StealthGas Cash Flow - Annual (NASDAQ:GASS)

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$3.6 $0.07 (1.91%) GASS stock closing price Sep 17, 2018 (Closing)

For analyzing any company like StealthGas from an investment perspective, its important to check the cash flow statement. While its important to look at the StealthGas 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 StealthGas 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. StealthGas had cash and cash equivalents of $73.53M at beginning of the year and $62.9M at year end for 2017. StealthGas cash flow analysis tells whether or not the company has enough cash for its day to day activities, and for investing for future growth. GASS decrease in investments stood at a value of $-48.91M for the latest year 2017.

View details of StealthGas cash flows for latest & last 10 financial years
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Net Income Cash Flow
-1.21M-7.79M2.56M12.68M21.21M28.95M8.54M11.09M-13.31M29.98M
Depreciation Depletion Amortization Cash-Flow39.41M39.61M36.24M34.46M31.18M29.18M27.95M27.13M26.96M22.38M
Net Increase (Decrease) in Assets Liabilities7.51M-1.28M1.59M2.33M-0.78M-4.95M-3.51M-7.89M5.68M-5.99M
Cash From (used in) Discontinued Operations----------
Other Adjustments Net6.64M5.62M7.64M5.75M-2.48M-4.74M9.38M-2.51M29M1.7M
Net Cash from (used by) Operating Activities
52.35M36.15M48.05M55.23M49.12M48.44M42.37M27.81M48.34M48.08M
Increase (Decrease) in Prop Plant And Equipment-49.13M-54.68M-153.06M-101.96M-124.4M-44.49M-29.98M-33.75M-100.64M-140.62M
Acquisition Disposition of Subsidiaires----------
Increase (Decrease) in Investments----------
Other Cash Inflow (Outflow) from Investment Activities-10.67M-11.94M10.85M4.61M--1.61M--0.92M-19.35M
Net Cash from (used by) Investment Activities
-48.91M-44M-165M-91.1M-119.78M-43.89M-31.59M-33.17M-101.56M-159.98M
Issuance (Purchase) of Equity Shares--2.07M-13.42M107.51M109.11M--2.23M-6.28M--
Issuance (Repayment) of Debt Securities-13.25M-24.43M99.15M-27.36M7.51M-5.71M5.98M-0.73M62.12M137.93M
Increase (Decrease) in Bank & Other Borrowings----------
Payment of Dividends & Other Cash Distributions---------4.18M-16.72M
Other Cash from (used by) Financing Activities-0.81M-0.71M2.17M-1.13M-2.02M--0.79M-3.59M-2.5M-0.57M
Net Cash from (used by) Financing Activities
-14.06M-27.21M87.89M79.01M114.6M-5.71M2.95M-10.61M55.44M120.63M
Effect of Exchange Rate Changes on Cash----0.25M--0.09M-1.69M--
Net Change in Cash & Cash Equivalents
-10.62M-35.06M-29.05M42.89M43.94M-1.26M13.74M-14.27M2.22M8.73M
Cash & Equivalents at Beginning of Year73.53M100.06M129.11M86.21M42.27M43.53M29.79M44.07M41.84M33.11M
Cash & Equivalents at Year End62.9M64.99M100.06M129.11M86.21M42.27M43.53M29.79M44.07M41.84M
All figures in USD. M: Millions of USD, B: Billions of USD.
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While StealthGas stock price history provides the price history of a stock, StealthGas 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:

  • StealthGas saw a positive change in Net Change in Cash and Cash Equivalents of $-10.62M in 2017. Apart from the StealthGas 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.
  • The cash generated from the core business or operations was a positive at $52.35M for StealthGas in the latest 2017. For an internet company, this would include all those activities which are involved in eventually selling advertisement space on its website or any online service.
  • Growth companies, typically most tech companies; spend heavily on investing activities and this figure stood at $-48.91M for GASS 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 $-14.06M for StealthGas. 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 StealthGas Cash Flow