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).

APL 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 Asset Plus Limited (APL), the free cash flow value is 4.96M.

All amounts in NZD

Operating Cash
Capital Expenditure
Free Cash Flow

Asset Plus 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).

APL Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Asset Plus Limited (NZX:APL).

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Net Income15.95M-14.69M3.8M3.1M
Change To Netincome-10.01M18.55M2.23M1.61M
Change To Account Receivables-965k806k-128k868k
Change To Liabilities-161k-734k-1.25M367k
Change To Operating Activities-117k-117k-117k-117k
Total Cash From Operating Activities4.96M5.93M3.78M6.46M
Total Cashflows From Investing Activities-15.88M-39.27M37.16M11.81M
Dividends Paid-4.02M-5.84M-5.83M-5.83M
Net Borrowings-39.85M38.75M-34M-14M
Other Cashflows From Financing Activities-2.44M-266k-798k-798k
Total Cash From Financing Activities13.93M32.65M-40.63M-19.83M
Change In Cash3.01M-683k309k-1.56M
Issuance Of Stock60.24M60.24M60.24M60.24M