Mackinac Financial Cash Flow - Quarterly (NASDAQ:MFNC)

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$13.25 $0.03 (0.26%) MFNC stock closing price Jan 13, 2017 (Closing)

The Mackinac Financial cash flow statement helps investors understand how well the company is managing its cash flows. This statement shows details about the cash generated and spent during a particular quarter, while the other two statements 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. The cash from operating activities for Mackinac Financial is $17.6MĀ for 2016-Q3, which saw an increase of 18.92% from previous quarter. View details of Mackinac Financial cash flows for latest & last 40 quarters.

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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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While Mackinac Financial stock price history provides the price history of a stock, Mackinac Financial stock comparison chart shows the same in comparison to peers, and cash flow statements provide cash position of the company. Common terms used in the statement of cash flows are:
  • Net Change in Cash and Cash Equivalents: Mackinac Financial cash grew QoQ to $2.78M, meaning the company is able to meet its expenditure and grow cash which will also eventually reflect in the Mackinac Financial stock price movement.
  • 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.
  • Cash from investing stood at a negative value of $-36.09M 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: 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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Key Financial Ratios For Mackinac Financial Cash Flow

FCF margin
0.22