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