Liberty Tax Cash Flow - Quarterly (NASDAQ:TAX)

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$10.48 $0.07 (0.66%) TAX stock closing price May 22, 2018 (Closing)

The cash flow statement is one of the reports a publicly traded company like Liberty Tax needs to disclose. 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 stock analysis shows negative net income cash flow of $-9.75M till 2018 Q1. This statement is important because profits alone cannot pay employees, or bills. Cash is required. Liberty Tax has a negative cash and cash equivalents change of $-10.17M.

View and download details of Liberty Tax cash flows for latest & last 40 quarters
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Quarterly
Annual
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Fiscal year is May - Apr2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q2
Net Income Cash Flow
-9.75M13.01M-16.31M-18.77M-9.43M19.42M-12.87M-17.6M
Depreciation Depletion Amortization Cash-Flow2.19M14.88M6.33M3.82M2.01M10.5M5.62M3.5M
Net Increase (Decrease) in Assets Liabilities-8.35M-6.42M-60.42M-31.05M-17.06M-15.86M-73.75M-32.67M
Cash From (used in) Discontinued Operations--------
Other Adjustments Net1.39M10.97M8.36M6.99M2.56M15.76M12.72M9.45M
Net Cash from (used by) Operating Activities
-14.52M32.44M-62.04M-39M-21.92M29.81M-68.28M-37.31M
Increase (Decrease) in Prop Plant And Equipment-1.11M-5.02M-4.3M-3.09M-1.55M-10.69M-8.68M-5.46M
Acquisition Disposition of Subsidiaires--------
Increase (Decrease) in Investments-5.04M5.04M5.04M5.04M-4.99M-4.99M-
Other Cash Inflow (Outflow) from Investment Activities-10M-13.28M-66.45M-26.78M-11.48M-13.61M-79.14M-23.78M
Net Cash from (used by) Investment Activities
-11.11M-13.25M-65.7M-24.83M-7.99M-29.31M-92.83M-29.24M
Issuance (Purchase) of Equity Shares--0.42M-0.41M-0.03M----1.36M
Issuance (Repayment) of Debt Securities17.32M-3.08M129.7M63.46M27.56M-4.17M149.95M56.99M
Increase (Decrease) in Bank & Other Borrowings---1.2M-1.15M-0.42M--2.42M-2.31M
Payment of Dividends & Other Cash Distributions-2.33M-8.89M-6.67M-4.44M-2.22M-8.85M-6.62M-4.41M
Other Cash from (used by) Financing Activities--------
Net Cash from (used by) Financing Activities
14.98M-12.36M121.43M57.88M24.98M-11.81M141.85M49.42M
Effect of Exchange Rate Changes on Cash--0.3M-0.13M-0.2M-0.08M-0.17M-0.33M-0.28M
Net Change in Cash & Cash Equivalents
-10.17M6.52M-6.44M-6.16M-5.02M-11.48M-19.6M-17.42M
Cash & Equivalents at Beginning of Year46.08M19.01M19.84M1.66M2.11M1.93M--
Cash & Equivalents at Year End6.25M16.42M3.45M3.73M4.88M9.9M1.78M3.96M
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 the following main sections:

  • Liberty Tax has cash of $6.25M 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: Operating activities include the core business activities. This line item refers to the cash generated from the same and stood at a negative value of $-14.52M for TAX.
  • Cash from investing stood at a negative value of $-11.11M for TAX stock. A company with surplus cash usually thinks of re-investing it in the form of buying fixed assests, or purchasing plant/ machinery which will help grow the business further. By looking at cash flow from investment activities one can check where the company is putting its cash.
  • 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. The cash generated from these activities was $14.98M for Liberty Tax.

Key Financial Ratios For Liberty Tax Cash Flow