ECD Automotive Design
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 ECD Automotive Design generated cash of -$5,007,963, which is less than the previous year. Cash used in financing activities reached the amount of $10,664,595 last year. Net change in cash is therefore $4,619,329.
Cash Flow
| 2021 | -20.74K | -61.84K | 661.62K |
|---|---|---|---|
| 2022 | 1.49M | -509.73K | -278.16K |
| 2023 | -5.00M | -554.81K | 10.66M |
ECDA Cash Flow Statement (2021 – 2023)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
Cash at beginning of period | 3.51M | 2.80M | 2.22M |
Operating activities | |||
Net income | -1.60M | 160.73K | 882.91K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||
Depreciation and amortization | 487.07K | 88.73K | 64.84K |
Stock-based compensation expense | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||
Accounts receivable, net | 209.81K | -69.60K | 38.51K |
Inventories | -5.73M | 486.93K | -1.98M |
Accounts payable | 281.31K | 227.68K | 121.96K |
Cash generated by operating activities | -5.00M | 1.49M | -20.74K |
Investing activities | |||
Purchases Of Investments | 0 | -116.15M | 0 |
Investments In Property Plant And Equipment | 0 | -539.73K | -61.84K |
Acquisitions Net | 0 | 30K | 0 |
Cash generated by investing activities | -554.81K | -509.73K | -61.84K |
Financing activities | |||
Common Stock Issued | 95.53K | 2.47K | 0 |
Payments for dividends | -2.53M | -280.63K | -336.59K |
Repurchases of common stock | 0 | -280.63K | -336.59K |
Repayments of term debt | 13.2M | 0 | -998.22K |
Cash used in financing activities | 10.66M | -278.16K | 661.62K |
Net Change In Cash | 4.61M | 706.23K | 579.03K |
Cash at end of period | 8.13M | 3.51M | 2.80M |