South Atlantic Bancshares
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 South Atlantic Bancshares generated cash of $10,108,841, which is less than the previous year. Cash used in financing activities reached the amount of $195,155,429 last year. Net change in cash is therefore $21,348,313.
Cash Flow
| 2014 | 6.45M | -24.02M | 37.52M |
|---|---|---|---|
| 2015 | 1.90M | -55.65M | 37.57M |
| 2016 | 4.43M | -47.73M | 42.06M |
| 2017 | 5.48M | -59.09M | 66.76M |
| 2018 | 6.62M | -31.83M | 20.63M |
| 2019 | 1.69M | -75.49M | 71.70M |
| 2020 | -22.74M | -167.82M | 217.54M |
| 2021 | 37.39M | -260.30M | 277.61M |
| 2022 | 25.85M | -296.22M | 190.83M |
| 2023 | 10.10M | -183.44M | 195.15M |
SABK Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 15.85M | 95.37M | 40.68M | 13.70M | 15.80M | 20.38M | 7.23M | 8.45M | 24.63M | 4.67M |
Operating activities | ||||||||||
Net income | 10.01M | 12.09M | 10.84M | 7.19M | 6.06M | 3.45M | 3.41M | 2.60M | 2.24M | 2.00M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 2.31M | 1.15M | 1.48M | 1.26M | 1.28M | 1.16M | 765.90K | 750.16K | 746.78K | 579.15K |
Stock-based compensation expense | 0 | 493.16K | 429.23K | 347.93K | 374.35K | 0 | 68.91K | 3.47K | 2.90K | 2.90K |
| Deferred income tax benefit | 0 | 493.16K | 429.23K | 347.93K | 374.35K | 0 | 68.91K | 3.47K | 2.90K | 2.90K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | -1.25M | -800.39K | -742.56K | -299.67K | -171.24K | -219.68K | 8.64K | 68.94K | 63.78K |
Inventories | 0 | 0 | -339.05K | 1.50M | -5.10M | 1.92M | 136.51K | 387.76K | -1.23M | 0 |
Accounts payable | 330.05K | 83.76K | 14.24K | -68.00K | 22.42K | 19.25K | 20.14K | 10.90K | -4.36K | 11.49K |
Cash generated by operating activities | 10.10M | 25.85M | 37.39M | -22.74M | 1.69M | 6.62M | 5.48M | 4.43M | 1.90M | 6.45M |
Investing activities | ||||||||||
Purchases Of Investments | -5.12M | -35.44M | -311.68M | -88.90M | -62.32M | -15.61M | -7.15M | -27.27M | -32.41M | -20.90M |
Investments In Property Plant And Equipment | -8.31M | -1.26M | -721.48K | -911.25K | -5.36M | -491.99K | -1.05M | -364.78K | -437.54K | -2.70M |
Acquisitions Net | 0 | 0 | 0 | -111.05M | -43.54M | 14.30M | 0 | 0 | -52.17M | -44.80M |
Cash generated by investing activities | -183.44M | -296.22M | -260.30M | -167.82M | -75.49M | -31.83M | -59.09M | -47.73M | -55.65M | -24.02M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 365.74K | 0 | 688.44K | 159.77K | 18.77M | 15.75K | 1.18M | 3.31M |
Payments for dividends | -753.60K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -510.43K | -411.94K | 0 | -500K | 0 | -446.90K | 0 | 0 | 0 | 0 |
Repayments of term debt | 119M | 56.30M | -30.00M | 0 | -5M | -20M | 0 | -79.5M | 13.72M | -8.14M |
Cash used in financing activities | 195.15M | 190.83M | 277.61M | 217.54M | 71.70M | 20.63M | 66.76M | 42.06M | 37.57M | 37.52M |
Net Change In Cash | 21.34M | -79.52M | 54.69M | 26.97M | -2.09M | -4.58M | 13.15M | -1.22M | -16.17M | 19.95M |
Cash at end of period | 37.19M | 15.85M | 95.37M | 40.68M | 13.70M | 15.80M | 20.38M | 7.23M | 8.45M | 24.63M |