Mackinac Financial Cash Flow - Annual (NASDAQ:MFNC)

Add to My Stocks
$16.07 $0.02 (0.12%) MFNC stock closing price Apr 20, 2018 (Closing)

The Mackinac Financial 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 Mackinac Financial 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 Mackinac Financial 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 Mackinac Financial cash flow analysis and can be used to measure the operating performance of Mackinac Financial compared to various industry peers like HLAN stock and EBMT stock. Mackinac Financial has a negative cash and cash equivalents change of $-9.32M.

View details of Mackinac Financial cash flows for latest & last 10 financial years
show more
Quarterly
Annual
View Previous Years
View Next Years
Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Net Income Cash Flow
5.47M4.48M5.59M1.7M5.93M7.08M2.21M-0.41M2.41M1.87M
Depreciation Depletion Amortization Cash-Flow2.42M1.92M1.67M1.5M1.65M1.54M1.41M1.64M2.02M1.35M
Net Increase (Decrease) in Assets Liabilities1.7M-9.56M1.8M2.22M-0.36M--12.59M-15.35M-
Cash From (used in) Discontinued Operations----------
Other Adjustments Net6.13M3.53M4.01M3.01M2.06M--2.26M5.66M2.41M3.99M
Net Cash from (used by) Operating Activities
15.74M-13.09M8.44M9.3M9.97M1.87M19.47M-8.49M7.37M
Increase (Decrease) in Prop Plant And Equipment--0.52M--0.52M--1.32M4.42M2.27M-0.09M1.33M
Acquisition Disposition of Subsidiaires----4.48M------
Increase (Decrease) in Investments9.81M10.59M12M1.21M-2.01M-4.54M-24.33M-9.35M-18.58M-46.61M
Other Cash Inflow (Outflow) from Investment Activities-32.92M-52.92M-18.35M-51.19M-37.85M-50.35M-12.12M-28.67M1.22M
Net Cash from (used by) Investment Activities
-22.51M-42.29M-5.98M-54.98M-38.95M-56.21M-19.91M5.03M-47.36M-44.04M
Issuance (Purchase) of Equity Shares--0.15M-1.12M-0.14M-11.5M10.2M--0.55M11M-0.11M
Issuance (Repayment) of Debt Securities5.97M16.82M-4.09M11.99M1.92M-0.07M----7.78M
Increase (Decrease) in Bank & Other Borrowings-------0.07M-0.07M-0.07M-1.95M
Payment of Dividends & Other Cash Distributions-3.02M-2.49M-2.17M-1.3M-1.25M-0.77M-0.55M--0.5M-
Other Cash from (used by) Financing Activities-5.51M49.49M3.35M39.72M31.74M29.76M18.01M-34.61M80.76M50.27M
Net Cash from (used by) Financing Activities
-2.56M63.66M-4.04M50.26M20.9M39.12M17.38M-35.23M91.18M40.42M
Effect of Exchange Rate Changes on Cash----------
Net Change in Cash & Cash Equivalents
-9.32M21.74M3.06M3.72M-8.74M-7.1M-0.64M-10.71M35.32M3.75M
Cash & Equivalents at Beginning of Year46.75M25M21.94M18.21M26.96M34.07M34.71M45.43M10.11M6.36M
Cash & Equivalents at Year End37.42M46.75M25M21.94M18.21M26.96M34.07M34.71M45.43M10.11M
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Years
View Next Years

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

  • Mackinac Financial had a Net Change in Cash and Cash Equivalents of $-9.32M for the latest year 2017. 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 Mackinac Financial 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: This is the cash that the company receives from ongoing operations. Mackinac Financial gained $15.74M cash from operations. It is important to check this to see where the company is getting its money from.
  • Growth companies, typically most tech companies; spend heavily on investing activities and this figure stood at $-22.51M for MFNC 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: Financing activities include the cash that comes into a company in the form of loans or interest earned or shareholders money, as well as the cash that goes out. Mackinac Financial spent $-2.56M from financing activities, in the form of repayment of loans or interest paid, dividend pay-out to shareholders etc.

Key Financial Ratios For Mackinac Financial Cash Flow

FCF margin
0.45