Summit Financial Cash Flow - Annual (NASDAQ:SMMF)

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$28.97 $4.21 (17%) SMMF stock closing price Dec 05, 2016 (Closing)

The Summit Financial cash flow statement helps investors understand how well the company is managing its cash flows. Financials statements like the income statement and balance sheet show that the company has Summit Financial profits and Summit Financial debt, while the cash flow statement provides details of cash flow movments. Items like capital purchases, bank loan payments etc. which have a direct impact on the cash position of a company come out through the statemement of cash flows and help an investor who undertakes the Summit Financial stock analysis. Summit Financial generated $23.64M cash from operating activities in 2015. Summit Financial has a negative cash and cash equivalents change of $-3.02M. 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 2006
Summit Financial Net Income Cash Flow
16.1M11.35M8.06M5.71M4.07M-1.97M-0.71M2.3M6.45M8.26M
Depreciation Depletion Amortization Cash-Flow6.41M6.61M7.55M6.27M3.91M1.3M-0.59M1.44M1.78M1.99M
Net Increase (Decrease) in Assets Liabilities-1.41M-2.13M-3.88M-1.37M2.64M-3.94M0.61M-3.28M-0.09M
Cash From (used in) Discontinued Operations----------
Other Adjustments Net2.53M7.62M10.4M13.64M11.62M19.12M25.57M16M8.35M11.78M
Summit Financial Net Cash from (used by) Operating Activities
23.64M25.6M28.16M21.74M18.23M21.09M20.31M20.36M13.3M21.95M
Increase (Decrease) in Prop Plant And Equipment10.63M14.1M10.01M9.03M12.95M17.86M-0.94M-1.01M-1.47M
Acquisition Disposition of Subsidiaires--------0.23M-
Increase (Decrease) in Investments-6.26M9.54M-14.99M8.51M-6.66M4.98M55.39M-59.93M-192.15M-147.77M
Other Cash Inflow (Outflow) from Investment Activities-63.35M-87.98M-21.22M11.9M9.63M60.12M-37.01M-163.79M0.19M3.51M
Summit Financial Net Cash from (used by) Invesment Activities
-58.98M-64.33M-26.2M29.45M15.92M82.97M18.37M-222.78M-192.74M-145.73M
Issuance (Purchase) of Equity Shares1.42M7.89M0.09M-5.8M-3.56M0.01M-0.04M-0.95M
Issuance (Repayment) of Debt Securities-18.7M-86.02M-39.79M-66.98M-33.85M-77.38M5.5M76.9M139.62M23.35M
Increase (Decrease) in Bank & Other Borrowings47.76M60.86M58.81M-11.99M14.37M-48.15M-103.36M-18.95M111.62M-121.6M
Payment of Dividends & Other Cash Distributions-3.52M-0.77M-0.77M-0.73M-0.29M-0.29M-0.44M-2.66M-2.46M-2.27M
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-43.23M192.48M188.68M113.27M
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-10.5M
Cash & Equivalents at Beginning of Year12.51M11.78M14.8M32.69M4.65M6.81M11.35M21.28M12.03M22.53M
Cash & Equivalents at Year End9.48M12.51M11.78M14.8M4.39M4.65M6.81M11.35M21.28M12.03M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Summit Financial stock price history provides insight into historical stock price fluctuations, and Summit Financial stock comparison chart enables peer comparison. Some of the key terms used in the statement of cash flows are:
  • Summit Financial has cash of $9.48M on hand. A healthy amount of cash on hand is necessary for any company. Cash has an opportunity cost associated with it, and too much cash in bank may mean that the firm has no or limited growth plans. Hence its important to track the Net Change in Cash and Cash Equivalents along with the Summit Financial stock price.
  • Cash Flow from operating activities: This is the cash that the company receives from ongoing operations. Summit Financial lost $1.96M cash from operations. It is important to check this to see where the company is getting its money from.
  • Growth companies (typically most tech companies) spend heavily  on investing activities and this figure was negative at $-58.98M for SMMF stock. Sometimes a company might have a negative overall cash flow which may not be really bad if it is due to investment expenses. Hence it is important to check the cash flow from investment activities.
  • 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 $32.31M for Summit Financial.
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Key Financial Ratios For Summit Financial Cash Flow

FCF margin
0.41