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).

## GICHSGFIN 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 GIC Housing Finance Limited (GICHSGFIN), the free cash flow value is 12.8576B.

All amounts in INR

Operating Cash
12.86B
Capital Expenditure
-2.1M
Free Cash Flow
12.8576B

GIC Housing Finance Limited 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).

## GICHSGFIN Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for GIC Housing Finance Limited (NSE:GICHSGFIN).

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Income1.74B1.06B456.1M1.72B
Depreciation85.8M44.8M61.3M7.2M
Change To Netincome11.09B5.41B-401.3M-18.31B
Change To Liabilities37.1M-80.5M55.7M54M
Change To Operating Activities-89.6M-949.3M45M77.6M
Total Cash From Operating Activities12.86B5.48B216.8M-16.45B
Capital Expenditures-2.1M-4.2M-6.3M-15.3M
Investments18.8M18.5M33.7M26.1M
Other Cashflows From Investing Activities1.3M1.3M1.3M1.3M
Total Cashflows From Investing Activities-32.6M-138.4M-106.3M11.5M
Dividends Paid-215.4M-107.7M-296.1M-296.2M
Net Borrowings-8.7B-5.47B867.8M16.75B
Total Cash From Financing Activities-8.92B-5.58B510.8M16.39B
Change In Cash3.91B-238.7M621.3M-53M