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).

SPG 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 Stride Property Group (SPG), the free cash flow value is 39.02M.

All amounts in NZD

Operating Cash
39.02M
Capital Expenditure
-
Free Cash Flow
39.02M

Stride Property Group 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).

SPG Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Stride Property Group (NZX:SPG).

31 Mar 2018 31 Mar 2017 31 Mar 2016 31 Mar 2015
Net Income 95.25M 53.33M 92.41M 68.83M
Depreciation 335k 233k 129k 108k
Change To Netincome -55.18M -22.6M -51.08M -44M
Change To Account Receivables -249k -941k -343k 130k
Change To Liabilities -1.17M 1.17M -417k 6.13M
Change To Operating Activities 81k 387k -261k -342k
Total Cash From Operating Activities 39.02M 34.93M 40.66M 32.27M
Other Cashflows From Investing Activities -13.68M 1.83M 1.83M -1.6M
Total Cashflows From Investing Activities 40.81M 28.75M -358.74M -41.8M
Dividends Paid -35.99M -37.5M -34.91M -27.86M
Net Borrowings -39.8M -25.3M 226.03M 37.38M
Total Cash From Financing Activities -75.79M -62.8M 318.73M 9.52M
Change In Cash 4.04M 875k 655k -9k