Nortech Systems Incorporated
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 Nortech Systems Incorporated generated cash of $1,769,000, which is less than the previous year. Cash used in financing activities reached the amount of -$1,281,000 last year. Net change in cash is therefore -$806,000.
Cash Flow
| 2014 | 1.58M | -2.18M | 672.45K |
|---|---|---|---|
| 2015 | 3.39M | -3.66M | 208.06K |
| 2016 | 3.53M | -1.95M | -1.38M |
| 2017 | 806.24K | -258.35K | -38.59K |
| 2018 | 2.44M | -1.39M | -889K |
| 2019 | 997K | -758K | -525K |
| 2020 | 1.36M | 5.5M | -3.95M |
| 2021 | -4.54M | -730K | 3.93M |
| 2022 | 5.40M | -2.42M | -2.66M |
| 2023 | 1.76M | -1.28M | -1.28M |
NSYS Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 2.48M | 2.22M | 3.56M | 660K | 947K | 779K | 268.20K | 887 | 66.37K | 0 |
Operating activities | ||||||||||
Net income | 6.87M | 2.01M | 7.15M | -1.54M | -1.22M | 166K | -2.44M | 43.77K | -571.42K | 880.01K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 2.04M | 1.91M | 1.95M | 2.19M | 2.22M | 2.18M | 2.50M | 2.29M | 2.25M | 2.03M |
Stock-based compensation expense | 423K | 334K | 111K | 68K | 145K | 0 | 43.2K | 994 | 3.30K | 29.92K |
| Deferred income tax benefit | 423K | 334K | 111K | 68K | 145K | 0 | 43.2K | 994 | 3.30K | 29.92K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | 828K | -4.07M | 3.01M | 1.41M | -2.74M | 577.65K | 1.06M | -864.07K | -1.33M |
Inventories | 716K | -2.98M | -4.61M | -216K | 2.34M | -3.87M | 1.95M | -489.08K | -1.66M | -1.10M |
Accounts payable | 483K | 2.21M | 1.47M | -2.95M | -3.68M | 6.02M | -2.11M | 817.22K | 3.93M | 1.12M |
Cash generated by operating activities | 1.76M | 5.40M | -4.54M | 1.36M | 997K | 2.44M | 806.24K | 3.53M | 3.39M | 1.58M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -1.28M | -2.44M | -1.35M | -519K | -758K | -1.40M | -927.13K | -1.95M | -1.67M | -2.18M |
Acquisitions Net | 0 | 15K | 626K | 6.01M | 0 | 14K | 668.78K | 3K | -1.99M | 0 |
Cash generated by investing activities | -1.28M | -2.42M | -730K | 5.5M | -758K | -1.39M | -258.35K | -1.95M | -3.66M | -2.18M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 51K | 35K | 0 | 0 | 0 | 0 | 4.82K | 10.66K | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | -130K | -276K | -30K | 0 | 0 | 0 |
Repayments of term debt | -1.44M | -2.71M | -1.79M | -3.27M | -402K | -1.37M | 259K | -1.83M | 240.66K | -666.74K |
Cash used in financing activities | -1.28M | -2.66M | 3.93M | -3.95M | -525K | -889K | -38.59K | -1.38M | 208.06K | 672.45K |
Net Change In Cash | -806K | 256K | -1.33M | 2.90M | -287K | 168K | 510.36K | 267.31K | -65.48K | 66.37K |
Cash at end of period | 1.67M | 2.48M | 2.22M | 3.56M | 660K | 947K | 778.56K | 268.20K | 887 | 66.37K |
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