Sovos Brands
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 Sovos Brands generated cash of $105,324,000, which is more than the previous year. Cash used in financing activities reached the amount of -$129,000 last year. Net change in cash is therefore $93,334,000.
Cash Flow
| 2019 | 11.56M | -12.68M | 2.40M |
|---|---|---|---|
| 2020 | 62.91M | -150.13M | 93.57M |
| 2021 | 46.94M | -14.18M | -3.63M |
| 2022 | 45.39M | 27.18M | -78K |
| 2023 | 105.32M | -11.86M | -129K |
SOVO Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 138.65M | 66.15M | 37.02M | 30.68M | 29.40M |
Operating activities | |||||
Net income | 30.17M | -53.45M | 1.91M | 10.82M | -27.14M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 33.95M | 38.86M | 37.81M | 33.79M | 33.05M |
Stock-based compensation expense | 24.45M | 18.43M | 9.82M | 1.91M | 2.11M |
| Deferred income tax benefit | 24.45M | 18.43M | 9.82M | 1.91M | 2.11M |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | -9.96M | -17.03M | -9.38M | -11.29M | -5.53M |
Inventories | -6.22M | -48.89M | -5.44M | -6.91M | -6.18M |
Accounts payable | 15.48M | 11.55M | 6.24M | 5.47M | 8.12M |
Cash generated by operating activities | 105.32M | 45.39M | 46.94M | 62.91M | 11.56M |
Investing activities | |||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -11.86M | -12.81M | -14.18M | -3.73M | -12.68M |
Acquisitions Net | 0 | 40M | 0 | -146.40M | 0 |
Cash generated by investing activities | -11.86M | 27.18M | -14.18M | -150.13M | -12.68M |
Financing activities | |||||
Common Stock Issued | 0 | 0 | 302.68M | 0 | 5.89M |
Payments for dividends | 0 | 0 | -400M | 0 | -5.37M |
Repurchases of common stock | 0 | 0 | 769.13M | -35K | -516K |
Repayments of term debt | 0 | 0 | -673.41M | -45.64M | 0 |
Cash used in financing activities | -129K | -78K | -3.63M | 93.57M | 2.40M |
Net Change In Cash | 93.33M | 72.5M | 29.12M | 6.34M | 1.28M |
Cash at end of period | 231.98M | 138.65M | 66.15M | 37.02M | 30.68M |
| Data source | Data source | Data source |