Virtus KAR Mid-Cap Growth Fund
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 Virtus KAR Mid-Cap Growth Fund generated cash of $337,000,000, which is more than the previous year. Cash used in financing activities reached the amount of -$337,700,000 last year. Net change in cash is therefore -$220,600,000.
Cash Flow
| 2017 | 94.78M | -111.00M | -18.44M |
|---|---|---|---|
| 2018 | 185.73M | -735.12M | 659.72M |
| 2019 | 137.27M | -270.81M | -19.22M |
| 2020 | 378.99M | -112.34M | 235.45M |
| 2021 | 314.16M | -385.45M | 467.63M |
| 2022 | 275.9M | -1.73B | 1.15B |
| 2023 | 337M | -220.9M | -337.7M |
VRMGX Cash Flow Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 671.2M | 951.47M | 552.92M | 52.00M | 201.79M | 93.87M | 131.80M |
Operating activities | |||||||
Net income | 38.2M | 59.9M | 84.91M | 99.90M | 2.62M | -50.92M | 7.32M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 275M | 195.1M | 196.49M | 161.14M | 143.01M | 124.28M | 50.40M |
Stock-based compensation expense | 3.6M | 2M | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 3.6M | 2M | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | -19.5M | -30.1M | -40.62M | 75.69M | -43.92M | 10.94M | -25.93M |
Inventories | 1.8M | -2.5M | -1.65M | 3.08M | -1.46M | 1.11M | -373K |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 337M | 275.9M | 314.16M | 378.99M | 137.27M | 185.73M | 94.78M |
Investing activities | |||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -7.2M | -3.9M | -1.41M | -2.94M | -3.94M | -2.00M | -819K |
Acquisitions Net | -54.9M | -1.63B | -307.83M | -4.24M | -138.94M | 0 | 0 |
Cash generated by investing activities | -220.9M | -1.73B | -385.45M | -112.34M | -270.81M | -735.12M | -111.00M |
Financing activities | |||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | -97.84M | -43.95M | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | -17.40M | -279.40M | 0 | -9.89M | 0 |
Cash used in financing activities | -337.7M | 1.15B | 467.63M | 235.45M | -19.22M | 659.72M | -18.44M |
Net Change In Cash | -220.6M | -280.27M | 398.55M | 500.91M | -149.78M | 107.91M | -37.92M |
Cash at end of period | 450.6M | 671.2M | 951.47M | 552.92M | 52.00M | 201.79M | 93.87M |