WANG & LEE GROUP
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 WANG & LEE GROUP generated cash of -$3,814,384, which is less than the previous year. Cash used in financing activities reached the amount of $8,413,951 last year. Net change in cash is therefore $4,600,577.
Cash Flow
| 2019 | -198.57K | -10.66K | 219.64K |
|---|---|---|---|
| 2020 | -74.38K | -2.92K | 83.89K |
| 2021 | -482.80K | 0 | 1.01M |
| 2022 | -352.76K | 0 | 422.53K |
| 2023 | -3.81M | 0 | 8.41M |
WLGS Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 609.61K | 537.73K | 8.21K | 7.43K | -2.96K |
Operating activities | |||||
Net income | -648.85K | -596.88K | -354.74K | 278.01K | 70.50K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 4.14K | 2.60K | 3.62K | 6.19K | 17.17K |
Stock-based compensation expense | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | -3.18M | -418.88K | 859.35K | -623.09K | -765.04K |
Inventories | 0 | -372.05K | -762.05K | 308.40K | 0 |
Accounts payable | 422.25K | 226.33K | -34.44K | -87.13K | 105.40K |
Cash generated by operating activities | -3.81M | -352.76K | -482.80K | -74.38K | -198.57K |
Investing activities | |||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -4 | 0 | 0 | -2.92K | -10.66K |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | 0 | 0 | 0 | -2.92K | -10.66K |
Financing activities | |||||
Common Stock Issued | 8.35M | 0 | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 588.76K | 96.74K | -2.56M | -1.85M | 0 |
Cash used in financing activities | 8.41M | 422.53K | 1.01M | 83.89K | 219.64K |
Net Change In Cash | 4.60M | 71.87K | 529.51K | 786 | 10.39K |
Cash at end of period | 5.21M | 609.61K | 537.73K | 8.21K | 7.43K |
| Data source | Data source |