Midcoast Energy Partners Cash Flow - Quarterly (NYSE:MEP)

Add to My Stocks
$7.95 $0.05 (0.62%) MEP stock closing price Apr 26, 2017 (Closing)

For analyzing any company like Midcoast Energy Partners from an investment perspective, its important to check the cash flow statement. While its important to look at the Midcoast Energy Partners 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 Midcoast Energy Partners 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 Midcoast Energy Partners stock analysis. Midcoast Energy Partners had a negative net income cash flow of $-157M till this quarter of 2016 Q4. This report is very useful in measuring the short term viability of a company. Midcoast Energy Partners has a negative cash and cash equivalents change of $-10.6M.

View and download details of Midcoast Energy Partners cash flows for latest & last 40 quarters
show more
Fiscal year is Jan - Dec2016 Q42016 Q32016 Q22016 Q1
Net Income Cash Flow
-157M-124.4M-93.3M-30.3M
Depreciation Depletion Amortization Cash-Flow154.4M118.7M79.5M39.5M
Net Increase (Decrease) in Assets Liabilities103.6M47.3M35.7M90.1M
Cash From (used in) Discontinued Operations----
Other Adjustments Net125.9M98.3M80.9M24M
Net Cash from (used by) Operating Activities
226.9M139.9M102.8M123.3M
Increase (Decrease) in Prop Plant And Equipment-53.4M-39.2M-40.2M-16.3M
Acquisition Disposition of Subsidiaires----
Increase (Decrease) in Investments-0.3M---
Other Cash Inflow (Outflow) from Investment Activities16.6M22M9.2M6.4M
Net Cash from (used by) Investment Activities
-37.1M-17.2M-31M-9.9M
Issuance (Purchase) of Equity Shares----
Issuance (Repayment) of Debt Securities-70M---50M
Increase (Decrease) in Bank & Other Borrowings--40M-15M-
Payment of Dividends & Other Cash Distributions----
Other Cash from (used by) Financing Activities-130.4M-100.7M-66.7M-30M
Net Cash from (used by) Financing Activities
-200.4M-140.7M-81.7M-80M
Effect of Exchange Rate Changes on Cash----
Net Change in Cash & Cash Equivalents
-10.6M-18M-9.9M33.4M
Cash & Equivalents at Beginning of Year----
Cash & Equivalents at Year End7.4M-8.1M51.4M
All figures in USD. M: Millions of USD, B: Billions of USD.

Click here to view our Exxon Mobil financial analysis

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

  • Net Change in Cash and Cash Equivalents: A positive net change in cash and cash equivalents shows that Midcoast Energy Partners is able to meet its expenditure and grow cash at hand which demonstrates the financial strength of the company's balance sheet. Also see - Midcoast Energy Partners stock price movement.
  • Cash Flow from operating activities: Midcoast Energy Partners reported a positive operating cash flow of $226.9M till 2016 Q4 and has seen an increase from the previous quarter. Operating cash flow comes from main business activities. Investors look for positive cash flow from recurring operating activities.
  • Cash Flow from investment activities: Midcoast Energy Partners used $-37.1M cash due to investment activities. It includes the use of cash outside of normal day to day activities like buying fixed assets, plant and machinery etc.
  • Cash flow from financing activities shows the flow of cash between Midcoast Energy Partners and its owners and creditors and was $-200.4M till 2016 Q4. Financing activities allow a company to raise capital, and repay bondholders.