Miller Energy Resources Cash Flow - Annual (OTCMKTS:MILLQ)

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$0.01 $0 (0%) MILLQ stock closing price Mar 29, 2016 (Closing)

The Miller Energy Resources cash flow statement helps investors understand how well the company is managing its cash flows. While its important to look at the Miller Energy Resources 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 Miller Energy Resources 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. Miller Energy Resources cash flow analysis is possible because this statement breaks down how balance sheet accounts and income statement items affect cash and cash equivalents. Miller Energy Resources had cash and cash equivalents of $2.55M at the beginning of the year and $5.74M at year end for 2014. Miller Energy Resources saw a outflow of $-182.83M from investing activities for 2014.

View details of Miller Energy Resources cash flows for latest & last 10 financial years
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Quarterly
Annual
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Fiscal year is May - Apr201420132012201120102009
Net Income Cash Flow
-28.56M-20.42M-18.69M-3.87M249.45M8.35M
Depreciation Depletion Amortization Cash-Flow34.91M13.99M14.43M12.85M2.7M-
Net Increase (Decrease) in Assets Liabilities7.48M-2.52M5.18M202.22M-
Cash From (used in) Discontinued Operations------
Other Adjustments Net1.48M-5.09M8.63M-6.43M-456.54M-10.12M
Net Cash from (used by) Operating Activities
15.32M-11.49M6.9M7.73M-2.16M-1.05M
Increase (Decrease) in Prop Plant And Equipment-139.61M-35.89M-33.96M-11.31M-5.93M6.76M
Acquisition Disposition of Subsidiaires-59.55M----4.54M-
Increase (Decrease) in Investments------
Other Cash Inflow (Outflow) from Investment Activities16.33M-----
Net Cash from (used by) Investment Activities
-182.83M-35.89M-33.96M-11.31M-10.47M6.76M
Issuance (Purchase) of Equity Shares67.37M28.45M11.38M1.26M9.92M-4.35M
Issuance (Repayment) of Debt Securities116.62M30.87M22.13M2M3.61M1.29M
Increase (Decrease) in Bank & Other Borrowings------
Payment of Dividends & Other Cash Distributions-8.55M-1.23M----
Other Cash from (used by) Financing Activities-4.73M-12.13M-4.03M-1.12M1.79M-2.65M
Net Cash from (used by) Financing Activities
170.71M45.96M29.47M2.14M15.34M-5.7M
Effect of Exchange Rate Changes on Cash------
Net Change in Cash & Cash Equivalents
3.19M-1.42M2.41M-1.43M2.7M-
Cash & Equivalents at Beginning of Year2.55M3.97M1.55M2.99M--
Cash & Equivalents at Year End5.74M2.55M3.97M1.55M2.75M-
All figures in USD. M: Millions of USD, B: Billions of USD.
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Miller Energy Resources stock comparison chart provides an easy way to compare the stock price with peers along with details of Miller Energy Resources stock price history.
The statement of cash flows can be categorized into three main sections:

  • Miller Energy Resources has cash of $5.74M 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 Miller Energy Resources stock price.
  • Cash Flow from operating activities: This is the cash that the company receives from ongoing operations. Miller Energy Resources gained $15.32M cash from operations. It is important to check this to see where the company is getting its money from.
  • Cash Flow from investment activities: Miller Energy Resources used $-182.83M 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 Miller Energy Resources and its owners and creditors and was $170.71M for 2014. Financing activities allow a company to raise capital, and repay bondholders.

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