The Mercantile Investment Trust
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 The Mercantile Investment Trust generated cash of $69,703,000, which is more than the previous year. Cash used in financing activities reached the amount of -$88,408,000 last year. Net change in cash is therefore -$68,076,000.
Cash Flow
| 2012 | 19.44M | -37.96M | -52.56M |
|---|---|---|---|
| 2016 | 34.53M | 112.36M | -77.42M |
| 2018 | 37.78M | 74.35M | -143.66M |
| 2020 | 45.93M | -102.48M | -54.14M |
| 2021 | 20.93M | -97.69M | 27.75M |
| 2023 | 43.58M | 105.53M | -57.19M |
| 2024 | 69.70M | -49.37M | -88.40M |
MRC.L Cash Flow Statement (2012 – 2023)
| 2023 | 2022 | 2020 | 2019 | 2017 | 2015 | 2012 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 157.60M | 65.66M | 72.34M | 183.02M | 138.05M | 193.16M | 89.53M |
Operating activities | |||||||
Net income | 75.20M | -261.06M | -131.79M | 494.80M | 424.42M | 225.24M | -88.35M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Stock-based compensation expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | 36K | 552K | 0 | -1.86M | -273K | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 69.70M | 43.58M | 20.93M | 45.93M | 37.78M | 34.53M | 19.44M |
Investing activities | |||||||
Purchases Of Investments | -428.19M | -507.30M | -567.30M | -751.16M | -699.48M | -726.38M | -956.06M |
Investments In Property Plant And Equipment | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -49.37M | 105.53M | -97.69M | -102.48M | 74.35M | 112.36M | -37.96M |
Financing activities | |||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | -58.79M | -54.56M | -52.24M | -52.25M | -39.14M | -45.22M | -35.57M |
Repurchases of common stock | -15.81M | -2.62M | 0 | -1.88M | -104.52M | -32.20M | -1.99M |
Repayments of term debt | 0 | 0 | -80M | 0 | 0 | 0 | -15M |
Cash used in financing activities | -88.40M | -57.19M | 27.75M | -54.14M | -143.66M | -77.42M | -52.56M |
Net Change In Cash | -68.07M | 91.94M | -48.99M | -110.68M | -31.52M | 69.47M | -71.08M |
Cash at end of period | 89.53M | 157.60M | 23.34M | 72.34M | 106.53M | 262.64M | 18.44M |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source |