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).

PFI 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 Property For Industry Limited (PFI), the free cash flow value is 56.13M.

All amounts in NZD

Operating Cash
56.12M
Capital Expenditure
-
Free Cash Flow
56.13M

Property For Industry 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).

PFI Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Property For Industry Limited (NZX:PFI).

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Net Income 452.81M 113.45M 176.29M 110.09M
Depreciation 181k 173k 124k 55k
Change To Netincome -399.01M -65.54M -131.71M -65.13M
Change To Account Receivables -351k -3.07M -977k -689k
Change To Liabilities 2.19M -236k 587k 583k
Total Cash From Operating Activities 56.12M 35.16M 48.37M 53.75M
Other Cashflows From Investing Activities 900k 5.24M 1.12M 1.12M
Total Cashflows From Investing Activities -140.61M -77.75M -25.6M -43.15M
Dividends Paid -27.07M -31.38M -37.65M -37.9M
Net Borrowings 111.25M 74.19M 14.42M 28.35M
Total Cash From Financing Activities 84.17M 42.81M -23.24M -9.55M
Change In Cash -311k 229k -467k 1.05M