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).

SKC 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 SkyCity Entertainment Group Limited (SKC), the free cash flow value is -8.94M.

All amounts in NZD

Operating Cash
Capital Expenditure
Free Cash Flow

SkyCity Entertainment Group 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).

SKC Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for SkyCity Entertainment Group Limited (NZX:SKC).

30 Jun 2022 30 Jun 2021 30 Jun 2020 30 Jun 2019
Net Income -33.59M 155.83M 235.39M 144.58M
Depreciation 84.2M 77.6M 74.08M 72.29M
Change To Netincome 85.76M 8.8M -136.14M 44.26M
Change To Account Receivables 7.58M 8.85M 7.04M -25.91M
Change To Liabilities -13.98M -12.29M -33.29M 20.25M
Change To Inventory -341k -559k -169k 1.11M
Change To Operating Activities -28.37M 18.38M -24.29M -23.09M
Total Cash From Operating Activities 91.12M 284.79M 120.17M 252.32M
Capital Expenditures -100.06M -171.67M -326.88M -303.65M
Investments -42.14M -42.14M -42.14M -42.14M
Other Cashflows From Investing Activities 118.68M -77.51M 119.18M 184.86M
Total Cashflows From Investing Activities -31.68M -251.58M -99.27M -116.48M
Dividends Paid -53.08M -53.08M -133.29M -127.1M
Net Borrowings 26.79M -63.11M 11.22M 28M
Other Cashflows From Financing Activities -34.44M -21.07M -43.77M -34.25M
Total Cash From Financing Activities -60.68M -37.49M -8.25M -170.22M
Change In Cash -1.24M -4.28M 12.65M -34.38M
Issuance Of Stock 41k 46.68M 177.6M 397k