Quality Industrial 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 Quality Industrial Corp. generated cash of $2,480,985, which is more than the previous year. Cash used in financing activities reached the amount of $3,018,371 last year. Net change in cash is therefore -$1,111,639.
Cash Flow
| 2019 | -81.82K | 0 | 86.54K |
|---|---|---|---|
| 2020 | -173.14K | 0 | 61.1K |
| 2021 | -409.20K | -1M | 405.29K |
| 2022 | -44.44M | -88.87M | 45.72M |
| 2023 | 2.48M | -5.5M | 3.01M |
QIND Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 1.11M | 15.65K | 19.56K | 131.60K | 126.87K |
Operating activities | |||||
Net income | -4.16M | 6.77M | -5.17M | -1.95M | -2.88M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 2.90M | 171.01K | 0 | 0 | 0 |
Stock-based compensation expense | 3.55M | 2.88M | 4.72M | 1.85M | 0 |
| Deferred income tax benefit | 3.55M | 2.88M | 4.72M | 1.85M | 0 |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | 0 | 0 | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 138.77K | 44.34M | 70.03K | 113.39K | 13.99K |
Cash generated by operating activities | 2.48M | -44.44M | -409.20K | -173.14K | -81.82K |
Investing activities | |||||
Purchases Of Investments | 0 | -1M | 0 | 0 | 0 |
Investments In Property Plant And Equipment | 0 | 0 | 0 | 0 | 0 |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -5.5M | -88.87M | -1M | 0 | 0 |
Financing activities | |||||
Common Stock Issued | 2M | 278.93K | 110.29K | 4.25K | 87.87K |
Payments for dividends | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 1.17M | 29.12M | -295K | -56.84K | 0 |
Cash used in financing activities | 3.01M | 45.72M | 405.29K | 61.1K | 86.54K |
Net Change In Cash | -1.11M | 1.29M | -3.90K | -112.04K | 4.72K |
Cash at end of period | 2.49K | 1.31M | 15.65K | 19.56K | 131.60K |
| Data source | Data source | Data source | Data source |