Rito Group 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 Rito Group Corp. generated cash of -$668,356, which is more than the previous year. Cash used in financing activities reached the amount of $380,630 last year. Net change in cash is therefore -$284,552.
Cash Flow
| 2015 | -70.84K | -10.9K | 152.5K |
|---|---|---|---|
| 2016 | -799.18K | 0 | 1.17M |
| 2017 | -618.95K | 0 | 250.10K |
| 2018 | -643.96K | -224.39K | 1.85M |
| 2019 | -1.68M | -62.87K | 1.02M |
| 2020 | -668.35K | 1.93K | 380.63K |
RTTO Cash Flow Statement (2015 – 2020)
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|
Cash at beginning of period | 349.08K | 1.06M | 80.48K | 449.32K | 70.77K | 0 |
Operating activities | ||||||
Net income | -747.72K | -1.51M | -822.15K | -704.31K | -834.05K | -100.76K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||
Depreciation and amortization | 40.53K | 95.39K | 2.21K | 0 | 0 | 0 |
Stock-based compensation expense | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||
Accounts receivable, net | -89.76K | -99.45K | -14.07K | 3.98K | 0 | 0 |
Inventories | 0 | 19.08K | -19.08K | 0 | 0 | 0 |
Accounts payable | 0 | 0 | -9.10K | 4.06K | 2.28K | 2.76K |
Cash generated by operating activities | -668.35K | -1.68M | -643.96K | -618.95K | -799.18K | -70.84K |
Investing activities | ||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | 0 | -62.87K | -224.39K | 0 | 0 | -10.9K |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | 1.93K | -62.87K | -224.39K | 0 | 0 | -10.9K |
Financing activities | ||||||
Common Stock Issued | 300K | 1.18M | 1.67M | 258.9K | 289.32K | 68K |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -8.88K | 0 | -5.47K | 0 | 0 | 0 |
Cash used in financing activities | 380.63K | 1.02M | 1.85M | 250.10K | 1.17M | 152.5K |
Net Change In Cash | -284.55K | -717.55K | 986.14K | -368.84K | 378.55K | 70.77K |
Cash at end of period | 64.52K | 349.08K | 1.06M | 80.48K | 449.32K | 70.77K |
| Data source | Data source | Data source | Data source | Data source |