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).

## GWC 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 Goodwood Capital Limited (GWC), the free cash flow value is -127960.

All amounts in NZD

Operating Cash
-127.96k
Capital Expenditure
-
Free Cash Flow
-127960

Goodwood Capital Limited has a negative 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).

## GWC Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Goodwood Capital Limited (NZX:GWC).

31 Mar 2021 31 Mar 2020 31 Mar 2019 31 Mar 2018
Net Income -319.29k 54.92k -1.06M -266.9k
Change To Netincome 485.76k -78.1k -425.99k 389.96k
Change To Account Receivables -27.3k -27.3k 1.95M 1.4M
Change To Liabilities -267.12k 15k -1.51M -1.6M
Total Cash From Operating Activities -127.96k -8.18k -654.04k -27.49k
Total Cash From Financing Activities 177.67k 177.67k -539.61k 535.29k
Change In Cash 49.71k -8.18k -1.07M 510.92k
Issuance Of Stock 177.67k 177.67k 55k 110k