Covisint
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 Covisint generated cash of -$2,937,000, which is more than the previous year. Cash used in financing activities reached the amount of -$375,000 last year. Net change in cash is therefore -$6,454,000.
Cash Flow
| 2014 | -8.33M | -9.23M | 66.11M |
|---|---|---|---|
| 2015 | -4.69M | -7.46M | 12.98M |
| 2016 | -3.86M | -8.02M | 1.46M |
| 2017 | -2.93M | -3.04M | -375K |
COVS Cash Flow Statement (2014 – 2017)
| 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|
Cash at beginning of period | 39.68M | 50.07M | 49.53M | 966K |
Operating activities | ||||
Net income | -12.72M | -14.89M | -38.56M | -35.65M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||
Depreciation and amortization | 7.21M | 6.77M | 9.57M | 8.67M |
Stock-based compensation expense | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||
Accounts receivable, net | 4.70M | 2.47M | 6.37M | 3.61M |
Inventories | -33.78M | -37.16M | -66.59M | 0 |
Accounts payable | -2.75M | -4.15M | 4.91M | 1.54M |
Cash generated by operating activities | -2.93M | -3.86M | -4.69M | -8.33M |
Investing activities | ||||
Purchases Of Investments | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -229K | -3.81M | -3.95M | -3.54M |
Acquisitions Net | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -3.04M | -8.02M | -7.46M | -9.23M |
Financing activities | ||||
Common Stock Issued | 0 | 0 | 0 | 68.44M |
Payments for dividends | 0 | 0 | 0 | 0 |
Repurchases of common stock | -33.22M | -39.68M | -50.07M | -49.53M |
Repayments of term debt | 0 | 0 | 0 | 0 |
Cash used in financing activities | -375K | 1.46M | 12.98M | 66.11M |
Net Change In Cash | -6.45M | -10.39M | 541K | 48.57M |
Cash at end of period | 33.22M | 39.68M | 50.07M | 49.53M |
| Data source | Data source | Data source | Data source |