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