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).

## HERCULES 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 Hercules Hoists Limited (HERCULES), the free cash flow value is 91.59M.

All amounts in INR

Operating Cash
141.01M
Capital Expenditure
-49.42M
Free Cash Flow
91.59M

Hercules Hoists 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).

## HERCULES Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Hercules Hoists Limited (NSE:HERCULES).

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Income149.4M77.65M129.79M128.03M
Depreciation22.89M25.95M29.8M24.75M
Change To Netincome-99.52M-61.17M-113.02M-60.34M
Change To Account Receivables39.45M4.17M2.91M42.13M
Change To Liabilities29.15M23.29M-35.88M27.62M
Change To Inventory-12.23M67.32M68.19M-74.64M
Change To Operating Activities10.02M15.17M14.88M35.13M
Total Cash From Operating Activities141.01M155.35M102.19M128.09M
Capital Expenditures-49.42M-9.06M-19.66M-39.77M
Investments-140.93M-247.49M-80.89M-67.03M
Other Cashflows From Investing Activities98.77M25.77M98.32M59.66M
Total Cashflows From Investing Activities33.6M-85.66M-67M-45.27M
Dividends Paid-72M-57.6M-48M-40M
Total Cash From Financing Activities-72M-57.6M-57.87M-48.22M
Change In Cash102.6M12.09M-22.68M34.59M