AKITA Drilling Ltd.
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of AKITA Drilling Ltd. generated cash of $35,567,000, which is more than the previous year. Cash used in financing activities reached the amount of -$25,162,000 last year. Net change in cash is therefore -$2,124,000.
Cash Flow
| 2014 | 40.62M | -66.10M | 13.49M |
|---|---|---|---|
| 2015 | 41.50M | -8.04M | -26.10M |
| 2016 | 11.89M | -811K | -6.2M |
| 2017 | 5.07M | -12.61M | -6.14M |
| 2018 | -8.49M | -50.88M | 60.10M |
| 2019 | 21.55M | -11.78M | -11.26M |
| 2020 | 22.86M | -4.98M | -11.30M |
| 2021 | -3.46M | -11.80M | 10.19M |
| 2022 | 18.19M | -13.59M | 5.97M |
| 2023 | 35.56M | -11.98M | -25.16M |
AKT-A.TO Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 13.31M | 1.77M | 7.10M | 0 | 1.50M | 560K | 14.25M | 9.36M | 2.01M | 13.99M |
Operating activities | ||||||||||
Net income | 18.41M | 4.28M | -20.99M | -93.27M | -19.87M | -15.93M | -39.17M | 5.32M | -33.96M | 21.07M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 28.51M | 30.26M | 28.83M | 32.68M | 36.76M | 26.61M | 27.12M | 23.95M | 36.74M | 30.2M |
Stock-based compensation expense | 387K | 250K | 255K | 182K | 120K | 230K | 381K | 402K | 509K | 463K |
| Deferred income tax benefit | 387K | 250K | 255K | 182K | 120K | 230K | 381K | 402K | 509K | 463K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.36M |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 35.56M | 18.19M | -3.46M | 22.86M | 21.55M | -8.49M | 5.07M | 11.89M | 41.50M | 40.62M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -24.59M | -17.98M | -16.41M | -7.59M | -15.23M | -17.54M | -20.56M | -13.19M | -17.96M | -103.94M |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | -43.92M | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -11.98M | -13.59M | -11.80M | -4.98M | -11.78M | -50.88M | -12.61M | -811K | -8.04M | -66.10M |
Financing activities | ||||||||||
Common Stock Issued | 26K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | -10.10M | -7.94M | -6.1M | -6.1M | -6.10M | -6.01M |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -390K |
Repayments of term debt | -24M | 6.21M | -1.32M | -1.18M | -1.16M | -68.88M | 0 | 0 | -20M | 0 |
Cash used in financing activities | -25.16M | 5.97M | 10.19M | -11.30M | -11.26M | 60.10M | -6.14M | -6.2M | -26.10M | 13.49M |
Net Change In Cash | -2.12M | 11.53M | -5.33M | 7.10M | -1.50M | 943K | -13.69M | 4.88M | 7.35M | -11.98M |
Cash at end of period | 11.18M | 13.31M | 1.77M | 7.10M | 0 | 1.50M | 560K | 14.25M | 9.36M | 2.01M |
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