Worldgate Communications Cash Flow - Annual (OTCMKTS:WGATQ)

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

The cash flow statement is one of the reports a publicly traded company like Worldgate Communications needs to disclose. 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 Worldgate Communications profits and Worldgate Communications debt. 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.   Worldgate Communications had an inflow of $2.99M from operating activities, $3M spend due to financing activities, and $0.16M gain due to investing activities for 2010. 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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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 Worldgate Communications stock price history and Worldgate Communications stock comparison chart inevitably reflect its cash flow situation.
  • 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.
  • Growth companies (typically most tech companies) spend heavily  on investing activities and this figure was negative at $-0.36M for WGATQ 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 $3.19M for Worldgate Communications. 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.
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