First Acceptance
Cash Flow
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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 First Acceptance generated cash of $85,158,000, which is more than the previous year. Cash used in financing activities reached the amount of $83,000 last year. Net change in cash is therefore $60,708,000.
Cash Flow
| 2014 | 27.00M | 3.31M | 74K |
|---|---|---|---|
| 2015 | 29.30M | -46.24M | 30.09M |
| 2016 | -13.62M | 16.65M | 68K |
| 2017 | 9.00M | -12.28M | 76K |
| 2018 | 7.19M | -44.75M | 26K |
| 2019 | -8.38M | 28.75M | -25.01M |
| 2020 | 497K | -18.52M | -7.02M |
| 2021 | -6.59M | 34.48M | -15.30M |
| 2022 | -3.88M | -7.22M | -642K |
| 2023 | 85.15M | -24.53M | 83K |
FACO Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 49.07M | 60.82M | 48.24M | 73.30M | 77.94M | 115.47M | 118.68M | 115.58M | 102.42M | 72.03M |
Operating activities | ||||||||||
Net income | 73.91M | -17.48M | -1.22M | 10.41M | 15.35M | 17.71M | -8.60M | -29.28M | -1.93M | 28.06M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 2.54M | 3.32M | 1.89M | 2.21M | 2.03M | 2.37M | 2.85M | 3.49M | 2.26M | 1.76M |
Stock-based compensation expense | 338K | 280K | 242K | 277K | 531K | 0 | 299K | 207K | 144K | 185K |
| Deferred income tax benefit | 338K | 280K | 242K | 277K | 531K | 0 | 299K | 207K | 144K | 185K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -55.37M | -39.21M | 308K | 886K | 11.62M | 1.84M | -3.22M | 3.66M | -13.45M | -10.19M |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 85.15M | -3.88M | -6.59M | 497K | -8.38M | 7.19M | 9.00M | -13.62M | 29.30M | 27.00M |
Investing activities | ||||||||||
Purchases Of Investments | -94.81M | -41.48M | -8.79M | -39.82M | -30M | -50.91M | -26.90M | -63.93M | -27.57M | -15.39M |
Investments In Property Plant And Equipment | -1.33M | -4.21M | -3.85M | -2.08M | -1.28M | -2.76M | -783K | -2.35M | -2.76M | -1.42M |
Acquisitions Net | 0 | 4.21M | 3.85M | 2.08M | 1.28M | 2.76M | 0 | 0 | -33.77M | 0 |
Cash generated by investing activities | -24.53M | -7.22M | 34.48M | -18.52M | 28.75M | -44.75M | -12.28M | 16.65M | -46.24M | 3.31M |
Financing activities | ||||||||||
Common Stock Issued | 116K | 113K | 70K | 50K | 0 | 26K | 76K | 68K | 91K | 74K |
Payments for dividends | 0 | 0 | -14.49M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | -736K | -876K | -2.67M | -10K | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | 0 | -5M | -25M | 0 | 0 | 0 | 30M | 0 |
Cash used in financing activities | 83K | -642K | -15.30M | -7.02M | -25.01M | 26K | 76K | 68K | 30.09M | 74K |
Net Change In Cash | 60.70M | -11.75M | 12.57M | -25.05M | -4.64M | -37.53M | -3.20M | 3.09M | 13.15M | 30.39M |
Cash at end of period | 109.78M | 49.07M | 60.82M | 48.24M | 73.30M | 77.94M | 115.47M | 118.68M | 115.58M | 102.42M |