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).

OCA 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 Oceania Healthcare Limited (OCA), the free cash flow value is -6.97M.

All amounts in NZD

Operating Cash
Capital Expenditure
Free Cash Flow

Oceania Healthcare Limited has a negative 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).

OCA Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Oceania Healthcare Limited (NZX:OCA).

31 Mar 2022 31 Mar 2021 31 May 2020 31 May 2019
Net Income 61.13M 102.82M -13.64M 45.37M
Depreciation 18.18M 16.03M 14.44M 9.44M
Change To Netincome 14.43M -8.48M 101.02M 29.42M
Change To Account Receivables 13.11M -2.73M -2.6M 290k
Change To Liabilities -1.76M 7.29M 90k 4.69M
Total Cash From Operating Activities 105.53M 115.14M 99.37M 89.32M
Capital Expenditures -112.5M -43.42M -40.47M -72.89M
Total Cashflows From Investing Activities -218.82M -122.63M -135.98M -153.77M
Dividends Paid -19.42M -7.56M -22.23M -28.41M
Net Borrowings 44.22M -1.66M 54.31M 96.68M
Other Cashflows From Financing Activities -1.67M -4.56M -607k -645k
Total Cash From Financing Activities 43.13M 82.22M 31.48M 68.93M
Change In Cash -70.16M 74.74M -5.14M 4.47M
Issuance Of Stock 20M 96M 96M 1.3M