Summit Financial Services Cash Flow - Annual (OTCMKTS:SFNS)

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$1.48 $0.03 (2.07%) SFNS stock closing price Jun 11, 2014 (Closing)

The Summit Financial Services cash flow statement helps investors understand how well the company is managing its cash flows. This report provides details about cash inflows and outflows due to the company's business and investment activities, and summarize cash outflows for a given quarter. For Summit Financial Services profits one has to check the income statement and for Summit Financial Services debt one has to check the balance sheet. The cash flow statement is essetial while conducting the Summit Financial Services cash flow analysis and can be used to measure the operating performance of Summit Financial Services compared to various industry peers like ALMC stock and ATLC stock. Summit Financial Services had an inflow of $0.64M from operating activities, $4.92M spend due to financing activities, and $0.13M gain due to investing activities for 2012. View details of Summit Financial Services cash flows for latest & last ten financial years.

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Annual
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Fiscal year is Jan - Dec.201220112010200920082007
Summit Financial Services Net Income Cash Flow
1.59M1.46M1.29M0.35M0.24M1.48M
Depreciation Depletion Amortization Cash-Flow0.39M0.39M0.57M0.4M0.26M0.23M
Net Increase (Decrease) in Assets Liabilities-0.38M-0.85M0.65M-0.04M-0.54M-0.28M
Cash From (used in) Discontinued Operations------
Other Adjustments Net0.73M0.71M0.83M0.48M0.44M0.26M
Summit Financial Services Net Cash from (used by) Operating Activities
2.34M1.7M3.36M1.2M0.4M1.7M
Increase (Decrease) in Prop Plant And Equipment-0.06M-0.19M-0.5M-0.13M-0.09M-0.08M
Acquisition Disposition of Subsidiaires------
Increase (Decrease) in Investments------
Other Cash Inflow (Outflow) from Investment Activities------
Summit Financial Services Net Cash from (used by) Invesment Activities
-0.06M-0.19M-0.5M-0.13M-0.09M-0.08M
Issuance (Purchase) of Equity Shares-4.98M-0.15M-0.08M0.04M0.01M
Issuance (Repayment) of Debt Securities------
Increase (Decrease) in Bank & Other Borrowings------
Payment of Dividends & Other Cash Distributions-0.01M-0.01M-0.01M-0.01M-0.01M-0.01M
Other Cash from (used by) Financing Activities-0.09M-0.29M---0.67M
Summit Financial Services Net Cash from (used by) Financing Activities
-5.09M-0.17M0.28M0.07M0.03M-0.67M
Effect of Exchange Rate Changes on Cash------
Summit Financial Services Net Change in Cash & Cash Equivalents
-2.82M1.34M3.13M1.13M0.33M0.94M
Cash & Equivalents at Beginning of Year10.78M9.44M6.3M5.16M4.82M3.88M
Cash & Equivalents at Year End7.96M10.78M9.44M6.3M5.16M4.82M
All figures in USD. M: Millions of USD, B: Billions of USD.
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The statement of cash flows comprises of cash flow from financing, cash flow from operations and cash flow from investing activities. All the three can have an impact on the stock price. The Summit Financial Services stock price history and Summit Financial Services stock comparison chart inevitably reflect its cash flow situation.
  • Summit Financial Services has cash of $7.96M 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 Summit Financial Services stock price.
  • Cash Flow from operating activities: Summit Financial Services reported a positive operating cash flow of $2.34M for 2012 and has seen an increase from the previous year. Operating cash flow or working capital comes from main business activities. Investors look for positive cash flow from recurring operating activities.
  • Cash Flow from investment activities: Summit Financial Services generated $0.13M 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 Summit Financial Services and its owners and creditors and was $-5.09M for 2012. Financing activities allow a company to raise capital, and repay bondholders.
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