Discontinued — last reported Q2 '23

Free Cash Flow

Free cash flow

Sachem Capital Corp. Free cash flow increased by 64.2% to $7.06M in Q2 2023 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementCash Flow Statement
SectionFree Cash Flow
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ2 2023Aug 14, 2024

How to read this metric

An increase suggests improved operational efficiency or reduced capital intensity, providing more flexibility for capital allocation. A decrease may indicate higher investment in R&D or infrastructure, or potential challenges in converting earnings into cash.

Detailed definition

Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...

Peer comparison

Large-cap medical device and pharmaceutical peers typically maintain strong, positive free cash flow, though levels vary based on the intensity of R&D spending and the lifecycle stage of major product lines.

Metric ID: free_cash_flow

Historical Data

9 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23
Value$2.61M$11.20M$10.43M$7.55M$0.00$4.60M$453.50K$4.30M$7.06M
QoQ Change+329.6%-6.9%-27.6%-100.0%-90.1%+847.8%+64.2%
YoY Change-100.0%-58.9%-95.7%-43.1%
Range$0.00$11.20M
CAGR+64.6%
Avg YoY Growth-74.4%
Median YoY Growth-77.3%
Current Streak2 quarters growth

Frequently Asked Questions

What is Sachem Capital Corp.'s free cash flow?
Sachem Capital Corp. (SACH) reported free cash flow of $7.06M in Q2 2023.
What does free cash flow mean?
The cash remaining after a company pays for its operating expenses and capital investments.