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.
Zoro Mining Cash Flow from Operations Historical Data
The historical data trend for Zoro Mining'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.
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.
Zoro Mining's Cash Flow from Operations for the fiscal year that ended in Apr. 2012 is calculated as:
For stock reported annually, GuruFocus uses latest annual data as the TTM data. Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2012 was $-1.57 Mil.
* 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.
Zoro Mining (OTCPK:ZORM) 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.
Zoro Mining's net income from continuing operations for the
six
months ended in Apr. 2012 was $-4.09 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
Zoro Mining's depreciation, depletion and amortization for the
six
months ended in Apr. 2012 was $0.06 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.
Zoro Mining's change in working capital for the
six
months ended in Apr. 2012 was $1.98 Mil. It means Zoro Mining's working capital
increased by $1.98 Mil
from Apr. 2011 to Apr. 2012 .
4. Deferred Tax:
It is the cash flow generated from deferred tax.
Zoro Mining's cash flow from deferred tax for the
six
months ended in Apr. 2012 was $0.00 Mil.
Zoro Mining's cash from discontinued operating Activities for the
six
months ended in Apr. 2012 was $0.00 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.
Zoro Mining's asset impairment charge for the
six
months ended in Apr. 2012 was $0.00 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.
Zoro Mining's stock based compensation for the
six
months ended in Apr. 2012 was $0.49 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).
Zoro Mining's cash flow from others for the
six
months ended in Apr. 2012 was $-0.00 Mil.
Zoro Mining Cash Flow from Operations Related Terms
Thank you for viewing the detailed overview of Zoro Mining's Cash Flow from Operations provided by GuruFocus.com. Please click on the following links to see related term pages.
Zoro Mining Corp was incorporated under the laws of the State of Nevada on April 20, 2004 under the name 'Rockdale Mining Corp'. Effective March 19, 2007, it merged with a wholly-owned subsidiary, Zoro Mining Corp., pursuant to Articles of merger filed with the Nevada Secretary of State. The merger was in the form of a parent/subsidiary merger with Rochdale Mining Corp. as the surviving corporation. Upon completion of the merger, its corporate name was changed to 'Zoro Mining Corp.' and its Articles of Incorporation were amended to reflect this name change. It is a natural resource exploration company currently engaged in the exploration, acquisition and development of property located in South America and Mexico. It plans to conduct exploration programs on its properties with the objective of ascertaining whether any of its properties contain economic concentrations of minerals that are prospective for mining. The Company currently has interests in an aggregate of approximately 27,294 net acres located in Chile, approximately 4,940 net acres in Peru, and a further 6,822 gross acres located in Mexico, targeting gold, copper and platinum. It operates in a highly competitive industry, competing with other mining and exploration mineral companies, and institutional and individual investors, which are actively seeking metal and mineral based exploration properties throughout the world together with the equipment, labor and materials required to exploit such properties. The Company's mineral exploration activities are, or would be, subject to extensive foreign laws and regulations governing prospecting, development, production, exports, taxes, labor standards, occupational health, waste disposal, protection and remediation of the environment, protection of endangered and protected species, mine safety, toxic substances and other matters.
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