Divergent Energy Services 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 Divergent Energy Services Corp. generated cash of $925,000, which is less than the previous year. Cash used in financing activities reached the amount of -$899,000 last year. Net change in cash is therefore -$51,000.
Cash Flow
| 2013 | -6.29M | -2.64M | 1.57M |
|---|---|---|---|
| 2014 | -34K | -172K | 106K |
| 2015 | -1.74M | -53K | 568K |
| 2016 | -113K | 187K | 76K |
| 2017 | 46K | -147K | 520K |
| 2018 | -189K | -65K | -4K |
| 2019 | 325K | 0 | -367K |
| 2020 | -192K | -19K | 25K |
| 2021 | 1.35M | 27K | -835K |
| 2022 | 925K | -77K | -899K |
DVG.V Cash Flow Statement (2013 – 2022)
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 607K | 63K | 249K | 292K | 549K | 100K | 77K | 1.37M | 1.57M | 9.17M |
Operating activities | ||||||||||
Net income | 561K | 2.46M | 129K | -2.64M | 71K | -1.74M | -2.86M | -5.45M | -5.66M | -1.86M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 208K | 212K | 320K | 408K | 129K | 102K | 112K | 148K | 139K | 157K |
Stock-based compensation expense | 44K | 31K | 10K | 37K | 0 | 180K | 255K | 450K | 251K | 36K |
| Deferred income tax benefit | 44K | 31K | 10K | 37K | 0 | 180K | 255K | 450K | 251K | 36K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -237K | 98K | 669K | -992K | 29K | 403K | 0 | 0 | 0 | 0 |
Inventories | -9K | 550K | 304K | -941K | 38K | 488K | 19K | 97K | -469K | -344K |
Accounts payable | 0 | 37K | -351K | 2.08M | 0 | -204K | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 925K | 1.35M | -192K | 325K | -189K | 46K | -113K | -1.74M | -34K | -6.29M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -77K | 0 | -19K | 0 | -72K | -147K | -249K | -53K | -83K | -47K |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -77K | 27K | -19K | 0 | -65K | -147K | 187K | -53K | -172K | -2.64M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 | 537K | 187K | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -515K | -549K | -366K | -367K | -4K | -17K | -111K | -80K | -3.35M | -650K |
Cash used in financing activities | -899K | -835K | 25K | -367K | -4K | 520K | 76K | 568K | 106K | 1.57M |
Net Change In Cash | -51K | 544K | -186K | -43K | -257K | 449K | 23K | -1.29M | -204K | -7.6M |
Cash at end of period | 556K | 607K | 63K | 249K | 292K | 549K | 100K | 77K | 1.37M | 1.57M |