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