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).

JLG 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 Just Life Group Limited (JLG), the free cash flow value is 1.74M.

All amounts in NZD

Operating Cash
Capital Expenditure
Free Cash Flow

Just Life 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).

JLG Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Just Life Group Limited (NZX:JLG).

30 Jun 2022 30 Jun 2021 30 Jun 2020 30 Jun 2019
Net Income 2.27M 3.31M 2.93M 1.91M
Depreciation 2.52M 2.04M 2.06M 2.28M
Change To Netincome 602k -1k 919k 2k
Change To Account Receivables -619k 332k 61k -63k
Change To Liabilities 542k -942k -321k 512k
Change To Inventory -2.56M 1.59M -545k -550k
Total Cash From Operating Activities 3.04M 6.7M 5.62M 4.73M
Capital Expenditures -1.31M -733k -975k -1.81M
Total Cashflows From Investing Activities -3.42M -19.93M -1.16M -2.16M
Dividends Paid -1.39M -574k -1.55M -1.89M
Net Borrowings 1.52M 10.07M -2.92M -36k
Total Cash From Financing Activities 133k 13.55M -4.46M -1.93M
Change In Cash -243k 315k -4k 644k