Independence Resources Cash Flow - Annual (OTCMKTS:SNKTY)

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$0 $0 (0%) SNKTY stock closing price Jan 22, 2016 (Closing)

The Independence Resources cash flow statement helps investors understand how well the company is managing its cash flows. While its important to look at the Independence Resources 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 Independence Resources 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. Independence Resources had cash and cash equivalents of $1.52M at beginning of the year and $- at year end for 2012. Independence Resources cash flow analysis tells whether or not the company has enough cash for its day to day activities, and for investing for future growth. Independence Resources saw a outflow of $- from investing activities for 2012.

View details of Independence Resources cash flows for latest & last 10 financial years
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Fiscal year is Jan - Dec20122011201020092008
Net Income Cash Flow
-2.14M-4.88M-5.15M-5.1M-3.75M
Depreciation Depletion Amortization Cash-Flow-----
Net Increase (Decrease) in Assets Liabilities-0.15M--1.39M-0.54M-0.94M
Cash From (used in) Discontinued Operations-----
Other Adjustments Net-2.44M2.42M--
Net Cash from (used by) Operating Activities
-1.74M-1.85M-3.9M-5.21M-3.97M
Increase (Decrease) in Prop Plant And Equipment--0.95M-0.41M-0.04M-0.02M
Acquisition Disposition of Subsidiaires-0.29M----
Increase (Decrease) in Investments-0.02M-0.25M6.14M3.64M-10.14M
Other Cash Inflow (Outflow) from Investment Activities-2.01M-6.8M--
Net Cash from (used by) Investment Activities
---1.06M3.6M-10.16M
Issuance (Purchase) of Equity Shares-----
Issuance (Repayment) of Debt Securities--2.96M--
Increase (Decrease) in Bank & Other Borrowings-----
Payment of Dividends & Other Cash Distributions-----
Other Cash from (used by) Financing Activities---0.5M--
Net Cash from (used by) Financing Activities
--2.46M--
Effect of Exchange Rate Changes on Cash---0.01M--0.01M
Net Change in Cash & Cash Equivalents
-1.32M-0.19M-2.51M-1.6M-14.14M
Cash & Equivalents at Beginning of Year1.52M1.71M4.23M5.83M19.97M
Cash & Equivalents at Year End-1.52M1.71M4.23M5.83M
All figures in USD. M: Millions of USD, B: Billions of USD.

While Independence Resources stock price history provides the price history of a stock, Independence Resources 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:

  • Independence Resources saw a negative change in Net Change in Cash and Cash Equivalents of $-1.32M in 2012. Apart from the Independence Resources 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.
  • Cash Flow from operating activities: Independence Resources reported a negative operating cash flow of $-1.74M for 2012 and has seen an increase from the previous year. Operating cash flow comes from main business activities. Investors look for positive cash flow from recurring operating activities.
  • Cash Flow from investment activities: Independence Resources used $- 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 Independence Resources and its owners and creditors and was $- for 2012. Financing activities allow a company to raise capital, and repay bondholders.

Annual Cash Flow Statements For Independence Resources Peers

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