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).

MFT 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 Mainfreight Limited (MFT), the free cash flow value is 272.23M.

All amounts in NZD

Operating Cash
376.28M
Capital Expenditure
-104.05M
Free Cash Flow
272.23M

Mainfreight 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).

MFT Cash Flow Statement History

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

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Net Income188.11M159.2M137.62M107.68M
Depreciation165.73M154.2M39.08M35.65M
Change To Netincome-4.11M-22.38M367k-2.65M
Change To Account Receivables-68.41M-31.46M-27.64M-46.85M
Change To Liabilities95.87M36.3M28.51M46.01M
Change To Operating Activities-26M-8.18M2.95M-11.41M
Total Cash From Operating Activities376.28M300.8M197.42M140.24M
Capital Expenditures-104.05M-143.29M-87.67M-51.51M
Other Cashflows From Investing Activities-2k-2k5k203k
Total Cashflows From Investing Activities-118.55M-155.03M-89.17M-64.73M
Dividends Paid-64.45M-59.41M-48.34M-43.3M
Net Borrowings-163.14M-92.51M-26.43M-26.47M
Total Cash From Financing Activities-227.59M-151.92M-74.77M-69.77M
Effect Of Exchange Rate-6.72M7.11M1.22M380k
Change In Cash23.42M954k34.7M6.12M