Northern Ocean Ltd.
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 Northern Ocean Ltd. generated cash of -$30,594,000, which is more than the previous year. Cash used in financing activities reached the amount of $61,130,000 last year. Net change in cash is therefore -$18,430,000.
Cash Flow
| 2019 | -15.42M | -230.75M | 285.35M |
|---|---|---|---|
| 2020 | 14.49M | -41.29M | 10.4M |
| 2021 | -21.80M | -206K | 0 |
| 2022 | -52.81M | -4.67M | 114.80M |
| 2023 | -30.59M | -48.96M | 61.13M |
NOL.OL Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 72.92M | 15.61M | 37.62M | 54.02M | 14.85M |
Operating activities | |||||
Net income | -70.89M | -92.89M | -11.02M | -36.50M | -8.23M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 42.88M | 40.20M | 42.65M | 29.58M | 2.98M |
Stock-based compensation expense | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | -28.49M | 0 | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | -30.59M | -52.81M | -21.80M | 14.49M | -15.42M |
Investing activities | |||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -48.96M | -4.67M | -206K | -41.29M | -230.75M |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -48.96M | -4.67M | -206K | -41.29M | -230.75M |
Financing activities | |||||
Common Stock Issued | 959K | 103.85M | 0 | 400K | 98.3M |
Payments for dividends | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 60.17M | 11.77M | 0 | -40M | 190M |
Cash used in financing activities | 61.13M | 114.80M | 0 | 10.4M | 285.35M |
Net Change In Cash | -18.43M | 57.30M | -22.01M | -16.39M | 39.17M |
Cash at end of period | 54.49M | 72.92M | 15.61M | 37.62M | 54.02M |
| Data source | Data source | Data source | Data source | Data source |