Taitron Components Incorporated
Cash Flow
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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 Taitron Components Incorporated generated cash of $3,150,000, which is more than the previous year. Cash used in financing activities reached the amount of -$1,148,000 last year. Net change in cash is therefore $988,000.
Cash Flow
| 2014 | 979K | -259K | 0 |
|---|---|---|---|
| 2015 | 274K | -37K | -16K |
| 2016 | 1.24M | -4K | -914K |
| 2017 | 388K | -130K | -1.01M |
| 2018 | 2.29M | -5K | -1.02M |
| 2019 | 1.41M | -3K | -591K |
| 2020 | 2.05M | -17K | -592K |
| 2021 | 1.80M | -1.58M | -889K |
| 2022 | 1.69M | -968K | -1.49M |
| 2023 | 3.15M | -1.01M | -1.14M |
TAIT Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 5.21M | 5.97M | 6.65M | 5.31M | 4.49M | 3.25M | 4.01M | 3.69M | 3.47M | 2.72M |
Operating activities | ||||||||||
Net income | 1.84M | 3.20M | 2.01M | 1.35M | 806K | 1.37M | 696K | -3.11M | -595K | -1.13M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 167K | 135K | 180K | 186K | 178K | 161K | 203K | 175K | 155K | 155K |
Stock-based compensation expense | 13K | 23K | 29K | 27K | 21K | 8K | 3K | 1K | 24K | 23K |
| Deferred income tax benefit | 13K | 23K | 29K | 27K | 21K | 8K | 3K | 1K | 24K | 23K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 591K | 217K | -262K | 378K | -126K | 66K | -935K | -19K | 147K | -26K |
Inventories | 1.23M | 1.18M | -1.87M | 1.20M | 2.30M | 213K | -115K | 320K | -1.12M | 765K |
Accounts payable | -17K | -1.60M | 1.40M | -52K | -510K | 124K | -9K | -182K | 640K | -174K |
Cash generated by operating activities | 3.15M | 1.69M | 1.80M | 2.05M | 1.41M | 2.29M | 388K | 1.24M | 274K | 979K |
Investing activities | ||||||||||
Purchases Of Investments | -7.83M | -1.23M | -1.56M | 0 | -186K | 0 | -93K | 0 | 0 | -245K |
Investments In Property Plant And Equipment | -215K | -2K | -18K | -17K | -17K | -5K | -37K | -4K | -37K | -14K |
Acquisitions Net | 0 | 2K | 1.35M | 0 | 200K | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -1.01M | -968K | -1.58M | -17K | -3K | -5K | -130K | -4K | -37K | -259K |
Financing activities | ||||||||||
Common Stock Issued | 54K | 208K | 76K | 85K | 126K | 60K | 40K | 0 | 0 | 0 |
Payments for dividends | -1.20M | -1.70M | -965K | -840K | -717K | -589K | -554K | -414K | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | -248K | 0 | 0 | 0 | 0 | -16K | 0 |
Repayments of term debt | 0 | 0 | 0 | -163K | 0 | -500K | -500K | -500K | 0 | 0 |
Cash used in financing activities | -1.14M | -1.49M | -889K | -592K | -591K | -1.02M | -1.01M | -914K | -16K | 0 |
Net Change In Cash | 988K | -757K | -678K | 1.33M | 819K | 1.24M | -768K | 326K | 222K | 746K |
Cash at end of period | 6.20M | 5.21M | 5.97M | 6.65M | 5.31M | 4.49M | 3.25M | 4.01M | 3.69M | 3.47M |
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