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 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