Empire Resources Cash Flow - Quarterly (NASDAQ:ERS)

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$7 $0 (0%) ERS stock closing price May 08, 2017 (Closing)

For analyzing any company like Empire Resources from an investment perspective, its important to check the cash flow statement. While its important to look at the Empire Resources 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 Empire Resources 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. Empire Resources stock analysis shows positive net income cash flow of $3.3M till 2016 Q4. This statement is important because profits alone cannot pay employees, or bills. Cash is required. Empire Resources has a negative cash and cash equivalents change of $-3.25M.

View and download details of Empire Resources cash flows for latest & last 40 quarters
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Fiscal year is Jan - Dec2016 Q42016 Q32016 Q22016 Q12015 Q42015 Q3
Net Income Cash Flow
Depreciation Depletion Amortization Cash-Flow----1.64M1.18M
Net Increase (Decrease) in Assets Liabilities21.28M38.03M19.53M16.3M62.84M36.21M
Cash From (used in) Discontinued Operations------
Other Adjustments Net1.67M-0.02M-0.17M-0.56M-1.51M-0.91M
Net Cash from (used by) Operating Activities
Increase (Decrease) in Prop Plant And Equipment-0.16M-0.15M-0.14M-0.02M-3.51M-0.23M
Acquisition Disposition of Subsidiaires------
Increase (Decrease) in Investments------
Other Cash Inflow (Outflow) from Investment Activities----3.33M2.5M
Net Cash from (used by) Investment Activities
Issuance (Purchase) of Equity Shares-0.54M-0.45M-0.17M-0.12M-2.5M-2.32M
Issuance (Repayment) of Debt Securities-11.26M-11.19M-11.13M-15.4M5.23M-
Increase (Decrease) in Bank & Other Borrowings-17.08M-30.51M-10.88M--61.07M-33.97M
Payment of Dividends & Other Cash Distributions-1.1M-0.76M-0.42M-0.21M-1.1M-0.88M
Other Cash from (used by) Financing Activities-0.14M-0.14M-0.14M---
Net Cash from (used by) Financing Activities
Effect of Exchange Rate Changes on Cash-0.14M-0.12M-0.1M-0.01M-0.09M-0.04M
Net Change in Cash & Cash Equivalents
Cash & Equivalents at Beginning of Year3.13M4.27M1.27M1.14M2.48M-
Cash & Equivalents at Year End4.06M5.71M6.35M8.73M7.31M5.53M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Empire Resources stock comparison chart provides an easy way to compare the stock price with peers along with details of Empire Resources stock price history.
The statement of cash flows can be categorized into the following main sections:

  • Empire Resources has cash of $4.06M 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 Empire Resources stock price.
  • Cash Flow from operating activities: Operating activities include the core business activities. This line item refers to the cash generated from the same and stood at a positive value of $27.2M for ERS.
  • Growth companies, typically most tech companies; spend heavily on investing activities and this figure stood at $-0.16M for ERS stock. Sometimes a company might have a negative overall cash flow which may not be really bad if it is due to investment expenses. Hence it is important to check the cash flow from investment activities.
  • 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. Empire Resources spent $-30.15M from financing activities,in the form of repayment of loans or interest paid, dividend pay-out to shareholders etc.