JOANN
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 JOANN generated cash of -$75,200,000, which is less than the previous year. Cash used in financing activities reached the amount of $174,100,000 last year. Net change in cash is therefore -$2,300,000.
Cash Flow
| 2018 | 97.7M | -50.8M | -42.3M |
|---|---|---|---|
| 2019 | 99M | -49.7M | -25.1M |
| 2020 | -33.9M | -79.5M | 86.3M |
| 2021 | 327.1M | -35.7M | -288.4M |
| 2022 | -23.6M | -13.2M | 31.9M |
| 2023 | -75.2M | -101.2M | 174.1M |
JOAN Cash Flow Statement (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Cash at beginning of period | 22.5M | 27.4M | 24.4M | 51.5M | 27.3M | 22.7M |
Operating activities | ||||||
Net income | -200.6M | 56.7M | 212.3M | -546.6M | 35.3M | 96.5M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||
Depreciation and amortization | 80.4M | 80.1M | 80M | 77.5M | 76M | 78.8M |
Stock-based compensation expense | 7.3M | 2.5M | 1.5M | 1.2M | 600K | 1M |
| Deferred income tax benefit | 7.3M | 2.5M | 1.5M | 1.2M | 600K | 1M |
| Changes in operating assets and liabilities: | ||||||
Accounts receivable, net | 0 | 0 | -81.9M | -167.9M | -16.5M | -46.5M |
Inventories | 74.5M | -102.7M | 93.8M | -33.9M | -39.1M | -16.6M |
Accounts payable | -56.3M | 3.7M | 23M | 2.2M | 47.6M | 36.2M |
Cash generated by operating activities | -75.2M | -23.6M | 327.1M | -33.9M | 99M | 97.7M |
Investing activities | ||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -96.9M | -59.1M | -36M | -78.6M | -48.4M | -44M |
Acquisitions Net | 0 | 0 | 500K | 0 | 1.7M | -6.8M |
Cash generated by investing activities | -101.2M | -13.2M | -35.7M | -79.5M | -49.7M | -50.8M |
Financing activities | ||||||
Common Stock Issued | 1.7M | 76.9M | 0 | 300K | 0 | 100K |
Payments for dividends | -13.4M | -12.6M | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | -20M | 0 | -500K | 0 | -700K |
Repayments of term debt | 0 | 0 | -868.9M | -439.9M | 0 | -541.2M |
Cash used in financing activities | 174.1M | 31.9M | -288.4M | 86.3M | -25.1M | -42.3M |
Net Change In Cash | -2.3M | -4.9M | 3M | -27.1M | 24.2M | 4.6M |
Cash at end of period | 20.2M | 22.5M | 27.4M | 24.4M | 51.5M | 27.3M |
| Data source | Data source | Data source |