Sotheby's Cash Flow - Annual (NYSE:BID)

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$54.96 $0.13 (0.24%) BID stock closing price Jul 20, 2018 (Closing)

The Sotheby's cash flow statement is one of the important reports considered by investors doing a fundamental analysis of the company. 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 Sotheby's profits and Sotheby's debt. This statement can tell if a company is running out of money while still being profitable and is useful in Sotheby's stock analysis. Sotheby's had a positive net income cash flow of $118.79M for the latest 2017. This report is very useful in measuring the short term viability of a company. The cash from operating activities for Sotheby's is $ 2017, which saw an increase from previous year.

View details of Sotheby's cash flows for latest & last 10 financial years
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Net Income Cash Flow
118.79M74.11M43.72M117.79M130M108.29M171.41M160.95M-6.52M28.26M
Depreciation Depletion Amortization Cash-Flow25.74M23.43M21.26M24.13M26.79M29.43M28.96M27.6M31.81M24.84M
Net Increase (Decrease) in Assets Liabilities217.34M55.68M-327.59M-144.18M42M-239.42M184M117.32M99.37M-273.21M
Cash From (used in) Discontinued Operations----------
Other Adjustments Net4.3M5.13M417.66M46.51M38.61M36.32M18.6M35.86M33.86M44.62M
Net Cash from (used by) Operating Activities
366.18M158.37M155.05M44.26M237.42M-65.38M402.98M341.73M158.52M-175.47M
Increase (Decrease) in Prop Plant And Equipment-20.69M-21.36M-11.33M-10.86M-23.46M-18.97M-17.11M-17.99M-98.42M-24.19M
Acquisition Disposition of Subsidiaires-0.07M-54.34M------2.46M-0.19M
Increase (Decrease) in Investments2.12M---1.22M-----
Other Cash Inflow (Outflow) from Investment Activities78.9M-45.03M-5.63M-117.99M-68.85M-201.74M67.18M-101.68M30.17M-59.32M
Net Cash from (used by) Investment Activities
60.26M-120.41M-16.7M-128.56M-91.09M-220.72M50.07M-119.68M-65.78M-83.7M
Issuance (Purchase) of Equity Shares-44.49M-359.88M-125M-24.03M4.04M-2.56M14.03M1.26M-17.96M
Issuance (Repayment) of Debt Securities46.72M-7.62M101.56M-9M-3.16M202.93M-3.07M-54.57M-1.69M227.78M
Increase (Decrease) in Bank & Other Borrowings-368.5M23.5M96.5M445M-197.37M--22.46M---
Payment of Dividends & Other Cash Distributions-2.37M-1.74M-29.78M-331.53M-13.75M-35.22M-14.85M-13.62M-20.43M-40.65M
Other Cash from (used by) Financing Activities-15.33M-10.52M-17.55M-8.22M7.94M-14.87M-7.24M-4.04M-3.38M1.08M
Net Cash from (used by) Financing Activities
-383.97M-356.27M25.72M72.2M-202.29M153.8M-45.07M-58.21M-24.24M170.25M
Effect of Exchange Rate Changes on Cash5.92M-34.34M-9.2M-15.38M8.93M10.01M-1.01M-1.76M-0.37M-5.85M
Net Change in Cash & Cash Equivalents
48.4M-352.66M154.86M-27.48M-47.03M-122.28M406.97M162.08M68.11M-94.78M
Cash & Equivalents at Beginning of Year496.03M848.69M693.82M721.31M768.34M890.63M483.66M321.57M253.46M348.25M
Cash & Equivalents at Year End544.43M496.03M848.69M693.82M721.31M768.34M890.63M483.66M321.57M253.46M
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 Sotheby's stock price history and Sotheby's stock comparison chart inevitably reflect its cash flow situation.

  • Sotheby's has cash of $544.43M on hand. 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 Sotheby's stock price.
  • Cash Flow from operating activities: Operating activities include the core business activities. This line item refers to the cash generated from the same and stood at a positive value of $366.18M for BID.
  • Cash from investing stood at a positive value of $60.26M for BID 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: The cash inflow/outflow from financing activities was $-383.97M for Sotheby's. 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.

Key Financial Ratios For Sotheby's Cash Flow