First Niles Financial
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 First Niles Financial generated cash of -$2,337,000, which is less than the previous year. Cash used in financing activities reached the amount of $22,260,000 last year. Net change in cash is therefore $7,864,000.
Cash Flow
| 2014 | 590K | 1.68M | -2.12M |
|---|---|---|---|
| 2015 | 164K | -2M | 1.63M |
| 2016 | 0 | 0 | 0 |
| 2017 | 0 | 0 | 0 |
| 2018 | 532 | 1.72K | -681 |
| 2019 | 591 | -1.55K | -230 |
| 2020 | 439K | 10.89M | 9.14M |
| 2021 | 1.23M | 1.84M | 767K |
| 2022 | -306K | -29.90M | 10.43M |
| 2023 | -2.33M | -12.05M | 22.26M |
FNFI Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 6.72M | 26.50M | 22.65M | 2.16M | 3.36K | 1.78K | 0 | 0 | 855K | 711K |
Operating activities | ||||||||||
Net income | 808K | 252K | 586K | 302K | 425 | 219 | 379 | 24 | 212K | 225K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 52K | 55K | 37K | 35K | 34 | 28 | 0 | 0 | 33K | 34K |
Stock-based compensation expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -181K | -163 | 16 | 49 | -12 | 124 | 0 | 0 | -126K | 145K |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9K | 0 |
Cash generated by operating activities | -2.33M | -306K | 1.23M | 439K | 591 | 532 | 0 | 0 | 164K | 590K |
Investing activities | ||||||||||
Purchases Of Investments | 0 | -13.06M | -9.84M | -250K | 0 | 0 | 0 | 0 | -20.89M | -12.22M |
Investments In Property Plant And Equipment | -41K | -31K | -10K | -30K | -34 | -96 | 0 | 0 | -4K | -57K |
Acquisitions Net | 0 | 10.45M | 1.87M | -15.06M | 0 | 0 | 0 | 0 | -1.55M | -4.55M |
Cash generated by investing activities | -12.05M | -29.90M | 1.84M | 10.89M | -1.55K | 1.72K | 0 | 0 | -2M | 1.68M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | -4.85M | 0 | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | -326K | -326K | -299K | -273K | -239 | -228 | 0 | 0 | -228K | -228K |
Repurchases of common stock | 0 | 0 | 0 | -3K | 0 | -8 | 0 | 0 | -5K | -8K |
Repayments of term debt | 25.76M | 8.76M | -13.27M | -4.85M | -2.22M | -747 | 0 | 0 | 1.5M | -16M |
Cash used in financing activities | 22.26M | 10.43M | 767K | 9.14M | -230 | -681 | 0 | 0 | 1.63M | -2.12M |
Net Change In Cash | 7.86M | -19.77M | 3.85M | 20.48M | -1.19K | 1.57K | 0 | 0 | -199K | 144K |
Cash at end of period | 14.58M | 6.72M | 26.50M | 22.65M | 2.16K | 3.36K | 0 | 0 | 656K | 855K |