Target Hospitality Corp.
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 Target Hospitality Corp. generated cash of $156,801,000, which is less than the previous year. Cash used in financing activities reached the amount of -$166,369,000 last year. Net change in cash is therefore -$77,744,000.
Cash Flow
| 2016 | 44.72M | -5.12M | -39.94M |
|---|---|---|---|
| 2017 | 40.77M | -130.24M | 98.05M |
| 2018 | 26.20M | -220.91M | 194.55M |
| 2019 | 60.49M | -112.70M | 46.65M |
| 2020 | 46.78M | -10.94M | -35.68M |
| 2021 | 104.59M | -35.91M | -52.27M |
| 2022 | 305.61M | -140.22M | -7.09M |
| 2023 | 156.80M | -68.18M | -166.36M |
TH Cash Flow Statement (2016 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 181.67M | 23.40M | 6.97M | 6.83M | 12.45M | 12.53M | 3.81M | 4.16M |
Operating activities | ||||||||
Net income | 173.7M | 73.93M | -4.57M | -27.47M | 6.23M | 4.95M | 981K | 26.90M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||
Depreciation and amortization | 83.97M | 67.66M | 70.51M | 65.61M | 58.90M | 39.12M | 30.14M | 41.32M |
Stock-based compensation expense | 11.17M | 19.24M | 5.08M | 3.60M | 1.74M | 0 | 0 | 0 |
| Deferred income tax benefit | 11.17M | 19.24M | 5.08M | 3.60M | 1.74M | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||||
Accounts receivable, net | -25.8M | -13.69M | -2.22M | 16.26M | 7.44M | -25.90M | -6.87M | -4.45M |
Inventories | 10.39M | 0 | -9.92M | -1.03M | 16.82M | 3.91M | 0 | 0 |
Accounts payable | -10.39M | 6.37M | 9.92M | 1.03M | -16.82M | 1.05M | 0 | 0 |
Cash generated by operating activities | 156.80M | 305.61M | 104.59M | 46.78M | 60.49M | 26.20M | 40.77M | 44.72M |
Investing activities | ||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | -250K | 0 | 0 |
Investments In Property Plant And Equipment | -63.87M | -120.28M | -35.48M | -12.17M | -84.73M | -79.68M | -16.21M | -5.12M |
Acquisitions Net | 0 | 615K | 0 | 990K | -30M | -200.35M | -36.53M | 0 |
Cash generated by investing activities | -68.18M | -140.22M | -35.91M | -10.94M | -112.70M | -220.91M | -130.24M | -5.12M |
Financing activities | ||||||||
Common Stock Issued | 0 | 80K | 0 | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | -26.73M | -23.56M | 0 |
Repurchases of common stock | -6.81M | -121K | -99K | -5.53M | -18.24M | 0 | 0 | 0 |
Repayments of term debt | -154.45M | -7.28M | -80.17M | -30.14M | 390.05M | -121.94M | 1.66M | -50.62M |
Cash used in financing activities | -166.36M | -7.09M | -52.27M | -35.68M | 46.65M | 194.55M | 98.05M | -39.94M |
Net Change In Cash | -77.74M | 158.26M | 16.42M | 140K | -5.61M | -339K | 8.72M | -351K |
Cash at end of period | 103.92M | 181.67M | 23.40M | 6.97M | 6.83M | 12.19M | 12.53M | 3.81M |
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