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

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$12.65 $0.05 (0.4%) SSBI stock closing price Sep 22, 2017 (Closing)

The Summit State Bank 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 State Bank 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 State Bank 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 State Bank purchased $8.48M worth of SSBI shares. The cash flow statement helps in the Summit State Bank stock analysis by providing more information for evaluating changes in assets, liabilities and equities. View details of Summit State Bank cash flows for latest & last 10 financial years

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Fiscal year is Jan - Dec.200920082007
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-3.74M16.04M
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.

Summit State Bank stock comparison chart provides an easy way to compare the stock price with peers along with details of Summit State Bank stock price history. Apart from the Summit State Bank 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.
  • 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. Sometimes a company might have a negative overall cash flow which may not be really bad if it is due to investment expenses. Hence it is important to check the cash flow from investment activities.
  • Inflow of cash in the form of bank loans and shareholders equity, and outflow of cash because of dividend payments, share repurchase payments etc. come under financing activities.
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    Key Financial Ratios For Summit State Bank Cash Flow