Worldgate Communications Cash Flow - Annual (OTCMKTS:WGATQ)

Add to My Stocks
$0 $0 (0%) WGATQ stock closing price Jul 07, 2014 (Closing)

The cash flow statement is one of the reports a publicly traded company like Worldgate Communications needs to disclose. While its important to look at the Worldgate Communications 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 Worldgate Communications 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. The cash flow statement is essetial while conducting the Worldgate Communications cash flow analysis and can be used to measure the operating performance of Worldgate Communications compared to various industry peers like BOGN stock and EPIHY stock. WGATQ increase in investments stood at a negative value of $-0.36M for the latest 2010. View details of Worldgate Communications cash flows for latest & last ten financial years.

show more
Fiscal year is Jan - Dec. 2010 2009 2008 2007
Worldgate Communications Net Income Cash Flow
-12.72M-6.33M-9.28M-14.73M
Depreciation Depletion Amortization Cash-Flow1.26M3.22M2.47M4.72M
Net Increase (Decrease) in Assets Liabilities6.89M-4.26M5.22M-1.25M
Cash From (used in) Discontinued Operations----
Other Adjustments Net2.02M1.85M0.92M0.88M
Worldgate Communications Net Cash from (used by) Operating Activities
-2.53M-5.52M-0.65M-10.37M
Increase (Decrease) in Prop Plant And Equipment-0.36M-0.52M--0.13M
Acquisition Disposition of Subsidiaires----
Increase (Decrease) in Investments----
Other Cash Inflow (Outflow) from Investment Activities---0.5M
Worldgate Communications Net Cash from (used by) Invesment Activities
-0.36M-0.52M-0.36M
Issuance (Purchase) of Equity Shares0.17M4.02M-1.02M
Issuance (Repayment) of Debt Securities----
Increase (Decrease) in Bank & Other Borrowings3.02M2.17M--
Payment of Dividends & Other Cash Distributions----
Other Cash from (used by) Financing Activities
Worldgate Communications Net Cash from (used by) Financing Activities
3.19M6.19M-1.02M
Effect of Exchange Rate Changes on Cash----
Worldgate Communications Net Change in Cash & Cash Equivalents
0.3M0.14M-0.65M-8.98M
Cash & Equivalents at Beginning of Year0.57M0.42M1.08M10.06M
Cash & Equivalents at Year End0.87M0.57M0.42M1.08M
All figures in USD. M: Millions of USD, B: Billions of USD.
Get Cash flow for another ticker

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 Worldgate Communications stock price history and Worldgate Communications stock comparison chart inevitably reflect its cash flow situation.
  • Worldgate Communications had a Net Change in Cash and Cash Equivalents of $0.3M for the latest year 2010. 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 Worldgate Communications 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.
  • Cash Flow from operating activities: Worldgate Communications reported a negative operating cash flow of $-2.53M for 2010 and has seen an increase from the previous year. Operating cash flow or working capital comes from main business activities. Investors look for positive cash flow from recurring operating activities.
  • Cash from investing stood at a positive value of $-0.36M for WGATQ 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.
  • Cash Flow from financing activities: The cash inflow/outflow from financing activities was $3.19M for Worldgate Communications. 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.
.