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).

## HLG 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 Hallenstein Glasson Holdings Limited (HLG), the free cash flow value is 53.54M.

All amounts in NZD

Operating Cash
61.43M
Capital Expenditure
-7.89M
Free Cash Flow
53.54M

Hallenstein Glasson Holdings 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).

## HLG Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Hallenstein Glasson Holdings Limited (NZX:HLG).

01 Aug 202101 Aug 202001 Aug 201901 Aug 2018
Net Income33.32M27.77M29.02M27.36M
Depreciation34.87M31.46M8.16M7.65M
Change To Netincome-808k-4.16M-2.09M390k
Change To Account Receivables1.58M2.8M-2.13M599k
Change To Liabilities-5.82M14.25M4.61M-787k
Change To Inventory-3.17M-626k-3.05M-354k
Total Cash From Operating Activities61.43M71.31M35.99M35.31M
Capital Expenditures-7.89M-11.84M-20.22M-9.31M
Other Cashflows From Investing Activities189k139k266k499k
Total Cashflows From Investing Activities-7.59M-6.9M-12.14M-8.32M
Dividends Paid-36.98M-14.32M-26.25M-22.07M
Net Borrowings-25.41M-16.99M-16.99M-16.99M
Total Cash From Financing Activities-64.28M-31.28M-24.8M-22.09M
Change In Cash-10.44M33.14M-947k4.9M
Repurchase Of Stock-1.96M-1.96M-1.96M-800k
Issuance Of Stock74k27k1.29M606k