Mackinac Financial Cash Flow - Quarterly (NASDAQ:MFNC)

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$13.89 $0.16 (1.2%) MFNC stock closing price Jul 21, 2017 (Closing)

The cash flow statement is one of the reports a publicly traded company like Mackinac Financial needs to disclose. The profit-loss statement shows Mackinac Financial profits, the balance sheet shows Mackinac Financial debt, and the cash flow statement reflects the liquidity and solvency of a firm. This statement reflects the company's ability to generate cash flows. 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 NBTF stock and CHEV stock. Mackinac Financial had an inflow of $2.12M from operating activities, $70.4M spend due to financing activities, and $40.97M gain due to investing activities for 2017-Q1. View details of Mackinac Financial cash flows for latest & last 40 quarters.

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Fiscal year is Jan - Dec. 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4
Mackinac Financial Net Income Cash Flow
Depreciation Depletion Amortization Cash-Flow0.57M1.92M1.33M0.82M0.39M1.67M1.26M0.84M0.41M1.5M
Net Increase (Decrease) in Assets Liabilities-0.95M-9.56M11.28M12.07M-0.89M1.8M1.97M1.89M2.66M2.22M
Cash From (used in) Discontinued Operations----------
Other Adjustments Net1.15M3.53M2.19M0.89M0.65M4.01M3.1M2.1M1.16M3.01M
Mackinac Financial Net Cash from (used by) Operating Activities
Increase (Decrease) in Prop Plant And Equipment0.2M-0.52M-0.68M-0.45M-0.09M0.36M0.06M0.37M0.09M-0.52M
Acquisition Disposition of Subsidiaires-0.55M-19.82M-12.5M------4.48M
Increase (Decrease) in Investments2.96M10.59M9.52M5.68M0.01M12M11.96M5.72M2.97M1.21M
Other Cash Inflow (Outflow) from Investment Activities-4.5M-52.92M-25.1M-28.28M-0.84M-18.35M-18.47M-14.25M3.41M-51.19M
Mackinac Financial Net Cash from (used by) Invesment Activities
Issuance (Purchase) of Equity Shares--0.15M-0.15M-0.15M-0.09M-1.12M-0.79M-0.5M-0.26M-0.14M
Issuance (Repayment) of Debt Securities-4.3M16.82M10.97M13.85M10.7M-4.09M-0.25M14.63M-0.01M11.99M
Increase (Decrease) in Bank & Other Borrowings----------
Payment of Dividends & Other Cash Distributions-0.75M-2.49M-1.89M-1.24M-0.6M-2.17M-1.57M-0.93M-0.46M-1.3M
Other Cash from (used by) Financing Activities-1.69M49.49M33.15M23.52M-17.34M3.35M15.36M-18.15M-9.06M39.72M
Mackinac Financial Net Cash from (used by) Financing Activities
Effect of Exchange Rate Changes on Cash----------
Mackinac Financial Net Change in Cash & Cash Equivalents
Cash & Equivalents at Beginning of Year25M21.94M18.21M26.96M34.07M34.71M45.43M10.11M6.36M10.7M
Cash & Equivalents at Year End41.16M46.75M48.61M40.23M18.01M25M38.58M16.66M24.24M21.94M
All figures in USD. M: Millions of USD, B: Billions of USD.
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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 has cash of $41.16M 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 Mackinac Financial stock price.
  • Mackinac Financial increased its cash from operating activities to $2.12M in 2017-Q1. Operating activities include production of goods or creating a product or providing a service, and collecting payment for the same from customers. The cash generated from these activities is refered to as cash flow from operating activities.
  • Cash from investing stood at a positive value of $-1.32M for MFNC 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.
  • Cash flow from financing activities shows the flow of cash between Mackinac Financial and its owners and creditors and was $-6.74M for 2017-Q1. Financing activities allow a company to raise capital, and repay bondholders.

Key Financial Ratios For Mackinac Financial Cash Flow

FCF margin