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 13.02M.

All amounts in NZD

Operating Cash
74.72M
Capital Expenditure
-61.7M
Free Cash Flow
13.02M

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 202130 Jun 202030 Jun 201930 Jun 2018
Net Income62.17M65.43M46.8M46.84M
Depreciation23M21.63M20.47M15.09M
Change To Netincome-1.29M1.83M734k9.19M
Change To Account Receivables-2.21M-1.8M2.63M-6.68M
Change To Liabilities1.02M-4.43M-572k3.62M
Change To Inventory-6.53M-1.56M-10.45M-13.75M
Total Cash From Operating Activities74.72M84.31M59.56M57.77M
Capital Expenditures-61.7M-28.64M-32.24M-47.59M
Other Cashflows From Investing Activities1k1k4k1k
Total Cashflows From Investing Activities-62.13M-29.01M-32.55M-45.98M
Dividends Paid-17.21M-17.2M-15.17M-13.15M
Net Borrowings-1.02M-28.11M-10.45M827k
Total Cash From Financing Activities-18.23M-46.3M-25.62M-12.32M
Effect Of Exchange Rate-173k111k-10k316k
Change In Cash-5.81M9.11M1.38M-215k