Resource America Cash Flow - Quarterly (NASDAQ:REXI)

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$9.78 $0.01 (0.1%) REXI stock closing price Sep 08, 2016 (Closing)

For analyzing any company like Resource America from an investment perspective, its important to check the cash flow statement. While its important to look at the Resource America 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 Resource America 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. This statement can tell if a company is running out of money while still being profitable and is useful in Resource America stock analysis. Resource America had a positive net income cash flow of $4.61M till this quarter of 2016 Q2. This report is very useful in measuring the short term viability of a company. REXI decrease in investments stood at a value of $-9.24M for the latest quarter 2016 Q2.

View and download details of Resource America cash flows for latest & last 40 quarters
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Fiscal year is Jan - Dec2016 Q22016 Q12015 Q4
Net Income Cash Flow
4.61M3.4M8.23M
Depreciation Depletion Amortization Cash-Flow1.04M-2.03M
Net Increase (Decrease) in Assets Liabilities3.11M-5.44M3.3M
Cash From (used in) Discontinued Operations---
Other Adjustments Net9.19M4.23M19.2M
Net Cash from (used by) Operating Activities
17.96M2.71M32.77M
Increase (Decrease) in Prop Plant And Equipment-0.06M-0.04M-0.71M
Acquisition Disposition of Subsidiaires---
Increase (Decrease) in Investments-6.75M-4.27M-7.13M
Other Cash Inflow (Outflow) from Investment Activities-2.42M--8.17M
Net Cash from (used by) Investment Activities
-9.24M-3.63M-16.02M
Issuance (Purchase) of Equity Shares-3.47M-3.47M-19.89M
Issuance (Repayment) of Debt Securities-0.29M--1.14M
Increase (Decrease) in Bank & Other Borrowings--0.14M-
Payment of Dividends & Other Cash Distributions-2.27M-1.13M-5.11M
Other Cash from (used by) Financing Activities-0.29M-0.1M-0.42M
Net Cash from (used by) Financing Activities
-6.33M-4.86M-26.57M
Effect of Exchange Rate Changes on Cash---
Net Change in Cash & Cash Equivalents
2.39M-5.78M-9.81M
Cash & Equivalents at Beginning of Year11.24M26.19M14.91M
Cash & Equivalents at Year End26.52M18.34M24.13M
All figures in USD. M: Millions of USD, B: Billions of USD.

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

  • Resource America saw a positive change in Net Change in Cash and Cash Equivalents of $2.39M till 2016 Q2. Apart from the Resource America 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.
  • Resource America increased its cash from operating activities to $17.96M till 2016 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 from investing stood at a negative value of $-9.24M for REXI stock. A company with surplus cash usually thinks of re-investing it in the form of buying fixed assests, or purchasing plant/ machinery which will help grow the business further. By looking at cash flow from investment activities one can check where the company is putting its cash.
  • Cash Flow from financing activities: Financing activities include the cash that comes into a company in the form of loans or interest earned or shareholders money, as well as the cash that goes out. Resource America spent $-6.33M from financing activities,in the form of repayment of loans or interest paid, dividend pay-out to shareholders etc.