Forward Industries
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 Forward Industries generated cash of $1,041,028, which is less than the previous year. Cash used in financing activities reached the amount of -$300,000 last year. Net change in cash is therefore $604,946.
Cash Flow
| 2014 | 234.46K | -250.65K | -123.67K |
|---|---|---|---|
| 2015 | -2.02M | 908.04K | -1.32M |
| 2016 | 768.28K | -48.12K | -1.66K |
| 2017 | -137.63K | 0 | 0 |
| 2018 | 956.48K | -1.38M | 175.84K |
| 2019 | -1.96M | -33.13K | 725.81K |
| 2020 | -262.94K | -390.06K | 484.82K |
| 2021 | -528.31K | -67.20K | -918.74K |
| 2022 | 1.53M | -169.63K | -200K |
| 2023 | 1.04M | -136.08K | -300K |
FORD Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 2.57M | 1.41M | 2.92M | 3.09M | 4.36M | 4.62M | 4.76M | 4.04M | 6.47M | 6.61M |
Operating activities | ||||||||||
Net income | -3.73M | -1.37M | 523.80K | -1.77M | -3.60M | 1.37M | 579.34K | 606.56K | -1.43M | -799.90K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 315.94K | 309.23K | 327.29K | 271.97K | 311.58K | 228.18K | 22.37K | 52.75K | 53.44K | 64.48K |
Stock-based compensation expense | 86.49K | 201.23K | 68.85K | 245.15K | 215.73K | 0 | 155.01K | 236.07K | 69.75K | 232.7K |
| Deferred income tax benefit | 86.49K | 201.23K | 68.85K | 245.15K | 215.73K | 0 | 155.01K | 236.07K | 69.75K | 232.7K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 495.10K | 953.13K | -1.66M | -733.22K | 263.80K | -587.62K | -1.35M | 589.70K | 670.74K | -1.74M |
Inventories | 316.46K | -1.73M | -786.86K | 333.13K | -39.91K | 552.05K | 452.00K | 293.48K | -491.62K | -324.12K |
Accounts payable | 782.86K | 1.85M | 2.17M | 245.67K | -975.26K | 574.93K | 243.77M | -709.01M | -1.59B | 2.31M |
Cash generated by operating activities | 1.04M | 1.53M | -528.31K | -262.94K | -1.96M | 956.48K | -137.63K | 768.28K | -2.02M | 234.46K |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -10.89K | -5.78M |
Investments In Property Plant And Equipment | -136.08K | -169.63K | -67.20K | -68.45K | -33.13K | -55.88K | 0 | -48.12K | -33.18K | -33.48K |
Acquisitions Net | 0 | 0 | 0 | -321.60K | 0 | -1.32M | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -136.08K | -169.63K | -67.20K | -390.06K | -33.13K | -1.38M | 0 | -48.12K | 908.04K | -250.65K |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 267.71K | 369.9M | 0 | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -21.20K | -76.49K |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.66K | -12.19K | -47.17K |
Repayments of term debt | -300K | -200K | -1.33M | -1.30M | -224.18K | -1.82M | 0 | 0 | 0 | 0 |
Cash used in financing activities | -300K | -200K | -918.74K | 484.82K | 725.81K | 175.84K | 0 | -1.66K | -1.32M | -123.67K |
Net Change In Cash | 604.94K | 1.16M | -1.51M | -168.18K | -1.27M | -253.11K | -137.63K | 718.49K | -2.43M | -139.86K |
Cash at end of period | 3.18M | 2.57M | 1.41M | 2.92M | 3.09M | 4.36M | 4.62M | 4.76M | 4.04M | 6.47M |
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