Magyar Bancorp Cash Flow - Annual (NASDAQ:MGYR)

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$10.61 $0 (0%) MGYR stock closing price Dec 09, 2016 (Closing)

The Magyar Bancorp cash flow statement helps investors understand how well the company is managing its cash flows. While its important to look at the Magyar Bancorp debt position, the cash flow statement becomes equally important because public companies use accrual accounting. For example, if a company sells a product which gets counted as Magyar Bancorp revenue but does not convert to cash because it does not receive payment in the same quarter, it affects the cash position for that period. Magyar Bancorp cash flow analysis is possible because this statement breaks down how balance sheet accounts and income statement items affect cash and cash equivalents.  Magyar Bancorp had cash and cash equivalents of $10.25M at the beginning of the year and $18.1M at year end for 2015.   Magyar Bancorp had an inflow of $6.94M from operating activities, $25.38M inflow due to financing activities, and $16.94M spend due to investing activities for 2015. View details of Magyar Bancorp cash flows for latest & last ten financial years.

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Annual
Quarterly
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Fiscal year is Oct - Sep. 2015 2014 2013 2012 2011 2010 2009 2008 2007
Magyar Bancorp Net Income Cash Flow
0.89M0.57M0.26M0.5M-0.24M3.94M-6.12M-2.94M0.71M
Depreciation Depletion Amortization Cash-Flow1.09M1.21M1.15M1.16M1.27M1.3M1.11M1.1M1.3M
Net Increase (Decrease) in Assets Liabilities-0.41M-1.85M2.65M0.73M0.28M-4.35M0.01M1.43M-1.13M
Cash From (used in) Discontinued Operations---------
Other Adjustments Net10.93M5.62M6.83M10.41M14.68M6.67M12.9M10.78M0.77M
Magyar Bancorp Net Cash from (used by) Operating Activities
12.5M5.56M10.9M12.82M16M7.55M7.91M10.38M1.66M
Increase (Decrease) in Prop Plant And Equipment6.37M3.39M2.77M8.13M2.68M-0.65M-0.12M-0.35M-1.75M
Acquisition Disposition of Subsidiaires---------
Increase (Decrease) in Investments2.33M7.1M-11.25M12.5M-11.13M30.82M-61.35M-54.19M-39.07M
Other Cash Inflow (Outflow) from Investment Activities-32.42M-17.26M-22.33M-21.29M0.74M5.08M1.43M1.47M-0.13M
Magyar Bancorp Net Cash from (used by) Invesment Activities
-23.7M-6.76M-30.81M-0.65M-7.7M35.24M-60.05M-53.07M-40.96M
Issuance (Purchase) of Equity Shares----0.04M---0.06M-0.63M-1.74M
Issuance (Repayment) of Debt Securities6.09M-1.6M-8M0.18M-10.85M----
Increase (Decrease) in Bank & Other Borrowings---1.4M1.4M---5M-9.67M
Payment of Dividends & Other Cash Distributions---------
Other Cash from (used by) Financing Activities
Magyar Bancorp Net Cash from (used by) Financing Activities
19.05M-6.33M27.65M-17.15M-14.35M-29.63M55.04M42.47M38.52M
Effect of Exchange Rate Changes on Cash---------
Magyar Bancorp Net Change in Cash & Cash Equivalents
7.85M-7.53M7.74M-4.99M-6.05M13.16M2.9M-0.22M-0.78M
Cash & Equivalents at Beginning of Year10.25M17.79M10.04M15.03M21.08M7.92M5.01M5.23M6.01M
Cash & Equivalents at Year End18.1M10.25M17.79M10.04M15.03M21.08M7.92M5.01M5.23M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Magyar Bancorp stock price history provides insight into historical stock price fluctuations, and Magyar Bancorp stock comparison chart enables peer comparison. Some of the key terms used in the statement of cash flows are:
  • Magyar Bancorp had a Net Change in Cash and Cash Equivalents of $7.85M 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 Magyar Bancorp 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.
  • Cash Flow from operating activities: Magyar Bancorp reported a positive operating cash flow of $12.5M for 2015 and has seen an increase from the previous year. Operating cash flow or working capital comes from main business activities. Investors look for positive cash flow from recurring operating activities.
  • Cash Flow from investment activities: This includes buying/selling of land and equipment, acquisitions and mergers, sell-off, investment in other companies like buying bonds, stocks etc. , and was $12.5M for MGYR in last year report.
  • Inflow of cash in the form of bank loans and shareholders equity, and outflow of cash because of dividend payments, share repurchase payments etc. come under financing activities. The cash generated from these activities was $19.05M for Magyar Bancorp.
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