Premium Nickel Resources 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 Premium Nickel Resources Ltd. generated cash of -$10,799,163, which is less than the previous year. Cash used in financing activities reached the amount of $48,707,434 last year. Net change in cash is therefore $14,082,637.
Cash Flow
| 2015 | -2.19M | -5.46M | 7.85M |
|---|---|---|---|
| 2017 | -2.42M | -11.20M | 13.40M |
| 2019 | -2.31M | 1.69M | 1.38M |
| 2020 | -1.33M | -806K | 1.34M |
| 2021 | -1.47M | -514K | 3.65M |
| 2022 | -5.51M | -18.60M | 28.77M |
| 2023 | -10.79M | -22.28M | 48.70M |
PNRL.V Cash Flow Statement (2015 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2015 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 5.16M | 1.99M | 308K | 1.09M | 339K | 630.48K | 326.11K |
Operating activities | |||||||
Net income | -13.31M | -36.41M | -3.99M | -2.74M | -28.85M | -2.87M | -2.38M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 353.37K | 96.54K | 5K | 7K | 12K | 25K | 72.67K |
Stock-based compensation expense | 1.45M | 8.02M | 1.26M | 969K | 0 | 0 | 0 |
| Deferred income tax benefit | 1.45M | 8.02M | 1.26M | 969K | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | 0 | 0 | -143K | 102K | -126K | 0 | -37.34K |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | -10.79M | -5.51M | -1.47M | -1.33M | -2.31M | -2.42M | -2.19M |
Investing activities | |||||||
Purchases Of Investments | 0 | 0 | -392K | -121K | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -22.39M | -29.66M | -3.09M | -635K | -5K | -11.40M | -9.16M |
Acquisitions Net | 0 | 11.05M | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -22.28M | -18.60M | -514K | -806K | 1.69M | -11.20M | -5.46M |
Financing activities | |||||||
Common Stock Issued | 39.77M | 23.40M | 1.99M | 1.47M | 1.72M | 13.95M | 7.85M |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 9.79M | 6.90M | 0 | 0 | 0 | 0 | 0 |
Cash used in financing activities | 48.70M | 28.77M | 3.65M | 1.34M | 1.38M | 13.40M | 7.85M |
Net Change In Cash | 14.08M | 3.17M | 1.66M | -790K | 759K | -232.48K | 198.80K |
Cash at end of period | 19.24M | 5.16M | 1.97M | 308K | 1.09M | 398K | 524.92K |