ASA Gold and Precious Metals Limited (ASA) Cash Flow Statement

NYSE: ASAOperating cash, capex, free cash flow and buybacks.

Where ASA’s cash came from and went, FY2021

November 30, 2021 · U.S. dollars

Cash from operations: $18.3M
Capital expenditures: $0
Free cash flow: $18.3M
Returned to shareholders: $385,800
Change in cash: $18.0M

Cash from operations

$18.3M

Dividends

−$385,800

Change in cash

$18.0M

Drawn to scale: where the cash came from and how it was used. Hover for values.

ASA operating cash flow, capex and free cash flow

Operating cash flowCapital expendituresFree cash flowFCF margin (right axis)

ASA cash flow trends, FY2015–FY2021

ASA Gold and Precious Metals Limited cash flow trends
Metric	Then	Latest	Change
Operating cash flow	−$60.3MFY2015	$18.3MFY2021	—
Capital expenditures	$0FY2015	$0FY2021	—
Free cash flow	−$60.3MFY2015	$18.3MFY2021	—
Free cash flow margin	−1,450.0%FY2015	94.8%FY2021	+1,544.8 pts
Operating cash flow / net income	1.00FY2016	1.00FY2021	0.00
Dividends paid	$771,600FY2015	$385,800FY2021	−10.9%/yr
Capex / revenue	0.0%FY2015	0.0%FY2021	0.0 pts

Change is the average annual growth (CAGR) or the difference between the first and latest year.

ASA cash flow by activity

OperatingInvestingFinancingChange in cash

ASA net income vs operating cash flow

Net incomeOperating cash flow

Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).

ASA cash flow statement

ASA Gold and Precious Metals Limited annual cash flow statement
	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015
Operating activities
Net income	$18.3M	$178.4M	$91.4M	−$48.8M	$1.7M	$83.3M	−$60.3M
Depreciation & amortization	—	—	—	—	$2,527	$2,527	$2,527
Change in working capital	$18.3M	$178.4M	$91.4M	−$48.8M	$1.7M	$83.3M	−$60.3M
Other non-cash items	−$18.3M	−$178.4M	−$91.4M	$48.8M	−$1.7M	−$83.3M	$60.3M
Cash from operating activities	$18.3M	$178.4M	$91.4M	−$48.8M	$1.7M	$83.3M	−$60.3M
Investing activities
Capital expenditures	$0	$0	$0	$0	$0	$0	$0
Financing activities
Dividends paid	−$385,800	−$385,800	−$385,800	−$578,700	−$771,600	−$771,600	−$771,600
Shares issued	$0	$0	$0	$0	$0	$0	$0
Other financing	$0	$0	$0	$0	$0	$0	$0
Cash from financing activities	−$385,800	−$385,800	−$385,800	−$578,700	−$771,600	−$771,600	−$771,600
Summary
Net change in cash	$18.0M	−$4.7M	$91.0M	−$49.4M	$972,290	$82.5M	−$61.1M
Cash at end of period	$1.3M	$1.3M	$94.4M	−$45.7M	$5.3M	$85.2M	−$56.1M
Free cash flow	$18.3M	$178.4M	$91.4M	−$48.8M	$1.7M	$83.3M	−$60.3M
Free cash flow margin	94.8%	99.3%	97.6%	—	—	—	−1,450.0%
Capex / revenue	0.0%	0.0%	0.0%	—	—	—	0.0%
Operating cash flow / net income	1.00	1.00	1.00	—	1.00	1.00	—

Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported; data from EODHD.

ASA cash generation

In fiscal 2021 (ended November 30, 2021), ASA Gold and Precious Metals generated $18.3 million of cash from operations (down 89.7%) and spent $0 on capital expenditures, leaving free cash flow of $18.3 million, 94.8% of revenue. It returned $0.4 million to shareholders through dividends ($0.4 million) and net share buybacks ($0). Cash and equivalents rose by $18.0 million over the year.

Related: ASA income statement, ASA balance sheet, ASA dividend history. See the ASA stock overview for the latest quote and news.

ASA cash flow FAQ

What is ASA Gold and Precious Metals's free cash flow?

ASA Gold and Precious Metals's free cash flow was $18.3 million in fiscal 2021: $18.3 million of operating cash flow minus $0 of capital expenditures It was $178.4 million a year earlier..

How much cash does ASA Gold and Precious Metals generate from operations?

ASA Gold and Precious Metals generated $18.3 million of cash from operating activities in fiscal 2021, 1.00 times its net income of $18.3 million.

How much does ASA Gold and Precious Metals pay in dividends?

ASA Gold and Precious Metals paid $0.4 million in dividends in fiscal 2021, 2.1% of free cash flow.