Schmitt Industries
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 Schmitt Industries generated cash of -$8,047,275, which is less than the previous year. Cash used in financing activities reached the amount of $1,264,476 last year. Net change in cash is therefore -$2,981,780.
Cash Flow
| 2013 | -679.11K | -175.54K | 0 |
|---|---|---|---|
| 2014 | -392.37K | -36.69K | 11.5K |
| 2015 | 390.14K | -49.12K | 0 |
| 2016 | -819.80K | 11.43K | 0 |
| 2017 | -148.28K | -98 | 0 |
| 2018 | -1.00M | -6.96K | 2.38M |
| 2019 | -716.61K | -6.47K | 52.12K |
| 2020 | 28.74K | 10.38M | -1.39M |
| 2021 | -6.93M | -3.03M | 3.44M |
| 2022 | -8.04M | 3.80M | 1.26M |
SMIT Cash Flow Statement (2013 – 2022)
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 4.03M | 10.56M | 1.46M | 2.11M | 867.60K | 988.68K | 1.79M | 1.51M | 1.90M | 2.77M |
Operating activities | ||||||||||
Net income | -3.28M | -8.08M | 3.88M | -1.21M | 210.63K | -1.07M | -1.51M | -93.66K | -539.62K | -539.88K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 437.18K | 549.22K | 161.13K | 188.34K | 205.23K | 219.08K | 245.82K | 266.57K | 328.29K | 347.71K |
Stock-based compensation expense | 119.39K | 266.54K | 354.04K | 94.62K | 0 | 79.76K | 58.19K | 72.57K | 57.72K | 89.88K |
| Deferred income tax benefit | 119.39K | 266.54K | 354.04K | 94.62K | 0 | 79.76K | 58.19K | 72.57K | 57.72K | 89.88K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -22.68K | -579.71K | 56.2K | 24.53K | 311.43K | -272.50K | 548.65K | -455.90K | -224.30K | 510.53K |
Inventories | -192.10K | 138.14K | 181.77K | 96.61K | -1.49M | 478.53K | -192.50K | 205.39K | 292.59K | -1.08M |
Accounts payable | 262.52K | 316.09K | 165.09K | -523.41K | -78.04K | 230.24K | 46.78K | 326.89K | -411.95K | 149.57K |
Cash generated by operating activities | -8.04M | -6.93M | 28.74K | -716.61K | -1.00M | -148.28K | -819.80K | 390.14K | -392.37K | -679.11K |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -996.90K | -1.40M | -32.98K | -6.47K | -8.46K | -52.63K | -3.52K | -66.62K | -56.19K | -175.83K |
Acquisitions Net | 0 | -1.66M | 10.42M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | 3.80M | -3.03M | 10.38M | -6.47K | -6.96K | -98 | 11.43K | -49.12K | -36.69K | -175.54K |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 2.38M | 0 | 0 | 0 | 11.5M | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | -300.49K | -1.35M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 1.26M | -317.75K | -49.39K | 0 | 0 | 0 | 0 | 0 | -400K | 0 |
Cash used in financing activities | 1.26M | 3.44M | -1.39M | 52.12K | 2.38M | 0 | 0 | 0 | 11.5K | 0 |
Net Change In Cash | -2.98M | -6.53M | 9.09M | -644.09K | 1.24M | -121.07K | -806.96K | 285.08K | -398.50K | -867.74K |
Cash at end of period | 1.05M | 4.03M | 10.56M | 1.46M | 2.11M | 867.60K | 988.68K | 1.79M | 1.51M | 1.90M |
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