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

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$26.5 $0 (0%) SOMC stock closing price Oct 27, 2016 (Closing)

The Southern Michigan Bancorp cash flow statement is one of the important reports considered by investors doing a fundamental analysis of the company. In simple terms, the cash flow statement measures the cash that has come into the company, and the cash that has gone out during a given period, while the other statements, the income statement and balance sheet, give details about Southern Michigan Bancorp profits and Southern Michigan Bancorp debt. The cash flow statement is essetial while conducting the Southern Michigan Bancorp cash flow analysis and can be used to measure the operating performance of Southern Michigan Bancorp compared to various industry peers like DIMC stock and JFBC stock. SOMC decrease in investments stood at a negative value of $-42.44M for the latest 2015. View details of Southern Michigan Bancorp cash flows for latest & last ten financial years.

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Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Southern Michigan Bancorp Net Income Cash Flow
Depreciation Depletion Amortization Cash-Flow1.6M1.76M1.72M1.83M1.6M1.93M1.8M1.81M0.83M0.64M
Net Increase (Decrease) in Assets Liabilities0.89M1.08M-1.04M0.75M0.28M0.8M-0.9M0.14M-0.07M1.23M
Cash From (used in) Discontinued Operations----------
Other Adjustments Net--0.06M2.52M0.99M3.14M-0.3M4.62M5.12M0.56M0.6M
Southern Michigan Bancorp Net Cash from (used by) Operating Activities
Increase (Decrease) in Prop Plant And Equipment0.8M-0.05M0.88M1.04M-0.34M0.53M-0.69M-1.22M-2.56M-2.16M
Acquisition Disposition of Subsidiaires----------
Increase (Decrease) in Investments-24.16M3.24M-13.58M25.08M-30.25M-3.15M8.7M12.32M-8.71M-10.41M
Other Cash Inflow (Outflow) from Investment Activities-19.08M-26.29M-19.17M-40.16M-25.34M23.1M-3.94M0.27M--2.99M
Southern Michigan Bancorp Net Cash from (used by) Invesment Activities
Issuance (Purchase) of Equity Shares-0.78M-0.15M-0.16M0.01M----0.62M--0.14M
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-5M
Payment of Dividends & Other Cash Distributions-1.49M-1.34M-1.17M-0.76M-0.47M-0.46M-0.81M-1.84M-1.52M-1.33M
Other Cash from (used by) Financing Activities
Southern Michigan Bancorp Net Cash from (used by) Financing Activities
Effect of Exchange Rate Changes on Cash----------
Southern Michigan Bancorp Net Change in Cash & Cash Equivalents
Cash & Equivalents at Beginning of Year15.37M32.36M50.33M42.18M78.83M24.81M27.98M14.47M9.36M10.49M
Cash & Equivalents at Year End13.48M15.37M32.36M50.33M42.18M78.83M24.81M27.98M14.47M9.36M
All figures in USD. M: Millions of USD, B: Billions of USD.

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: The cash inflow/outflow from financing activities was $32.24M for Southern Michigan Bancorp. 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.