Mingteng International Corporation
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 Mingteng International Corporation generated cash of $1,299,989, which is more than the previous year. Cash used in financing activities reached the amount of -$1,248,988 last year. Net change in cash is therefore -$737,087.
Cash Flow
| 2022 | 423.64K | -212.78K | 24.58K |
|---|---|---|---|
| 2023 | 1.29M | -761.79K | -1.24M |
MTEN Cash Flow Statement (2022 – 2023)
| 2023 | 2022 | |
|---|---|---|
Cash at beginning of period | 1.79M | 48.17K |
Operating activities | ||
Net income | 1.50M | 316.79K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||
Depreciation and amortization | 501.97K | 37.71K |
Stock-based compensation expense | 0 | 0 |
| Deferred income tax benefit | 0 | 0 |
| Changes in operating assets and liabilities: | ||
Accounts receivable, net | -121.69K | -3.46K |
Inventories | -46.06K | -4.29K |
Accounts payable | 49.20K | 33.34K |
Cash generated by operating activities | 1.29M | 423.64K |
Investing activities | ||
Purchases Of Investments | 0 | 0 |
Investments In Property Plant And Equipment | -761.79K | -213.75K |
Acquisitions Net | 0 | 973 |
Cash generated by investing activities | -761.79K | -212.78K |
Financing activities | ||
Common Stock Issued | -24.30K | -21.38K |
Payments for dividends | 0 | -52.29K |
Repurchases of common stock | 0 | 0 |
Repayments of term debt | -1.07M | 513.00K |
Cash used in financing activities | -1.24M | 24.58K |
Net Change In Cash | -737.08K | 209.79K |
Cash at end of period | 1.05M | 257.96K |
| Data source |