Sotheby's Cash Flow - Annual (NYSE:BID)

Add to My Stocks
$37.9 $0.33 (0.86%) BID stock closing price Dec 02, 2016 (Closing)

For analyzing any company like Sotheby's from an investment perspective, its important to check the cash flow statement. While its important to look at the Sotheby's 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 Sotheby's 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. Sotheby's purchased $100.97M worth of BID shares. The cash flow statement helps in the Sotheby's stock analysis by providing more information for evaluating changes in assets, liabilities and equities. Sotheby's had an inflow of $110.79M from operating activities, $46.48M spend due to financing activities, and $111.86M gain due to investing activities for 2015. View details of Sotheby's cash flows for latest & last ten financial years.

show more
Annual
Quarterly
View Previous Years
View Next Years
Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Sotheby's Net Income Cash Flow
43.72M117.79M130M108.29M171.41M160.95M-6.52M28.26M213.13M107.04M
Depreciation Depletion Amortization Cash-Flow21.26M24.13M26.79M29.43M28.96M27.6M31.81M24.84M23.04M25.46M
Net Increase (Decrease) in Assets Liabilities-327.59M-144.18M42M-239.42M184M117.32M99.37M-273.21M-285.97M103.34M
Cash From (used in) Discontinued Operations----------
Other Adjustments Net417.66M46.51M38.61M36.32M18.6M35.86M33.86M44.62M12.64M34.55M
Sotheby's Net Cash from (used by) Operating Activities
155.05M44.26M237.42M-65.38M402.98M341.73M158.52M-175.47M-37.14M270.41M
Increase (Decrease) in Prop Plant And Equipment-11.33M-10.86M-23.46M-18.97M-17.11M-17.99M-98.42M-24.19M-11.23M-12.71M
Acquisition Disposition of Subsidiaires------2.46M-0.19M-1.72M-
Increase (Decrease) in Investments0.27M0.3M1.22M-----133.61M-126.04M
Other Cash Inflow (Outflow) from Investment Activities-5.63M-117.99M-68.85M-201.74M67.18M-101.68M30.17M-59.32M43.09M-59.09M
Sotheby's Net Cash from (used by) Invesment Activities
-16.7M-128.56M-91.09M-220.72M50.07M-119.68M-65.78M-83.7M163.74M-197.85M
Issuance (Purchase) of Equity Shares-125M-24.03M4.04M0.96M2.56M14.03M1.26M-17.96M18.55M66.77M
Issuance (Repayment) of Debt Securities101.56M-9M-3.16M202.93M-3.07M-54.57M-1.69M227.78M--
Increase (Decrease) in Bank & Other Borrowings96.5M445M-197.37M--22.46M----1.61M-47.45M
Payment of Dividends & Other Cash Distributions-29.78M-331.53M-13.75M-35.22M-14.85M-13.62M-20.43M-40.65M-33.32M-12.94M
Other Cash from (used by) Financing Activities
Sotheby's Net Cash from (used by) Financing Activities
25.72M72.2M-202.29M153.8M-45.07M-58.21M-24.24M170.25M-0.69M21.24M
Effect of Exchange Rate Changes on Cash-9.2M-15.38M8.93M10.01M-1.01M-1.76M-0.37M-5.85M1.25M2.33M
Sotheby's Net Change in Cash & Cash Equivalents
154.86M-27.48M-47.03M-122.28M406.97M162.08M68.11M-94.78M127.15M96.13M
Cash & Equivalents at Beginning of Year693.82M721.31M768.34M890.63M483.66M321.57M253.46M348.25M221.09M124.95M
Cash & Equivalents at Year End848.69M693.82M721.31M768.34M890.63M483.66M321.57M253.46M348.25M221.09M
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Years
View Next Years
Get Cash flow for another ticker

1:36
BID
The statement of cash flows comprises of cash flow from financing, cash flow from operations and cash flow from investing activities. All the three can have an impact on the stock price. The Sotheby's stock price history and Sotheby's stock comparison chart inevitably reflect its cash flow situation.
  • Sotheby's has cash of $848.69M 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 Sotheby's stock price.
  • Sotheby's increased its cash from operating activities to $110.79M in 2015. 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 $155.05M for BID in last year report.
  • Inflow of cash in the form of bank loans and shareholders equity, and outflow of cash because of dividend payments, share repurchase payments etc. come under financing activities. The cash generated from these activities was $25.72M for Sotheby's.
.

Key Financial Ratios For Sotheby's Cash Flow

FCF margin
-0.64