Minto Metals 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 Minto Metals Corp. generated cash of $27,925,000, which is more than the previous year. Cash used in financing activities reached the amount of -$13,047,000 last year. Net change in cash is therefore -$9,119,000.
Cash Flow
| 2020 | 7.07M | -6.57M | -727K |
|---|---|---|---|
| 2021 | 12.19M | -7.64M | 4.92M |
| 2022 | 27.92M | -23.99M | -13.04M |
MNTO.V Cash Flow Statement (2020 – 2022)
| 2022 | 2021 | 2020 | |
|---|---|---|---|
Cash at beginning of period | 9.97M | 507K | 735K |
Operating activities | |||
Net income | -11.05M | -1.97M | -18.28M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||
Depreciation and amortization | 13.97M | 9.59M | 0 |
Stock-based compensation expense | 492K | 3.11M | 0 |
| Deferred income tax benefit | 492K | 3.11M | 0 |
| Changes in operating assets and liabilities: | |||
Accounts receivable, net | 2.38M | -14.32M | 2.54M |
Inventories | -3.60M | -608K | 1.89M |
Accounts payable | 0 | 0 | 0 |
Cash generated by operating activities | 27.92M | 12.19M | 7.07M |
Investing activities | |||
Purchases Of Investments | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -23.99M | -7.64M | -6.57M |
Acquisitions Net | 0 | 0 | 0 |
Cash generated by investing activities | -23.99M | -7.64M | -6.57M |
Financing activities | |||
Common Stock Issued | 0 | 31.03M | 4.07M |
Payments for dividends | 0 | 0 | 0 |
Repurchases of common stock | 0 | -6.30M | 0 |
Repayments of term debt | 0 | -25.72M | -7.40M |
Cash used in financing activities | -13.04M | 4.92M | -727K |
Net Change In Cash | -9.11M | 9.47M | -228K |
Cash at end of period | 860K | 9.97M | 507K |