Mackinac Financial Cash Flow - Quarterly (NASDAQ:MFNC)

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$16.15 $0.01 (0.06%) MFNC stock closing price Sep 17, 2018 (Closing)

The Mackinac Financial cash flow statement helps investors understand how well the company is managing its cash flows. In simple terms, the cash flow statement measures the cash that has come into the company, and the cash that has gone out during a given period, while the other statements, the income statement and balance sheet, give details about Mackinac Financial profits and Mackinac Financial debt. Mackinac Financial stock analysis shows positive net income cash flow of $1.93M till 2018 Q2. This statement is important because profits alone cannot pay employees, or bills. Cash is required. MFNC increase in investments stood at a value of $66.26M for the latest quarter 2018 Q2.

View and download details of Mackinac Financial cash flows for latest & last 40 quarters
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Net Income Cash Flow
1.93M1.53M5.47M5.49M3.4M1.72M4.48M2.78M1M1.13M
Depreciation Depletion Amortization Cash-Flow1.3M-2.42M1.8M1.17M-1.92M1.33M--
Net Increase (Decrease) in Assets Liabilities1.23M-0.63M1.7M1.38M-0.42M-0.95M-9.56M11.28M12.07M-0.89M
Cash From (used in) Discontinued Operations----------
Other Adjustments Net1M-6.13M2.08M2.41M1.15M3.53M2.19M--
Net Cash from (used by) Operating Activities
5.46M2.12M15.74M10.76M6.56M2.49M-17.6M14.8M1.28M
Increase (Decrease) in Prop Plant And Equipment----0.18M-0.76M--0.52M-0.68M-0.45M-0.09M
Acquisition Disposition of Subsidiaires13.27M-------19.82M-12.5M-
Increase (Decrease) in Investments57.7M1.33M9.81M1.4M4.44M2.96M10.59M9.52M5.68M-
Other Cash Inflow (Outflow) from Investment Activities-4.84M--32.92M-28.3M-9.68M-4.5M-52.92M-25.1M-28.28M-0.84M
Net Cash from (used by) Investment Activities
66.26M2.38M-22.51M-27.08M-6.01M-1.32M-42.29M-36.09M-35.55M-0.92M
Issuance (Purchase) of Equity Shares32.52M------0.15M-0.15M-0.15M-0.09M
Issuance (Repayment) of Debt Securities-18.53M10.45M5.97M17.81M18.44M-4.3M16.82M10.97M13.85M10.7M
Increase (Decrease) in Bank & Other Borrowings----------
Payment of Dividends & Other Cash Distributions-2.04M-0.75M-3.02M-2.26M-1.51M-0.75M-2.49M-1.89M-1.24M-0.6M
Other Cash from (used by) Financing Activities-56.21M-11.2M-5.51M11.69M24.73M-1.69M49.49M33.15M23.52M-17.34M
Net Cash from (used by) Financing Activities
-44.26M-1.5M-2.56M27.24M41.66M-6.74M63.66M42.09M35.98M-7.35M
Effect of Exchange Rate Changes on Cash----------
Net Change in Cash & Cash Equivalents
27.46M3M-9.32M10.92M42.22M-5.58M21.74M23.6M15.22M-6.99M
Cash & Equivalents at Beginning of Year37.43M46.75M25M21.94M18.21M26.96M34.07M34.71M45.43M10.11M
Cash & Equivalents at Year End64.89M40.42M37.42M57.68M88.97M41.16M46.75M48.61M40.23M18.01M
All figures in USD. M: Millions of USD, B: Billions of USD.
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The statement of cash flows comprises of cash flow from financing, cash flow from operations and cash flow from investing activities. All the three can have an impact on the stock price. The Mackinac Financial stock price history and Mackinac Financial stock comparison chart inevitably reflect its cash flow situation.

  • Mackinac Financial saw a positive change in Net Change in Cash and Cash Equivalents of $27.46M till 2018 Q2. Apart from the Mackinac Financial 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.
  • Mackinac Financial increased its cash from operating activities to $5.46M till 2018 Q2. 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 Flow from investment activities: This includes buying/selling of land and equipment, acquisitions and mergers, sell-off, investment in other companies like buying bonds, stocks etc., and was $66.26M for MFNC till last quarter 2018 Q2 report.
  • Cash flow from financing activities shows the flow of cash between Mackinac Financial and its owners and creditors and was $-44.26M till 2018 Q2. Financing activities allow a company to raise capital, and repay bondholders.

Key Financial Ratios For Mackinac Financial Cash Flow

FCF margin
0.21