Globus Maritime Limited
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 Globus Maritime Limited generated cash of -$4,455,000, which is less than the previous year. Cash used in financing activities reached the amount of $10,272,000 last year. Net change in cash is therefore $21,369,000.
Cash Flow
| 2014 | 9.52M | 5K | -9.33M |
|---|---|---|---|
| 2015 | -60K | 5.35M | -8.36M |
| 2016 | -3.6M | 362K | 1.39M |
| 2017 | 631K | -263K | 2.22M |
| 2018 | 3.85M | -126K | -6.43M |
| 2019 | 213K | -20K | 2.12M |
| 2020 | -6.24M | -18.54M | 41.45M |
| 2021 | 20.75M | -71.96M | 77.38M |
| 2022 | 26.90M | -29.00M | 9.72M |
| 2023 | -4.45M | 18.45M | 10.27M |
GLBS Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 52.83M | 45.21M | 19.03M | 2.36M | 46K | 2.75M | 163K | 2.00M | 5.08M | 3.88M |
Operating activities | ||||||||||
Net income | 5.27M | 24.28M | 14.95M | -17.37M | -36.35M | -3.56M | -6.47M | -9.82M | -32.39M | 3.21M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 8.91M | 10.24M | 6.66M | 3.73M | 6.42M | 5.76M | 5.71M | 6.01M | 7.18M | 6.94M |
Stock-based compensation expense | 0 | 0 | 40K | 40K | 40K | 0 | 30K | 50K | 60K | 60K |
| Deferred income tax benefit | 0 | 0 | 40K | 40K | 40K | 0 | 30K | 50K | 60K | 60K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -1.04M | 894K | -850K | 87K | 337K | -400K | 66K | -270K | 489K | -331K |
Inventories | 1.77M | -2.17M | 396K | 297K | -895K | 11K | -145K | -161K | -12K | 192K |
Accounts payable | -3.38M | 2.72M | -1.91M | 89K | -1.01M | 1.30M | -499K | 746K | 1.40M | 510K |
Cash generated by operating activities | -4.45M | 26.90M | 20.75M | -6.24M | 213K | 3.85M | 631K | -3.6M | -60K | 9.52M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -19.27M | -29.38M | -71.96M | -18.55M | -67K | -126K | -266K | -19K | -5K | -7K |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 374K | 5.34M | 0 |
Cash generated by investing activities | 18.45M | -29.00M | -71.96M | -18.54M | -20K | -126K | -263K | 362K | 5.35M | 5K |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 89.58M | 49.31M | 0 | 600K | 9.65M | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -14K | -505K | -390K |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 8.24M | 12.33M | -39.74M | -3.19M | 8.00M | -19.49M | -4.11M | -3.1M | -6.00M | -12.42M |
Cash used in financing activities | 10.27M | 9.72M | 77.38M | 41.45M | 2.12M | -6.43M | 2.22M | 1.39M | -8.36M | -9.33M |
Net Change In Cash | 21.36M | 7.62M | 26.17M | 16.67M | 2.32M | -2.71M | 2.59M | -1.84M | -3.07M | 194K |
Cash at end of period | 74.20M | 52.83M | 45.21M | 19.03M | 2.36M | 46K | 2.75M | 163K | 2.00M | 4.08M |
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