Investors Title Co (Investors Title Co) Cash Flow from Operations

: $7.4 Mil (TTM As of Dec. 2023)

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Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

For the three months ended in Dec. 2023, Investors Title Co's Net Income From Continuing Operations was $5.8 Mil. Its Depreciation, Depletion and Amortization was $1.1 Mil. Its Change In Working Capital was $12.3 Mil. Its cash flow from deferred tax was $-0.2 Mil. Its Cash from Discontinued Operating Activities was $0.0 Mil. Its Asset Impairment Charge was $0.0 Mil. Its Stock Based Compensation was $0.1 Mil. And its Cash Flow from Others was $-5.0 Mil. In all, Investors Title Co's Cash Flow from Operations for the three months ended in Dec. 2023 was $14.1 Mil.

Investors Title Co Cash Flow from Operations Historical Data

The historical data trend for Investors Title Co's Cash Flow from Operations can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Investors Title Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash Flow from Operations

20.92

34.10

51.93

36.20

7.43

Investors Title Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash Flow from Operations																15.90	-13.09	5.67	0.70	14.15

Investors Title Co Cash Flow from Operations Calculation

Investors Title Co's Cash Flow from Operations for the fiscal year that ended in Dec. 2023 is calculated as:

	Cash Flow from Operations		(A: Dec. 2023 )
=	Net Income From Continuing Operations	+	Depreciation, Depletion and Amortization	+	Change In Working Capital	+	Deferred Tax
=	21.686	+	4.121	+	-3.971	+	-4.234
+	Cash from Discontinued Operating Activities	+	Asset Impairment Charge	+	Stock Based Compensation	+	Cash Flow from Others
+	0	+	0	+	0.43	+	-10.606
=	7.4

Investors Title Co's Cash Flow from Operations for the quarter that ended in Dec. 2023 is:

	Cash Flow from Operations		(Q: Dec. 2023 )
=	Net Income From Continuing Operations	+	Depreciation, Depletion and Amortization	+	Change In Working Capital	+	Deferred Tax
=	5.836	+	1.134	+	12.28	+	-0.213
+	Cash from Discontinued Operating Activities	+	Asset Impairment Charge	+	Stock Based Compensation	+	Cash Flow from Others
+	0	+	0	+	0.09	+	-4.978
=	14.1

Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.4 Mil.

Investors Title Co (NAS:ITIC) Cash Flow from Operations Explanation

For companies reported in indirect method, cash flow from operations contains six items:

1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Investors Title Co's net income from continuing operations for the three months ended in Dec. 2023 was $5.8 Mil.

2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
The term depreciation is used when discussing man made tangible assets
The term depletion is used when discussing natural tangible assets
The term amortization is used when discussing intangible assets

Investors Title Co's depreciation, depletion and amortization for the three months ended in Dec. 2023 was $1.1 Mil.

3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.

Investors Title Co's change in working capital for the three months ended in Dec. 2023 was $12.3 Mil. It means Investors Title Co's working capital increased by $12.3 Mil from Sep. 2023 to Dec. 2023 .

4. Deferred Tax:
It is the cash flow generated from deferred tax.

Investors Title Co's cash flow from deferred tax for the three months ended in Dec. 2023 was $-0.2 Mil.

5. Cash from Discontinued Operating Activities:
Net cash from all of the entity's discontinued operating activities.

Investors Title Co's cash from discontinued operating Activities for the three months ended in Dec. 2023 was $0.0 Mil.

6. Asset Impairment Charge:
It is the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value.

Investors Title Co's asset impairment charge for the three months ended in Dec. 2023 was $0.0 Mil.

7. Stock Based Compensation:
It is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.

Investors Title Co's stock based compensation for the three months ended in Dec. 2023 was $0.1 Mil.

8. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).

Investors Title Co's cash flow from others for the three months ended in Dec. 2023 was $-5.0 Mil.

Investors Title Co Cash Flow from Operations Related Terms

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Investors Title Co (Investors Title Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Investors Title Co (NAS:ITIC) » Definitions » Cash Flow from Operations

Comparable Companies

Traded in Other Exchanges

N/A

Address

121 North Columbia Street, Chapel Hill, NC, USA, 27514

Website

https://www.invtitle.com

Investors Title Co along with its subsidiaries is engaged in the issuance of residential and commercial title insurance through ITIC and NITIC. It also provides tax-deferred real property exchange services, investment management, and trust services, and management services to title insurance agencies. The company generates its revenue from interest and dividends.

Executives

James E Scott	director	121 NORTH COLUMBIA STREET, CHAPEL HILL NC 27514
Parker, Jr. Elton C.	director	121 N COLUMBIA STREET, P O DRAWER 2687, CHAPEL HILL NC 27514
Tammy Coley	director	121 N COLUMBIA STREET, P O DRAWER 2687, CHAPEL HILL NC 27514
Fine James A Jr	director, officer: President, Treasurer
Markel Gayner Asset Management Corp	10 percent owner	4521 HIGHWOODS PKWY, GLEN ALLEN VA 23060
Timothy B Murphy	officer: Chief Executive Officer	230 BROADWAY, LYNNFIELD MA 01940
Markel Corp	10 percent owner	4521 HIGHWOODS PKWY, GLEN ALLEN VA 23060
Markel American Insurance Co	10 percent owner	4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Essex Insurance Co	10 percent owner
Evanston Insurance Co	10 percent owner
R Horace Johnson	director	3317 LANDOR ROAD, RALEIGH NC 27609
Speed James H. Jr.	director	11032 BRASS KETTLE ROAD, RALEIGH NC 27614
Hutson Richard M Ii	director	PO BOX 2687, CHAPEL HILL NC 27515
W Morris Fine	director, officer: Executive Vice President
J Allen Fine	director, 10 percent owner, officer: Chief Executive Officer	121 NORTH COLUMBIA ST, INVESTORS TITLE CO, CHAPEL HILL NC 97514