CECO Environmental Corp.
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 CECO Environmental Corp. generated cash of $44,647,000, which is more than the previous year. Cash used in financing activities reached the amount of $21,144,000 last year. Net change in cash is therefore $8,863,000.
Cash Flow
| 2014 | 16.26M | -37.81M | 18.25M |
|---|---|---|---|
| 2015 | 12.63M | -35.03M | 38.92M |
| 2016 | 69.59M | -419K | -55.83M |
| 2017 | 6.57M | -660K | -22.71M |
| 2018 | 21.95M | 38.25M | -44.9M |
| 2019 | 10.22M | -5.14M | -12.11M |
| 2020 | 4.42M | -9.23M | 3.72M |
| 2021 | 13.29M | -2.08M | -15.55M |
| 2022 | 29.64M | -48.25M | 38.17M |
| 2023 | 44.64M | -56.48M | 21.14M |
CECO Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 46.58M | 31.99M | 37.81M | 36.95M | 44.43M | 30.65M | 45.82M | 34.19M | 18.16M | 22.66M |
Operating activities | ||||||||||
Net income | 12.91M | 18.26M | 1.98M | 8.17M | 17.70M | -7.12M | -3.02M | -38.25M | -5.73M | 13.07M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 12.50M | 10.61M | 9.85M | 9.92M | 10.60M | 13.27M | 16.08M | 18.90M | 16.52M | 11.26M |
Stock-based compensation expense | 4.53M | 3.89M | 3.33M | 1.75M | 2.66M | 3.18M | 1.76M | 2.28M | 2.07M | 1.65M |
| Deferred income tax benefit | 4.53M | 3.89M | 3.33M | 1.75M | 2.66M | 3.18M | 1.76M | 2.28M | 2.07M | 1.65M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -21.81M | -6.75M | -13.16M | 8.36M | -15.61M | -6.08M | 14.10M | 13.29M | -15.60M | 2.49M |
Inventories | -6.89M | -6.02M | -203K | 4.36M | -207K | -1.70M | 887K | 9.44M | -3.47M | 1.99M |
Accounts payable | 13.85M | 22.53M | 440K | 336K | -4.02M | 21.32M | -15.84M | -6.59M | -8.58M | 1.46M |
Cash generated by operating activities | 44.64M | 29.64M | 13.29M | 4.42M | 10.22M | 21.95M | 6.57M | 69.59M | 12.63M | 16.26M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -8.38M | -3.37M | -2.61M | -3.94M | -5.65M | -3.09M | -1.02M | -1.07M | -763K | -1.15M |
Acquisitions Net | -48.10M | -44.9M | 533K | -5.89M | 509K | 35.05M | 368K | 657K | -37.48M | -44.39M |
Cash generated by investing activities | -56.48M | -48.25M | -2.08M | -9.23M | -5.14M | 38.25M | -660K | -419K | -35.03M | -37.81M |
Financing activities | ||||||||||
Common Stock Issued | 1.43M | 0 | 230K | 0 | 76K | 54K | 1.35M | 16.06M | 205K | 34.39M |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | -7.79M | -8.99M | -7.97M | -5.93M |
Repurchases of common stock | 0 | -7.02M | -5.01M | 0 | 0 | 0 | 0 | -188K | 0 | -973K |
Repayments of term debt | 25.10M | 46.08M | -60.44M | -92.27M | -11.07M | -45.75M | -9.61M | -56.58M | 51.57M | -8.86M |
Cash used in financing activities | 21.14M | 38.17M | -15.55M | 3.72M | -12.11M | -44.9M | -22.71M | -55.83M | 38.92M | 18.25M |
Net Change In Cash | 8.86M | 14.59M | -5.81M | 853K | -7.48M | 13.77M | -15.92M | 11.63M | 16.03M | -3.29M |
Cash at end of period | 55.44M | 46.58M | 31.99M | 37.81M | 36.95M | 44.43M | 29.90M | 45.82M | 34.19M | 19.36M |