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
Capital Expenditure
Free Cash Flow

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 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Net Income -17.31M 142.71M 1.74M 47.06M
Change To Netincome 31.67M -201.57M -43.41M -15.12M
Change To Account Receivables -3.15M 2.02M 10.42M -8.49M
Change To Liabilities -8.01M 8.54M -2.58M
Total Cash From Operating Activities 3.21M -48.3M -33.83M 23.26M
Dividends Paid -28.7M -21.49M -18.52M -14.19M
Other Cashflows From Financing Activities -30k -30k -30k -19k
Total Cash From Financing Activities -28.73M 63.33M 33.05M -14.75M
Change In Cash -25.52M 15.04M -781k 8.51M