Mackinac Financial Cash Flow - Quarterly (NASDAQ:MFNC)

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$13.99 $0.52 (3.86%) MFNC stock closing price Dec 09, 2016 (Closing)

The cash flow statement is one of the reports a publicly traded company like Mackinac Financial needs to disclose. Financials statements like the income statement and balance sheet show that the company has Mackinac Financial profits and Mackinac Financial debt, while the cash flow statement provides details of cash flow movments. 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.

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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 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:
  • 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: This is the cash that the company receives from ongoing operations. Mackinac Financial gained $2.8M cash from operations. It is important to check this to see where the company is getting its money from.
  • 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 shows the flow of cash between Mackinac Financial and its owners and creditors and was $42.09M for 2016-Q3. 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