Visible Gold Mines
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 Visible Gold Mines generated cash of -$125,337, which is more than the previous year. Cash used in financing activities reached the amount of -$15,862 last year. Net change in cash is therefore $11,169.
Cash Flow
| 2015 | -434.22K | -2.38M | 2.78M |
|---|---|---|---|
| 2016 | -399.39K | -657.74K | 1.46M |
| 2017 | -366.89K | -227.3K | -3.37K |
| 2018 | -320.15K | -212.42K | 248.91K |
| 2019 | -210.01K | -83.84K | 272.08K |
| 2020 | 61.67K | -101.66K | 0 |
| 2021 | -624.02K | -43.66K | 980.87K |
| 2022 | -299.06K | 139.35K | 0 |
| 2023 | -342.67K | -43.44K | 235.02K |
| 2024 | -125.33K | 152.82K | -15.86K |
VGD.V Cash Flow Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 22.44K | 173.54K | 333.25K | 20.06K | 60.04K | 81.81K | 365.48K | 963.05K | 554.28K | 590.61K |
Operating activities | ||||||||||
Net income | -702.02K | -896.03K | -4.08M | -781.97K | -315.14K | -3.57M | -540.24K | -506.91K | -724.81K | -5.05M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 18.40K | 4.67K | 8.18K | 4.57K | 4K | 250 | 0 | 0 | 0 | 1.19K |
Stock-based compensation expense | 45.82K | 0 | 46.54K | 292.35K | 0 | 38.42K | 0 | 95.4K | 30.4K | 236.25K |
| Deferred income tax benefit | 45.82K | 0 | 46.54K | 292.35K | 0 | 38.42K | 0 | 95.4K | 30.4K | 236.25K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 56.01K | -43.41K | 6.25K | -29.06K | 1.04K | 1.25K | -24.17K | 13.18K | 11.54K | 0 |
Inventories | 0 | 0 | -6.25K | 0 | -1.04K | -1.25K | 0 | 0 | 0 | 0 |
Accounts payable | 191.30K | 43.27K | 27.56K | 0 | 332.51K | 175.92K | -13.02K | 0 | 0 | 0 |
Cash generated by operating activities | -125.33K | -342.67K | -299.06K | -624.02K | 61.67K | -210.01K | -320.15K | -366.89K | -399.39K | -434.22K |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | -95.56K | 0 | 0 | 0 |
Investments In Property Plant And Equipment | 0 | -115.09K | -55.72K | -84.24K | -17.48K | -54.39K | -32.00K | -59.27K | -72.19K | -118.69K |
Acquisitions Net | 0 | 31.5K | 150K | 164K | 0 | 0 | 0 | 0 | 5K | 0 |
Cash generated by investing activities | 152.82K | -43.44K | 139.35K | -43.66K | -101.66K | -83.84K | -212.42K | -227.3K | -657.74K | -2.38M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 150K | 0 | 600K | 0 | 280K | 260K | 0 | 1.65M | 1.52M |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -15.86K | 90.75K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash used in financing activities | -15.86K | 235.02K | 0 | 980.87K | 0 | 272.08K | 248.91K | -3.37K | 1.46M | 2.78M |
Net Change In Cash | 11.16K | -151.09K | -159.70K | 313.18K | -39.98K | -21.77K | -283.66K | -597.56K | 408.77K | -36.33K |
Cash at end of period | 33.61K | 22.44K | 173.54K | 333.25K | 20.06K | 60.04K | 81.81K | 365.48K | 963.05K | 554.28K |