Summit State Bank Cash Flow - Annual (NASDAQ:SSBI)

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$12.96 $0.04 (0.35%) SSBI stock closing price Jul 19, 2017 (Closing)

The financial analysis of SSBI requires an investor to check the cash flows for Summit State Bank. Financials statements like the income statement and balance sheet show that the company has Summit State Bank profits and Summit State Bank debt, while the cash flow statement provides details of cash flow movments. Summit State Bank cash flow analysis tells whether or not the company has enough cash for its day to day activities, and for investing for future growth. View details of Summit State Bank cash flows for latest & last ten financial years.

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Fiscal year is Jan - Dec. 2009 2008 2007
Summit State Bank Net Income Cash Flow
-1M1.94M
Depreciation Depletion Amortization Cash-Flow-0.89M0.82M
Net Increase (Decrease) in Assets Liabilities--0.88M0.04M
Cash From (used in) Discontinued Operations---
Other Adjustments Net-4.64M0.83M
Summit State Bank Net Cash from (used by) Operating Activities
-5.66M3.64M
Increase (Decrease) in Prop Plant And Equipment--0.25M-1.14M
Acquisition Disposition of Subsidiaires---
Increase (Decrease) in Investments--37.9M-25.78M
Other Cash Inflow (Outflow) from Investment Activities--0.91M
Summit State Bank Net Cash from (used by) Invesment Activities
--38.15M-26M
Issuance (Purchase) of Equity Shares-8.48M-0.62M
Issuance (Repayment) of Debt Securities-12.82M19.4M
Increase (Decrease) in Bank & Other Borrowings---8.51M
Payment of Dividends & Other Cash Distributions--1.7M-1.74M
Other Cash from (used by) Financing Activities
Summit State Bank Net Cash from (used by) Financing Activities
-23.33M24.56M
Effect of Exchange Rate Changes on Cash---
Summit State Bank Net Change in Cash & Cash Equivalents
--9.15M2.19M
Cash & Equivalents at Beginning of Year-12.8M10.6M
Cash & Equivalents at Year End-3.65M12.8M
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 State Bank stock price history and Summit State Bank stock comparison chart inevitably reflect its cash flow situation. 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 Summit State Bank 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.
  • Summit State Bank decreased its cash from operating activities to $5.66M in 2009. Operating activities include production of goods or creating a product or providing a service, and collecting payment for the same from customers. The cash generated from these activities is refered to as cash flow from operating activities.
  • 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. Financing activities allow a company to raise capital, and repay bondholders.
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