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).

MPG 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 Metro Performance Glass Limited (MPG), the free cash flow value is 2.85M.

All amounts in NZD

Operating Cash
Capital Expenditure
Free Cash Flow

Metro Performance Glass 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).

MPG Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Metro Performance Glass Limited (NZX:MPG).

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Net Income -459k 8.11M -78.86M 5.04M
Depreciation 18.14M 19.28M 20.41M 12.56M
Change To Netincome -1.68M -4.46M 86.78M 4.56M
Change To Account Receivables -420k 1.24M 4.55M 481k
Change To Liabilities 2.35M -2.69M 1.74M -612k
Change To Inventory -5.07M 2.07M 2.6M 504k
Change To Operating Activities -167k 6.59M -7.26M -365k
Total Cash From Operating Activities 13.25M 28.85M 31.57M 23.65M
Capital Expenditures -10.4M -5.79M -8.83M -7.09M
Total Cashflows From Investing Activities -10.13M -2.3M -9.47M -7.81M
Net Borrowings 2.51M -33.75M -12.93M -1.15M
Total Cash From Financing Activities 2.51M -33.75M -12.79M -6.81M
Effect Of Exchange Rate -104k -7k -65k -46k
Change In Cash 5.53M -7.21M 9.25M 8.98M