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).

AGL 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 Accordant Group Limited (AGL), the free cash flow value is 9.86M.

All amounts in NZD

Operating Cash
10.48M
Capital Expenditure
-619k
Free Cash Flow
9.86M

Accordant Group 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).

AGL Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Accordant Group Limited (NZX:AGL).

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Income3M6.32M2.68M2.01M
Depreciation4.94M5.05M5.84M3.1M
Change To Netincome320k5.53M-43k694k
Change To Account Receivables-2.45M29.85M-18M7.87M
Change To Liabilities4.25M-25.95M18.63M-4.3M
Total Cash From Operating Activities10.48M21.89M9.89M9.48M
Capital Expenditures-619k-1.42M-899k-1.61M
Other Cashflows From Investing Activities-1.39M-1.5M-616k-616k
Total Cashflows From Investing Activities-1.98M-2.79M-6.75M-2.55M
Dividends Paid-5.17M-5.17M-5.58M-5.41M
Net Borrowings649k-23.48M561k-3M
Total Cash From Financing Activities-5.33M-23.48M-3.32M-6.84M
Change In Cash3.18M-4.38M-179k88k
Repurchase Of Stock-804k-804k-804k-804k