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).

SKT 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 SKY Network Television Limited (SKT), the free cash flow value is 99.83M.

All amounts in NZD

Operating Cash
Capital Expenditure
Free Cash Flow

SKY Network Television 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).

SKT Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for SKY Network Television Limited (NZX:SKT).

30 Jun 2022 30 Jun 2021 30 Jun 2020 30 Jun 2019
Net Income 62.15M 43.96M -156.98M -608.16M
Depreciation 59.77M 74.67M 89.99M 70.94M
Change To Netincome -51k -6.51M 171.7M 703.81M
Change To Account Receivables 229k -9.28M 10.13M -65k
Change To Liabilities -3.76M -39.24M 17.63M 5.36M
Change To Inventory -19.52M 5.05M -5.06M -16.8M
Total Cash From Operating Activities 119.64M 101.17M 157.3M 178.03M
Capital Expenditures -19.81M -25.66M -27.47M -66.31M
Total Cashflows From Investing Activities 17.9M -38.15M -74.63M -69.78M
Net Borrowings -33.28M -138.67M -125.99M -41.49M
Other Cashflows From Financing Activities -138k -224k -7.38M -246k
Total Cash From Financing Activities -33.42M -138.9M 23.72M -108.66M
Change In Cash 104.12M -75.88M 106.39M -411k