Fortrea Holdings
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 Fortrea Holdings generated cash of $167,400,000, which is more than the previous year. Cash used in financing activities reached the amount of -$139,000,000 last year. Net change in cash is therefore -$3,400,000.
Cash Flow
| 2020 | 200.9M | -161.2M | -33.1M |
|---|---|---|---|
| 2021 | 169.8M | -26.2M | -128.5M |
| 2022 | 87.5M | -54M | -8.7M |
| 2023 | 167.4M | -31.8M | -139M |
FTRE Cash Flow Statement (2020 – 2023)
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
Cash at beginning of period | 112M | 94.6M | 80.3M | 73.2M |
Operating activities | ||||
Net income | -3.4M | 192.9M | 98M | -359.2M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||
Depreciation and amortization | 96.4M | 92.7M | 166.3M | 119M |
Stock-based compensation expense | 42.7M | 25.4M | 27.5M | 23.1M |
| Deferred income tax benefit | 42.7M | 25.4M | 27.5M | 23.1M |
| Changes in operating assets and liabilities: | ||||
Accounts receivable, net | -28.8M | -105M | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 |
Accounts payable | 51.1M | 22.4M | -6.2M | -2.1M |
Cash generated by operating activities | 167.4M | 87.5M | 169.8M | 200.9M |
Investing activities | ||||
Purchases Of Investments | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -40.3M | -54.4M | -26.5M | -24M |
Acquisitions Net | 0 | 400K | 0 | -137.5M |
Cash generated by investing activities | -31.8M | -54M | -26.2M | -161.2M |
Financing activities | ||||
Common Stock Issued | 0 | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 |
Repayments of term debt | 1.61B | 0 | 0 | 0 |
Cash used in financing activities | -139M | -8.7M | -128.5M | -33.1M |
Net Change In Cash | -3.4M | 17.4M | 14.3M | 7.1M |
Cash at end of period | 108.6M | 112M | 94.6M | 80.3M |
| Data source |