General Steel Cash Flow - Annual (OTCMKTS:GSIH)

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$0.03 $0 (0%) GSIH stock closing price Aug 15, 2018 (Closing)

The General Steel cash flow statement is one of the important reports considered by investors doing a fundamental analysis of the company. While its important to look at the General Steel 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 General Steel 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 General Steel stock analysis. General Steel had a negative net income cash flow of $-1.3B for the latest 2015. This report is very useful in measuring the short term viability of a company. General Steel had an outflow of $-16.58M from operating activities, $-148.73M spend due to financing activities, and $151.24M inflow due to investing activities for 2015.

View details of General Steel cash flows for latest & last 10 financial years
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Fiscal year is Jan - Dec20152014201320122011201020092008
Net Income Cash Flow
Depreciation Depletion Amortization Cash-Flow-117.52M109.84M127.05M86.03M41.17M33.59M23.24M
Net Increase (Decrease) in Assets Liabilities-5.83M179.71M-54.35M75.35M-144.19M-186.34M-52.38M130.96M
Cash From (used in) Discontinued Operations1.28B-------
Other Adjustments Net13.75M-81.08M-176.78M24.29M45M-12.43M50.56M-30.02M
Net Cash from (used by) Operating Activities
Increase (Decrease) in Prop Plant And Equipment--239.59M-43.19M-27.63M-109.63M-95.19M-103.17M-201.83M
Acquisition Disposition of Subsidiaires------4.91M2.78M
Increase (Decrease) in Investments--13.53M--2.85M6.11M-6.59M-
Other Cash Inflow (Outflow) from Investment Activities151.24M10.51M-76.13M-36.44M-190.17M-39.46M-7.54M
Net Cash from (used by) Investment Activities
Issuance (Purchase) of Equity Shares-7.5M--1.4M-1.92M-23.09M-
Issuance (Repayment) of Debt Securities-216.85M-23.15M--2.18M---
Increase (Decrease) in Bank & Other Borrowings--429.56M294.91M-291.69M686.78M467.88M166.66M136.57M
Payment of Dividends & Other Cash Distributions-------2.34M-
Other Cash from (used by) Financing Activities-148.73M275.83M-17.78M286.24M-29.6M-233.6M-61.3M-73.96M
Net Cash from (used by) Financing Activities
Effect of Exchange Rate Changes on Cash2.43M-1.23M2.31M-2.72M-0.01M1.59M
Net Change in Cash & Cash Equivalents
Cash & Equivalents at Beginning of Year11.64M31.96M46.46M120.01M65.27M82.11M14.89M43.71M
Cash & Equivalents at Year End-11.64M31.96M46.46M120.01M65.27M82.11M14.89M
All figures in USD. M: Millions of USD, B: Billions of USD.
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General Steel stock comparison chart provides an easy way to compare the stock price with peers along with details of General Steel stock price history.
The statement of cash flows can be categorized into three main sections:

  • General Steel 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 General Steel stock price.
  • Cash Flow from operating activities: General Steel reported a negative operating cash flow of $-16.58M for 2015 and has seen a decrease from the previous year. Operating cash flow comes from main business activities. Investors look for positive cash flow from recurring operating activities.
  • Cash from investing stood at a positive value of $151.24M for GSIH 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 $-148.73M for General Steel.

Key Financial Ratios For General Steel Cash Flow