Southern Michigan Bancorp Cash Flow - Annual (OTCMKTS:SOMC)

Add to My Stocks
$33.5 $0 (0%) SOMC stock closing price Feb 17, 2017 (Closing)

For analyzing any company like Southern Michigan Bancorp from an investment perspective, its important to check the cash flow statement. While its important to look at the Southern Michigan 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 Southern Michigan 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. Southern Michigan Bancorp stock analysis shows positive net income cash flow of $5.8M for 2015. This statement is important because profits alone cannot pay employees, or bills. Cash is required.   Southern Michigan Bancorp had an inflow of $0.74M from operating activities, $33.7M inflow due to financing activities, and $19.34M spend due to investing activities for 2015. View details of Southern Michigan Bancorp cash flows for latest & last ten financial years.

show more
Annual
Quarterly
View Previous Years
View Next Years
Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007
Southern Michigan Bancorp Net Income Cash Flow
5.8M4.79M4.49M4.35M3.4M3.09M1.93M0.81M4.13M
Depreciation Depletion Amortization Cash-Flow1.6M1.76M1.72M1.83M1.6M1.93M1.8M1.81M0.83M
Net Increase (Decrease) in Assets Liabilities0.89M1.08M-1.04M0.75M0.28M0.8M-0.9M0.14M-0.07M
Cash From (used in) Discontinued Operations---------
Other Adjustments Net--0.06M2.52M0.99M3.14M-0.3M4.62M5.12M0.56M
Southern Michigan Bancorp Net Cash from (used by) Operating Activities
8.31M7.57M7.7M7.93M8.42M5.52M7.46M7.89M5.45M
Increase (Decrease) in Prop Plant And Equipment0.8M-0.05M0.88M1.04M-0.34M0.53M-0.69M-1.22M-2.56M
Acquisition Disposition of Subsidiaires---------
Increase (Decrease) in Investments-24.16M3.24M-13.58M25.08M-30.25M-3.15M8.7M12.32M-8.71M
Other Cash Inflow (Outflow) from Investment Activities-19.08M-26.29M-19.17M-40.16M-25.34M23.1M-3.94M0.27M-
Southern Michigan Bancorp Net Cash from (used by) Invesment Activities
-42.44M-23.1M-31.87M-14.03M-55.93M20.48M4.07M11.37M-11.27M
Issuance (Purchase) of Equity Shares-0.78M-0.15M-0.16M0.01M----0.62M-
Issuance (Repayment) of Debt Securities-10M-1.03M-6.71M-2.32M-0.75M-1.66M-2.27M-
Increase (Decrease) in Bank & Other Borrowings1.29M-3.83M2.34M-1.94M3.04M0.22M0.9M4.11M14.39M
Payment of Dividends & Other Cash Distributions-1.49M-1.34M-1.17M-0.76M-0.47M-0.46M-0.81M-1.84M-1.52M
Other Cash from (used by) Financing Activities
Southern Michigan Bancorp Net Cash from (used by) Financing Activities
32.24M-1.46M6.2M14.25M10.85M28M-14.7M-5.75M10.92M
Effect of Exchange Rate Changes on Cash---------
Southern Michigan Bancorp Net Change in Cash & Cash Equivalents
-1.88M-16.99M-17.96M8.14M-36.64M54.01M-3.17M13.51M5.1M
Cash & Equivalents at Beginning of Year15.37M32.36M50.33M42.18M78.83M24.81M27.98M14.47M9.36M
Cash & Equivalents at Year End13.48M15.37M32.36M50.33M42.18M78.83M24.81M27.98M14.47M
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Years
View Next Years
Get Cash flow for another ticker

The statement of cash flows comprises of cash flow from financing, cash flow from operations and cash flow from investing activities. All the three can have an impact on the stock price. The Southern Michigan Bancorp stock price history and Southern Michigan Bancorp stock comparison chart inevitably reflect its cash flow situation.
  • Southern Michigan Bancorp has cash of $13.48M 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 Southern Michigan Bancorp stock price.
  • Southern Michigan Bancorp increased its cash from operating activities to $0.74M 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.
  • Growth companies (typically most tech companies) spend heavily  on investing activities and this figure was negative at $-42.44M for SOMC 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: Financing activities include the cash that comes into a company in the form of loans or interest earned or shareholders money, as well as the cash that goes out. Southern Michigan Bancorp earned $33.7M from financing activities,in the form of repayment of loans or interest paid, dividend pay-out to shareholders etc.
.