Fortitude Gold
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 Fortitude Gold generated cash of $22,977,000, which is less than the previous year. Cash used in financing activities reached the amount of -$12,502,000 last year. Net change in cash is therefore $3,624,000.
Cash Flow
| 2019 | -5.07M | -22.53M | 28.41M |
|---|---|---|---|
| 2020 | 13.00M | -6.48M | 20.39M |
| 2021 | 24.66M | -4.54M | -7.87M |
| 2022 | 28.57M | -11.95M | -11.57M |
| 2023 | 22.97M | -6.85M | -12.50M |
FTCO Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 45.05M | 40.01M | 27.77M | 866K | 70K |
Operating activities | |||||
Net income | 17.01M | 14.68M | 17.86M | 10.21M | -2.99M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 11.65M | 13.43M | 14.85M | 10.37M | 4.02M |
Stock-based compensation expense | 230K | 192K | 3.40M | 700K | 400K |
| Deferred income tax benefit | 230K | 192K | 3.40M | 700K | 400K |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | -42K | 238K | -93K | -145K | 0 |
Inventories | -6.00M | -2.88M | -10.86M | -2.3M | -6.49M |
Accounts payable | 1.03M | 1.29M | 29K | -1.50M | 3.61M |
Cash generated by operating activities | 22.97M | 28.57M | 24.66M | 13.00M | -5.07M |
Investing activities | |||||
Purchases Of Investments | -1.45M | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -5.42M | -11.95M | -4.54M | -6.48M | -22.53M |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -6.85M | -11.95M | -4.54M | -6.48M | -22.53M |
Financing activities | |||||
Common Stock Issued | 60K | 63K | 500K | 0 | 0 |
Payments for dividends | -12.52M | -11.52M | -7.30M | 0 | 0 |
Repurchases of common stock | 0 | -40K | 0 | 0 | 0 |
Repayments of term debt | -41K | -110K | -1.06M | -1.31M | -1.22M |
Cash used in financing activities | -12.50M | -11.57M | -7.87M | 20.39M | 28.41M |
Net Change In Cash | 3.62M | 5.03M | 12.24M | 26.90M | 796K |
Cash at end of period | 48.67M | 45.05M | 40.01M | 27.77M | 866K |
| Data source | Data source | Data source | Data source |