Micronet Enertec Cash Flow - Annual (NASDAQ:MICT)

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$1.33 $0.02 (1.53%) MICT stock closing price Dec 02, 2016 (Closing)

The financial analysis of MICT requires an investor to check the cash flows for Micronet Enertec. While its important to look at the Micronet Enertec 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 Micronet Enertec 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. Micronet Enertec had cash and cash equivalents of $4.21M at beginning of year and $2.36M at year end for 2015. Micronet Enertec cash flow analysis tells whether or not the company has enough cash for its day to day activities, and for investing for future growth. MICT increase in investments stood at a positive value of $0.46M for the latest 2015. View details of Micronet Enertec cash flows for latest & last ten financial years.

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Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011
Micronet Enertec Net Income Cash Flow
-3.05M-2.37M1.8M4.56M1.35M
Depreciation Depletion Amortization Cash-Flow1.59M1.44M2.62M1.34M0.06M
Net Increase (Decrease) in Assets Liabilities-1.16M-1.86M-0.71M4.27M-3.43M
Cash From (used in) Discontinued Operations----0.05M
Other Adjustments Net0.29M1.46M-0.13M-6.18M0.01M
Micronet Enertec Net Cash from (used by) Operating Activities
-2.32M-1.32M3.57M3.99M-1.94M
Increase (Decrease) in Prop Plant And Equipment-0.36M-0.23M-0.33M-0.61M-0.29M
Acquisition Disposition of Subsidiaires--7.1M-1.58M-
Increase (Decrease) in Investments0.58M-0.32M-3.34M-0.25M-
Other Cash Inflow (Outflow) from Investment Activities0.24M----
Micronet Enertec Net Cash from (used by) Invesment Activities
0.46M-7.65M-3.68M0.71M-0.29M
Issuance (Purchase) of Equity Shares-----
Issuance (Repayment) of Debt Securities-3.21M3.11M4.51M1.04M5.72M
Increase (Decrease) in Bank & Other Borrowings3.29M3.71M0.11M4.03M-0.25M
Payment of Dividends & Other Cash Distributions---1.48M--
Other Cash from (used by) Financing Activities
Micronet Enertec Net Cash from (used by) Financing Activities
0.03M5.25M2.16M4.83M2.84M
Effect of Exchange Rate Changes on Cash-0.02M-0.5M0.15M0.13M-0.29M
Micronet Enertec Net Change in Cash & Cash Equivalents
-1.85M-4.23M2.21M9.67M0.31M
Cash & Equivalents at Beginning of Year4.21M12.82M10.61M0.94M0.62M
Cash & Equivalents at Year End2.36M8.59M12.82M10.61M0.94M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Micronet Enertec stock price history provides insight into historical stock price fluctuations, and Micronet Enertec stock comparison chart enables peer comparison. Some of the key terms used in the statement of cash flows are:
  • Micronet Enertec had a Net Change in Cash and Cash Equivalents of $-1.85M 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 Micronet Enertec 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: Operating activities include the core business activities. This line item refers to the cash generated from the same and stood at a negative value of $-2.32M for MICT.
  • 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 $-2.32M for MICT in last year report.
  • Cash flow from financing activities shows the flow of cash between Micronet Enertec and its owners and creditors and was $0.03M for 2015. Financing activities allow a company to raise capital, and repay bondholders.
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Key Financial Ratios For Micronet Enertec Cash Flow

FCF margin
-0.15