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).

GXH 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 Green Cross Health Limited (GXH), the free cash flow value is 61.74M.

All amounts in NZD

Operating Cash
65.83M
Capital Expenditure
-4.09M
Free Cash Flow
61.74M

Green Cross Health 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).

GXH Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Green Cross Health Limited (NZX:GXH).

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Income24.56M16.75M13.49M16.11M
Depreciation23.61M21.26M21.66M6.04M
Change To Netincome19.41M6.76M14.89M1.36M
Change To Account Receivables-8.38M4.17M-7.03M655k
Change To Liabilities7.12M15.53M10.68M3.49M
Change To Inventory-1.78M4.33M-1.92M1.4M
Total Cash From Operating Activities65.83M70.94M54.3M31.44M
Capital Expenditures-4.09M-4.97M-7.26M-8.95M
Investments-2.85M-128k-26k-26k
Total Cashflows From Investing Activities-24.88M-13.08M-10.84M-11.63M
Dividends Paid-4.31M-4.31M-10.04M-10.04M
Net Borrowings-16.76M-46.6M-6.42M-105k
Other Cashflows From Financing Activities-8.22M-7.74M-9.8M-3.98M
Total Cash From Financing Activities-29.29M-54.33M-26.26M-14.12M
Change In Cash7.85M3.4M17.25M5.9M