Citizens Bancshares Cash Flow - Annual (OTCMKTS:CZBS)

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$9.99 $0.01 (0.1%) CZBS stock closing price Jul 20, 2017 (Closing)

The cash flow statement is one of the reports a publicly traded company like Citizens Bancshares needs to disclose. 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 Citizens Bancshares profits one has to check the income statement and for Citizens Bancshares debt one has to check the balance sheet. The cash flow statement is essetial while conducting the Citizens Bancshares cash flow analysis and can be used to measure the operating performance of Citizens Bancshares compared to various industry peers like BOMK stock and BKOR stock. Citizens Bancshares had an outflow of $1.53M from operating activities, $10.92M spend due to financing activities, and $6.29M spend due to investing activities for 2015. View details of Citizens Bancshares cash flows for latest & last ten financial years.

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007
Citizens Bancshares Net Income Cash Flow
1.81M1.8M1.34M0.76M0.26M0.62M1.02M1.02M2.85M
Depreciation Depletion Amortization Cash-Flow1.5M1.52M1.95M2.09M1.7M1.77M1.44M0.97M1.03M
Net Increase (Decrease) in Assets Liabilities-1M-0.16M-0.88M2.15M2.8M-1M-4.99M-1M0.27M
Cash From (used in) Discontinued Operations---------
Other Adjustments Net0.03M0.72M2.17M4.13M1.91M4.3M0.34M2.46M-0.07M
Citizens Bancshares Net Cash from (used by) Operating Activities
2.35M3.88M4.6M9.15M6.69M5.7M-2.18M3.45M4.09M
Increase (Decrease) in Prop Plant And Equipment-0.29M-0.35M-0.24M-0.38M-0.41M-0.41M-1.07M-0.54M0.39M
Acquisition Disposition of Subsidiaires------45.43M--
Increase (Decrease) in Investments1.63M16.7M-16.54M-3.5M7.8M-15.39M-22.23M-34.95M-8.13M
Other Cash Inflow (Outflow) from Investment Activities4.09M-4.61M5.1M4.31M-9.44M5.52M-0.03M21.1M4.03M
Citizens Bancshares Net Cash from (used by) Invesment Activities
5.44M11.73M-11.68M0.41M-2.05M-10.28M22.08M-14.4M-3.7M
Issuance (Purchase) of Equity Shares0.14M0.11M0.11M0.02M0.01M4.38M7.47M0.04M0.06M
Issuance (Repayment) of Debt Securities4.98M-0.01M-0.01M-0.01M-0.01M-14.16M-14.45M9.66M-8.06M
Increase (Decrease) in Bank & Other Borrowings--------2M-3M
Payment of Dividends & Other Cash Distributions-0.4M-0.4M-0.4M-0.4M-0.4M-0.49M-0.65M-0.39M-0.39M
Other Cash from (used by) Financing Activities
Citizens Bancshares Net Cash from (used by) Financing Activities
-7.31M3.61M-3.93M-2.83M5.01M1.31M-8.97M9.62M-0.82M
Effect of Exchange Rate Changes on Cash---------
Citizens Bancshares Net Change in Cash & Cash Equivalents
0.48M19.24M-11.01M6.73M9.65M-3.27M10.92M-1.31M-0.42M
Cash & Equivalents at Beginning of Year48.41M29.16M40.18M33.45M23.79M27.07M16.14M8.18M8.61M
Cash & Equivalents at Year End48.89M48.41M29.16M40.18M33.45M23.79M27.07M6.86M8.18M
All figures in USD. M: Millions of USD, B: Billions of USD.
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While Citizens Bancshares stock price history provides the price history of a stock, Citizens Bancshares 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:
  • Citizens Bancshares has cash of $48.89M 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 Citizens Bancshares stock price.
  • Citizens Bancshares decreased its cash from operating activities to $1.53M in 2015. 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: Citizens Bancshares used $6.29M cash due to investment activities. It includes the use of cash outside of normal day to day activities like buying fixed assets, plant and machinery etc.
  • Cash Flow from financing activities: Financing activities include the cash that comes into a company in the form of loans or interest earned or shareholders money, as well as the cash that goes out. Citizens Bancshares spent $10.92M from financing activities,in the form of repayment of loans or interest paid, dividend pay-out to shareholders etc.
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