Comet Industries 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 Comet Industries Ltd. generated cash of -$710,983, which is less than the previous year. Cash used in financing activities reached the amount of -$695,408 last year. Net change in cash is therefore $7,799,899.
Cash Flow
| 2013 | 75.40K | 0 | -61.70K |
|---|---|---|---|
| 2016 | 31.61K | -606.27K | 377.24K |
| 2018 | 64.59K | -2.26K | -46.78K |
| 2020 | 51.79K | 0 | -38.89K |
| 2021 | -6.38K | 0 | 247.34K |
| 2023 | -52.90K | 0 | -42.82K |
| 2024 | -710.98K | 9.20M | -695.40K |
CMU.V Cash Flow Statement (2013 – 2023)
| 2023 | 2022 | 2020 | 2019 | 2017 | 2015 | 2013 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 730.98K | 826.70K | 70.40K | 57.50K | 72.06K | 254.37K | 23.83K |
Operating activities | |||||||
Net income | 8.14M | -121.14K | -67.93K | 50.03K | -112 | 58.13K | 22.74K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 500 | 1.06K | 1.17K | 1.23K | 1.37K | 1.76K | 2.71K |
Stock-based compensation expense | 261.88K | 0 | 0 | 0 | 0 | 102.00K | 0 |
| Deferred income tax benefit | 261.88K | 0 | 0 | 0 | 0 | 102.00K | 0 |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | 0 | 0 | 177 | -4.82K | 4.47K | 4.51K | 5.98K |
Inventories | 0 | 0 | -55.08K | 17.24K | 0 | 0 | 0 |
Accounts payable | 6.06K | 17.30K | 55.08K | -17.24K | 34.00K | 8.93K | 0 |
Cash generated by operating activities | -710.98K | -52.90K | -6.38K | 51.79K | 64.59K | 31.61K | 75.40K |
Investing activities | |||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | -2.26K | -606.27K | 0 |
Investments In Property Plant And Equipment | -18K | 0 | 0 | 0 | 0 | 0 | 0 |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | 9.20M | 0 | 0 | 0 | -2.26K | -606.27K | 0 |
Financing activities | |||||||
Common Stock Issued | 0 | 0 | 300K | 0 | 0 | 415K | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -695.40K | -42.82K | -52.65K | -38.89K | -46.78K | -37.75K | -61.70K |
Cash used in financing activities | -695.40K | -42.82K | 247.34K | -38.89K | -46.78K | 377.24K | -61.70K |
Net Change In Cash | 7.79M | -95.72K | 240.95K | 12.89K | 15.54K | -197.42K | 13.70K |
Cash at end of period | 8.53M | 730.98K | 311.35K | 70.40K | 87.60K | 56.95K | 37.54K |