Olympic Steel Cash Flow - Quarterly (NASDAQ:ZEUS)

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$20.99 $0.01 (0.05%) ZEUS stock closing price Aug 17, 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 $-61.88M cash from operating activities in till this quarter of 2018 Q2. Olympic Steel saw a outflow of $-35.62M from investing activities till 2018 Q2.

View and download details of Olympic Steel cash flows for latest & last 40 quarters
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Net Income Cash Flow
23.48M7.62M18.96M14.77M12.49M7.69M-1.07M1.02M2.78M-0.76M
Depreciation Depletion Amortization Cash-Flow8.89M4.35M18.58M13.87M9.53M4.76M19.4M14.58M9.96M4.96M
Net Increase (Decrease) in Assets Liabilities-95.42M-56.47M-48.64M-76.19M-61.32M-38.82M-28.29M-25.53M-2.27M-1.98M
Cash From (used in) Discontinued Operations----------
Other Adjustments Net1.17M1.03M-7.94M-------
Net Cash from (used by) Operating Activities
-61.88M-43.45M-19.04M-46.64M-38.48M-25.69M-9.81M-9.68M10.53M2.84M
Increase (Decrease) in Prop Plant And Equipment-13.72M-7.69M-9.16M-5.65M-4.38M-1.98M-6.44M-5.17M-3.43M-1.23M
Acquisition Disposition of Subsidiaires-21.91M---------
Increase (Decrease) in Investments----------
Other Cash Inflow (Outflow) from Investment Activities----------
Net Cash from (used by) Investment Activities
-35.62M-7.69M-9.16M-5.65M-4.38M-1.98M-6.44M-5.17M-3.43M-1.23M
Issuance (Purchase) of Equity Shares----------
Issuance (Repayment) of Debt Securities-0.93M-0.93M-0.89M-0.89M-0.89M--0.86M-0.86M-0.86M-
Increase (Decrease) in Bank & Other Borrowings101.44M52.71M31.63M55.8M46.12M28.37M18.79M17.71M-3.31M-0.58M
Payment of Dividends & Other Cash Distributions-0.44M-0.22M-0.87M-0.65M-0.43M-0.21M-0.87M-0.65M-0.43M-0.21M
Other Cash from (used by) Financing Activities-0.07M-0.01M-0.96M-0.12M-0.12M--0.13M-0.12M-0.12M-
Net Cash from (used by) Financing Activities
100M51.55M28.9M54.14M44.67M28.16M16.97M16.1M-4.71M-0.78M
Effect of Exchange Rate Changes on Cash----------
Net Change in Cash & Cash Equivalents
2.49M--1.84M1.81M--1.24M2.38M-
Cash & Equivalents at Beginning of Year3.01M2.31M1.6M2.23M3.18M7.78M7.4M1.49M5.19M-
Cash & Equivalents at Year End5.5M3.41M3M4.15M4.12M2.8M2.31M2.84M3.99M2.43M
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 saw a positive change in Net Change in Cash and Cash Equivalents of $2.49M till 2018 Q2. Apart from the Olympic Steel 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 $-61.88M for ZEUS.
  • Cash Flow from investment activities: Olympic Steel used $-35.62M cash due to investment activities. It includes the use of cash outside of normal day to day activities like buying fixed assets, plant and machinery etc.
  • Cash Flow from financing activities: The cash inflow/outflow from financing activities was $100M 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