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).

DGL 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 Delegat Group Limited (DGL), the free cash flow value is 27.87M.

All amounts in NZD

Operating Cash
Capital Expenditure
Free Cash Flow

Delegat 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).

DGL Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Delegat Group Limited (NZX:DGL).

30 Jun 2022 30 Jun 2021 30 Jun 2020 30 Jun 2019
Net Income 63.01M 61.92M 65.43M 46.8M
Depreciation 22.99M 22.34M 21.63M 20.47M
Change To Netincome 3.04M -1.33M 1.83M 734k
Change To Account Receivables -10.13M -2.21M -1.8M 2.63M
Change To Liabilities 12.54M 1.02M -4.43M -572k
Change To Inventory -24.62M -6.53M -1.56M -10.45M
Total Cash From Operating Activities 65.64M 74.28M 84.31M 59.56M
Capital Expenditures -37.77M -61.14M -28.64M -32.24M
Other Cashflows From Investing Activities 1k 1k 1k 4k
Total Cashflows From Investing Activities -38.01M -61.69M -29.01M -32.55M
Dividends Paid -20.23M -17.21M -17.2M -15.17M
Net Borrowings -10.94M -1.02M -28.11M -10.45M
Other Cashflows From Financing Activities -965k -965k -989k -989k
Total Cash From Financing Activities -32.13M -18.23M -46.3M -25.62M
Effect Of Exchange Rate 669k -173k 111k -10k
Change In Cash -3.83M -5.81M 9.11M 1.38M