Mackinac Financial Cash Flow - Annual (NASDAQ:MFNC)

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$13.24 $0.01 (0.08%) MFNC stock closing price Jan 17, 2017 (Closing)

The Mackinac Financial cash flow statement is one of the important reports considered by investors doing a fundamental analysis of the company. In simple terms, the cash flow statement measures the cash that has come into the company, and the cash that has gone out during a given period, while the other statements, the income statement and balance sheet, give details about Mackinac Financial profits and Mackinac Financial debt. 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 BNCC stock and CSBB stock. Mackinac Financial saw a inflow of $49M from investing activities for 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 had a Net Change in Cash and Cash Equivalents of $3.06M for the latest year 2015. If a firm is able to grow its cash, it is considered to be a positive signal and could lead to a jump in the Mackinac Financial stock price , albeit too much cash on hand can imply the company has no or limited avenues for growth in which to invest this cash.
  • Mackinac Financial increased its cash from operating activities to $4.65M 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: Mackinac Financial generated $49M cash due to investment activities. It includes the use of cash outside of normal day to day activities like buying fixed assets, plant and machinery etc.
  • 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