ERHC Energy Cash Flow - Quarterly (OTCMKTS:ERHE)

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$0 $0 (0%) ERHE stock closing price Aug 15, 2018 (Closing)

The ERHC Energy cash flow statement helps investors understand how well the company is managing its cash flows. While its important to look at the ERHC Energy 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 ERHC Energy 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. This statement can tell if a company is running out of money while still being profitable and is useful in ERHC Energy stock analysis. ERHC Energy had a negative net income cash flow of $-2.91M till this quarter of 2017 Q3. This report is very useful in measuring the short term viability of a company. ERHC Energy saw a outflow of $- from investing activities till 2017 Q3.

View and download details of ERHC Energy cash flows for latest & last 40 quarters
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Annual
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Fiscal year is Oct - Sep2017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Net Income Cash Flow
-2.91M-2.72M-1.93M-12.04M-3.81M--0.31M
Depreciation Depletion Amortization Cash-Flow-------
Net Increase (Decrease) in Assets Liabilities1.07M--8.16M2.86M-0.94M-0.75M
Cash From (used in) Discontinued Operations-------
Other Adjustments Net----1.24M-1.37M-2.58M-0.77M
Net Cash from (used by) Operating Activities
-0.56M-0.58M-0.39M-4.74M-2.02M-2.94M-1.75M
Increase (Decrease) in Prop Plant And Equipment-----2.27M-0.62M-
Acquisition Disposition of Subsidiaires----0.51M---
Increase (Decrease) in Investments-------
Other Cash Inflow (Outflow) from Investment Activities---4M4M4M1.5M
Net Cash from (used by) Investment Activities
---3.99M2.22M3.37M1.49M
Issuance (Purchase) of Equity Shares-------
Issuance (Repayment) of Debt Securities-------0.02M
Increase (Decrease) in Bank & Other Borrowings-------
Payment of Dividends & Other Cash Distributions-------
Other Cash from (used by) Financing Activities-----0.02M--
Net Cash from (used by) Financing Activities
-------0.02M
Effect of Exchange Rate Changes on Cash-------
Net Change in Cash & Cash Equivalents
-0.29M-0.3M-0.18M-0.31M---0.27M
Cash & Equivalents at Beginning of Year1.18M7.66M7.13M12.91M22.42M--
Cash & Equivalents at Year End----1.3M1.25M-
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 ERHC Energy stock price history and ERHC Energy stock comparison chart inevitably reflect its cash flow situation.

  • ERHC Energy has cash of $- 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 ERHC Energy stock price.
  • ERHC Energy decreased its cash from operating activities to $-0.56M till 2017 Q3. 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 $- for ERHE 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.
  • 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 $- for ERHC Energy.

Quarterly Cash Flow Statements For ERHC Energy Inc. Peers

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