Majestic Gold 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 Majestic Gold Corp. generated cash of $24,489,794, which is less than the previous year. Cash used in financing activities reached the amount of $32,035,138 last year. Net change in cash is therefore $52,608,919.
Cash Flow
| 2014 | -2.91M | -2.03M | -1.88M |
|---|---|---|---|
| 2015 | -4.45M | -570.35K | 3.97M |
| 2016 | 5.48M | -2.38M | -885.48K |
| 2017 | 7.63M | -15.34M | 8.75M |
| 2018 | 9.81M | -14.99M | 14.31M |
| 2019 | 6.45M | -814.58K | -1.33M |
| 2020 | 36.81M | -19.92M | -8.88M |
| 2021 | 15.45M | -8.04M | -6.95M |
| 2022 | 30.28M | -15.10M | -1.48M |
| 2023 | 24.48M | -3.66M | 32.03M |
MJS.V Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 45.36M | 34.86M | 33.77M | 23.91M | 18.84M | 10.22M | 9.03M | 6.98M | 8.81M | 16.36M |
Operating activities | ||||||||||
Net income | 12.22M | 17.42M | 7.71M | 15.06M | 1.89M | 6.87M | 3.67M | -3.27M | -6.32M | -7.30M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 0 | 0 | 0 | 0 | 6.58M | 4.37M | 3.44M | 3.14M | 2.72M | 2.68M |
Stock-based compensation expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 805.7K | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 805.7K | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -840.64K | 0 | 0 | 0 | 401.64K | 0 | -1.07M | 0 | 0 | 0 |
Inventories | -449.04K | 168.12K | 1.42M | 202.37K | -1.03M | -888.61K | 56.97K | 1.97M | 173.77K | -79.76K |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | -1.31M | 0 | 0 | 0 |
Cash generated by operating activities | 24.48M | 30.28M | 15.45M | 36.81M | 6.45M | 9.81M | 7.63M | 5.48M | -4.45M | -2.91M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | -7.38M | 0 | 0 | 0 | 0 | 0 | -157.05K | -217.38K | 0 |
Investments In Property Plant And Equipment | -10.81M | -7.43M | -8.94M | -17.45M | -924.78K | -14.49M | -14.77M | -2.64M | -387.33K | -2.03M |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -3.66M | -15.10M | -8.04M | -19.92M | -814.58K | -14.99M | -15.34M | -2.38M | -570.35K | -2.03M |
Financing activities | ||||||||||
Common Stock Issued | 35.23M | 0 | 0 | 0 | 0 | 7.70M | 7.49M | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | -151.87K | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | -36.53K | -205.99K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | -6.20M | -13.08M | 0 | -20.18M | 0 | -21.48M | 0 | -15.56M |
Cash used in financing activities | 32.03M | -1.48M | -6.95M | -8.88M | -1.33M | 14.31M | 8.75M | -885.48K | 3.97M | -1.88M |
Net Change In Cash | 52.60M | 10.49M | 1.09M | 9.85M | 2.97M | 8.61M | 1.18M | 2.05M | -1.83M | -7.55M |
Cash at end of period | 97.97M | 45.36M | 34.86M | 33.77M | 21.81M | 18.84M | 10.22M | 9.03M | 6.98M | 8.81M |