Cannasys Cash Flow - Quarterly (OTCMKTS:MJTK)

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$0 $0 (0%) MJTK stock closing price Aug 17, 2018 (Closing)

The cash flow statement is one of the reports a publicly traded company like Cannasys needs to disclose. While its important to look at the Cannasys 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 Cannasys 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. Cannasys stock analysis shows negative net income cash flow of $-6.12M till 2017 Q4. This statement is important because profits alone cannot pay employees, or bills. Cash is required. The cash from operating activities for Cannasys is $ 2017 Q4, which saw a decrease from previous quarter.

View and download details of Cannasys cash flows for latest & last 40 quarters
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Annual
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Fiscal year is Jan - Dec2017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Net Income Cash Flow
-6.12M-5.14M-3.05M-2.6M-4.84M-3.51M-1.84M-0.7M-3.85M
Depreciation Depletion Amortization Cash-Flow1.02M--------
Net Increase (Decrease) in Assets Liabilities--0.07M-0.08M-0.12M-----
Cash From (used in) Discontinued Operations---------
Other Adjustments Net4.35M3.87M2.32M2.21M3.28M2.36M1M-2.9M
Net Cash from (used by) Operating Activities
-0.74M-0.6M-0.37M-0.27M-0.45M-0.3M-0.21M-0.11M-0.75M
Increase (Decrease) in Prop Plant And Equipment---------
Acquisition Disposition of Subsidiaires---------
Increase (Decrease) in Investments-0.02M-0.02M-0.02M-0.02M-----0.03M
Other Cash Inflow (Outflow) from Investment Activities---------0.12M
Net Cash from (used by) Investment Activities
-0.02M-0.02M-0.02M-0.02M-----0.15M
Issuance (Purchase) of Equity Shares---------
Issuance (Repayment) of Debt Securities---------
Increase (Decrease) in Bank & Other Borrowings---------
Payment of Dividends & Other Cash Distributions---------
Other Cash from (used by) Financing Activities---------
Net Cash from (used by) Financing Activities
---------
Effect of Exchange Rate Changes on Cash---------
Net Change in Cash & Cash Equivalents
--0.01M-0.01M---0.01M-0.01M--0.51M
Cash & Equivalents at Beginning of Year---------
Cash & Equivalents at Year End---------
All figures in USD. M: Millions of USD, B: Billions of USD.
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Cannasys stock price history provides insight into historical stock price fluctuations, and Cannasys stock comparison chart enables peer comparison. Some of the key terms used in the statement of cash flows are:

  • Cannasys has cash of $- 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 Cannasys stock price.
  • Cannasys decreased its cash from operating activities to $-0.74M till 2017 Q4. 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: Cannasys used $-0.02M 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 Cannasys and its owners and creditors and was $- till 2017 Q4. Financing activities allow a company to raise capital, and repay bondholders.

Key Financial Ratios For Cannasys Cash Flow

Quarterly Cash Flow Statements For Cannasys Inc Peers

Etsy cash flow, Genie Gateway cash flow