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

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$14.08 $0.16 (1.12%) SSBI stock closing price Dec 02, 2016 (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. Summit State Bank cash flow analysis tells whether or not the company has enough cash for its day to day activities, and for investing for future growth. 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
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
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
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
Effect of Exchange Rate Changes on Cash----
Summit State Bank Net Change in Cash & Cash Equivalents
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 comparison chart provides an easy way to compare the stock price with peers along with details of Summit State Bank stock price history. Apart from the Summit State Bank 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.
  • 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. A company with surplus cash usually thinks of re-investing it in the form of buying fixed assests, or purchasing plant/ machinery which will help grow the business further. By looking at cash flow from investment activities one can check where the company is putting its cash.
  • 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.
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