Gasco Energy Cash Flow - Annual (OTCMKTS:GSXN)

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$0 $0 (0%) GSXN stock closing price Jun 30, 2014 (Closing)

The Gasco Energy cash flow statement is one of the three reports that the company generates every quarter. While its important to look at the Gasco Energy 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 Gasco Energy 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. Gasco Energy had cash and cash equivalents of $1.96M at beginning of the year and $2.93M at year end for 2012. Gasco Energy cash flow analysis tells whether or not the company has enough cash for its day to day activities, and for investing for future growth. Gasco Energy had an outflow of $-3.66M from operating activities, $-8.54M spend due to financing activities, and $13.18M inflow due to investing activities for 2012.

View details of Gasco Energy cash flows for latest & last 10 financial years
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Fiscal year is Jan - Dec20122011201020092008
Net Income Cash Flow
-22.23M-7.3M10.12M-50.18M14.51M
Depreciation Depletion Amortization Cash-Flow23.34M6.82M17.3M6.13M13.48M
Net Increase (Decrease) in Assets Liabilities-0.01M--5M-3.43M
Cash From (used in) Discontinued Operations-----
Other Adjustments Net-4.77M-0.14M-24.13M55.28M-6.41M
Net Cash from (used by) Operating Activities
-3.66M-0.42M3.64M16.24M18.15M
Increase (Decrease) in Prop Plant And Equipment18.99M-24.29M-7.41M
Acquisition Disposition of Subsidiaires-5.75M-8.79M-6.98M-10.8M-49.35M
Increase (Decrease) in Investments-----
Other Cash Inflow (Outflow) from Investment Activities-0.05M-1.06M1.16M--
Net Cash from (used by) Investment Activities
13.18M-9.84M18.47M-10.26M-41.94M
Issuance (Purchase) of Equity Shares-10M--1.16M
Issuance (Repayment) of Debt Securities---0.05M--
Increase (Decrease) in Bank & Other Borrowings-8.54M1.6M-28M3.54M22M
Payment of Dividends & Other Cash Distributions-----
Other Cash from (used by) Financing Activities--1.35M-2.64M--0.16M
Net Cash from (used by) Financing Activities
-8.54M10.24M-30.7M3.54M23M
Effect of Exchange Rate Changes on Cash-----
Net Change in Cash & Cash Equivalents
--0.02M-8.58M9.52M-0.79M
Cash & Equivalents at Beginning of Year1.96M1.99M10.57M1.05M1.84M
Cash & Equivalents at Year End2.93M1.96M1.99M10.57M1.05M
All figures in USD. M: Millions of USD, B: Billions of USD.

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

  • Gasco Energy had a Net Change in Cash and Cash Equivalents of $- for the latest year 2012. If a firm is able to grow its cash, it is considered to be a positive signal and could lead to a jump in the Gasco Energy stock price, albeit too much cash on hand can imply the company has no or limited avenues for growth in which to invest this cash.
  • Cash Flow from operating activities: Gasco Energy reported a negative operating cash flow of $-3.66M for 2012 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.
  • Growth companies, typically most tech companies; spend heavily on investing activities and this figure stood at $13.18M for GSXN 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 shows the flow of cash between Gasco Energy and its owners and creditors and was $-8.54M for 2012. Financing activities allow a company to raise capital, and repay bondholders.