Ridgeline Minerals 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 Ridgeline Minerals Corp. generated cash of -$794,867, which is less than the previous year. Cash used in financing activities reached the amount of $3,055,649 last year. Net change in cash is therefore -$680,983.
Cash Flow
| 2019 | -155.87K | -902.06K | 2.28M |
|---|---|---|---|
| 2020 | -816.15K | -2.24M | 4.57M |
| 2021 | -858.88K | -2.85M | 2.98M |
| 2022 | -674.05K | -1.76M | 1.76M |
| 2023 | -794.86K | -2.95M | 3.05M |
RDG.V Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 1.18M | 1.92M | 2.75M | 1.22M | 0 |
Operating activities | |||||
Net income | -903.68K | -970.25K | -1.21M | -1.27M | -272.60K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 56.20K | 79.42K | 49.04K | 18.50K | 0 |
Stock-based compensation expense | 17.00K | 170.07K | 287.06K | 349.03K | 104.37K |
| Deferred income tax benefit | 17.00K | 170.07K | 287.06K | 349.03K | 104.37K |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | -46 | 11 | -23 | -49 | -6 |
Inventories | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | -794.86K | -674.05K | -858.88K | -816.15K | -155.87K |
Investing activities | |||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -2.95M | -1.76M | -2.81M | -2.24M | -902.06K |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -2.95M | -1.76M | -2.85M | -2.24M | -902.06K |
Financing activities | |||||
Common Stock Issued | 3.31M | 1.85M | 3.10M | 4.93M | 2.30M |
Payments for dividends | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -32.69K | -34.64K | -36.98K | -16.05K | 0 |
Cash used in financing activities | 3.05M | 1.76M | 2.98M | 4.57M | 2.28M |
Net Change In Cash | -680.98K | -737.18K | -835.30K | 1.53M | 1.22M |
Cash at end of period | 505.05K | 1.18M | 1.92M | 2.75M | 1.22M |