Citizens Financial 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 Citizens Financial Corp. generated cash of $7,558,690, which is more than the previous year. Cash used in financing activities reached the amount of $52,054,696 last year. Net change in cash is therefore -$17,896,822.
Cash Flow
| 2014 | 1.66M | -5.01M | 8.29M |
|---|---|---|---|
| 2015 | 1.82M | -17.11M | 2.03M |
| 2019 | 4.60M | -8.91M | 17.63M |
| 2020 | 4.47M | -25.33M | 33.99M |
| 2021 | 6.36M | -9.37M | 65.19M |
| 2022 | 7.17M | -171.89M | 95.50M |
| 2023 | 7.55M | -77.51M | 52.05M |
CIWV Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 29.11M | 98.32M | 36.13M | 0 | 0 | 24.86M | 19.91M |
Operating activities | |||||||
Net income | 6.24M | 6.53M | 5.79M | 4.30M | 3.09M | 1.45M | 2.09M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 650.98K | 832.40K | 528.42K | 579.95K | 719.74K | 392.53K | 174.19K |
Stock-based compensation expense | 120.80K | 61.68K | 92.72K | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 120.80K | 61.68K | 92.72K | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | -631.34K | -460.52K | -134.9K | -208.55K | 0 | 6.02K | 6.54K |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 7.55M | 7.17M | 6.36M | 4.47M | 4.60M | 1.82M | 1.66M |
Investing activities | |||||||
Purchases Of Investments | 0 | -57.84M | -72.38M | -4.06M | -10.49M | 0 | 0 |
Investments In Property Plant And Equipment | -1.80M | -4.34M | -501.02K | -245.89K | -1.33M | -193.99K | -423.43K |
Acquisitions Net | 0 | 2.27M | 90.58M | -197.15K | -134.63K | -160K | -80K |
Cash generated by investing activities | -77.51M | -171.89M | -9.37M | -25.33M | -8.91M | -17.11M | -5.01M |
Financing activities | |||||||
Common Stock Issued | 0 | 0 | -8.05M | 2.43M | 0 | 0 | 0 |
Payments for dividends | -1.45M | -1.42M | -1.20M | -1.08M | -1.06M | -613.74K | -326.68K |
Repurchases of common stock | -33.47K | -87.38K | -93.06K | -70.39K | -43.13K | -108.29K | -104.52K |
Repayments of term debt | -5.04M | -2.77M | -8.64M | -1.36M | 1.87M | 1.78M | -347.28K |
Cash used in financing activities | 52.05M | 95.50M | 65.19M | 33.99M | 17.63M | 2.03M | 8.29M |
Net Change In Cash | -17.89M | -69.21M | 62.18M | 36.13M | 13.32M | -13.24M | 4.94M |
Cash at end of period | 11.21M | 29.11M | 98.32M | 36.13M | 13.32M | 11.61M | 24.86M |