Renesola Cash Flow - Quarterly (NYSE:SOL)

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$2.44 $0.02 (0.81%) SOL stock closing price Jun 18, 2018 (Closing)

The cash flow statement is one of the reports a publicly traded company like Renesola needs to disclose. While its important to look at the Renesola 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 Renesola 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. Items like capital purchases, bank loan payments etc. which have a direct impact on the cash position of a company come out through the statemement of cash flows and help an investor who undertakes the Renesola stock analysis. Renesola generated $18.43M cash from operating activities in till this quarter of 2017 Q4. SOL decrease in investments stood at a value of $-156.35M for the latest quarter 2017 Q4.

View and download details of Renesola cash flows for latest & last 40 quarters
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Quarterly
Annual
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Fiscal year is Jan - Dec2017 Q42017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Net Income Cash Flow
3.19M-54.69M-23.24M-34.69M-9.23M11.25M5.73M-5.07M
Depreciation Depletion Amortization Cash-Flow4.47M38.76M20.92M83.23M59.17M39.3M21.25M90.87M
Net Increase (Decrease) in Assets Liabilities-55.23M-27.63M-34.21M-21.41M-69.6M-64.7M-28.48M-72.41M
Cash From (used in) Discontinued Operations65.11M-------
Other Adjustments Net-4.93M2.78M-2.62M--2.89M-11.17M
Net Cash from (used by) Operating Activities
18.43M-38.62M-33.75M27.53M-17.04M-13.51M-4.38M2.2M
Increase (Decrease) in Prop Plant And Equipment-80.31M-25.12M-9.33M--1.62M--2.24M-11.06M
Acquisition Disposition of Subsidiaires--0.88M-3.19M--5.14M-
Increase (Decrease) in Investments--------0.08M
Other Cash Inflow (Outflow) from Investment Activities-76.03M-12.86M-20.79M38.56M25.92M-2.71M-9.79M-28.87M
Net Cash from (used by) Investment Activities
-156.35M-38.88M-30.13M42.15M24.29M-1.73M-6.89M-40.02M
Issuance (Purchase) of Equity Shares----1.49M-0.98M--0.73M-
Issuance (Repayment) of Debt Securities4.87M61.45M47.33M-60.88M-12.44M7.36M11.27M-6.98M
Increase (Decrease) in Bank & Other Borrowings38.72M-------
Payment of Dividends & Other Cash Distributions--------
Other Cash from (used by) Financing Activities58.8M5.17M3.34M---0.98M--4M
Net Cash from (used by) Financing Activities
102.4M66.63M50.67M-62.37M-13.43M6.38M10.54M-11.15M
Effect of Exchange Rate Changes on Cash11.61M2.17M2.5M-8.02M-3.03M-5.45M1.37M-12.82M
Net Change in Cash & Cash Equivalents
-23.9M-8.7M-10.7M-0.7M-9.21M-14.32M--61.8M
Cash & Equivalents at Beginning of Year38.04M86.77M93.28M379.03M290.7M106.8M112.33M53.13M
Cash & Equivalents at Year End13.42M28.63M26.63M37.33M28.83M23.72M38.68M38.04M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Renesola stock comparison chart provides an easy way to compare the stock price with peers along with details of Renesola stock price history.
The statement of cash flows can be categorized into the following main sections:

  • Net Change in Cash and Cash Equivalents: A positive net change in cash and cash equivalents shows that Renesola is able to meet its expenditure and grow cash at hand which demonstrates the financial strength of the company's balance sheet. Also see - Renesola stock price movement.
  • 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 $18.43M for SOL.
  • 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 $-156.35M for SOL till last quarter 2017 Q4 report.
  • Cash flow from financing activities shows the flow of cash between Renesola and its owners and creditors and was $102.4M till 2017 Q4. Financing activities allow a company to raise capital, and repay bondholders.

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