Palomar 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 Palomar Holdings generated cash of $116,106,000, which is less than the previous year. Cash used in financing activities reached the amount of -$3,940,000 last year. Net change in cash is therefore -$16,312,000.
Cash Flow
| 2016 | 15.82M | -11.53M | 0 |
|---|---|---|---|
| 2017 | 20.24M | -19.12M | 0 |
| 2018 | 22.80M | -25.36M | 1.54M |
| 2019 | 41.7M | -80.56M | 62.29M |
| 2020 | 53.55M | -181.44M | 128.32M |
| 2021 | 87.81M | -58.18M | -13.04M |
| 2022 | 169.58M | -156.80M | 5.01M |
| 2023 | 116.10M | -128.47M | -3.94M |
PLMR Cash Flow Statement (2016 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 68.16M | 50.37M | 33.78M | 33.34M | 9.92M | 10.93M | 9.81M | 5.51M |
Operating activities | ||||||||
Net income | 79.20M | 52.17M | 45.84M | 6.25M | 10.62M | 18.21M | 3.78M | 6.61M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||
Depreciation and amortization | 4.50M | 4.11M | 3.54M | 1.33M | 216K | 212K | 160K | 88K |
Stock-based compensation expense | 14.91M | 11.62M | 5.58M | 2.16M | 24.10M | 0 | 0 | 0 |
| Deferred income tax benefit | 14.91M | 11.62M | 5.58M | 2.16M | 24.10M | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||||
Accounts receivable, net | 0 | -111.14M | -91.75M | -100.22M | -20.29M | -3.47M | -16.93M | -4.06M |
Inventories | 0 | 0 | 129M | 136.63M | 36.58M | -5.03M | 30.41M | 15.39M |
Accounts payable | 0 | 114.09M | 14.28M | 16.84M | 4.06M | 8.28M | 5.72M | 1.39M |
Cash generated by operating activities | 116.10M | 169.58M | 87.81M | 53.55M | 41.7M | 22.80M | 20.24M | 15.82M |
Investing activities | ||||||||
Purchases Of Investments | -237.71M | -392.63M | -216.57M | -341.94M | -270.44M | -136.45M | -54.20M | -40.09M |
Investments In Property Plant And Equipment | -15K | -5.93M | -4.85M | -4.07M | -2.92M | -332K | -68K | -898K |
Acquisitions Net | -5.53M | -15K | -4.84M | -7.06M | 2.81M | 0 | 0 | 4K |
Cash generated by investing activities | -128.47M | -156.80M | -58.18M | -181.44M | -80.56M | -25.36M | -19.12M | -11.53M |
Financing activities | ||||||||
Common Stock Issued | 0 | 0 | 2.81M | 128.32M | 87.41M | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | -5.12M | 0 | 0 | 0 |
Repurchases of common stock | -22.26M | -34.41M | -15.85M | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 16.2M | 36.4M | 0 | 0 | -20M | -17.5M | 0 | 0 |
Cash used in financing activities | -3.94M | 5.01M | -13.04M | 128.32M | 62.29M | 1.54M | 0 | 0 |
Net Change In Cash | -16.31M | 17.79M | 16.58M | 437K | 23.42M | -1.00M | 1.12M | 4.29M |
Cash at end of period | 51.85M | 68.16M | 50.37M | 33.78M | 33.34M | 9.92M | 10.93M | 9.81M |
| Data source | Data source | Data source | Data source | Data source |