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).

KFL 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 Kingfish Limited (KFL), the free cash flow value is 3.21M.

All amounts in NZD

Operating Cash
3.21M
Capital Expenditure
-
Free Cash Flow
3.21M

Kingfish 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).

KFL Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Kingfish Limited (NZX:KFL).

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Income-17.31M142.71M1.74M47.06M
Change To Netincome31.67M-201.57M-43.41M-15.12M
Change To Account Receivables-3.15M2.02M10.42M-8.49M
Change To Liabilities-8.01M8.54M-2.58M
Total Cash From Operating Activities3.21M-48.3M-33.83M23.26M
Dividends Paid-28.7M-21.49M-18.52M-14.19M
Other Cashflows From Financing Activities-30k-30k-30k-19k
Total Cash From Financing Activities-28.73M63.33M33.05M-14.75M
Change In Cash-25.52M15.04M-781k8.51M