McGrath RentCorp
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 McGrath RentCorp generated cash of $95,343,000, which is less than the previous year. Cash used in financing activities reached the amount of $296,436,000 last year. Net change in cash is therefore -$80,000.
Cash Flow
| 2014 | 122.98M | -129.88M | 6.51M |
|---|---|---|---|
| 2015 | 144.55M | -114.14M | -30.47M |
| 2016 | 141.76M | -60.18M | -81.83M |
| 2017 | 122.38M | -70.85M | -49.85M |
| 2018 | 142.66M | -104.49M | -39.06M |
| 2019 | 187.99M | -143.14M | -44.01M |
| 2020 | 180.50M | -53.00M | -128.45M |
| 2021 | 195.74M | -351.69M | 156.20M |
| 2022 | 194.43M | -131.42M | -63.53M |
| 2023 | 95.34M | -391.86M | 296.43M |
MGRC Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 957K | 1.49M | 1.23M | 2.34M | 1.50M | 2.50M | 852K | 1.10M | 1.16M | 1.63M |
Operating activities | ||||||||||
Net income | 174.62M | 115.13M | 89.70M | 101.98M | 96.80M | 79.40M | 153.92M | 38.25M | 40.47M | 45.70M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 109.37M | 111.34M | 106.69M | 94.64M | 89.47M | 81.97M | 78.41M | 81.17M | 84.28M | 81.12M |
Stock-based compensation expense | 8.27M | 8.00M | 7.66M | 5.54M | 5.89M | 4.11M | 3.19M | 3.09M | 3.39M | 3.85M |
| Deferred income tax benefit | 8.27M | 8.00M | 7.66M | 5.54M | 5.89M | 4.11M | 3.19M | 3.09M | 3.39M | 3.85M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -37.77M | -31.36M | -24.39M | 3.44M | -7.32M | -15.72M | -10.47M | -3.75M | 3.88M | -15.46M |
Inventories | -29.32M | 0 | -12.22M | -316K | -20.29M | -9.35M | 3.12M | 14.21M | 1.70M | -13.65M |
Accounts payable | -32.52M | 16.34M | 12.22M | 316K | 20.29M | -1.61M | 4.01M | 11.49M | -1.52M | 10.66M |
Cash generated by operating activities | 95.34M | 194.43M | 195.74M | 180.50M | 187.99M | 142.66M | 122.38M | 141.76M | 144.55M | 122.98M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -273.66M | -205.30M | -116.82M | -100.05M | -179.78M | -138.73M | -109.19M | -89.58M | -140.35M | -164.93M |
Acquisitions Net | -462.08M | 73.87M | -283.12M | 47.05M | -7.80M | -7.54M | 38.34M | 29.40M | 26.21M | 0 |
Cash generated by investing activities | -391.86M | -131.42M | -351.69M | -53.00M | -143.14M | -104.49M | -70.85M | -60.18M | -114.14M | -129.88M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 6.53M | 5.34M | 0 | 3.33M | 0 | 0 | 37K | 0 | 0 |
Payments for dividends | -45.55M | -44.26M | -42.18M | -39.76M | -35.53M | -30.93M | -24.87M | -24.44M | -25.77M | -25.55M |
Repurchases of common stock | -7.23M | -6.53M | -5.34M | -13.61M | -3.33M | -3.25M | -2.07M | -1.28M | -63.95M | -3.95M |
Repayments of term debt | 349.22M | -12.72M | -40M | -70.68M | -5.14M | -4.87M | -22.90M | -55.06M | 58.96M | 32.47M |
Cash used in financing activities | 296.43M | -63.53M | 156.20M | -128.45M | -44.01M | -39.06M | -49.85M | -81.83M | -30.47M | 6.51M |
Net Change In Cash | -80K | -534K | 253K | -1.10M | 834K | -993K | 1.64M | -251K | -64K | -463K |
Cash at end of period | 877K | 957K | 1.49M | 1.23M | 2.34M | 1.50M | 2.50M | 852K | 1.10M | 1.16M |
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