Veritec Cash Flow - Annual (OTCBB:VRTC)

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$0.04 $0 (0%) VRTC stock closing price Jun 15, 2018 (Closing)

The financial analysis of VRTC requires an investor to check the cash flows for Veritec. The profit-loss statement shows Veritec profits, the balance sheet shows Veritec 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. 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 Veritec stock analysis. Veritec generated $-1.03M cash from operating activities in 2017. The cash from operating activities for Veritec is $ 2017, which saw a decrease from previous year.

View details of Veritec cash flows for latest & last 10 financial years
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Quarterly
Annual
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Fiscal year is Jul - Jun2017201620152014201320122011201020092008
Net Income Cash Flow
-1.36M-1.29M-0.9M--0.82M-0.84M-0.99M-1.72M-1.65M-0.76M
Depreciation Depletion Amortization Cash-Flow----------
Net Increase (Decrease) in Assets Liabilities-0.3M-0.45M--0.21M------0.09M
Cash From (used in) Discontinued Operations----------
Other Adjustments Net----------
Net Cash from (used by) Operating Activities
-1.03M-0.81M-0.19M---0.47M-0.09M-0.96M-1.02M-0.68M
Increase (Decrease) in Prop Plant And Equipment---------0.05M-0.02M
Acquisition Disposition of Subsidiaires----------
Increase (Decrease) in Investments----------
Other Cash Inflow (Outflow) from Investment Activities------0.01M-0.06M-0.01M-0.11M-
Net Cash from (used by) Investment Activities
------0.01M-0.06M-0.01M-0.16M-
Issuance (Purchase) of Equity Shares----------
Issuance (Repayment) of Debt Securities1.01M---0.34M-0.08M-----
Increase (Decrease) in Bank & Other Borrowings----------
Payment of Dividends & Other Cash Distributions----------
Other Cash from (used by) Financing Activities----------
Net Cash from (used by) Financing Activities
1.01M---0.34M-0.08M-----
Effect of Exchange Rate Changes on Cash----------
Net Change in Cash & Cash Equivalents
-0.01M---0.05M---0.01M-0.01M-0.28M-0.45M
Cash & Equivalents at Beginning of Year----------
Cash & Equivalents at Year End----------
All figures in USD. M: Millions of USD, B: Billions of USD.
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Veritec stock price history provides insight into historical stock price fluctuations, and Veritec stock comparison chart enables peer comparison. Some of the key terms used in the statement of cash flows are:

  • Veritec saw a positive change in Net Change in Cash and Cash Equivalents of $-0.01M in 2017. Apart from the Veritec 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.
  • 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 $-1.03M for VRTC.
  • Growth companies, typically most tech companies; spend heavily on investing activities and this figure stood at $- for VRTC 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: The cash inflow/outflow from financing activities was $1.01M for Veritec. The money accounted for under this head comes from external sources which includes lenders, investors and shareholders. Positive cash flow is generated when the company gets cash because of issuance of stocks or bonds. Similarly negative cash flow is generated when shares are repurchased, dividend payments are made, and loans or interest on loans are paid back.

Key Financial Ratios For Veritec Cash Flow