ReneSola Ltd
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 ReneSola Ltd generated cash of -$23,488,000, which is more than the previous year. Cash used in financing activities reached the amount of -$25,263,000 last year. Net change in cash is therefore -$37,114,000.
Cash Flow
| 2014 | -110.80M | 103.34M | 9.04M |
|---|---|---|---|
| 2015 | 2.21M | -40.02M | -11.15M |
| 2016 | 27.53M | 42.16M | -62.37M |
| 2017 | 18.43M | -156.35M | 102.40M |
| 2018 | -51.08M | -40.4M | 85.82M |
| 2019 | 55.91M | -1.59M | -39.30M |
| 2020 | -13.93M | 510K | 30.17M |
| 2021 | -6.41M | 19.38M | 204.87M |
| 2022 | -35.25M | -37.05M | -70.25M |
| 2023 | -23.48M | 15.30M | -25.26M |
SOL Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 107.28M | 254.38M | 40.67M | 24.69M | 9.02M | 13.42M | 37.33M | 38.04M | 99.84M | 86.77M |
Operating activities | ||||||||||
Net income | -3.18M | -4.54M | 6.61M | 2.15M | -11.68M | 5.09M | 3.19M | -34.69M | -5.07M | -33.63M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 7.83M | 6.81M | 6.79M | 7.34M | 7.79M | 8.40M | 4.47M | 83.20M | 90.11M | 90.22M |
Stock-based compensation expense | 1.44M | 1.73M | 2.62M | 369.18K | 348.91K | 0 | 870.61K | 747K | 1.52M | 1.68M |
| Deferred income tax benefit | 1.44M | 1.73M | 2.62M | 369.18K | 348.91K | 0 | 870.61K | 747K | 1.52M | 1.68M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | -17.72M | -30.34M | -19.74M | 20.76M | -18.36M | 2.08M | -30.51M | -211.82M | -129.28M |
Inventories | 0 | -740.15K | -128.93K | 92.07K | 102.86K | -24.48B | -24.48B | 10.47M | 121.76M | -16.67M |
Accounts payable | 0 | -2.34M | -2.70M | -12.96M | 8.24M | 24.45B | 24.45B | -52.54B | -158.96B | -174.89B |
Cash generated by operating activities | -23.48M | -35.25M | -6.41M | -13.93M | 55.91M | -51.08M | 18.43M | 27.53M | 2.21M | -110.80M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | -9.98M | 0 | 0 | 0 | 0 | 0 | 7.50M | -4.37M | -7.71M |
Investments In Property Plant And Equipment | -10.74M | -37.61M | -11.61M | -8.24M | -13.69M | -40.39M | -80.31M | -7.10M | -16.82M | -54.51M |
Acquisitions Net | 15.89M | 2.62M | 33.39M | -3.89M | 25.18M | 30.31M | 0 | 3.19M | -83K | 18.68M |
Cash generated by investing activities | 15.30M | -37.05M | 19.38M | 510K | -1.59M | -40.4M | -156.35M | 42.16M | -40.02M | 103.34M |
Financing activities | ||||||||||
Common Stock Issued | 106K | 393K | 290M | 44.99M | 11M | 0 | 0 | 0 | 0 | 4M |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -21.93M | -43.67M | -18.44M | 0 | 0 | 0 | 0 | -1.49M | -812.18K | 0 |
Repayments of term debt | -3.54M | -16.99M | -55.45M | -29.72M | -63.29M | -46.62M | 52.89M | -1.04B | -55.61M | -1.04B |
Cash used in financing activities | -25.26M | -70.25M | 204.87M | 30.17M | -39.30M | 85.82M | 102.40M | -62.37M | -11.15M | 9.04M |
Net Change In Cash | -37.11M | -147.09M | 213.70M | 15.97M | 15.67M | -4.40M | -23.90M | -709K | -61.80M | 13.07M |
Cash at end of period | 70.17M | 107.28M | 254.38M | 40.67M | 24.69M | 9.02M | 13.42M | 37.33M | 38.04M | 99.84M |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |