 30 Jan 2021 01 Feb 2020 02 Feb 2019
Net Income 369.7M 224.3M 246.1M 261.8M
Depreciation 550.7M 461.8M 427.5M 100.4M
Change To Netincome 352.1M 97.6M 121.6M 32.9M
Change To Account Receivables -69.3M 46.2M -13M -22.5M
Change To Liabilities 75M 149.5M 58.1M 21.2M
Change To Inventory -31.8M 63.5M -9.5M -26.2M
Total Cash From Operating Activities 1.27B 1.06B 854M 377.6M
Capital Expenditures -217.5M -101.1M -146.6M -172.6M
Other Cashflows From Investing Activities 15.8M 4.4M -2M -2.9M
Total Cashflows From Investing Activities -848.1M -330M -261.7M -550.8M
Dividends Paid -14.9M -14.9M -16.7M -15.9M
Net Borrowings -565.8M -237M -353.4M 86.4M
Other Cashflows From Financing Activities 41.2M -6.1M -1.3M 5.7M
Total Cash From Financing Activities -83.6M -243.1M -371.4M 76.2M
Effect Of Exchange Rate -3.5M 200k 1.7M 100k
Change In Cash 331.7M 488.4M 222.6M -96.9M
Issuance Of Stock 455.9M 455.9M 455.9M 455.9M