Universal Insurance Holdings
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 Universal Insurance Holdings generated cash of $70,971,000, which is less than the previous year. Cash used in financing activities reached the amount of -$47,120,000 last year. Net change in cash is therefore $8,600,000.
Cash Flow
| 2014 | 123.34M | -77.18M | -48.03M |
|---|---|---|---|
| 2015 | 219.27M | -83.05M | -54.60M |
| 2016 | 121.39M | -174.31M | -38.36M |
| 2017 | 245.01M | -85.70M | -51.54M |
| 2018 | 230.10M | -212.28M | -64.87M |
| 2019 | 84.59M | 28.32M | -97.24M |
| 2020 | 29.34M | 22.04M | -56.26M |
| 2021 | 234.37M | -229.40M | 68.29M |
| 2022 | 324.51M | -148.86M | -37.45M |
| 2023 | 70.97M | -15.25M | -47.12M |
UVE Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 391.34M | 253.14M | 179.87M | 184.74M | 169.06M | 216.12M | 105.73M | 197.01M | 115.39M | 117.27M |
Operating activities | ||||||||||
Net income | 66.82M | -22.25M | 20.40M | 19.10M | 46.51M | 117.05M | 106.93M | 99.41M | 106.48M | 72.98M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 7.31M | 7.29M | 6.91M | 5.10M | 4.95M | 4.82M | 4.05M | 3.24M | 2.03M | 1.19M |
Stock-based compensation expense | 2.91M | 4.72M | 5.81M | 8.69M | 13.00M | 12.78M | 10.51M | 10.28M | 17.38M | 12.34M |
| Deferred income tax benefit | 2.91M | 4.72M | 5.81M | 8.69M | 13.00M | 12.78M | 10.51M | 10.28M | 17.38M | 12.34M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 581.75M | -628.61M | -23.67M | 29.29M | 220.89M | -240.02M | -185.27M | 19.66M | 39.06M | 40.48M |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | -192.65M | 195.84M | 178.35M | -112.26M | 28.31M | -16.88M | 29.16M | 10.11M | 3.77M | -19.48M |
Cash generated by operating activities | 70.97M | 324.51M | 234.37M | 29.34M | 84.59M | 230.10M | 245.01M | 121.39M | 219.27M | 123.34M |
Investing activities | ||||||||||
Purchases Of Investments | -184.67M | -276.64M | -505.83M | -1.19B | -222.99M | -463.43M | -279.90M | -386.81M | -330.77M | -273.42M |
Investments In Property Plant And Equipment | -4.01M | -4.89M | -7.22M | -17.21M | -11.31M | -6.73M | -4.61M | -8.22M | -11.86M | -9.26M |
Acquisitions Net | 0 | 34.17M | 2.74M | 182K | 38K | 35K | 23K | 36K | -1M | 0 |
Cash generated by investing activities | -15.25M | -148.86M | -229.40M | 22.04M | 28.32M | -212.28M | -85.70M | -174.31M | -83.05M | -77.18M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 30K | 0 | 102K | 0 | 3.08M | 511K | 0 |
Payments for dividends | -23.28M | -23.78M | -24.20M | -24.55M | -26.11M | -25.51M | -24.01M | -24.20M | -22.29M | -19.25M |
Repurchases of common stock | -22.02M | -11.64M | -1.60M | -28.92M | -66.18M | -25.27M | -18.14M | -8.51M | -18.90M | -47.39M |
Repayments of term debt | -1.47M | -1.47M | -95.16M | -1.47M | -1.47M | -1.47M | -2.17M | -2.13M | -7.08M | -7.47M |
Cash used in financing activities | -47.12M | -37.45M | 68.29M | -56.26M | -97.24M | -64.87M | -51.54M | -38.36M | -54.60M | -48.03M |
Net Change In Cash | 8.6M | 138.19M | 73.27M | -4.87M | 15.68M | -47.05M | 107.75M | -91.28M | 81.61M | -1.87M |
Cash at end of period | 399.94M | 391.34M | 253.14M | 179.87M | 184.74M | 169.06M | 213.48M | 105.73M | 197.01M | 115.39M |
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