Abaxis Cash Flow - Annual (NASDAQ:ABAX)

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$48.09 $0.36 (0.74%) ABAX stock closing price Mar 23, 2017 (Closing)

The Abaxis cash flow statement helps investors understand how well the company is managing its cash flows. While its important to look at the Abaxis debt position, the cash flow statement becomes equally important because public companies use accrual accounting. For example, if a company sells a product which gets counted as Abaxis revenue but does not convert to cash because it does not receive payment in the same quarter, it affects the cash position for that period. This statement can tell if a company is running out of money while still being profitable and is useful in Abaxis stock analysis. Abaxis had a positive net income cash flow of $31.63M for the latest year. This report is very useful in measuring the short term viability of a company. Abaxis has a negative cash and cash equivalents change of $-18.69M. View details of Abaxis cash flows for latest & last ten financial years.

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Annual
Quarterly
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Fiscal year is Apr - Mar. 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Abaxis Net Income Cash Flow
31.63M27.33M14.18M27.45M13.09M14.53M13.02M12.01M12.5M10.07M
Depreciation Depletion Amortization Cash-Flow7.87M9.12M7.95M7.12M6.07M5.08M5.14M4.49M3.49M2.68M
Net Increase (Decrease) in Assets Liabilities-21.63M0.98M9.22M-8.97M-2.98M-7.69M-0.14M-2.17M-6.93M-1.26M
Cash From (used in) Discontinued Operations-0.55M-7.68M--------
Other Adjustments Net10.74M6.63M4.2M3.58M5.79M4.44M4.65M-5.9M0.33M
Abaxis Net Cash from (used by) Operating Activities
28.05M36.39M35.57M29.19M21.97M16.36M22.67M14.33M14.96M11.82M
Increase (Decrease) in Prop Plant And Equipment-5.18M-6.05M-5.51M-5.63M-7.66M-6.92M-3.41M-2.63M-3.61M-2.92M
Acquisition Disposition of Subsidiaires-0.23M19.48M--------
Increase (Decrease) in Investments-14.82M-3.33M-7.84M3.97M16.14M3.11M-43.21M18.3M-8.93M-14.78M
Other Cash Inflow (Outflow) from Investment Activities--------5M--
Abaxis Net Cash from (used by) Invesment Activities
-20.23M10.09M-13.35M-1.65M8.47M-3.8M-46.62M10.67M-12.55M-17.7M
Issuance (Purchase) of Equity Shares-13.02M0.1M-1.52M2.8M-26.71M1.68M0.46M0.35M3.01M5.32M
Issuance (Repayment) of Debt Securities----0.14M0.85M----
Increase (Decrease) in Bank & Other Borrowings----------
Payment of Dividends & Other Cash Distributions-9.97M-9M--22.02M------
Other Cash from (used by) Financing Activities
Abaxis Net Cash from (used by) Financing Activities
-26.62M-10.96M-4.04M-18.16M-27.91M2.78M2.56M7.06M4.62M5.89M
Effect of Exchange Rate Changes on Cash0.11M-2.1M0.51M-0.3M-0.16M0.26M0.01M-0.05M--
Abaxis Net Change in Cash & Cash Equivalents
-18.69M33.42M18.67M9.06M2.37M15.61M-21.38M32.01M7.03M0.01M
Cash & Equivalents at Beginning of Year107.01M73.58M54.91M45.84M43.47M27.85M49.23M17.21M10.18M10.16M
Cash & Equivalents at Year End88.32M107.01M73.58M54.91M45.84M43.47M27.85M49.23M17.21M10.18M
All figures in USD. M: Millions of USD, B: Billions of USD.
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ABAX
Abaxis stock price history provides insight into historical stock price fluctuations, and Abaxis stock comparison chart enables peer comparison. Some of the key terms used in the statement of cash flows are:
  • Abaxis has cash of $88.32M on hand. A healthy amount of cash on hand is necessary for any company. Cash has an opportunity cost associated with it, and too much cash in bank may mean that the firm has no or limited growth plans. Hence its important to track the Net Change in Cash and Cash Equivalents along with the Abaxis stock price.
  • Abaxis decreased its cash from operating activities to $8.34M in 2016. Operating activities include production of goods or creating a product or providing a service, and collecting payment for the same from customers. The cash generated from these activities is refered to as cash flow from operating activities.
  • Cash Flow from investment activities: This includes buying/selling of land and equipment, acquisitions and mergers, sell-off, investment in other companies like buying bonds, stocks etc. , and was $28.05M for ABAX in last year report.
  • Cash Flow from financing activities: Financing activities include the cash that comes into a company in the form of loans or interest earned or shareholders money, as well as the cash that goes out. Abaxis spent $15.66M from financing activities,in the form of repayment of loans or interest paid, dividend pay-out to shareholders etc.
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Key Financial Ratios For Abaxis Cash Flow

FCF margin
0.06