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 24.58M.

All amounts in NZD

Operating Cash
30.37M
Capital Expenditure
-5.79M
Free Cash Flow
24.58M

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 202131 Mar 202031 Mar 201931 Mar 2018
Net Income8.54M-78.86M5.04M16.28M
Depreciation19.28M20.41M12.56M12.4M
Change To Netincome-3.48M86.78M4.56M4.96M
Change To Account Receivables1.24M4.55M481k481k
Change To Liabilities-2.69M1.74M-612k
Change To Inventory2.07M2.6M504k504k
Change To Operating Activities6.59M-7.26M-365k-365k
Total Cash From Operating Activities30.37M31.57M23.65M33.64M
Capital Expenditures-5.79M-8.83M-7.09M-19.97M
Total Cashflows From Investing Activities-3.83M-9.47M-7.81M-20.56M
Net Borrowings-33.75M-12.93M-1.15M-3M
Total Cash From Financing Activities-33.75M-12.79M-6.81M-16.71M
Effect Of Exchange Rate-7k-65k-46k-112k
Change In Cash-7.21M9.25M8.98M-3.75M