Wolverine Energy and Infrastructure
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 Wolverine Energy and Infrastructure generated cash of $7,242,469, which is more than the previous year. Cash used in financing activities reached the amount of -$13,046,487 last year. Net change in cash is therefore -$2,950,802.
Cash Flow
| 2018 | -1.14M | -17.83M | 17.52M |
|---|---|---|---|
| 2020 | 3.79M | -40.61M | 27.67M |
| 2021 | -5.09M | 1.17M | 2.87M |
| 2023 | 7.24M | 2.85M | -13.04M |
WEII.V Cash Flow Statement (2017 – 2022)
| 2022 | 2020 | 2019 | 2017 | |
|---|---|---|---|---|
Cash at beginning of period | 3.86M | 3.88M | -4.51M | -3.41M |
Operating activities | ||||
Net income | -25.21M | -21.60M | 13.25M | -146.04K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||
Depreciation and amortization | 19.28M | 26.48M | 21.64M | 5.08M |
Stock-based compensation expense | 470.56K | 2.06M | 0 | 0 |
| Deferred income tax benefit | 470.56K | 2.06M | 0 | 0 |
| Changes in operating assets and liabilities: | ||||
Accounts receivable, net | 0 | 0 | 0 | 0 |
Inventories | 0 | 0 | -1.24M | -2.21K |
Accounts payable | 0 | 0 | 0 | 1.08M |
Cash generated by operating activities | 7.24M | -5.09M | 3.79M | -1.14M |
Investing activities | ||||
Purchases Of Investments | 0 | 0 | -500K | 0 |
Investments In Property Plant And Equipment | -2.32M | -6.97M | -21.33M | -17.98M |
Acquisitions Net | 0 | 0 | -24.30M | 0 |
Cash generated by investing activities | 2.85M | 1.17M | -40.61M | -17.83M |
Financing activities | ||||
Common Stock Issued | 0 | 0 | 23M | 2.64M |
Payments for dividends | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | -251.63K | -1.57M | 0 |
Repayments of term debt | 0 | -15.45M | 0 | 0 |
Cash used in financing activities | -13.04M | 2.87M | 27.67M | 17.52M |
Net Change In Cash | -2.95M | -1.05M | -9.13M | -1.44M |
Cash at end of period | 911.80K | 2.82M | -13.64M | -4.86M |