Orbit International Corp.
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 Orbit International Corp. generated cash of -$1,406,000, which is less than the previous year. Cash used in financing activities reached the amount of -$858,000 last year. Net change in cash is therefore -$2,950,000.
Cash Flow
| 2014 | 250K | -138K | -535K |
|---|---|---|---|
| 2015 | 241K | -18K | -615K |
| 2016 | 2.45M | -4K | -2.12M |
| 2017 | 1.32M | -114K | -2.34M |
| 2018 | 3.74M | 113K | -288K |
| 2019 | -441K | -92K | -404K |
| 2020 | 2.89M | -166K | 1.20M |
| 2021 | 2.37M | -21K | -644K |
| 2022 | 250K | -4.42M | -826K |
| 2023 | -1.40M | -686K | -858K |
ORBT Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 4.21M | 9.21M | 7.50M | 3.56M | 4.50M | 941K | 2.07M | 1.74M | 2.13M | 2.56M |
Operating activities | ||||||||||
Net income | -1.14M | 481K | 3.24M | 641K | 463K | 2.22M | 1.79M | 1.39M | 902K | -2.00M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 510K | 413K | 107K | 90K | 87K | 105K | 114K | 185K | 273K | 440K |
Stock-based compensation expense | 48K | 78K | 0 | 0 | 44K | 38K | 74K | 54K | 55K | 92K |
| Deferred income tax benefit | 48K | 78K | 0 | 0 | 44K | 38K | 74K | 54K | 55K | 92K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 233K | -1.83M | 358K | 329K | -604K | 2.10M | -470K | 489K | -1.37M | 1.09M |
Inventories | -416K | 1.82M | 856K | 1.14M | 67K | -972K | -78K | 692K | 395K | 714K |
Accounts payable | 75K | 483K | -1.27M | 343K | 114K | 749K | 41K | -125K | 105K | -7K |
Cash generated by operating activities | -1.40M | 250K | 2.37M | 2.89M | -441K | 3.74M | 1.32M | 2.45M | 241K | 250K |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | -202K | 0 | -225K | -693K |
Investments In Property Plant And Equipment | -731K | -252K | -21K | -166K | -92K | -188K | -29K | -47K | -40K | -118K |
Acquisitions Net | 0 | -4.17M | 0 | 0 | 0 | 7K | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -686K | -4.42M | -21K | -166K | -92K | 113K | -114K | -4K | -18K | -138K |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | -1.27K | 0 | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | -234K | -102K | 0 | -212K | -251K | -36K | 0 | 0 | 0 | 0 |
Repurchases of common stock | -184K | -656K | -383K | -189K | -153K | -252K | -2.34M | -710K | -300K | -160K |
Repayments of term debt | 119K | 28K | 0 | -1.60M | 0 | 0 | 0 | -1.41M | -315K | -375K |
Cash used in financing activities | -858K | -826K | -644K | 1.20M | -404K | -288K | -2.34M | -2.12M | -615K | -535K |
Net Change In Cash | -2.95M | -5M | 1.71M | 3.93M | -937K | 3.56M | -1.13M | 329K | -392K | -423K |
Cash at end of period | 1.26M | 4.21M | 9.21M | 7.50M | 3.56M | 4.50M | 941K | 2.07M | 1.74M | 2.13M |