Star Bulk Carriers 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 Star Bulk Carriers Corp. generated cash of $335,777,000, which is less than the previous year. Cash used in financing activities reached the amount of -$595,889,000 last year. Net change in cash is therefore -$24,594,000.
Cash Flow
| 2014 | 12.81M | -437.07M | 456.70M |
|---|---|---|---|
| 2015 | -14.57M | -397.53M | 534.16M |
| 2016 | -33.44M | -13.21M | 20.36M |
| 2017 | 80.97M | -126.85M | 122.03M |
| 2018 | 169.00M | -325.32M | 96.69M |
| 2019 | 88.52M | -279.83M | 103.69M |
| 2020 | 170.55M | -66.33M | -34.94M |
| 2021 | 767.07M | -121.26M | -368.06M |
| 2022 | 769.89M | -20.87M | -935.95M |
| 2023 | 335.77M | 235.51M | -595.88M |
SBLK Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 284.32M | 473.27M | 195.53M | 126.26M | 213.87M | 273.5M | 181.75M | 208.05M | 86M | 53.54M |
Operating activities | ||||||||||
Net income | 173.55M | 565.99M | 680.53M | 9.66M | -16.20M | 58.39M | -9.77M | -154.22M | -458.17M | -11.72M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 138.42M | 167.37M | 152.64M | 142.29M | 124.28M | 102.85M | 82.62M | 81.93M | 82.07M | 37.15M |
Stock-based compensation expense | 20.87M | 28.48M | 10.33M | 4.62M | 7.94M | 0 | 9.26M | 4.16M | 2.68M | 5.83M |
| Deferred income tax benefit | 20.87M | 28.48M | 10.33M | 4.62M | 7.94M | 0 | 9.26M | 4.16M | 2.68M | 5.83M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 7.91M | -3.65M | -43.6M | 20.32M | -20.38M | -22.26M | -5.94M | -1.68M | 13.87M | -16.05M |
Inventories | -5.85M | -9.41M | -27.78M | 3.85M | -23.71M | -8.09M | -4.81M | -184K | 121K | -5.40M |
Accounts payable | 7.30M | 11.56M | -8.04M | -3.05M | 3.62M | 10.28M | 4.70M | -4.23M | -5.27M | 1.99M |
Cash generated by operating activities | 335.77M | 769.89M | 767.07M | 170.55M | 88.52M | 169.00M | 80.97M | -33.44M | -14.57M | 12.81M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7.04M | -4.52M | -200K |
Investments In Property Plant And Equipment | -18.09M | -25.40M | -130.14M | -72.05M | -347.14M | -328.63M | -143.68M | -396.15M | -473.91M | -523.30M |
Acquisitions Net | 250.96M | 0 | 0 | 0 | 56.63M | 0 | 15.15M | -16M | -404M | 96.26M |
Cash generated by investing activities | 235.51M | -20.87M | -121.26M | -66.33M | -279.83M | -325.32M | -126.85M | -13.21M | -397.53M | -437.07M |
Financing activities | ||||||||||
Common Stock Issued | 13.16M | 19.79M | 470.65M | 0 | 0 | -532K | 51.45M | 50.58M | 418.77M | 0 |
Payments for dividends | -158.05M | -668.69M | -230.24M | -4.80M | -4.80M | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -393.10M | -20.06M | -10.27M | 0 | -20.52M | -3.14M | 0 | 0 | 0 | 0 |
Repayments of term debt | -51.16M | -261.02M | -593.18M | -625.38M | 144.39M | -875.03M | 74.51M | -181.20M | 129.46M | -173.98M |
Cash used in financing activities | -595.88M | -935.95M | -368.06M | -34.94M | 103.69M | 96.69M | 122.03M | 20.36M | 534.16M | 456.70M |
Net Change In Cash | -24.59M | -186.92M | 277.74M | 69.26M | -87.61M | -59.62M | 76.15M | -26.29M | 122.05M | 32.45M |
Cash at end of period | 259.72M | 286.34M | 473.27M | 195.53M | 126.26M | 213.87M | 257.91M | 181.75M | 208.05M | 86M |
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