Summit Financial Cash Flow - Quarterly (NASDAQ:SMMF)

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$21.29 $0 (0%) SMMF stock closing price Jul 20, 2017 (Closing)

The Summit Financial cash flow statement is one of the important reports considered by investors doing a fundamental analysis of the company. While its important to look at the Summit Financial 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 Summit Financial 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. Summit Financial cash flow analysis is possible because this statement breaks down how balance sheet accounts and income statement items affect cash and cash equivalents.  Summit Financial had cash and cash equivalents of $9.48M at the beginning of the quarter and $58.22M at quarter end for 2017-Q1.   Summit Financial saw a inflow of $124.88M from investing activities for 2017-Q1. View details of Summit Financial cash flows for latest & last 40 quarters.

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Fiscal year is Jan - Dec. 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4
Summit Financial Net Income Cash Flow
Depreciation Depletion Amortization Cash-Flow1.26M5.75M4.37M2.9M1.46M6.41M4.9M3.23M1.56M6.61M
Net Increase (Decrease) in Assets Liabilities10.24M1.22M-0.01M-2.13M0.8M-1.41M-0.11M-0.77M1.12M-
Cash From (used in) Discontinued Operations----------
Other Adjustments Net-3.15M-1.06M-0.39M-0.27M-0.09M2.53M2.24M1.49M0.57M7.62M
Summit Financial Net Cash from (used by) Operating Activities
Increase (Decrease) in Prop Plant And Equipment-1.76M2.89M2.5M2.58M0.99M10.63M7.79M5.52M3.18M14.1M
Acquisition Disposition of Subsidiaires-31.4M--------
Increase (Decrease) in Investments-16.58M7.86M13.92M18.05M8.44M-6.26M6.02M-0.13M-0.4M9.54M
Other Cash Inflow (Outflow) from Investment Activities14.67M-170.71M-156.74M-86.8M-16.86M-63.35M-45.88M-46.37M-20.82M-87.98M
Summit Financial Net Cash from (used by) Invesment Activities
Issuance (Purchase) of Equity Shares0.04M0.54M---1.42M1.37M3.66M1.21M7.89M
Issuance (Repayment) of Debt Securities-0.45M-28.91M61.82M-0.95M-0.47M-18.7M-18.23M-15.25M-12.27M-86.02M
Increase (Decrease) in Bank & Other Borrowings4.4M53.06M-34.15M-17.94M47.76M21.65M50.96M25.35M60.86M
Payment of Dividends & Other Cash Distributions-1.18M-4.27M-3.12M-2.08M-1.04M-3.52M-2.69M-1.85M-1M-0.77M
Other Cash from (used by) Financing Activities5.72M122.03M90.07M29.83M27.83M5.36M10.74M-8.03M-3.01M57.5M
Summit Financial Net Cash from (used by) Financing Activities
Effect of Exchange Rate Changes on Cash----------
Summit Financial Net Change in Cash & Cash Equivalents
Cash & Equivalents at Beginning of Year9.48M12.51M11.78M14.8M32.69M4.65M6.81M11.35M21.28M12.03M
Cash & Equivalents at Year End58.22M46.61M34.49M13.05M16.66M9.48M12.28M13.26M12.28M12.51M
All figures in USD. M: Millions of USD, B: Billions of USD.
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While Summit Financial stock price history provides the price history of a stock, Summit Financial stock comparison chart shows the same in comparison to peers, and cash flow statements provide cash position of the company. Common terms used in the statement of cash flows are:
  • Summit Financial has cash of $58.22M 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 stock price.
  • 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 $6.74M for SMMF.
  • Cash Flow from investment activities: This includes buying/selling of land and equipment, acquisitions and mergers, sell-off, investment in other companies like buying bonds, stocks etc. , and was $6.74M for SMMF in last quarter report.
  • 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. Summit Financial spent $133.93M from financing activities,in the form of repayment of loans or interest paid, dividend pay-out to shareholders etc.

Key Financial Ratios For Summit Financial Cash Flow

FCF margin