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).

SPN 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 South Port New Zealand Limited (SPN), the free cash flow value is -9.67M.

All amounts in NZD

Operating Cash
13.7M
Capital Expenditure
-23.37M
Free Cash Flow
-9.67M

South Port New Zealand 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).

SPN Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for South Port New Zealand Limited (NZX:SPN).

30 Jun 2022 30 Jun 2021 30 Jun 2020 30 Jun 2019
Net Income 12.83M 10.71M 9.43M 9.79M
Depreciation 4.36M 4.14M 3.9M 3.61M
Change To Netincome -2M -670k -84k 152k
Change To Account Receivables 2.04M 266k -765k -96k
Change To Liabilities -3.08M 2.91M 751k 48k
Change To Operating Activities -1.04M -1.87M -306k -306k
Total Cash From Operating Activities 13.7M 15.83M 12.3M 13.55M
Capital Expenditures -23.37M -11.12M -5.19M -6.15M
Total Cashflows From Investing Activities -23.34M -11.06M -5.13M -6.1M
Dividends Paid -7.08M -6.82M -6.82M -6.82M
Net Borrowings 16.4M 2.45M -548k -200k
Total Cash From Financing Activities 9.32M -4.37M -7.37M -7.02M
Change In Cash -324k 398k -197k 435k