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 2.28M.

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 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Net Income 2.93M 15.95M -14.69M 3.8M
Change To Netincome 795k -10.01M 18.55M 2.23M
Change To Account Receivables -701k -965k 806k -128k
Change To Liabilities -231k -161k -734k -1.25M
Change To Operating Activities 263k -117k -117k -117k
Total Cash From Operating Activities 2.28M 4.96M 5.93M 3.78M
Investments -1.2M -1.51M -1.51M -1.51M
Other Cashflows From Investing Activities -5k 1.42M 1.42M -4k
Total Cashflows From Investing Activities -41.56M -15.88M -39.27M 37.16M
Dividends Paid -5.74M -4.02M -5.84M -5.83M
Net Borrowings 46.3M -39.85M 38.75M -34M
Total Cash From Financing Activities 40.56M 13.93M 32.65M -40.63M
Change In Cash 1.28M 3.01M -683k 309k