Mackinac Financial Cash Flow - Annual (NASDAQ:MFNC)

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$13.3 $0 (0%) MFNC stock closing price Dec 05, 2016 (Closing)

The cash flow statement is one of the reports a publicly traded company like Mackinac Financial needs to disclose. The profit-loss statement shows Mackinac Financial profits, the balance sheet shows Mackinac Financial debt, and the cash flow statement reflects the liquidity and solvency of a firm. This statement reflects the company's ability to generate cash flows. The cash flow statement is essetial while conducting the Mackinac Financial cash flow analysis and can be used to measure the operating performance of Mackinac Financial compared to various industry peers like HLAN stock and FCLF stock. MFNC increase in investments stood at a negative value of $-5.98M for the latest 2015. View details of Mackinac Financial cash flows for latest & last ten financial years.

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Mackinac Financial Net Income Cash Flow
5.59M1.7M5.93M7.08M2.21M-0.41M2.41M1.87M10.16M1.71M
Depreciation Depletion Amortization Cash-Flow1.67M1.5M1.65M1.54M1.41M1.64M2.02M1.35M0.73M1.05M
Net Increase (Decrease) in Assets Liabilities1.8M2.22M-0.36M0.72M0.5M12.59M-15.35M0.15M-0.27M0.04M
Cash From (used in) Discontinued Operations----------
Other Adjustments Net4.01M3.01M2.06M0.61M-2.26M5.66M2.41M3.99M-6.69M-1.11M
Mackinac Financial Net Cash from (used by) Operating Activities
13.09M8.44M9.3M9.97M1.87M19.47M-8.49M7.37M3.93M1.7M
Increase (Decrease) in Prop Plant And Equipment0.36M-0.52M0.91M-1.32M4.42M2.27M-0.09M1.33M-1.19M-0.35M
Acquisition Disposition of Subsidiaires--4.48M--------
Increase (Decrease) in Investments12M1.21M-2.01M-4.54M-24.33M-9.35M-18.58M-46.61M-253.38M-80.43M
Other Cash Inflow (Outflow) from Investment Activities-18.35M-51.19M-37.85M-50.35M-12.12M-28.67M1.22M-8.99M0.16M
Mackinac Financial Net Cash from (used by) Invesment Activities
-5.98M-54.98M-38.95M-56.21M-19.91M5.03M-47.36M-44.04M-33.57M-80.61M
Issuance (Purchase) of Equity Shares-1.12M-0.14M-11.5M10.2M--0.55M11M-0.11M--
Issuance (Repayment) of Debt Securities-4.09M11.99M1.92M-0.07M----7.78M-0.06M1.89M
Increase (Decrease) in Bank & Other Borrowings-----0.07M-0.07M-0.07M-1.95M7.71M-
Payment of Dividends & Other Cash Distributions-2.17M-1.3M-1.25M-0.77M-0.55M--0.5M---
Other Cash from (used by) Financing Activities
Mackinac Financial Net Cash from (used by) Financing Activities
-4.04M50.26M20.9M39.12M17.38M-35.23M91.18M40.42M25.29M81.67M
Effect of Exchange Rate Changes on Cash----------
Mackinac Financial Net Change in Cash & Cash Equivalents
3.06M3.72M-8.74M-7.1M-0.64M-10.71M35.32M3.75M-4.34M2.76M
Cash & Equivalents at Beginning of Year21.94M18.21M26.96M34.07M34.71M45.43M10.11M6.36M10.7M7.94M
Cash & Equivalents at Year End25M21.94M18.21M26.96M34.07M34.71M45.43M10.11M6.36M10.7M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Mackinac Financial stock price history provides insight into historical stock price fluctuations, and Mackinac Financial stock comparison chart enables peer comparison. Some of the key terms used in the statement of cash flows are:
  • Mackinac Financial has cash of $25M 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 Mackinac Financial stock price.
  • Cash Flow from operating activities: Mackinac Financial reported a positive operating cash flow of $13.09M for 2015 and has seen an increase from the previous year. Operating cash flow or working capital comes from main business activities. Investors look for positive cash flow from recurring operating activities.
  • Cash from investing stood at a positive value of $-5.98M for MFNC stock. A company with surplus cash usually thinks of re-investing it in the form of buying fixed assests, or purchasing plant/ machinery which will help grow the business further. By looking at cash flow from investment activities one can check where the company is putting its cash.
  • Cash flow from financing activities shows the flow of cash between Mackinac Financial and its owners and creditors and was $-4.04M for 2015. Financing activities allow a company to raise capital, and repay bondholders.
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Key Financial Ratios For Mackinac Financial Cash Flow

FCF margin
0.22