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

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$13.49 $0.04 (0.3%) SSBI stock closing price Oct 21, 2016 (Closing)

The cash flow statement is one of the reports a publicly traded company like Summit State Bank needs to disclose. This statement shows details about the cash generated and spent during a particular quarter, while the other two statements give details about Summit State Bank profits and Summit State Bank debt. Summit State Bank purchased $8.48M worth of SSBI shares. The cash flow statement helps in the Summit State Bank stock analysis by providing more information for evaluating changes in assets, liabilities and equities. Summit State Bank had an outflow of $5.66M from operating activities, $23.33M spend due to financing activities, and $38.15M gain due to investing activities for 2009. 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.

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. 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 Summit State Bank stock price. Operating cash flow or working capital comes from main business activities. Investors look for positive cash flow from recurring 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.
  • 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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