Fortegra Financial Cash Flow - Annual (NYSE:FRF)

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$9.97 $0.04 (0.4%) FRF stock closing price Dec 03, 2014 (Closing)

The Fortegra Financial cash flow statement helps investors understand how well the company is managing its cash flows. While its important to look at the Fortegra Financial 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 Fortegra Financial 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 Fortegra Financial stock analysis. Fortegra Financial had a positive net income cash flow of $22.71M for the latest 2013. This report is very useful in measuring the short term viability of a company. Fortegra Financial saw a inflow of $54.11M from investing activities for 2013.

View details of Fortegra Financial cash flows for latest & last 10 financial years
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Fiscal year is Jan - Dec20132012201120102009
Net Income Cash Flow
22.71M15.16M14.51M--
Depreciation Depletion Amortization Cash-Flow14.42M10.16M8.63M--
Net Increase (Decrease) in Assets Liabilities32.42M5.02M-13.7M--
Cash From (used in) Discontinued Operations-8.41M----
Other Adjustments Net-20.68M1.63M3.38M--
Net Cash from (used by) Operating Activities
40.45M31.98M12.83M--
Increase (Decrease) in Prop Plant And Equipment-3.26M-5.83M-6.28M--
Acquisition Disposition of Subsidiaires80.86M-21.82M-50.29M--
Increase (Decrease) in Investments-25.53M-20.84M8.54M--
Other Cash Inflow (Outflow) from Investment Activities2.05M-10.79M---
Net Cash from (used by) Investment Activities
54.11M-59.29M-47.46M--
Issuance (Purchase) of Equity Shares-1.32M-3.9M-12.92M--
Issuance (Repayment) of Debt Securities-86.16M16.43M36.28M--
Increase (Decrease) in Bank & Other Borrowings-----
Payment of Dividends & Other Cash Distributions-0.76M----
Other Cash from (used by) Financing Activities--1.36M-0.78M--
Net Cash from (used by) Financing Activities
-88.09M11.17M22.57M--
Effect of Exchange Rate Changes on Cash-----
Net Change in Cash & Cash Equivalents
6.47M-16.13M-12.05M--
Cash & Equivalents at Beginning of Year15.2M31.33M43.38M--
Cash & Equivalents at Year End21.68M15.2M31.33M--
All figures in USD. M: Millions of USD, B: Billions of USD.

Fortegra Financial stock comparison chart provides an easy way to compare the stock price with peers along with details of Fortegra Financial stock price history.
The statement of cash flows can be categorized into three main sections:

  • Fortegra Financial has cash of $21.68M 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 Fortegra Financial 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 $40.45M for FRF.
  • Growth companies, typically most tech companies; spend heavily on investing activities and this figure stood at $54.11M for FRF 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.
  • 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 $-88.09M for Fortegra Financial.