Summit State Bank Cash Flow - Annual (NASDAQ:SSBI)

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$15.18 $0.08 (0.53%) SSBI stock closing price Jan 18, 2017 (Closing)

For analyzing any company like Summit State Bank from an investment perspective, its important to check the cash flow statement. While its important to look at the Summit State Bank 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 Summit State Bank 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. This statement can tell if a company is running out of money while still being profitable and is useful in Summit State Bank stock analysis. This report is very useful in measuring the short term viability of a company. View details of Summit State Bank cash flows for latest & last ten financial years.

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Fiscal year is Jan - Dec. 2009 2008 2007 2006
Summit State Bank Net Income Cash Flow
-1M1.94M2.8M
Depreciation Depletion Amortization Cash-Flow-0.89M0.82M0.71M
Net Increase (Decrease) in Assets Liabilities--0.88M0.04M-1.79M
Cash From (used in) Discontinued Operations----
Other Adjustments Net-4.64M0.83M0.21M
Summit State Bank Net Cash from (used by) Operating Activities
-5.66M3.64M1.93M
Increase (Decrease) in Prop Plant And Equipment--0.25M-1.14M-0.23M
Acquisition Disposition of Subsidiaires----
Increase (Decrease) in Investments--37.9M-25.78M-22.05M
Other Cash Inflow (Outflow) from Investment Activities--0.91M-
Summit State Bank Net Cash from (used by) Invesment Activities
--38.15M-26M-22.28M
Issuance (Purchase) of Equity Shares-8.48M-0.62M19.3M
Issuance (Repayment) of Debt Securities-12.82M19.4M16.26M
Increase (Decrease) in Bank & Other Borrowings---8.51M0.08M
Payment of Dividends & Other Cash Distributions--1.7M-1.74M-1.46M
Other Cash from (used by) Financing Activities
Summit State Bank Net Cash from (used by) Financing Activities
-23.33M24.56M-34.6M
Effect of Exchange Rate Changes on Cash----
Summit State Bank Net Change in Cash & Cash Equivalents
--9.15M2.19M-54.95M
Cash & Equivalents at Beginning of Year-12.8M10.6M65.55M
Cash & Equivalents at Year End-3.65M12.8M10.6M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Summit State Bank stock price history provides insight into historical stock price fluctuations, and Summit State Bank stock comparison chart enables peer comparison. If a firm is able to grow its cash, it is considered to be a positive signal and could lead to a jump in the Summit State Bank stock price , albeit too much cash on hand can imply the company has no or limited avenues for growth in which to invest this cash.
  • Summit State Bank decreased its cash from operating activities to $5.66M in 2009. 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: This includes buying/selling of land and equipment, acquisitions and mergers, sell-off, investment in other companies like buying bonds, stocks etc.
  • 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. Summit State Bank spent $23.33M from financing activities,in the form of repayment of loans or interest paid, dividend pay-out to shareholders etc.
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