Summit Financial Cash Flow - Annual (NASDAQ:SMMF)

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$19.33 $0.43 (2.18%) SMMF stock closing price Mar 22, 2017 (Closing)

The Summit Financial cash flow statement is one of the three reports that the company generates every quarter. The profit-loss statement shows Summit Financial profits, the balance sheet shows Summit 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. This statement can tell if a company is running out of money while still being profitable and is useful in Summit Financial stock analysis. Summit Financial had a positive net income cash flow of $16.1M for the latest year. This report is very useful in measuring the short term viability of a company. The cash from operating activities for Summit Financial is $23.64MĀ for 2015, which saw a decrease of -7.66% from previous year. View details of Summit Financial cash flows for latest & last ten financial years.

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007
Summit Financial Net Income Cash Flow
16.1M11.35M8.06M5.71M4.07M-1.97M-0.71M2.3M6.45M
Depreciation Depletion Amortization Cash-Flow6.41M6.61M7.55M6.27M3.91M1.3M-0.59M1.44M1.78M
Net Increase (Decrease) in Assets Liabilities-1.41M-2.13M-3.88M-1.37M2.64M-3.94M0.61M-3.28M
Cash From (used in) Discontinued Operations---------
Other Adjustments Net2.53M7.62M10.4M13.64M11.62M19.12M25.57M16M8.35M
Summit Financial Net Cash from (used by) Operating Activities
23.64M25.6M28.16M21.74M18.23M21.09M20.31M20.36M13.3M
Increase (Decrease) in Prop Plant And Equipment10.63M14.1M10.01M9.03M12.95M17.86M-0.94M-1.01M
Acquisition Disposition of Subsidiaires--------0.23M
Increase (Decrease) in Investments-6.26M9.54M-14.99M8.51M-6.66M4.98M55.39M-59.93M-192.15M
Other Cash Inflow (Outflow) from Investment Activities-63.35M-87.98M-21.22M11.9M9.63M60.12M-37.01M-163.79M0.19M
Summit Financial Net Cash from (used by) Invesment Activities
-58.98M-64.33M-26.2M29.45M15.92M82.97M18.37M-222.78M-192.74M
Issuance (Purchase) of Equity Shares1.42M7.89M0.09M-5.8M-3.56M0.01M-0.04M
Issuance (Repayment) of Debt Securities-18.7M-86.02M-39.79M-66.98M-33.85M-77.38M5.5M76.9M139.62M
Increase (Decrease) in Bank & Other Borrowings47.76M60.86M58.81M-11.99M14.37M-48.15M-103.36M-18.95M111.62M
Payment of Dividends & Other Cash Distributions-3.52M-0.77M-0.77M-0.73M-0.29M-0.29M-0.44M-2.66M-2.46M
Other Cash from (used by) Financing Activities
Summit Financial Net Cash from (used by) Financing Activities
32.31M39.45M-4.98M-69.08M-34.41M-106.23M-43.23M192.48M188.68M
Effect of Exchange Rate Changes on Cash---------
Summit Financial Net Change in Cash & Cash Equivalents
-3.02M0.72M-3.02M-17.89M-0.25M-2.16M-4.54M-9.92M9.25M
Cash & Equivalents at Beginning of Year12.51M11.78M14.8M32.69M4.65M6.81M11.35M21.28M12.03M
Cash & Equivalents at Year End9.48M12.51M11.78M14.8M4.39M4.65M6.81M11.35M21.28M
All figures in USD. M: Millions of USD, B: Billions of USD.
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While Summit Financial stock price history provides the price history of a stock, Summit 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:
  • Summit Financial saw a decrease in Net Change in Cash and Cash Equivalents from $0.72M in 2014 to $-3.02M in 2015. Apart from the Summit Financial stock price, this is one of the things an investor looks for, as it shows the net change in cash on hand for a company, compared to previous period.
  • Summit Financial decreased its cash from operating activities to $1.96M in 2015. 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: Summit Financial generated $5.35M 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 shows the flow of cash between Summit Financial and its owners and creditors and was $32.31M for 2015. Financing activities allow a company to raise capital, and repay bondholders.
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