TESSCO Technologies Incorporated
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 TESSCO Technologies Incorporated generated cash of -$11,959,000, which is less than the previous year. Cash used in financing activities reached the amount of $26,690,700 last year. Net change in cash is therefore -$976,800.
Cash Flow
| 2014 | 18.66M | -4.71M | -6.95M |
|---|---|---|---|
| 2015 | 11.07M | -2.94M | -12.07M |
| 2016 | 20.14M | -3.51M | -7.26M |
| 2017 | 3.05M | -2.56M | -8.83M |
| 2018 | -9.24M | -3.53M | 4.26M |
| 2019 | 8.24M | -5.16M | -3.07M |
| 2020 | 908.2K | -6.84M | 5.95M |
| 2021 | -684.2K | -2.65M | 4.39M |
| 2022 | -2.49M | -9.50M | 12.64M |
| 2023 | -11.95M | -15.70M | 26.69M |
TESS Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 1.75M | 1.11M | 50K | 30.3K | 19.4K | 8.54M | 16.88M | 7.52M | 11.46M | 4.46M |
Operating activities | ||||||||||
Net income | -4.34M | -2.70M | -8.74M | -21.56M | 5.54M | 5.19M | 1.44M | 5.34M | 8.63M | 16.24M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 3.86M | 2.48M | 3.74M | 4.02M | 3.61M | 3.99M | 4.23M | 4.73M | 4.58M | 4.86M |
Stock-based compensation expense | 1.09M | 1.33M | 1.21M | 1.17M | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 1.09M | 1.33M | 1.21M | 1.17M | 0 | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -7.45M | -5.50M | 12.67M | 11.09M | -6.10M | -23.15M | -6.38M | 1.25M | 7.92M | 14.68M |
Inventories | -17.40M | -1.68M | 9.27M | 2.69M | 477.6K | -8.33M | -10.08M | 18.45M | -10.40M | -1.04M |
Accounts payable | 7.37M | 2.51M | -15.19M | 905.3K | 5.07M | 13.45M | 11.59M | -9.81M | 1.04M | -14.45M |
Cash generated by operating activities | -11.95M | -2.49M | -684.2K | 908.2K | 8.24M | -9.24M | 3.05M | 20.14M | 11.07M | 18.66M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -15.70M | -9.50M | -11.85M | -6.84M | -5.16M | -3.53M | -2.56M | -3.51M | -2.95M | -4.74M |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -15.70M | -9.50M | -2.65M | -6.84M | -5.16M | -3.53M | -2.56M | -3.51M | -2.94M | -4.71M |
Financing activities | ||||||||||
Common Stock Issued | 147.6K | 157.5K | 199.2K | 262.4K | 279K | 148.7K | 137.63K | 153.7K | 195.9K | 213.3K |
Payments for dividends | 0 | 0 | 0 | -5.28M | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -158.1K | -66.4K | -121.6K | -882.1K | -111.1K | -65.4K | -192.4K | -937.3K | -6.22M | -1.64M |
Repayments of term debt | 0 | 0 | -132.84M | -2.3K | 0 | -26.7K | 0 | -250.6K | 0 | -249.6K |
Cash used in financing activities | 26.69M | 12.64M | 4.39M | 5.95M | -3.07M | 4.26M | -8.83M | -7.26M | -12.07M | -6.95M |
Net Change In Cash | -976.8K | 644K | 1.06M | 19.7K | 10.9K | -8.52M | -8.34M | 9.35M | -3.94M | 6.99M |
Cash at end of period | 777.2K | 1.75M | 1.11M | 50K | 30.3K | 19.4K | 8.54M | 16.88M | 7.52M | 11.46M |
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