WesCan Energy 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 WesCan Energy Corp. generated cash of -$270,543, which is less than the previous year. Cash used in financing activities reached the amount of $389,312 last year. Net change in cash is therefore -$420,760.
Cash Flow
| 2013 | -216.56K | -54.60K | 474.70K |
|---|---|---|---|
| 2016 | 194.91K | -1.25M | 1.18M |
| 2018 | 155.59K | 0 | 2.83K |
| 2020 | -30.26K | -3.25K | -77.93K |
| 2021 | -260.30K | 0 | 219.32K |
| 2023 | 550.88K | -1.40M | 826.03K |
| 2024 | -270.54K | -539.52K | 389.31K |
WCE.V Cash Flow Statement (2013 – 2023)
| 2023 | 2022 | 2020 | 2019 | 2017 | 2015 | 2013 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 440.56K | 468.30K | 416.99K | 528.45K | 241.97K | 131.41K | 5.39K |
Operating activities | |||||||
Net income | 233.91K | -135.58K | 432.80K | -2.94M | -628.80K | 3.15M | -730.12K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 557.59K | 687.18K | 1.62K | 1.62K | 605.23K | 70.78K | 0 |
Stock-based compensation expense | 0 | 0 | 0 | 0 | 0 | 0 | -65.16K |
| Deferred income tax benefit | 0 | 0 | 0 | 0 | 0 | 0 | -65.16K |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | 62.67K | -123.60K | -67.32K | 145.65K | 41.66K | -93.47K | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | -975.80K | 102.51K | 444.60K | 170.12K | 127.12K | 592.98K | 171.17K |
Cash generated by operating activities | -270.54K | 550.88K | -260.30K | -30.26K | 155.59K | 194.91K | -216.56K |
Investing activities | |||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -150.95K | -1.80M | 0 | -3.25K | 0 | -168.07K | -54.60K |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | -1.24M | 0 |
Cash generated by investing activities | -539.52K | -1.40M | 0 | -3.25K | 0 | -1.25M | -54.60K |
Financing activities | |||||||
Common Stock Issued | 0 | 332.5K | 175K | 0 | 67.65K | 0 | 285.2K |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -7.8K | 0 | -60K | -76K | -264.61K | 1.19M | 0 |
Cash used in financing activities | 389.31K | 826.03K | 219.32K | -77.93K | 2.83K | 1.18M | 474.70K |
Net Change In Cash | -420.76K | -27.73K | -40.98K | -111.45K | 158.43K | 123.98K | 203.52K |
Cash at end of period | 19.80K | 440.56K | 376.00K | 416.99K | 400.40K | 255.40K | 208.92K |