Logic Devices Cash Flow - Annual (OTCMKTS:LOGC)

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$0 $0 (0%) LOGC stock closing price Oct 17, 2016 (Closing)

The financial analysis of LOGC requires an investor to check the cash flows for Logic Devices. While its important to look at the Logic Devices 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 Logic Devices 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. The cash flow statement is essetial while conducting the Logic Devices cash flow analysis and can be used to measure the operating performance of Logic Devices compared to various industry peers like SPIR stock and APIT stock. Logic Devices had an outflow of $-0.75M from operating activities, $- spend due to financing activities, and $-0.22M outflow due to investing activities for 2011.

View details of Logic Devices cash flows for latest & last 10 financial years
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Fiscal year is Oct - Sep2011201020092008
Net Income Cash Flow
-1.07M-1.08M-0.81M-3.96M
Depreciation Depletion Amortization Cash-Flow----
Net Increase (Decrease) in Assets Liabilities---1.04M
Cash From (used in) Discontinued Operations----
Other Adjustments Net---2.22M
Net Cash from (used by) Operating Activities
-0.75M-0.47M--0.38M
Increase (Decrease) in Prop Plant And Equipment-0.1M-0.42M-0.31M-0.27M
Acquisition Disposition of Subsidiaires----
Increase (Decrease) in Investments----
Other Cash Inflow (Outflow) from Investment Activities-0.12M-0.35M--
Net Cash from (used by) Investment Activities
-0.22M-0.77M--0.18M
Issuance (Purchase) of Equity Shares----
Issuance (Repayment) of Debt Securities----
Increase (Decrease) in Bank & Other Borrowings----
Payment of Dividends & Other Cash Distributions----
Other Cash from (used by) Financing Activities----
Net Cash from (used by) Financing Activities
----
Effect of Exchange Rate Changes on Cash----
Net Change in Cash & Cash Equivalents
-0.17M-0.99M--0.57M
Cash & Equivalents at Beginning of Year-1.23M--
Cash & Equivalents at Year End--1.23M-
All figures in USD. M: Millions of USD, B: Billions of USD.

Click here to view our Pixelworks financial analysis

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

  • Logic Devices saw a positive change in Net Change in Cash and Cash Equivalents of $-0.17M in 2011. Apart from the Logic Devices 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: Logic Devices reported a negative operating cash flow of $-0.75M for 2011 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 $-0.22M for LOGC 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 $- for Logic Devices. 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.

Annual Cash Flow Statements For LOGIC Devices Incorporated Peers

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