Morgans Hotel Group
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 Morgans Hotel Group generated cash of $5,691,000, which is more than the previous year. Cash used in financing activities reached the amount of -$1,772,000 last year. Net change in cash is therefore $32,432,000.
Cash Flow
| 2013 | -3.14M | -7.38M | 14.71M |
|---|---|---|---|
| 2014 | -3.86M | -18.86M | 26.19M |
| 2015 | 5.69M | 28.51M | -1.77M |
MHGC Cash Flow Statement (2013 – 2015)
| 2015 | 2014 | 2013 | |
|---|---|---|---|
Cash at beginning of period | 13.49M | 10.02M | 5.84M |
Operating activities | |||
Net income | 22.09M | -50.72M | -44.15M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||
Depreciation and amortization | 28.99M | 37.31M | 35.73M |
Stock-based compensation expense | 0 | 0 | 4.07M |
| Deferred income tax benefit | 0 | 0 | 4.07M |
| Changes in operating assets and liabilities: | |||
Accounts receivable, net | 1.96M | 4.59M | -3.93M |
Inventories | 0 | 0 | 0 |
Accounts payable | -581K | -6.82M | 7.84M |
Cash generated by operating activities | 5.69M | -3.86M | -3.14M |
Investing activities | |||
Purchases Of Investments | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -7.12M | -5.33M | -9.46M |
Acquisitions Net | 0 | 0 | 0 |
Cash generated by investing activities | 28.51M | -18.86M | -7.38M |
Financing activities | |||
Common Stock Issued | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 |
Repurchases of common stock | -45.92M | -13.49M | -10.02M |
Repayments of term debt | 0 | -408.96M | -8.48M |
Cash used in financing activities | -1.77M | 26.19M | 14.71M |
Net Change In Cash | 32.43M | 3.46M | 4.17M |
Cash at end of period | 45.92M | 13.49M | 10.02M |
| Data source | Data source | Data source |