Horizon Copper Corp
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 Horizon Copper Corp generated cash of $3,962,000, which is more than the previous year. Cash used in financing activities reached the amount of -$2,466,000 last year. Net change in cash is therefore -$14,429,000.
Cash Flow
| 2019 | 761.75K | 3.23M | -3.91M |
|---|---|---|---|
| 2021 | 882K | 2.95M | -247K |
| 2022 | -172K | 14.01M | 15.93M |
| 2023 | 3.96M | -15.85M | -2.46M |
HCU.V Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2019 | |
|---|---|---|---|---|
Cash at beginning of period | 32.69M | 3.59M | 40K | 14.33K |
Operating activities | ||||
Net income | -23.68M | -15.82M | 2.80M | 1.61M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||
Depreciation and amortization | 4.53M | 0 | 0 | 0 |
Stock-based compensation expense | 370K | 0 | 0 | 18.16K |
| Deferred income tax benefit | 370K | 0 | 0 | 18.16K |
| Changes in operating assets and liabilities: | ||||
Accounts receivable, net | -248K | 0 | 0 | -26.52K |
Inventories | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 3.96M | -172K | 882K | 761.75K |
Investing activities | ||||
Purchases Of Investments | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | 0 | 0 | 0 | 0 |
Acquisitions Net | 0 | 9.67M | 0 | 0 |
Cash generated by investing activities | -15.85M | 14.01M | 2.95M | 3.23M |
Financing activities | ||||
Common Stock Issued | 5.05M | 16.28M | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 |
Repayments of term debt | -4.02M | 0 | -247K | -3.61M |
Cash used in financing activities | -2.46M | 15.93M | -247K | -3.91M |
Net Change In Cash | -14.42M | 29.09M | 3.55M | 75.97K |
Cash at end of period | 18.26M | 32.69M | 3.59M | 90.30K |