Micronet Enertec Cash Flow - Annual (NASDAQ:MICT)

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$0.91 $0 (0.33%) MICT stock closing price Sep 21, 2017 (Closing)

The Micronet Enertec cash flow statement is one of the three reports that the company generates every quarter. 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 Micronet Enertec profits and Micronet Enertec debt. Micronet Enertec stock analysis shows negative net income cash flow of $-7.51M for 2016. This statement is important because profits alone cannot pay employees, or bills. Cash is required.   MICT increase in investments stood at a positive value of $2.04M for the latest 2016. View details of Micronet Enertec cash flows for latest & last 10 financial years

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Fiscal year is Jan - Dec.201620152014201320122011
Micronet Enertec Net Income Cash Flow
-7.51M-3.05M-2.37M1.8M4.56M1.35M
Depreciation Depletion Amortization Cash-Flow1.39M1.59M1.44M2.62M1.34M0.06M
Net Increase (Decrease) in Assets Liabilities1.74M-1.16M-1.86M-0.71M4.27M-3.43M
Cash From (used in) Discontinued Operations-----0.05M
Other Adjustments Net0.43M0.29M1.46M-0.13M-6.18M0.01M
Micronet Enertec Net Cash from (used by) Operating Activities
-3.94M-2.32M-1.32M3.57M3.99M-1.94M
Increase (Decrease) in Prop Plant And Equipment-0.24M-0.36M-0.23M-0.33M-0.61M-0.29M
Acquisition Disposition of Subsidiaires---7.1M-1.58M-
Increase (Decrease) in Investments2.63M0.58M-0.32M-3.34M-0.25M-
Other Cash Inflow (Outflow) from Investment Activities-0.35M0.24M----
Micronet Enertec Net Cash from (used by) Invesment Activities
2.04M0.46M-7.65M-3.68M0.71M-0.29M
Issuance (Purchase) of Equity Shares0.64M-----
Issuance (Repayment) of Debt Securities0.87M-3.21M3.11M4.51M1.04M5.72M
Increase (Decrease) in Bank & Other Borrowings-1.16M3.29M3.71M0.11M4.03M-0.25M
Payment of Dividends & Other Cash Distributions----1.48M--
Other Cash from (used by) Financing Activities--0.05M-1.57M-0.98M-0.24M-1.5M
Micronet Enertec Net Cash from (used by) Financing Activities
0.35M0.03M5.25M2.16M4.83M2.84M
Effect of Exchange Rate Changes on Cash-0.14M-0.02M-0.5M0.15M0.13M-0.29M
Micronet Enertec Net Change in Cash & Cash Equivalents
-1.69M-1.85M-4.23M2.21M9.67M0.31M
Cash & Equivalents at Beginning of Year2.36M4.21M12.82M10.61M0.94M0.62M
Cash & Equivalents at Year End0.66M2.36M8.59M12.82M10.61M0.94M
All figures in USD. M: Millions of USD, B: Billions of USD.
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While Micronet Enertec stock price history provides the price history of a stock, Micronet Enertec stock comparison chart shows the same in comparison to peers, and cash flow statements provide cash position of the company. Common terms used in the statement of cash flows are:
  • Net Change in Cash and Cash Equivalents: Micronet Enertec cash reduced YoY to $-7.51M, meaning the company is unable to meet its expenditure and grow cash which will also eventually reflect in the Micronet Enertec stock price movement.
  • Cash Flow from operating activities: Operating activities include the core business activities. This line item refers to the cash generated from the same and stood at a negative value of $-3.94M for MICT.
  • Growth companies (typically most tech companies) spend heavily  on investing activities and this figure was positive at $2.04M for MICT 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 shows the flow of cash between Micronet Enertec and its owners and creditors and was $0.35M for 2016. Financing activities allow a company to raise capital, and repay bondholders.
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Key Financial Ratios For Micronet Enertec Cash Flow

FCF margin
0.04

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