Oilsands Quest Cash Flow - Annual (OTCMKTS:OBQI)

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$0.02 $0 (0%) OBQI stock closing price Aug 21, 2014 (Closing)

The Oilsands Quest cash flow statement helps investors understand how well the company is managing its cash flows. While its important to look at the Oilsands Quest 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 Oilsands Quest 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. Oilsands Quest had cash and cash equivalents of $18.64M at beginning of the year and $15.98M at year end for 2011. Oilsands Quest cash flow analysis tells whether or not the company has enough cash for its day to day activities, and for investing for future growth. The cash from operating activities for Oilsands Quest is $ 2011, which saw an increase from previous year.

View details of Oilsands Quest cash flows for latest & last 10 financial years
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Fiscal year is May - Apr2011201020092008
Net Income Cash Flow
-316.23M-64.48M-90.47M-98.87M
Depreciation Depletion Amortization Cash-Flow4.54M2.52M1.56M1.07M
Net Increase (Decrease) in Assets Liabilities2.86M-3.39M-3.9M8.57M
Cash From (used in) Discontinued Operations----
Other Adjustments Net278.45M13.16M--7.52M
Net Cash from (used by) Operating Activities
-30.37M-52.18M-92.2M-96.74M
Increase (Decrease) in Prop Plant And Equipment-3.01M-1.78M-7.41M-14.62M
Acquisition Disposition of Subsidiaires----
Increase (Decrease) in Investments-25.2M-5.28M-18.06M
Other Cash Inflow (Outflow) from Investment Activities-1.86M---
Net Cash from (used by) Investment Activities
-4.87M23.42M-12.64M-32.68M
Issuance (Purchase) of Equity Shares32.34M38.81M89.81M144.45M
Issuance (Repayment) of Debt Securities----
Increase (Decrease) in Bank & Other Borrowings----21.2M
Payment of Dividends & Other Cash Distributions----
Other Cash from (used by) Financing Activities----
Net Cash from (used by) Financing Activities
32.34M38.81M89.81M123.24M
Effect of Exchange Rate Changes on Cash-1.59M-4.48M-
Net Change in Cash & Cash Equivalents
-2.65M11.65M-19.51M-5.89M
Cash & Equivalents at Beginning of Year18.64M6.98M26.49M32.39M
Cash & Equivalents at Year End15.98M18.64M6.98M26.49M
All figures in USD. M: Millions of USD, B: Billions of USD.

Oilsands Quest stock comparison chart provides an easy way to compare the stock price with peers along with details of Oilsands Quest stock price history.
The statement of cash flows can be categorized into three main sections:

  • Oilsands Quest has cash of $15.98M 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 Oilsands Quest stock price.
  • The cash generated from the core business or operations was a negative at $-30.37M for Oilsands Quest in the latest 2011. For an internet company, this would include all those activities which are involved in eventually selling advertisement space on its website or any online service.
  • Growth companies, typically most tech companies; spend heavily on investing activities and this figure stood at $-4.87M for OBQI 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 Oilsands Quest and its owners and creditors and was $32.34M for 2011. Financing activities allow a company to raise capital, and repay bondholders.