Grand River Commerce
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 Grand River Commerce generated cash of -$10,879,000, which is less than the previous year. Cash used in financing activities reached the amount of $23,888,000 last year. Net change in cash is therefore -$26,290,000.
Cash Flow
| 2015 | -95K | -30.68M | 29.39M |
|---|---|---|---|
| 2016 | 2.71M | -34.36M | 33.81M |
| 2017 | 2.86M | -26.33M | 26.78M |
| 2018 | 1.24M | -37.63M | 39.50M |
| 2019 | -594K | -50.19M | 55.15M |
| 2020 | 1.32M | -76.00M | 126.72M |
| 2021 | 10.46M | -31.50M | 32.22M |
| 2022 | -1.38M | -79.66M | 45.10M |
| 2023 | -10.87M | -39.29M | 23.88M |
GNRV Cash Flow Statement (2015 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 48.37M | 84.32M | 73.13M | 21.09M | 16.72M | 13.61M | 10.29M | 8.12M | 9.51M |
Operating activities | |||||||||
Net income | -7.3M | -2.17M | 3.31M | 3.03M | 1.54M | 1.18M | 401K | 2.55M | 360K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||||
Depreciation and amortization | 401K | 529K | 270K | 171K | 177K | 191K | 171K | 161K | 140K |
Stock-based compensation expense | -164K | 378K | 114K | 14K | 26K | 0 | 26K | 112K | 4K |
| Deferred income tax benefit | -164K | 378K | 114K | 14K | 26K | 0 | 26K | 112K | 4K |
| Changes in operating assets and liabilities: | |||||||||
Accounts receivable, net | -426K | -742K | -2.23M | -294K | -67K | -509K | -98K | 68K | -94K |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 1.27M | -448K | 2.25M | 705K | 89K | 164K | 57K | 29K | 0 |
Cash generated by operating activities | -10.87M | -1.38M | 10.46M | 1.32M | -594K | 1.24M | 2.86M | 2.71M | -95K |
Investing activities | |||||||||
Purchases Of Investments | 0 | -1.5M | -13.54M | -3.55M | 0 | -3.66M | -181K | -1.23M | 0 |
Investments In Property Plant And Equipment | -3K | -666K | -1.45M | -862K | -158K | -97K | -166K | -176K | -84K |
Acquisitions Net | 0 | 0 | 0 | -73.30M | 0 | 0 | -26.76M | -33.98M | 0 |
Cash generated by investing activities | -39.29M | -79.66M | -31.50M | -76.00M | -50.19M | -37.63M | -26.33M | -34.36M | -30.68M |
Financing activities | |||||||||
Common Stock Issued | 0 | 1.28M | 57K | 0 | 106K | 53K | 13.49M | 0 | 2.45M |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 27.25M | 10M | -12.82M | -6M | 3M | 0 | 2.5M | -5M | 0 |
Cash used in financing activities | 23.88M | 45.10M | 32.22M | 126.72M | 55.15M | 39.50M | 26.78M | 33.81M | 29.39M |
Net Change In Cash | -26.29M | -35.94M | 11.18M | 52.04M | 4.36M | 3.11M | 3.32M | 2.16M | -1.38M |
Cash at end of period | 22.08M | 48.37M | 84.32M | 73.13M | 21.09M | 16.72M | 13.61M | 10.29M | 8.12M |