Golden Sun Education Group 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 Golden Sun Education Group Limited generated cash of -$7,942,004, which is less than the previous year. Cash used in financing activities reached the amount of $246,801 last year. Net change in cash is therefore -$13,794,793.
Cash Flow
| 2019 | 6.80M | -592.54K | -4.04M |
|---|---|---|---|
| 2020 | 1.16M | -1.58M | 360.55K |
| 2021 | 31.89K | -212.61K | -2.00M |
| 2022 | 910.25K | -174.07K | 18.63M |
| 2023 | -7.94M | -5.72M | 246.80K |
GSUN Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 20.34M | 1.19M | 3.21M | 3.10M | 1.05M |
Operating activities | |||||
Net income | -5.78M | -2.11M | 1.30M | 54.92K | 3.50M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 476.24K | 169.80K | 143.56K | 609.54K | 536.14K |
Stock-based compensation expense | 1.82M | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 1.82M | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | 226.41K | 236.33K | -498.35K | -156.82K | 0 |
Inventories | -159.14K | 0 | 498.35K | 156.82K | 0 |
Accounts payable | 336.76K | 514.56K | 158.11K | -786.63K | 188.38K |
Cash generated by operating activities | -7.94M | 910.25K | 31.89K | 1.16M | 6.80M |
Investing activities | |||||
Purchases Of Investments | -5.44M | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -248.96K | -174.07K | -91.14K | -1.69M | -592.54K |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -5.72M | -174.07K | -212.61K | -1.58M | -592.54K |
Financing activities | |||||
Common Stock Issued | 0 | 18.27M | -240.81K | -280.41K | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 79.96K | 1.28M | -2.15M | -2.08M | 1.04M |
Cash used in financing activities | 246.80K | 18.63M | -2.00M | 360.55K | -4.04M |
Net Change In Cash | -13.79M | 19.15M | -2.01M | 100.36K | 2.05M |
Cash at end of period | 6.55M | 20.34M | 1.19M | 3.21M | 3.10M |
| Data source | Data source |