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 20.47M.

All amounts in NZD

Operating Cash
21.9M
Capital Expenditure
-1.42M
Free Cash Flow
20.47M

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 202131 Mar 202031 Mar 201931 Mar 2018
Net Income6.2M2.68M2.01M5.05M
Depreciation5.06M5.84M3.1M3.11M
Change To Netincome5.48M-43k694k-96k
Change To Account Receivables29.79M-18M7.87M3.28M
Change To Liabilities-25.95M18.63M-4.3M966k
Change To Operating Activities211k-52k41k-17k
Total Cash From Operating Activities21.9M9.89M9.48M11.51M
Capital Expenditures-1.42M-899k-1.61M-482k
Other Cashflows From Investing Activities-1.5M-616k-616k-616k
Total Cashflows From Investing Activities-2.8M-6.75M-2.55M-484k
Net Borrowings-23.48M561k-3M2.5M
Total Cash From Financing Activities-23.48M-3.32M-6.84M-5.87M
Change In Cash-4.38M-179k88k5.15M