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).

NITINSPIN 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 Nitin Spinners Limited (NITINSPIN), the free cash flow value is 3.389651B.

All amounts in INR

Operating Cash
4.31B
Capital Expenditure
-924.68M
Free Cash Flow
3.389651B

Nitin Spinners 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).

NITINSPIN Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Nitin Spinners Limited (NSE:NITINSPIN).

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Income3.26B688.72M238.17M641.07M
Depreciation874.04M906.54M803.85M544.92M
Change To Netincome1.41B840.02M573.92M435.31M
Change To Account Receivables-748.35M-130.63M-320.57M-326.25M
Change To Liabilities
Change To Inventory-516.08M-899.81M-368.77M-223.37M
Change To Operating Activities30.02M140.08M52.2M-35.84M
Total Cash From Operating Activities4.31B1.55B981.9M1.04B
Capital Expenditures-924.68M-124.23M-6.97B-4.84B
Other Cashflows From Investing Activities2.69M2.31M4.8B4.8B
Total Cashflows From Investing Activities-859.05M-112.23M-2.17B-4.83B
Dividends Paid-168.66M-33.73M-70.28M-67.46M
Net Borrowings-2.73B-787.71M1.8B4.11B
Other Cashflows From Financing Activities-553.37M-616.07M-570.02M-302.9M
Total Cash From Financing Activities-3.45B-1.44B1.16B3.82B
Change In Cash2.39M-1.04M-26.26M26.5M