OceanPal
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 OceanPal generated cash of $815,000, which is less than the previous year. Cash used in financing activities reached the amount of $11,583,000 last year. Net change in cash is therefore $6,387,000.
Cash Flow
| 2019 | 1.43M | 0 | -1.50M |
|---|---|---|---|
| 2020 | -2.72M | -1.47M | 4.23M |
| 2021 | 715K | -42K | 1M |
| 2022 | 1.51M | -5.09M | 10.36M |
| 2023 | 815K | -6.01M | 11.58M |
OP Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 8.45M | 1.67M | 39.63K | 1.91K | 66.68K |
Operating activities | |||||
Net income | -1.97M | -326K | 134K | -3.79M | -1.86M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 7.66M | 4.89M | 354K | 2.15M | 2.47M |
Stock-based compensation expense | 1.89M | 568K | 0 | 0 | 0 |
| Deferred income tax benefit | 1.89M | 568K | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | 1.28M | -3.44M | -46K | -725.32K | -302.69K |
Inventories | 47K | -148K | 23K | -13.19K | 392.25K |
Accounts payable | 123.99K | 18K | 263K | -47.06K | -160.92K |
Cash generated by operating activities | 815K | 1.51M | 715K | -2.72M | 1.43M |
Investing activities | |||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -4.36M | -5.09M | -42K | -1.47M | 0 |
Acquisitions Net | -1.64M | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -6.01M | -5.09M | -42K | -1.47M | 0 |
Financing activities | |||||
Common Stock Issued | 15.12M | 16.19M | 0 | 0 | 0 |
Payments for dividends | -2.08M | -3.10M | -1.67M | 0 | -1.50M |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | 0 | 0 | 0 |
Cash used in financing activities | 11.58M | 10.36M | 1M | 4.23M | -1.50M |
Net Change In Cash | 6.38M | 6.78M | 1.63M | 37.72K | -64.77K |
Cash at end of period | 14.84M | 8.45M | 1.67M | 39.63K | 1.91K |
| Data source | Data source | Data source |