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

Add to My Stocks
$48.93 $0.29 (0.6%) BID stock closing price Sep 18, 2018 (Closing)

The cash flow statement is one of the reports a publicly traded company like Sotheby's needs to disclose. While its important to look at the Sotheby's 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 Sotheby's 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. Items like capital purchases, bank loan payments etc. which have a direct impact on the cash position of a company come out through the statemement of cash flows and help an investor who undertakes the Sotheby's stock analysis. Sotheby's generated $16.8M cash from operating activities in till this quarter of 2018 Q2. Sotheby's has a negative cash and cash equivalents change of $-445.15M.

View and download details of Sotheby's cash flows for latest & last 40 quarters
show more
View Previous Quarters
View Next Quarters
Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Net Income Cash Flow
Depreciation Depletion Amortization Cash-Flow15.32M7.55M25.74M18M11.88M5.79M23.43M17.41M11.58M5.67M
Net Increase (Decrease) in Assets Liabilities-87.07M-177.73M217.34M-164.6M-49M-32.6M55.68M-124.42M-112.58M-70.82M
Cash From (used in) Discontinued Operations----------
Other Adjustments Net37.79M21.1M4.3M30.87M27.9M20.63M5.13M-1.45M-9.18M-212.21M
Net Cash from (used by) Operating Activities
Increase (Decrease) in Prop Plant And Equipment-19.08M-9.14M-20.69M-14.46M-8.42M-4.69M-21.36M-16.47M-10.64M-3.91M
Acquisition Disposition of Subsidiaires-5.7M-5.7M-0.07M-0.07M---54.34M-51.84M-50.71M-50.59M
Increase (Decrease) in Investments--2.12M2.12M2.11M-----
Other Cash Inflow (Outflow) from Investment Activities90.78M80.8M78.9M120.84M56.85M75.46M-45.03M38.61M64.13M103.46M
Net Cash from (used by) Investment Activities
Issuance (Purchase) of Equity Shares-62.5M-21M-44.49M-40.19M-33.94M--359.88M-286.08M-282.16M-147.58M
Issuance (Repayment) of Debt Securities-315.31M-309.97M46.72M-37.87M-3.83M-1.93M-7.62M-5.58M-3.61M-1.81M
Increase (Decrease) in Bank & Other Borrowings-133.5M-131.5M-368.5M-131M-33.5M-16.5M23.5M11.5M-18M-20.5M
Payment of Dividends & Other Cash Distributions---2.37M-2.37M-2.37M-2.36M-1.74M-1.74M-1.74M-1.74M
Other Cash from (used by) Financing Activities-9.9M-9.16M-15.33M-13.91M-17.37M-15.05M-10.52M-9.38M-7.43M-4.58M
Net Cash from (used by) Financing Activities
Effect of Exchange Rate Changes on Cash-6.73M7.42M5.92M5.82M4.48M1.33M-34.34M-22.25M-16.28M-4.26M
Net Change in Cash & Cash Equivalents
Cash & Equivalents at Beginning of Year923.93M496.03M848.69M693.82M721.31M768.34M890.63M483.66M321.57M253.46M
Cash & Equivalents at Year End478.78M370.07M544.43M311.29M516.4M514.85M496.03M405.84M475.3M414.01M
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Quarters
View Next Quarters

While Sotheby's stock price history provides the price history of a stock, Sotheby's stock comparison chart shows the same in comparison to peers, and cash flow statements provide cash position of the company. Common terms used in the statement of cash flows are:

  • Sotheby's has cash of $478.78M 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.
  • Sotheby's increased its cash from operating activities to $16.8M till 2018 Q2. 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 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., and was $66M for BID till last quarter 2018 Q2 report.
  • 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. The cash generated from these activities was $-521.21M for Sotheby's.

Key Financial Ratios For Sotheby's Cash Flow

FCF margin