Fidelity and Guaranty Life Cash Flow - Annual (NYSE:FGL)

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$31.1 $0 (0%) FGL stock closing price Nov 30, 2017 (Closing)

For analyzing any company like Fidelity and Guaranty Life from an investment perspective, its important to check the cash flow statement. While its important to look at the Fidelity and Guaranty Life 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 Fidelity and Guaranty Life 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. Fidelity and Guaranty Life cash flow analysis is possible because this statement breaks down how balance sheet accounts and income statement items affect cash and cash equivalents. Fidelity and Guaranty Life had cash and cash equivalents of $864M at the beginning of the year and $885M at year end for 2017. FGL decrease in investments stood at a value of $-1.22B for the latest year 2017.

View details of Fidelity and Guaranty Life cash flows for latest & last 10 financial years
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Quarterly
Annual
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Fiscal year is Oct - Sep2017201620152014201320122011
Net Income Cash Flow
223M97M118M162.7M347.66M344.17M189.6M
Depreciation Depletion Amortization Cash-Flow-42M-40M-60M55M206.85M250.44M186.81M
Net Increase (Decrease) in Assets Liabilities-67M35M-216M-95.7M-93.56M176.07M-142.49M
Cash From (used in) Discontinued Operations-------
Other Adjustments Net123M273M193M51.99M-125.24M-470.67M14.61M
Net Cash from (used by) Operating Activities
237M365M35M174M335.71M300.02M248.53M
Increase (Decrease) in Prop Plant And Equipment-4M-8M-7M-9.4M-4.06M--1.74M
Acquisition Disposition of Subsidiaires------695.47M
Increase (Decrease) in Investments-1.26B-1.12B-656M-1.66B-50.81M209.29M458.28M
Other Cash Inflow (Outflow) from Investment Activities48M-63M-361M6.4M-34.92M-156.27M-6.64M
Net Cash from (used by) Investment Activities
-1.22B-1.19B-1.02B-1.66B-89.81M53.01M1.15B
Issuance (Purchase) of Equity Shares-1M1M-9M175.5M111.71M4.03M378.86M
Issuance (Repayment) of Debt Securities1.02B1.2B939M739.7M-54.09M-34.04M-716.01M
Increase (Decrease) in Bank & Other Borrowings-------
Payment of Dividends & Other Cash Distributions-15M-15M-15M-54.4M-93.65M-40M-20M
Other Cash from (used by) Financing Activities----3.5M-60.12M-49.33M49.33M
Net Cash from (used by) Financing Activities
1B1.18B915M857.3M-96.15M-119.35M-307.8M
Effect of Exchange Rate Changes on Cash-------
Net Change in Cash & Cash Equivalents
21M362M-74M-627.9M149.74M233.68M1.09B
Cash & Equivalents at Beginning of Year864M502M576M1.2B1.05B820.9M639.49M
Cash & Equivalents at Year End885M864M502M576.4M1.2B1.05B1.73B
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 Fidelity and Guaranty Life stock price history and Fidelity and Guaranty Life stock comparison chart inevitably reflect its cash flow situation.

  • Fidelity and Guaranty Life saw a negative change in Net Change in Cash and Cash Equivalents of $21M in 2017. Apart from the Fidelity and Guaranty Life stock price, this is one of the things an investor looks for, as it shows the net change in cash on hand for a company, compared to previous period.
  • Cash Flow from operating activities: This is the cash that the company receives from ongoing operations. Fidelity and Guaranty Life gained $237M cash from operations. It is important to check this to see where the company is getting its money from.
  • Growth companies, typically most tech companies; spend heavily on investing activities and this figure stood at $-1.22B for FGL 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: The cash inflow/outflow from financing activities was $1B for Fidelity and Guaranty Life. 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 Fidelity and Guaranty Life Cash Flow