Canada Rare Earth 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 Canada Rare Earth Corp. generated cash of $685,674, which is more than the previous year. Cash used in financing activities reached the amount of -$439,651 last year. Net change in cash is therefore $931.
Cash Flow
| 2015 | -797.22K | 617.17K | 0 |
|---|---|---|---|
| 2016 | -428.04K | 720.17K | 0 |
| 2017 | -432.94K | 368 | 160.91K |
| 2018 | 56.47K | -9.63K | 1.33M |
| 2019 | -965.09K | -9.63K | 0 |
| 2020 | -965.09K | -9.63K | 601.4K |
| 2021 | -136.49K | -786.33K | 601.4K |
| 2022 | -74.00K | -79.32K | -6.83K |
| 2023 | 110.78K | -416.46K | 410.52K |
| 2024 | 685.67K | -245.09K | -439.65K |
LL.V Cash Flow Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 220.63K | 76.98K | 204.27K | 514.22K | 1.50M | 1.50M | 45.59K | 323.47K | 52.61K | 232.67K |
Operating activities | ||||||||||
Net income | -911.89K | 171.26K | -667.99K | -674.36K | -791.23K | -791.23K | -2.80M | -315.68K | -2.13M | -666.51K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 99.67K | 96.39K | 58.59K | 96.75K | 59.68K | 59.68K | 59.68K | 19.89K | 1.84M | 0 |
Stock-based compensation expense | 116.17K | 262K | 325K | 298.74K | 52.1K | 274.00K | 140.77K | 41.09K | 115.58K | 13.39K |
| Deferred income tax benefit | 116.17K | 262K | 325K | 298.74K | 52.1K | 274.00K | 140.77K | 41.09K | 115.58K | 13.39K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 167.63K | -240.41K | 68.18K | 278.18K | -346.37K | -346.37K | 62.42K | -62.42K | 115.15K | -94.99K |
Inventories | 0 | -108.44K | -351.23K | -298.63K | -443.15K | -216.06K | -158.74K | 0 | 0 | 0 |
Accounts payable | 30.25K | 108.44K | 351.23K | 298.63K | 443.15K | 216.06K | 413.25K | 117.79K | 0 | 0 |
Cash generated by operating activities | 685.67K | 110.78K | -74.00K | -136.49K | -965.09K | -965.09K | 56.47K | -432.94K | -428.04K | -797.22K |
Investing activities | ||||||||||
Purchases Of Investments | 0 | -369.5K | -166.88K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | 0 | -46.96K | -79.32K | -786.33K | -9.63K | -9.63K | -9.63K | -9.63K | -10.62K | -41.82K |
Acquisitions Net | 0 | -369.5K | -166.88K | 0 | 0 | 0 | 0 | 0 | 190.79K | 0 |
Cash generated by investing activities | -245.09K | -416.46K | -79.32K | -786.33K | -9.63K | -9.63K | -9.63K | 368 | 720.17K | 617.17K |
Financing activities | ||||||||||
Common Stock Issued | 0 | 103.87K | 30K | 30K | 0 | 0 | 1.5M | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | 305.49K | 469.40K | -16.32K | -16.32K | 0 | -311.30K | 160.91K | 0 | 0 |
Cash used in financing activities | -439.65K | 410.52K | -6.83K | 601.4K | 601.4K | 0 | 1.33M | 160.91K | 0 | 0 |
Net Change In Cash | 931 | 143.64K | -170.43K | -309.95K | -987.87K | -987.87K | 1.45M | -277.87K | 270.85K | -180.05K |
Cash at end of period | 221.56K | 220.63K | 33.83K | 204.27K | 514.22K | 514.22K | 1.50M | 45.59K | 323.47K | 52.61K |