Toro 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 Toro Corp. generated cash of $56,126,319, which is more than the previous year. Cash used in financing activities reached the amount of $6,273,237 last year. Net change in cash is therefore $113,105,807.
Cash Flow
| 2021 | -4.41M | -111.28M | 121.36M |
|---|---|---|---|
| 2022 | 41.53M | 11.78M | -16.51M |
| 2023 | 56.12M | 50.70M | 6.27M |
TORO Cash Flow Statement (2021 – 2023)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
Cash at beginning of period | 42.47M | 5.66M | 0 |
Operating activities | |||
Net income | 140.63M | 49.92M | -1.43M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||
Depreciation and amortization | 6.83M | 7.29M | 3.83M |
Stock-based compensation expense | 1.27M | 0 | 0 |
| Deferred income tax benefit | 1.27M | 0 | 0 |
| Changes in operating assets and liabilities: | |||
Accounts receivable, net | 7.01M | -6.78M | -4.10M |
Inventories | 684.36K | 2.24M | -3.13M |
Accounts payable | 1.61M | 1.30M | 47.83K |
Cash generated by operating activities | 56.12M | 41.53M | -4.41M |
Investing activities | |||
Purchases Of Investments | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -72.23M | -852.60K | -111.28M |
Acquisitions Net | 0 | 12.64M | 0 |
Cash generated by investing activities | 50.70M | 11.78M | -111.28M |
Financing activities | |||
Common Stock Issued | 19.46M | -14.14M | 105.46M |
Payments for dividends | -851.66K | 0 | 0 |
Repurchases of common stock | -1.04M | -13.46M | 0 |
Repayments of term debt | -7.99M | -3.05M | -1.7M |
Cash used in financing activities | 6.27M | -16.51M | 121.36M |
Net Change In Cash | 113.10M | 36.81M | 5.66M |
Cash at end of period | 155.58M | 42.47M | 5.66M |
| Data source | Data source |