Liberty Tax Cash Flow - Annual (NASDAQ:TAX)

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$8.4 $0.05 (0.6%) TAX stock closing price Jul 18, 2018 (Closing)

The Liberty Tax cash flow statement helps investors understand how well the company is managing its cash flows. The profit-loss statement shows Liberty Tax profits, the balance sheet shows Liberty Tax debt, and the cash flow statement reflects the liquidity and solvency of a firm. This statement reflects the company's ability to generate cash flows. Liberty Tax saw a cash impact of $-0.42M from the buyback of TAX shares. The cash flow statement helps in the Liberty Tax stock analysis by providing more information for evaluating changes in assets, liabilities and equities. The cash from operating activities for Liberty Tax is $ 2017, which saw an increase from previous year.

View details of Liberty Tax cash flows for latest & last 10 financial years
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Fiscal year is May - Apr20172016201520142013201220112010
Net Income Cash Flow
Depreciation Depletion Amortization Cash-Flow14.88M10.5M18.83M9.61M6.83M6.97M5.69M6.58M
Net Increase (Decrease) in Assets Liabilities-6.42M-15.86M-7.66M2.42M-10.77M-14.26M-3.14M-6.19M
Cash From (used in) Discontinued Operations--------
Other Adjustments Net10.97M15.76M4.65M9.46M14.75M10.32M7.55M6.64M
Net Cash from (used by) Operating Activities
Increase (Decrease) in Prop Plant And Equipment-5.02M-10.69M-11.46M-9.09M-11.92M-10.28M-7.05M-5.51M
Acquisition Disposition of Subsidiaires--------
Increase (Decrease) in Investments5.04M-4.99M-5.16M-2.98M-1M-14.85M
Other Cash Inflow (Outflow) from Investment Activities-13.28M-13.61M-9.14M-10.11M-8.73M-9.64M-6.85M-7.69M
Net Cash from (used by) Investment Activities
Issuance (Purchase) of Equity Shares-0.42M--24.32M--2.65M-3.51M-8.99M-6.94M
Issuance (Repayment) of Debt Securities-3.08M-4.17M-5.85M-3.39M-2.95M22.88M-2.28M-12.72M
Increase (Decrease) in Bank & Other Borrowings--------
Payment of Dividends & Other Cash Distributions-8.89M-8.85M-2.2M-----
Other Cash from (used by) Financing Activities--3.88M--0.01M-0.66M--
Net Cash from (used by) Financing Activities
Effect of Exchange Rate Changes on Cash-0.3M-0.17M-0.1M-0.15M-0.01M-0.01M-0.11M-0.4M
Net Change in Cash & Cash Equivalents
Cash & Equivalents at Beginning of Year9.9M21.38M46.08M19.01M19.84M1.66M2.11M1.93M
Cash & Equivalents at Year End16.42M9.9M21.38M46.08M19.01M19.84M1.66M2.11M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Liberty Tax stock comparison chart provides an easy way to compare the stock price with peers along with details of Liberty Tax stock price history.
The statement of cash flows can be categorized into three main sections:

  • Liberty Tax has cash of $16.42M 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 Liberty Tax stock price.
  • Cash Flow from operating activities: Liberty Tax reported a positive operating cash flow of $32.44M for 2017 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.
  • Growth companies, typically most tech companies; spend heavily on investing activities and this figure stood at $-13.25M for TAX stock. 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.
  • 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. Liberty Tax spent $-12.36M from financing activities, in the form of repayment of loans or interest paid, dividend pay-out to shareholders etc.

Key Financial Ratios For Liberty Tax Cash Flow