Meritage Hospitality Group
Cash Flow
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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 Meritage Hospitality Group generated cash of $11,456,000, which is less than the previous year. Cash used in financing activities reached the amount of $47,435,000 last year. Net change in cash is therefore -$15,938,000.
Cash Flow
| 2014 | 8.01M | -18.73M | 12.43M |
|---|---|---|---|
| 2015 | 15.59M | -38.97M | 24.76M |
| 2016 | 15.66M | -37.09M | 24.67M |
| 2017 | 27.80M | -121.45M | 96.73M |
| 2018 | 28.06M | -146.22M | 118.55M |
| 2019 | 35.24M | -103.32M | 71.70M |
| 2020 | 36.34M | -32.47M | 11.50M |
| 2021 | 38.57M | -83.26M | 62.32M |
| 2022 | 25.74M | -83.24M | 42.91M |
| 2023 | 11.45M | -74.82M | 47.43M |
MHGU Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 35.37M | 49.95M | 32.31M | 16.94M | 13.31M | 12.91M | 9.83M | 6.58M | 5.20M | 3.47M |
Operating activities | ||||||||||
Net income | 6.13M | 9.08M | 18.20M | 15.75M | 12.87M | 13.15M | 9.03M | 6.44M | 7.02M | 2.75M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 18.55M | 17.41M | 16.30M | 16.30M | 14.07M | 11.95M | 8.42M | 5.94M | 4.51M | 3.09M |
Stock-based compensation expense | 0 | 1.27M | 1.23M | 1.51M | 110.94K | 84.05K | 73.68K | 55.96K | 36.04K | 40.99K |
| Deferred income tax benefit | 0 | 1.27M | 1.23M | 1.51M | 110.94K | 84.05K | 73.68K | 55.96K | 36.04K | 40.99K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -2.04M | 1.23M | 7.64M | 5.05M | 1.33M | -625.12K | -196.1K | -310.82K | -190.30K | 307.51K |
Inventories | 5K | -316K | -792K | -99K | -121.99K | -263.82K | -374.46K | -34.94K | 29.77K | -99.86K |
Accounts payable | -10.10M | 746K | 4.81M | -4.72M | 5.28M | -1.38M | 7.11M | 329.17K | 3.67M | 1.62M |
Cash generated by operating activities | 11.45M | 25.74M | 38.57M | 36.34M | 35.24M | 28.06M | 27.80M | 15.66M | 15.59M | 8.01M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | -3.69M | 0 | -248.84K | -241.27K | -478.08K | 0 |
Investments In Property Plant And Equipment | -44.79M | -66.76M | -84.10M | -33.82M | -90.21M | -62.99M | -49.60M | -25.98M | -22.77M | -11.47M |
Acquisitions Net | -30.12M | -16.47M | 842K | 1.34M | -16.80M | -85.02M | -71.60M | -11.05M | -15.72M | -6.90M |
Cash generated by investing activities | -74.82M | -83.24M | -83.26M | -32.47M | -103.32M | -146.22M | -121.45M | -37.09M | -38.97M | -18.73M |
Financing activities | ||||||||||
Common Stock Issued | 120K | 168K | 163K | 124K | 141K | 81.04K | 128.51M | 126.62K | 15.91K | 57.1K |
Payments for dividends | -2.98M | -3.62M | -3.80M | -2.54M | -3.49M | -2.33M | -1.50M | -1.11M | -995.34K | -791.00K |
Repurchases of common stock | -178K | -2.25M | -4.52M | -183K | -183K | -54 | -35 | 95.75M | 0 | 28.36M |
Repayments of term debt | 47.80M | 50.14M | -70.93M | -62.95M | 74.73M | -87.52M | 94.53M | -69.17M | 24.26M | -14.94M |
Cash used in financing activities | 47.43M | 42.91M | 62.32M | 11.50M | 71.70M | 118.55M | 96.73M | 24.67M | 24.76M | 12.43M |
Net Change In Cash | -15.93M | -14.57M | 17.63M | 15.37M | 3.62M | 400.03K | 3.08M | 3.24M | 1.38M | 1.72M |
Cash at end of period | 19.43M | 35.37M | 49.95M | 32.31M | 16.94M | 13.31M | 12.91M | 9.83M | 6.58M | 5.20M |