Electro Rent Cash Flow - Quarterly (NASDAQ:ELRC)

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$15.5 $0.01 (0.06%) ELRC stock closing price Aug 10, 2016 (Closing)

For analyzing any company like Electro Rent from an investment perspective, its important to check the cash flow statement. The profit-loss statement shows Electro Rent profits, the balance sheet shows Electro Rent debt, and the cash flow statement reflects the liquidity and solvency of a firm. This statement reflects the company's ability to generate cash flows. Electro Rent stock analysis shows positive net income cash flow of $4.78M till 2016 Q4. This statement is important because profits alone cannot pay employees, or bills. Cash is required. Electro Rent had an inflow of $52.35M from operating activities, $-14.91M spend due to financing activities, and $-11.38M outflow due to investing activities till 2016 Q4.

View and download details of Electro Rent cash flows for latest & last 40 quarters
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Fiscal year is Jun - May2016 Q42016 Q32016 Q2
Net Income Cash Flow
4.78M5.66M4.66M
Depreciation Depletion Amortization Cash-Flow57.16M43.61M29.56M
Net Increase (Decrease) in Assets Liabilities1.51M-6.71M-3.97M
Cash From (used in) Discontinued Operations---
Other Adjustments Net-11.11M-6.37M-8.76M
Net Cash from (used by) Operating Activities
52.35M36.19M21.48M
Increase (Decrease) in Prop Plant And Equipment-11.38M-10.12M-10.22M
Acquisition Disposition of Subsidiaires---
Increase (Decrease) in Investments---
Other Cash Inflow (Outflow) from Investment Activities---
Net Cash from (used by) Investment Activities
-11.38M-10.12M-10.22M
Issuance (Purchase) of Equity Shares---
Issuance (Repayment) of Debt Securities---
Increase (Decrease) in Bank & Other Borrowings-2.38M-2.38M-2.38M
Payment of Dividends & Other Cash Distributions-12.32M-9.26M-6.21M
Other Cash from (used by) Financing Activities-0.19M-0.21M-0.09M
Net Cash from (used by) Financing Activities
-14.91M-11.86M-8.7M
Effect of Exchange Rate Changes on Cash-0.05M-0.03M-0.03M
Net Change in Cash & Cash Equivalents
26M14.17M2.53M
Cash & Equivalents at Beginning of Year22.21M50.96M57.17M
Cash & Equivalents at Year End30.06M18.23M6.59M
All figures in USD. M: Millions of USD, B: Billions of USD.

While Electro Rent stock price history provides the price history of a stock, Electro Rent 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:

  • Electro Rent had a Net Change in Cash and Cash Equivalents of $26M in the latest quarter 2016 Q4. If a firm is able to grow its cash, it is considered to be a positive signal and could lead to a jump in the Electro Rent stock price, albeit too much cash on hand can imply the company has no or limited avenues for growth in which to invest this cash.
  • Electro Rent increased its cash from operating activities to $52.35M till 2016 Q4. 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 from investing stood at a negative value of $-11.38M for ELRC 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: 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. Electro Rent spent $-14.91M from financing activities,in the form of repayment of loans or interest paid, dividend pay-out to shareholders etc.

Quarterly Cash Flow Statements For Electro Rent Corporation Peers

Aaron's cash flow, Aercap cash flow, Fortive cash flow, Keysight cash flow, McGrath RentCorp cash flow