Cortland Bancorp Cash Flow - Annual (OTCBB:CLDB)

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$23.23 $0.27 (1.15%) CLDB stock closing price Oct 12, 2018 (Closing)

The Cortland Bancorp cash flow statement is one of the important reports considered by investors doing a fundamental analysis of the company. While its important to look at the Cortland Bancorp 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 Cortland Bancorp 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. Cortland Bancorp had cash and cash equivalents of $15.35M at beginning of the year and $19.12M at year end for 2017. Cortland Bancorp cash flow analysis tells whether or not the company has enough cash for its day to day activities, and for investing for future growth. Cortland Bancorp saw a outflow of $-54.87M from investing activities for 2017.

View details of Cortland Bancorp 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
4.35M4.87M4.37M3.86M1.78M2.91M4.07M3.27M-6.33M2.35M
Depreciation Depletion Amortization Cash-Flow2.73M2.77M2.53M2.46M3.22M3.06M2.41M1.8M--
Net Increase (Decrease) in Assets Liabilities3.04M-0.68M-4.55M-0.21M27.98M-22.78M--1.59M-1.56M-
Cash From (used in) Discontinued Operations----------
Other Adjustments Net-0.99M6.29M-0.97M1.08M-6.09M1.9M1.31M2.49M8.91M1.87M
Net Cash from (used by) Operating Activities
9.13M13.24M1.38M7.2M26.9M-14.91M8.25M5.97M1.82M5.29M
Increase (Decrease) in Prop Plant And Equipment-0.8M-0.79M-2.3M-1.86M-0.88M-0.73M-0.33M-0.17M-0.22M-2.11M
Acquisition Disposition of Subsidiaires----------
Increase (Decrease) in Investments17.09M-30.96M6.94M2.35M18.08M-1.08M-16.91M16.14M29.03M
Other Cash Inflow (Outflow) from Investment Activities-71.16M-25.53M-34.55M-15.15M-30.88M-30.87M-24.25M-16.45M-2.79M-24.09M
Net Cash from (used by) Investment Activities
-54.87M-57.3M-29.91M-14.66M-13.68M-31.46M-23.51M-33.54M13.13M2.83M
Issuance (Purchase) of Equity Shares-0.23M--1.85M-------
Issuance (Repayment) of Debt Securities-3.5M-7.5M--2.1M-4.5M-15.5M-3.5M-6M-1.5M
Increase (Decrease) in Bank & Other Borrowings8.97M6.2M-0.26M--0.24M-0.72M-0.12M-1.96M1.21M-0.76M
Payment of Dividends & Other Cash Distributions-1.72M-1.23M-1.08M-0.81M-0.54M-0.13M----3.87M
Other Cash from (used by) Financing Activities46M43.44M39.64M8.09M-28.23M54.13M31.25M4.01M7.54M15.16M
Net Cash from (used by) Financing Activities
49.51M40.91M36.45M5.63M-28.39M57.77M15.62M-1.45M3.02M9.27M
Effect of Exchange Rate Changes on Cash----------
Net Change in Cash & Cash Equivalents
3.77M-3.14M7.92M-1.82M-15.18M11.4M--29.01M17.98M17.4M
Cash & Equivalents at Beginning of Year15.35M18.49M10.56M12.39M27.57M16.17M15.8M44.82M26.84M9.44M
Cash & Equivalents at Year End19.12M15.35M18.49M10.56M12.39M27.57M16.17M15.8M44.82M26.84M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Cortland Bancorp stock comparison chart provides an easy way to compare the stock price with peers along with details of Cortland Bancorp stock price history.
The statement of cash flows can be categorized into three main sections:

  • Cortland Bancorp has cash of $19.12M 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 Cortland Bancorp stock price.
  • Cash Flow from operating activities: Cortland Bancorp reported a positive operating cash flow of $9.13M for 2017 and has seen a decrease from the previous year. Operating cash flow 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., and was $-54.87M for CLDB in last 2017 report.
  • Cash Flow from financing activities: The cash inflow/outflow from financing activities was $49.51M for Cortland Bancorp. 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 Cortland Bancorp Cash Flow