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 65.97M.

All amounts in NZD

Operating Cash
70.94M
Capital Expenditure
-4.97M
Free Cash Flow
65.97M

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 202131 Mar 202031 Mar 201931 Mar 2018
Net Income16.75M13.49M16.11M15.61M
Depreciation21.26M21.66M6.04M5.46M
Change To Netincome6.76M14.89M1.36M2.3M
Change To Account Receivables4.17M-7.03M655k-3.09M
Change To Liabilities15.53M10.68M3.49M11.4M
Change To Inventory4.33M-1.92M1.4M-211k
Total Cash From Operating Activities70.94M54.3M31.44M33.18M
Capital Expenditures-4.97M-7.26M-8.95M-11.78M
Investments-128k-26k-26k-1.05M
Total Cashflows From Investing Activities-13.08M-10.84M-11.63M-18.93M
Net Borrowings-46.6M-6.42M-105k-16.31M
Other Cashflows From Financing Activities-7.74M-9.8M-3.98M-2.26M
Total Cash From Financing Activities-54.33M-26.26M-14.12M-21.69M
Change In Cash3.4M17.25M5.9M-7.44M