Maxeon Solar Technologies, Ltd.
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 Maxeon Solar Technologies, Ltd. generated cash of -$254,295,000, which is less than the previous year. Cash used in financing activities reached the amount of $167,951,000 last year. Net change in cash is therefore -$72,450,000.
Cash Flow
| 2018 | -156.82M | -52.96M | 165.82M |
|---|---|---|---|
| 2019 | -26.34M | -41.87M | 89.88M |
| 2020 | -189.16M | -45.49M | 320.34M |
| 2021 | -4.86M | -154.44M | 141.80M |
| 2022 | 3.43M | -139.30M | 211.47M |
| 2023 | -254.29M | 13.92M | 167.95M |
MAXN Cash Flow Statement (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Cash at beginning of period | 267.96M | 192.23M | 209.57M | 123.80M | 101.74M | 145.65M |
Operating activities | ||||||
Net income | -275.82M | -267.14M | -255.74M | -141.01M | -178.90M | -604.08M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||
Depreciation and amortization | 55.88M | 56.21M | 42.21M | 47.32M | 53.44M | 82.89M |
Stock-based compensation expense | 18.32M | 14.58M | 7.23M | 7.25M | 7.13M | 0 |
| Deferred income tax benefit | 18.32M | 14.58M | 7.23M | 7.25M | 7.13M | 0 |
| Changes in operating assets and liabilities: | ||||||
Accounts receivable, net | -8.33M | -15.33M | 38.26M | 71.23M | -77.83M | -32.54M |
Inventories | -41.33M | -106.62M | -43.49M | 25.21M | 28.41M | 18.07M |
Accounts payable | -97.66M | 70.56M | 61.50M | -121.92M | 104.69M | -13.18M |
Cash generated by operating activities | -254.29M | 3.43M | -4.86M | -189.16M | -26.34M | -156.82M |
Investing activities | ||||||
Purchases Of Investments | 0 | -76.96M | -1.09M | -1.34M | 0 | -13.34M |
Investments In Property Plant And Equipment | -67.45M | -63.48M | -154.67M | -27.68M | -42.13M | -39.62M |
Acquisitions Net | 0 | 189K | 61K | -26.78M | 0 | -13.34M |
Cash generated by investing activities | 13.92M | -139.30M | -154.44M | -45.49M | -41.87M | -52.96M |
Financing activities | ||||||
Common Stock Issued | 193.49M | -257K | 169.68M | 296.76M | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | -133.99M | 0 | 0 |
Repurchases of common stock | 0 | -257K | -4.24M | 133.99M | 0 | 0 |
Repayments of term debt | -25.54M | 211.79M | -193.94M | -227.31M | -2.52M | -232.94M |
Cash used in financing activities | 167.95M | 211.47M | 141.80M | 320.34M | 89.88M | 165.82M |
Net Change In Cash | -72.45M | 75.72M | -17.34M | 85.76M | 22.05M | -43.90M |
Cash at end of period | 195.51M | 267.96M | 192.23M | 209.57M | 123.80M | 101.74M |
| Data source | Data source | Data source | Data source |