Ossen Innovation Co., 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 Ossen Innovation Co., Ltd. generated cash of -$9,114,352, which is less than the previous year. Cash used in financing activities reached the amount of $1,297,990 last year. Net change in cash is therefore $607,912.
Cash Flow
| 2011 | -20.14M | -162.22K | 7.66M |
|---|---|---|---|
| 2012 | -8.76M | -32.98K | 8.15M |
| 2013 | 10.01M | 8.05M | -22.06M |
| 2014 | 1.80M | -80.98K | -3.50M |
| 2015 | 12.44M | -29.68K | -4.43M |
| 2016 | 15.52M | -17.53K | -7.53M |
| 2017 | -3.01M | -37.84K | -4.29M |
| 2018 | 7.61M | -72.30K | -700.15K |
| 2019 | 401.19K | -139.79K | 2.90M |
| 2020 | -9.11M | -1.69M | 1.29M |
OSN Cash Flow Statement (2011 – 2020)
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 8.60M | 7.51M | 8.14M | 217.63K | 812.27K | 684.59K | 1.13M | 1.99M | 1.56M | 12.32M |
Operating activities | ||||||||||
Net income | 11.07M | 11.08M | 10.37M | 5.34M | 4.82M | 5.89M | 3.85M | 3.64M | 2.38M | 11.54M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 493.48K | 606.04K | 641.64K | 796.56K | 883.75K | 1.41M | 1.53M | 1.56M | 1.60M | 2.00M |
Stock-based compensation expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 86.79K | 105.60K |
| Deferred income tax benefit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 86.79K | 105.60K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 21.13M | -12.49M | -8.88M | -14.40M | 5.94M | 10.51M | -5.56M | -2.46M | 2.33M | -34.03M |
Inventories | -23.10M | 2.07M | -3.69M | 12.51M | 1.27M | -7.13M | -1.38M | -8.94M | 7.41M | 10.72M |
Accounts payable | -360.29K | 661.40K | -69.97K | -1.14M | -394.53K | -1.31M | 2.71M | -68.36K | -376.16K | -1.54M |
Cash generated by operating activities | -9.11M | 401.19K | 7.61M | -3.01M | 15.52M | 12.44M | 1.80M | 10.01M | -8.76M | -20.14M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -1.69M | -139.79K | -72.30K | -37.84K | -17.53K | -29.68K | -81.44K | -16.36K | -34.44K | -162.22K |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -1.69M | -139.79K | -72.30K | -37.84K | -17.53K | -29.68K | -80.98K | 8.05M | -32.98K | -162.22K |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | -36.81K | -58.73K | 0 | 0 | -96.60K | 0 |
Repayments of term debt | -109.96M | 0 | -27.66M | 0 | -55.37M | 0 | -117.94M | -155.68M | -131.66M | -57.56M |
Cash used in financing activities | 1.29M | 2.90M | -700.15K | -4.29M | -7.53M | -4.43M | -3.50M | -22.06M | 8.15M | 7.66M |
Net Change In Cash | 607.91K | 1.08M | -628.07K | 732.59K | -594.64K | 127.68K | -454.85K | -857.31K | 428.50K | -10.75M |
Cash at end of period | 9.21M | 8.60M | 7.51M | 950.22K | 217.63K | 812.27K | 684.59K | 1.13M | 1.99M | 1.56M |
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