Olympic Steel Cash Flow - Annual (NASDAQ:ZEUS)

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$21.34 $0.35 (1.67%) ZEUS stock closing price Aug 20, 2018 (Closing)

The financial analysis of ZEUS requires an investor to check the cash flows for Olympic Steel. While its important to look at the Olympic Steel 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 Olympic Steel 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. 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 Olympic Steel stock analysis. Olympic Steel generated $-19.04M cash from operating activities in 2017. ZEUS decrease in investments stood at a value of $-9.16M for the latest year 2017.

View details of Olympic Steel cash flows for latest & last 10 financial years
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Net Income Cash Flow
18.96M-1.07M-26.77M-19.06M7.64M2.27M24.97M2.13M-61.22M67.7M
Depreciation Depletion Amortization Cash-Flow18.58M19.4M44.82M45.67M23.58M28.73M16.73M13.87M12.22M9.73M
Net Increase (Decrease) in Assets Liabilities-48.64M-28.29M87.66M-68.51M24.02M-4.09M-37.47M-61.61M118.22M-70M
Cash From (used in) Discontinued Operations----------
Other Adjustments Net-7.94M-1.77M2.32M-0.57M-11.61M5.17M-1.82M-1.18M
Net Cash from (used by) Operating Activities
-19.04M-9.81M107.48M-39.58M54.68M27.35M15.84M-40.43M67.39M6.23M
Increase (Decrease) in Prop Plant And Equipment-9.16M-6.44M-7.31M-7.76M-16.07M-22.88M-39.45M-17.76M-11.84M-32.94M
Acquisition Disposition of Subsidiaires-------148.75M---
Increase (Decrease) in Investments----------
Other Cash Inflow (Outflow) from Investment Activities------1.88M---
Net Cash from (used by) Investment Activities
-9.16M-6.44M-7.31M-7.76M-16.07M-22.88M-186.33M-17.76M-11.84M-32.94M
Issuance (Purchase) of Equity Shares---0.66M------2.9M
Issuance (Repayment) of Debt Securities-0.89M-0.86M-0.84M-49.66M-10.94M-9.67M642.76M---
Increase (Decrease) in Bank & Other Borrowings31.63M18.79M-98.28M98.01M-31.5M7.16M-461.3M55.23M-50.26M29.8M
Payment of Dividends & Other Cash Distributions-0.87M-0.87M-0.87M-0.87M-0.87M-0.87M-0.87M-0.87M-1.19M-12.81M
Other Cash from (used by) Financing Activities-0.96M-0.13M-0.12M-1.21M--1.21M-4.22M---
Net Cash from (used by) Financing Activities
28.9M16.97M-100.8M46.4M-43.19M-4.08M176.4M54.5M-51.24M19.88M
Effect of Exchange Rate Changes on Cash----------
Net Change in Cash & Cash Equivalents
---0.63M-0.94M-4.59M-5.91M-3.69M4.29M-6.81M
Cash & Equivalents at Beginning of Year2.31M1.6M2.23M3.18M7.78M7.4M1.49M5.19M-7.7M
Cash & Equivalents at Year End3M2.31M1.6M2.23M3.18M7.78M7.4M1.49M5.19M-
All figures in USD. M: Millions of USD, B: Billions of USD.
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While Olympic Steel stock price history provides the price history of a stock, Olympic Steel stock comparison chart shows the same in comparison to peers, and cash flow statements provide cash position of the company. Common terms used in the statement of cash flows are:

  • Olympic Steel had a Net Change in Cash and Cash Equivalents of $- for the latest year 2017. 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 Olympic Steel 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.
  • The cash generated from the core business or operations was a negative at $-19.04M for Olympic Steel in the latest 2017. For an internet company, this would include all those activities which are involved in eventually selling advertisement space on its website or any online service.
  • Cash Flow from investment activities: This includes buying/selling of land and equipment, acquisitions and mergers, sell-off, investment in other companies like buying bonds, stocks etc., and was $-9.16M for ZEUS in last 2017 report.
  • Cash Flow from financing activities: The cash inflow/outflow from financing activities was $28.9M for Olympic Steel. 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 Olympic Steel Cash Flow