Summit Financial Cash Flow - Quarterly (NASDAQ:SMMF)

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$20.35 $0.1 (0.49%) SMMF stock closing price Oct 24, 2016 (Closing)

The Summit Financial cash flow statement helps investors understand how well the company is managing its cash flows. 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. Summit Financial had cash and cash equivalents of $12.51M at beginning of quarter and $13.05M at quarter end for 2016-Q2. Summit Financial cash flow analysis tells whether or not the company has enough cash for its day to day activities, and for investing for future growth. SMMF decrease in investments stood at a negative value of $-66.17M for the latest 2016-Q2. View details of Summit Financial cash flows for latest & last 40 quarters.

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Fiscal year is Jan - Dec. 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1
Summit Financial Net Income Cash Flow
Depreciation Depletion Amortization Cash-Flow2.9M1.46M6.41M4.9M3.23M1.56M6.61M4.95M3.21M1.58M
Net Increase (Decrease) in Assets Liabilities-2.13M0.8M-1.41M-0.11M-0.77M1.12M--0.81M-0.75M1.26M
Cash From (used in) Discontinued Operations----------
Other Adjustments Net-0.27M-0.09M2.53M2.24M1.49M0.57M7.62M6.08M4.57M1.88M
Summit Financial Net Cash from (used by) Operating Activities
Increase (Decrease) in Prop Plant And Equipment2.58M0.99M10.63M7.79M5.52M3.18M14.1M5.09M4.62M1.4M
Acquisition Disposition of Subsidiaires----------
Increase (Decrease) in Investments18.05M8.44M-6.26M6.02M-0.13M-0.4M9.54M9.37M4.16M10.07M
Other Cash Inflow (Outflow) from Investment Activities-86.8M-16.86M-63.35M-45.88M-46.37M-20.82M-87.98M-61.08M-59.71M-27.94M
Summit Financial Net Cash from (used by) Invesment Activities
Issuance (Purchase) of Equity Shares--1.42M1.37M3.66M1.21M7.89M0.01M0.01M0.01M
Issuance (Repayment) of Debt Securities-0.95M-0.47M-18.7M-18.23M-15.25M-12.27M-86.02M-85.05M-41.57M-40.02M
Increase (Decrease) in Bank & Other Borrowings34.15M-17.94M47.76M21.65M50.96M25.35M60.86M64.66M28.96M6.2M
Payment of Dividends & Other Cash Distributions-2.08M-1.04M-3.52M-2.69M-1.85M-1M-0.77M-0.58M-0.38M-0.19M
Other Cash from (used by) Financing Activities29.83M27.83M5.36M10.74M-8.03M-3.01M57.5M50.64M53.98M48.81M
Summit Financial Net Cash from (used by) Financing Activities
Effect of Exchange Rate Changes on Cash----------
Summit Financial Net Change in Cash & Cash Equivalents
Cash & Equivalents at Beginning of Year12.51M11.78M14.8M32.69M4.65M6.81M11.35M21.28M12.03M22.53M
Cash & Equivalents at Year End13.05M16.66M9.48M12.28M13.26M12.28M12.51M13.23M13.71M17.25M
All figures in USD. M: Millions of USD, B: Billions of USD.

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 $7.17M in 2016-Q1 to $3.57M in 2016-Q2. 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.
  • Cash Flow from operating activities: Summit Financial reported a positive operating cash flow of $8.79M for 2016-Q2 and has seen an increase from the previous quarter. Operating cash flow or working capital comes from main business activities. Investors look for positive cash flow from recurring operating activities.
  • Growth companies (typically most tech companies) spend heavily  on investing activities and this figure was negative at $-66.17M 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.
  • Cash Flow from financing activities: The cash inflow/outflow from financing activities was $60.95M for Summit Financial. The money accounted for under this head comes from external sources which includes lenders, investors and shareholders. Positive cash flow is generated when the company gets cash because of issuance of stocks or bonds. Similarly negative cash flow is generated when shares are repurchased, dividend payments are made, and loans or interest on loans are paid back.

Key Financial Ratios For Summit Financial Cash Flow

FCF margin