Sterling Metals 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 Sterling Metals Corp. generated cash of -$1,267,622, which is less than the previous year. Cash used in financing activities reached the amount of $5,952,725 last year. Net change in cash is therefore $550,710.
Cash Flow
| 2014 | -558.02K | -670.97K | 921.62K |
|---|---|---|---|
| 2015 | -472.25K | -697.35K | 1.26M |
| 2016 | -1.07M | -1.76M | 3.76M |
| 2017 | -616.81K | -2.07M | 3.51M |
| 2018 | -707.05K | -1.00M | 700.2K |
| 2019 | -242.66K | -90.6K | 0 |
| 2020 | -2.31M | -102.50K | 4.74M |
| 2021 | -954.99K | -2.85M | 3.47K |
| 2022 | -875.91K | -2.76M | 4.47M |
| 2023 | -1.26M | -4.13M | 5.95M |
SAG.V Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 3.26M | 2.42M | 2.76M | 433.88K | 767.14K | 1.79M | 1.22M | 241.14K | 40.74K | 189.93K |
Operating activities | ||||||||||
Net income | -1.56M | -1.54M | -1.37M | -2.06M | -277.58K | -21.44M | -2.43M | -3.09M | -1.42M | -2.30M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 0 | 16.23K | 11.29K | 265 | 0 | 56.01K | 15.34K | 13.04K | 2.46K | 7.71K |
Stock-based compensation expense | 671.7K | 584.4K | 306.7K | 1.42M | 0 | 0 | 348.85K | 1.56M | 343.76K | 99.73K |
| Deferred income tax benefit | 671.7K | 584.4K | 306.7K | 1.42M | 0 | 0 | 348.85K | 1.56M | 343.76K | 99.73K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | 244.58K | -275.71K | -99.12K | -4.40K | 19.75K | -3.57K | -11K | 43.47K | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | -1.26M | -875.91K | -954.99K | -2.31M | -242.66K | -707.05K | -616.81K | -1.07M | -472.25K | -558.02K |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -15K | 50.16K | 0 |
Investments In Property Plant And Equipment | -4.13M | -2.76M | -2.85M | -102.50K | -90.6K | -2.08M | -2.07M | -1.76M | -1.20M | -1.98M |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 1.08M | 0 | 22.24K | 17.46K | 0 |
Cash generated by investing activities | -4.13M | -2.76M | -2.85M | -102.50K | -90.6K | -1.00M | -2.07M | -1.76M | -697.35K | -670.97K |
Financing activities | ||||||||||
Common Stock Issued | 6.47M | 4.80M | 3.47M | 5.25M | 0 | 692.2K | 3.66M | 3.43M | 1.53M | 418.42K |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | 0 | 0 | 0 | 0 | -142.16K | -221.18K | -207.97K | -313.23K |
Cash used in financing activities | 5.95M | 4.47M | 3.47K | 4.74M | 0 | 700.2K | 3.51M | 3.76M | 1.26M | 921.62K |
Net Change In Cash | 550.71K | 832.34K | -334.79K | 2.32M | -333.26K | -1.02M | 567.90K | 982.74K | 200.40K | -149.18K |
Cash at end of period | 3.81M | 3.26M | 2.42M | 2.76M | 433.88K | 767.14K | 1.79M | 1.22M | 241.14K | 40.74K |