Mackinac Financial Cash Flow - Quarterly (NASDAQ:MFNC)

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$13.21 $0.17 (1.3%) MFNC stock closing price Mar 22, 2017 (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. This statement can tell if a company is running out of money while still being profitable and is useful in Mackinac Financial stock analysis. Mackinac Financial had a positive net income cash flow of $2.78M for the latest quarter. This report is very useful in measuring the short term viability of a company. Mackinac Financial has a positive cash and cash equivalents change of $23.6M. View details of Mackinac Financial cash flows for latest & last 40 quarters.

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2
Mackinac Financial Net Income Cash Flow
2.78M1M1.13M5.59M4M2.98M1.37M1.7M2.35M1.46M
Depreciation Depletion Amortization Cash-Flow1.33M0.82M0.39M1.67M1.26M0.84M0.41M1.5M1.11M0.75M
Net Increase (Decrease) in Assets Liabilities11.28M12.07M-0.89M1.8M1.97M1.89M2.66M2.22M-0.34M0.03M
Cash From (used in) Discontinued Operations----------
Other Adjustments Net2.19M0.89M0.65M4.01M3.1M2.1M1.16M3.01M2.3M1.39M
Mackinac Financial Net Cash from (used by) Operating Activities
17.6M14.8M1.28M13.09M10.34M7.82M5.61M8.44M5.42M3.64M
Increase (Decrease) in Prop Plant And Equipment-0.68M-0.45M-0.09M0.36M0.06M0.37M0.09M-0.52M-0.28M-0.05M
Acquisition Disposition of Subsidiaires-19.82M-12.5M------4.48M--
Increase (Decrease) in Investments9.52M5.68M0.01M12M11.96M5.72M2.97M1.21M-4.19M-2.73M
Other Cash Inflow (Outflow) from Investment Activities-25.1M-28.28M-0.84M-18.35M-18.47M-14.25M3.41M-51.19M-35.24M-19.57M
Mackinac Financial Net Cash from (used by) Invesment Activities
-36.09M-35.55M-0.92M-5.98M-6.45M-8.15M6.48M-54.98M-39.72M-22.37M
Issuance (Purchase) of Equity Shares-0.15M-0.15M-0.09M-1.12M-0.79M-0.5M-0.26M-0.14M-0.14M-0.14M
Issuance (Repayment) of Debt Securities10.97M13.85M10.7M-4.09M-0.25M14.63M-0.01M11.99M14.55M4.23M
Increase (Decrease) in Bank & Other Borrowings----------
Payment of Dividends & Other Cash Distributions-1.89M-1.24M-0.6M-2.17M-1.57M-0.93M-0.46M-1.3M-0.84M-0.55M
Other Cash from (used by) Financing Activities33.15M23.52M-17.34M3.35M15.36M-18.15M-9.06M39.72M24.9M17.71M
Mackinac Financial Net Cash from (used by) Financing Activities
42.09M35.98M-7.35M-4.04M12.73M-4.95M-9.8M50.26M38.48M21.25M
Effect of Exchange Rate Changes on Cash----------
Mackinac Financial Net Change in Cash & Cash Equivalents
23.6M15.22M-6.99M3.06M16.63M-5.28M2.29M3.72M4.18M2.52M
Cash & Equivalents at Beginning of Year21.94M18.21M26.96M34.07M34.71M45.43M10.11M6.36M10.7M7.94M
Cash & Equivalents at Year End48.61M40.23M18.01M25M38.58M16.66M24.24M21.94M22.4M20.74M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Mackinac Financial stock comparison chart provides an easy way to compare the stock price with peers along with details of Mackinac Financial stock price history.
The statement of cash flows can be categorized into three main sections:
  • Mackinac Financial saw an increase in Net Change in Cash and Cash Equivalents from $15.22M in 2016-Q2 to $23.6M in 2016-Q3. Apart from the Mackinac Financial stock price, this is one of the things an investor looks for, as it shows the net change in cash on hand for a company, compared to previous period.
  • Cash Flow from operating activities: Operating activities include the core business activities. This line item refers to the cash generated from the same and stood at a positive value of $17.6M for MFNC.
  • Growth companies (typically most tech companies) spend heavily  on investing activities and this figure was negative at $-36.09M for MFNC stock. Sometimes a company might have a negative overall cash flow which may not be really bad if it is due to investment expenses. Hence it is important to check the cash flow from investment activities.
  • 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. Mackinac Financial earned $6.11M from financing activities,in the form of repayment of loans or interest paid, dividend pay-out to shareholders etc.
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