Mackinac Financial Cash Flow - Quarterly (NASDAQ:MFNC)

Add to My Stocks
$13.5 $0.08 (0.6%) MFNC stock closing price Feb 21, 2017 (Closing)

The Mackinac Financial cash flow statement is one of the important reports considered by investors doing a fundamental analysis of the company. 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. Mackinac Financial stock analysis shows positive net income cash flow of $2.78M for 2016-Q3. This statement is important because profits alone cannot pay employees, or bills. Cash is required.   Mackinac Financial had an inflow of $2.8M from operating activities, $6.11M inflow due to financing activities, and $0.54M spend due to investing activities for 2016-Q3. View details of Mackinac Financial cash flows for latest & last 40 quarters.

show more
Annual
Quarterly
View Previous Quarters
View Next Quarters
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.
View Previous Quarters
View Next Quarters
Get Cash flow for another ticker

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 Mackinac Financial stock price history and Mackinac Financial stock comparison chart inevitably reflect its cash flow situation.
  • Mackinac Financial had a Net Change in Cash and Cash Equivalents of $23.6M for the latest quarter 2016-Q3. 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 $2.8M in 2016-Q3. 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 used $0.54M 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: 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.
.

Key Financial Ratios For Mackinac Financial Cash Flow

FCF margin
0.22