Worldgate Communications Cash Flow - Annual (OTCMKTS:WGATQ)

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$0 $0 (0%) WGATQ stock closing price Jul 07, 2014 (Closing)

The Worldgate Communications cash flow statement helps investors understand how well the company is managing its cash flows. This report provides details about cash inflows and outflows due to the company's business and investment activities, and summarize cash outflows for a given quarter. For Worldgate Communications profits one has to check the income statement and for Worldgate Communications debt one has to check the balance sheet. Worldgate Communications stock analysis shows negative net income cash flow of $-12.72M for 2010. This statement is important because profits alone cannot pay employees, or bills. Cash is required.   The cash from operating activities for Worldgate Communications is $-2.53M for 2010, which saw an increase of -54.17% from previous year. View details of Worldgate Communications cash flows for latest & last ten financial years.

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Fiscal year is Jan - Dec. 2010 2009 2008 2007 2006
Worldgate Communications Net Income Cash Flow
-12.72M-6.33M-9.28M-14.73M-17.6M
Depreciation Depletion Amortization Cash-Flow1.26M3.22M2.47M4.72M2.07M
Net Increase (Decrease) in Assets Liabilities6.89M-4.26M5.22M-1.25M-0.19M
Cash From (used in) Discontinued Operations-----
Other Adjustments Net2.02M1.85M0.92M0.88M-0.42M
Worldgate Communications Net Cash from (used by) Operating Activities
-2.53M-5.52M-0.65M-10.37M-16.15M
Increase (Decrease) in Prop Plant And Equipment-0.36M-0.52M--0.13M-0.41M
Acquisition Disposition of Subsidiaires-----
Increase (Decrease) in Investments-----
Other Cash Inflow (Outflow) from Investment Activities---0.5M-
Worldgate Communications Net Cash from (used by) Invesment Activities
-0.36M-0.52M-0.36M-0.41M
Issuance (Purchase) of Equity Shares0.17M4.02M-1.02M0.03M
Issuance (Repayment) of Debt Securities-----
Increase (Decrease) in Bank & Other Borrowings3.02M2.17M--10.31M
Payment of Dividends & Other Cash Distributions-----
Other Cash from (used by) Financing Activities
Worldgate Communications Net Cash from (used by) Financing Activities
3.19M6.19M-1.02M10.35M
Effect of Exchange Rate Changes on Cash-----
Worldgate Communications Net Change in Cash & Cash Equivalents
0.3M0.14M-0.65M-8.98M-6.21M
Cash & Equivalents at Beginning of Year0.57M0.42M1.08M10.06M16.27M
Cash & Equivalents at Year End0.87M0.57M0.42M1.08M10.06M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Worldgate Communications stock comparison chart provides an easy way to compare the stock price with peers along with details of Worldgate Communications stock price history.
The statement of cash flows can be categorized into three main sections:
  • Net Change in Cash and Cash Equivalents: Worldgate Communications cash reduced YoY to $-12.72M, meaning the company is unable to meet its expenditure and grow cash which will also eventually reflect in the Worldgate Communications stock price movement.
  • Worldgate Communications increased its cash from operating activities to $2.99M in 2010. 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 from investing stood at a positive value of $-0.36M for WGATQ stock. 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.
  • Cash flow from financing activities shows the flow of cash between Worldgate Communications and its owners and creditors and was $3.19M for 2010. Financing activities allow a company to raise capital, and repay bondholders.
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