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).

## RYM 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 Ryman Healthcare Limited (RYM), the free cash flow value is 251.68M.

All amounts in NZD

Operating Cash
585.98M
Capital Expenditure
-334.29M
Free Cash Flow
251.68M

Ryman Healthcare 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).

## RYM Cash Flow Statement History

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

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Net Income 692.87M 423.06M 264.71M 325.99M
Depreciation 30.59M 27.23M 25.01M 20.52M
Change To Netincome -712.61M -433.37M -235.69M -288.15M
Change To Account Receivables -129.02M -92.56M -81.12M 12.67M
Change To Liabilities 18.61M 12.36M 11.96M 8.05M
Change To Inventory 390k -26.74M -26.74M -26.74M
Change To Operating Activities 680.03M 498M 461.31M 319.74M
Total Cash From Operating Activities 585.98M 413.12M 449.79M 401.43M
Capital Expenditures -334.29M -256.6M -300.09M -181.25M
Other Cashflows From Investing Activities -4.28M -917k -2.07M -2.32M
Total Cashflows From Investing Activities -787.31M -844.48M -713.48M -554.67M
Dividends Paid -112M -107.5M -117M -108.5M
Net Borrowings 324.25M 527.69M 419.96M 266.72M
Total Cash From Financing Activities 209.47M 417.16M 298.07M 153.25M
Change In Cash 8.14M -14.2M 34.37M 34.37M
Repurchase Of Stock -2.79M -3.03M -4.89M -4.97M