RigNet Cash Flow - Annual (NASDAQ:RNET)

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$19.3 $0.7 (3.5%) RNET stock closing price Sep 19, 2018 (Closing)

The RigNet cash flow statement is one of the important reports considered by investors doing a fundamental analysis of the company. 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 RigNet profits and RigNet debt. RigNet had cash and cash equivalents of $57.15M at beginning of the year and $34.59M at year end for 2017. RigNet cash flow analysis tells whether or not the company has enough cash for its day to day activities, and for investing for future growth. RigNet had an inflow of $29.22M from operating activities, $-2.84M spend due to financing activities, and $-49.88M outflow due to investing activities for 2017.

View details of RigNet cash flows for latest & last 10 financial years
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Net Income Cash Flow
-16.19M-11.29M-16.66M15.98M16.54M12.02M9.75M-15.27M-19.62M10.35M
Depreciation Depletion Amortization Cash-Flow31.46M31.62M32.38M29.46M17.66M13.23M14.58M14.95M12.04M10.59M
Net Increase (Decrease) in Assets Liabilities6.38M16.9M5.24M-6.14M-7.46M5.91M-6.16M3.57M9.93M-
Cash From (used in) Discontinued Operations----------
Other Adjustments Net7.57M1.93M16.05M4.46M1.29M1.09M-1.58M16.64M23.82M-2.21M
Net Cash from (used by) Operating Activities
29.22M39.17M37.03M43.76M28.04M32.25M16.59M19.89M26.18M19.65M
Increase (Decrease) in Prop Plant And Equipment-17.78M-13.44M-33.98M-39.41M-29.72M-21.5M-18.99M-13.44M-10.08M-8.58M
Acquisition Disposition of Subsidiaires-32.2M-4.84M--26.48M-0.08M-42.55M----
Increase (Decrease) in Investments----------
Other Cash Inflow (Outflow) from Investment Activities--1.11M----2.69M10M--9.22M-0.77M
Net Cash from (used by) Investment Activities
-49.88M-19.39M-33.32M-65.33M-28.84M-66.76M-8.99M-13.44M-19.3M-9.36M
Issuance (Purchase) of Equity Shares-1.68M1.05M1.58M4.99M-4.63M36.39M--
Issuance (Repayment) of Debt Securities-3.17M-16.56M-8.62M26.35M-1.7M38.07M-8.71M2.25M-5.43M6M
Increase (Decrease) in Bank & Other Borrowings----------
Payment of Dividends & Other Cash Distributions-0.07M-0.19M-0.31M-0.29M-0.21M-0.18M-0.23M-0.46M--
Other Cash from (used by) Financing Activities-0.4M-0.27M-2.89M--0.99M--4.7M-5.47M-7.68M
Net Cash from (used by) Financing Activities
-2.84M-15.35M-7.24M30.53M3.2M37.7M-4.31M33.48M-10.77M-1.66M
Effect of Exchange Rate Changes on Cash--7.74M-2.57M-2.21M-2.32M3.43M-0.61M-0.87M-0.1M-0.11M
Net Change in Cash & Cash Equivalents
-22.55M-3.31M-6.1M6.75M-6.63M2.67M39.05M-3.89M8.62M
Cash & Equivalents at Beginning of Year57.15M60.46M66.57M59.82M59.74M53.1M50.43M11.37M15.37M6.86M
Cash & Equivalents at Year End34.59M57.15M60.46M66.57M59.82M59.74M53.1M50.43M11.37M15.37M
All figures in USD. M: Millions of USD, B: Billions of USD.
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RigNet stock price history provides insight into historical stock price fluctuations, and RigNet stock comparison chart enables peer comparison. Some of the key terms used in the statement of cash flows are:

  • RigNet had a Net Change in Cash and Cash Equivalents of $-22.55M for the latest year 2017. If a firm is able to grow its cash, it is considered to be a positive signal and could lead to a jump in the RigNet stock price, albeit too much cash on hand can imply the company has no or limited avenues for growth in which to invest this cash.
  • 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 positive value of $29.22M for RNET.
  • Cash Flow from investment activities: RigNet used $-49.88M 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: The cash inflow/outflow from financing activities was $-2.84M for RigNet. The money accounted for under this head comes from external sources which includes lenders, investors and shareholders. Positive cash flow is generated when the company gets cash because of issuance of stocks or bonds. Similarly negative cash flow is generated when shares are repurchased, dividend payments are made, and loans or interest on loans are paid back.

Key Financial Ratios For RigNet Cash Flow