Syntec Optics Holdings
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 Syntec Optics Holdings generated cash of $2,792,222, which is more than the previous year. Cash used in financing activities reached the amount of $761,023 last year. Net change in cash is therefore $1,632,063.
Cash Flow
| 2022 | 1.92M | -685.42K | -3.02M |
|---|---|---|---|
| 2023 | 2.79M | -1.92M | 761.02K |
OPTX Cash Flow Statement (2022 – 2023)
| 2023 | 2022 | |
|---|---|---|
Cash at beginning of period | 526.18K | 2.30M |
Operating activities | ||
Net income | 1.97M | -434.56K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||
Depreciation and amortization | 2.76M | 3.14M |
Stock-based compensation expense | 0 | 0 |
| Deferred income tax benefit | 0 | 0 |
| Changes in operating assets and liabilities: | ||
Accounts receivable, net | -848.52K | -756.52K |
Inventories | -2.33M | 1.26M |
Accounts payable | 2.49M | -597.70K |
Cash generated by operating activities | 2.79M | 1.92M |
Investing activities | ||
Purchases Of Investments | 0 | 0 |
Investments In Property Plant And Equipment | -1.92M | -1.24M |
Acquisitions Net | 0 | 515.37K |
Cash generated by investing activities | -1.92M | -685.42K |
Financing activities | ||
Common Stock Issued | 0 | 0 |
Payments for dividends | -62.06K | -280.77K |
Repurchases of common stock | 0 | 0 |
Repayments of term debt | -1.02M | -2.73M |
Cash used in financing activities | 761.02K | -3.02M |
Net Change In Cash | 1.63M | -1.77M |
Cash at end of period | 2.15M | 526.18K |