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
Capital Expenditure
Free Cash Flow

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 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Net Income 3M 6.32M 2.68M 2.01M
Depreciation 4.94M 5.05M 5.84M 3.1M
Change To Netincome 320k 5.53M -43k 694k
Change To Account Receivables -2.45M 29.85M -18M 7.87M
Change To Liabilities 4.25M -25.95M 18.63M -4.3M
Total Cash From Operating Activities 10.48M 21.89M 9.89M 9.48M
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 Borrowings 649k -23.48M 561k -3M
Total Cash From Financing Activities -5.33M -23.48M -3.32M -6.84M
Change In Cash 3.18M -4.38M -179k 88k
Repurchase Of Stock -804k -804k -804k -804k