Worthington Steel
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 Worthington Steel generated cash of $199,500,000, which is less than the previous year. Cash used in financing activities reached the amount of -$68,800,000 last year. Net change in cash is therefore $7,500,000.
Cash Flow
| 2021 | 152.55M | -27.69M | -116.67M |
|---|---|---|---|
| 2023 | 315.01M | -22.15M | -280.23M |
| 2024 | 199.5M | -123.2M | -68.8M |
WS Cash Flow Statement (2020 – 2023)
| 2023 | 2022 | 2020 | |
|---|---|---|---|
Cash at beginning of period | 32.7M | 20.05M | 9.27M |
Operating activities | |||
Net income | 154.7M | 99.69M | 188.66M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||
Depreciation and amortization | 65.3M | 69.58M | 44.95M |
Stock-based compensation expense | 10.3M | 10.35M | 10.13M |
| Deferred income tax benefit | 10.3M | 10.35M | 10.13M |
| Changes in operating assets and liabilities: | |||
Accounts receivable, net | -1.4M | 107.18M | -195.04M |
Inventories | 16.39M | 154.52M | -178.37M |
Accounts payable | -26.7M | -124.34M | 293.08M |
Cash generated by operating activities | 199.5M | 315.01M | 152.55M |
Investing activities | |||
Purchases Of Investments | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -103.4M | -45.47M | -28.80M |
Acquisitions Net | -21M | 3.1M | 925K |
Cash generated by investing activities | -123.2M | -22.15M | -27.69M |
Financing activities | |||
Common Stock Issued | 300K | 0 | 0 |
Payments for dividends | -7.9M | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 |
Repayments of term debt | 0 | -60.2M | 0 |
Cash used in financing activities | -68.8M | -280.23M | -116.67M |
Net Change In Cash | 7.5M | 12.62M | 8.18M |
Cash at end of period | 40.2M | 32.67M | 17.45M |
| Data source |