Shake Shack Inc. (NYSE:SHAK)

Stock Price: $55.49

+1.07 (1.97%)

Updated Mar 31, 2023 08:00 PM GMT+0000

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Overview

Financials

Statistics

Profile

Chart

Market Cap	2.18B
Revenue	0.90B
Gross Profit	638.90M
Shares Out	39.32M
EPS (ttm)	-0.614
PE Ratio	-88.8130
Forward PE	0.0000
Dividend Rate (ttm)	0.0000
Dividend Yield	0.0000

Trading Day	Mar 31
Last Price	$55.49
Previous Close	$54.42
Change ($)	1.07
Change (%)	1.97%
Day's Open	54.89
Day's Range	54.65 - 56.28
Day's Volume	652.94K
52 Week Range	37.72 - 70.82

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About Shake Shack Inc.

Shake Shack is a modern day 'roadside' burger stand serving a classic American menu of premium burgers, chicken sandwiches, hot dogs, crinkle cut fries, shakes, frozen custard, beer and wine. With its fresh, simple, high-quality food at a great value, Shake Shack is a fun and lively community gathering place with widespread appeal.

Shake Shack's mission is to Stand for Something Good®, from its premium ingredients and caring hiring practices to its inspiring designs and deep community investment. Since the original Shack opened in 2004 in NYC's Madison Square Park, the Company has expanded to approximately 310 locations in 30 U.S.

States and the District of Columbia, including more than 105 international locations including London, Hong Kong, Shanghai, Singapore, Philippines, Mexico, Istanbul, Dubai, Tokyo, Seoul and more.

News

Pro recommends buying Shake Shack stock despite soft guidance January 10, 2023

Shake Shack CEO: 2022 will be our ‘biggest growth year ever’ January 11, 2022

Should you buy Chipotle, Shake Shack stock as CDC gives green light to ditch masks? May 17, 2021

Shake Shack CEO Randy Garutti expresses big plans for Asia April 15, 2021

Quick info

Country

United States

Industry

Full-Service Restaurants

Sector

Accommodation and Food Services

Employees

9,695

CEO

Randall Garutti

Address

225 Varick St Rm 301
New York
New York
10014-5816

Phone

16467477200

Website

www.shakeshack.com

Ticker Symbol

SHAK

Exchange

New York Stock Exchange

Reporting Currency

USD

Shake Shack Inc. income statements (2022) (USD)

	August 2022	August 2022	May 2022	February 2022
Total Revenue	230.75M	230.75M	203.39M	739.89M
Cost of Revenue	65.99M	65.99M	59.88M	218.26M
Gross Profit	164.77M	164.77M	143.51M	521.63M
Research & Development	0	0	0	0
Selling General & Admin	45.73M	45.73M	47.60M	145.22M
Operating Expense	231.04M	231.04M	217.75M	754.11M
Operating Income	-291K	-291K	-14.36M	-14.22M
Other Income Expense Net	0	0	0	0
EBIT	-291K	-291K	-14.36M	-14.22M
Interest Income	315K	315K	355K	1.58M
Pretax Income	-596K	-596K	-15.58M	-17.34M
Income Tax	707K	707K	-4.3M	-7.22M
Minority Interest	-115K	-115K	-1.12M	-1.46M
Net Income	-1.19M	-1.19M	-10.16M	-8.66M
Net Income Basic	-1.19M	-1.19M	-10.16M	-8.66M

Shake Shack Inc. income statements (2021) (USD)

	November 2021	November 2021	August 2021	May 2021	February 2021
Total Revenue	193.90M	193.90M	187.46M	155.28M	522.87M
Cost of Revenue	57.93M	57.93M	54.92M	44.63M	153.34M
Gross Profit	135.97M	135.97M	132.54M	110.65M	369.53M
Research & Development	0	0	0	0	0
Selling General & Admin	35.14M	35.14M	35.24M	33.48M	115.84M
Operating Expense	196.01M	196.01M	183.80M	164.93M	556.59M
Operating Income	-2.11M	-2.11M	3.67M	-9.65M	-33.73M
Other Income Expense Net	0	0	0	0	0
EBIT	-2.11M	-2.11M	3.67M	-9.65M	-33.73M
Interest Income	350K	350K	359K	515K	815K
Pretax Income	-2.98M	-2.98M	3.06M	-10.51M	-45.48M
Income Tax	-576K	-576K	0.99M	-11.08M	57K
Minority Interest	-224K	-224K	121K	-734K	-3.38M
Net Income	-2.18M	-2.18M	1.94M	1.31M	-42.16M
Net Income Basic	-2.18M	-2.18M	1.94M	1.31M	-42.16M

Shake Shack Inc. income statements (2020) (USD)

	October 2020	September 2020	June 2020	March 2020
Total Revenue	130.40M	130.40M	91.79M	143.17M
Cost of Revenue	37.90M	120.47M	100.04M	123.70M
Gross Profit	92.50M	9.93M	-8.26M	19.48M
Research & Development	0	N.A	N.A	N.A
Selling General & Admin	28.06M	N.A	N.A	N.A
Operating Expense	136.80M	134.98M	113.69M	139.63M
Operating Income	-6.4M	-4.57M	-21.91M	3.54M
Other Income Expense Net	0	-2.33M	-2.22M	-4.54M
EBIT	-6.4M	-4.57M	-21.91M	3.54M
Interest Income	143K	143K	442K	112K
Pretax Income	-6.91M	-6.91M	-24.12M	-0.99M
Income Tax	-797K	-797K	-6.09M	87K
Minority Interest	-551K	-551K	-1.82M	-119K
Net Income	-5.56M	-5.56M	-16.21M	-0.96M
Net Income Basic	-5.56M	-5.56M	-16.21M	-0.96M

Shake Shack Inc. income statements (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Total Revenue	151.44M	157.76M	152.71M	132.61M
Cost of Revenue	127.45M	127.83M	121.52M	110.52M
Gross Profit	23.99M	29.94M	31.19M	22.09M
Research & Development	N.A	N.A	N.A	N.A
Selling General & Admin	N.A	N.A	N.A	N.A
Operating Expense	146.47M	144.81M	136.92M	124.45M
Operating Income	4.97M	12.95M	15.80M	8.16M
Other Income Expense Net	-3.61M	-4.68M	-3.58M	-2.5M
EBIT	4.97M	12.95M	15.80M	8.16M
Interest Income	132K	133K	97K	72K
Pretax Income	1.36M	8.28M	12.22M	5.65M
Income Tax	3.43M	-3.14M	1.05M	2.05M
Minority Interest	20K	1.08M	2.14M	1.06M
Net Income	-2.09M	10.34M	9.03M	2.55M
Net Income Basic	-2.09M	10.34M	9.03M	2.55M

Shake Shack Inc. income statements (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Total Revenue	124.27M	119.65M	116.28M	99.12M
Cost of Revenue	101.63M	93.42M	88.06M	78.57M
Gross Profit	22.63M	26.23M	28.22M	20.54M
Research & Development	N.A	N.A	N.A	N.A
Selling General & Admin	N.A	13.15M	12.59M	11.81M
Operating Expense	116.81M	106.57M	100.65M	90.38M
Operating Income	7.46M	13.08M	15.64M	8.73M
Other Income Expense Net	-4.82M	-3.89M	-2.82M	-2.56M
EBIT	7.46M	13.08M	15.64M	8.73M
Interest Income	645K	592K	613K	565K
Pretax Income	2.64M	9.19M	12.81M	6.18M
Income Tax	3.18M	2.24M	2.24M	1.20M
Minority Interest	410K	1.92M	2.97M	1.47M
Net Income	-0.96M	5.03M	7.60M	3.51M
Net Income Basic	-0.96M	5.03M	7.60M	3.51M

Shake Shack Inc. income statements (2017) (USD)

	December 2017	September 2017	June 2017
Total Revenue	96.14M	94.61M	91.32M
Cost of Revenue	75.71M	71.92M	67.93M
Gross Profit	20.42M	22.69M	23.39M
Research & Development	N.A	N.A	N.A
Selling General & Admin	N.A	11.87M	11.55M
Operating Expense	87.37M	83.80M	79.48M
Operating Income	8.77M	10.81M	11.84M
Other Income Expense Net	124.07M	-450K	-268K
EBIT	8.77M	10.81M	11.84M
Interest Income	499K	475K	366K
Pretax Income	132.84M	10.36M	11.57M
Income Tax	145.82M	2.49M	3.39M
Minority Interest	1.43M	2.87M	3.31M
Net Income	-14.41M	5M	4.88M
Net Income Basic	-14.41M	5M	4.88M

Shake Shack Inc. balance sheet (2022) (USD)

	August 2022	August 2022	May 2022	February 2022
Current Cash	357.96M	357.96M	358.93M	382.41M
Receivables	11.94M	11.94M	11.76M	13.66M
Inventory	3.96M	3.96M	3.78M	3.85M
Current Assets	387.58M	387.58M	386.62M	409.68M
Other Current Assets	13.73M	13.73M	12.16M	9.76M
Short Term Investments	13.73M	13.73M	12.16M	9.76M
Long Term Investments	1.09B	1.09B	1.06B	1.05B
Property/Plant Equipment	411.02M	411.02M	398.97M	389.39M
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	0	0	0	0
Tangible Assets (Net)	402.77M	402.77M	400.42M	409.54M
Other Assets	14.74M	14.74M	13.85M	12.56M
Total Assets	1.48B	1.48B	1.45B	1.46B
Accounts Payable	16.42M	16.42M	13.40M	19.95M
Other Current Liabilities	114.76M	114.76M	109.87M	98.84M
Total Current Liabilities	133.91M	133.91M	125.96M	121.50M
Total Liabilities	1.08B	1.08B	1.05B	1.05B
Long Term Debt	248.03M	248.03M	248.05M	247.85M
Current Long Term Debt	2.73M	2.73M	2.70M	2.71M
Minority Interest	24.87M	24.87M	24.84M	26.06M
Common Stock	39.23M	39.23M	39.16M	39.09M
Treasury Stock	0	0	0	0
Retained Earnings	-7.8M	-7.8M	-6.61M	3.55M
Capital Surplus	N.A	N.A	N.A	N.A
Shareholder Equity	402.77M	402.77M	400.42M	409.54M
Other Liabilities	N.A	N.A	N.A	N.A

Shake Shack Inc. balance sheet (2021) (USD)

	November 2021	August 2021	May 2021	February 2021
Current Cash	401.50M	420.21M	415.91M	183.76M
Receivables	11.31M	11.70M	8.84M	9.46M
Inventory	3.53M	3.56M	2.73M	2.89M
Current Assets	419.18M	438.16M	435.29M	203.19M
Other Current Assets	2.84M	2.69M	7.81M	7.07M
Short Term Investments	2.84M	2.69M	7.81M	7.07M
Long Term Investments	1.02B	0.99B	0.97B	0.94B
Property/Plant Equipment	370.02M	356.20M	348.58M	336.54M
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	0	0	0	0
Tangible Assets (Net)	416.86M	417.07M	413.93M	407.32M
Other Assets	11.40M	11.63M	11.79M	12.30M
Total Assets	1.44B	1.43B	1.41B	1.15B
Accounts Payable	17.84M	26.29M	24.31M	23.49M
Other Current Liabilities	97.87M	95.65M	92M	84.22M
Total Current Liabilities	118.26M	124.49M	118.75M	109.71M
Total Liabilities	1.02B	1.02B	0.99B	738.03M
Long Term Debt	247.26M	247.14M	246.93M	3.59M
Current Long Term Debt	2.55M	2.55M	2.45M	2M
Minority Interest	26.42M	26.46M	26.02M	27.17M
Common Stock	39.14M	39.11M	38.95M	37.13M
Treasury Stock	0	0	0	0
Retained Earnings	13.28M	15.46M	13.52M	12.21M
Capital Surplus	N.A	N.A	N.A	N.A
Shareholder Equity	416.86M	417.07M	413.93M	407.32M
Other Liabilities	N.A	N.A	N.A	N.A

Shake Shack Inc. balance sheet (2020) (USD)

	October 2020	September 2020	June 2020	March 2020
Current Cash	191.76M	174.88M	173.98M	87.81M
Receivables	7.73M	N.A	8.29M	6.82M
Inventory	2.38M	N.A	2.35M	2.05M
Current Assets	204.51M	N.A	204.08M	115.41M
Other Current Assets	2.64M	N.A	2.62M	2.32M
Short Term Investments	2.64M	16.88M	16.83M	16.42M
Long Term Investments	0.93B	N.A	N.A	N.A
Property/Plant Equipment	326.53M	N.A	620.76M	631.26M
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	0	N.A	N.A	N.A
Tangible Assets (Net)	417.69M	446.76M	421.58M	300.42M
Other Assets	12.04M	N.A	12.21M	12.06M
Total Assets	1.14B	1.14B	1.12B	1.04B
Accounts Payable	22.35M	N.A	20.74M	15.33M
Other Current Liabilities	80.17M	N.A	37.05M	42.43M
Total Current Liabilities	104.27M	N.A	96.67M	102.83M
Total Liabilities	719.51M	N.A	672.65M	717.40M
Long Term Debt	3.49M	N.A	336.31M	375.96M
Current Long Term Debt	1.74M	N.A	1.80M	1.88M
Minority Interest	29.07M	-551K	-1.82M	-119K
Common Stock	386.05M	N.A	38.24M	34.52M
Treasury Stock	0	N.A	N.A	N.A
Retained Earnings	31.64M	N.A	37.20M	53.41M
Capital Surplus	N.A	N.A	384.34M	246.97M
Shareholder Equity	417.69M	446.76M	421.58M	300.42M
Other Liabilities	N.A	N.A	N.A	N.A

Shake Shack Inc. balance sheet (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Current Cash	37.10M	44.51M	29.73M	31.90M
Receivables	7.93M	15.09M	13.66M	8.86M
Inventory	2.22M	1.78M	1.69M	1.63M
Current Assets	87.68M	99.44M	86.87M	92.36M
Other Current Assets	1.88M	1.72M	5.70M	2.31M
Short Term Investments	36.51M	36.34M	36.08M	47.66M
Long Term Investments	N.A	N.A	N.A	N.A
Property/Plant Equipment	589.29M	584.33M	543.86M	504.57M
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	1.44M	N.A	N.A	N.A
Tangible Assets (Net)	298.82M	290.62M	255.02M	236.44M
Other Assets	10.05M	10.65M	9.39M	7.01M
Total Assets	0.97B	0.96B	898.24M	846.97M
Accounts Payable	14.30M	15.87M	3.83M	12.66M
Other Current Liabilities	53.22M	51.87M	49.22M	42.42M
Total Current Liabilities	99.39M	95.97M	79.01M	79.18M
Total Liabilities	650.82M	644.98M	597.57M	561.23M
Long Term Debt	308.56M	319.47M	295.82M	272.05M
Current Long Term Debt	1.87M	1.80M	1.83M	1.82M
Minority Interest	20K	1.08M	2.14M	1.06M
Common Stock	34.42M	33.65M	30.56M	29.70M
Treasury Stock	N.A	N.A	N.A	N.A
Retained Earnings	54.37M	56.46M	46.12M	37.09M
Capital Surplus	244.41M	234.12M	208.87M	199.32M
Shareholder Equity	298.82M	290.62M	255.02M	236.44M
Other Liabilities	N.A	N.A	N.A	N.A

Shake Shack Inc. balance sheet (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Current Cash	24.75M	29.30M	30.88M	26.62M
Receivables	9.56M	9.33M	7.11M	5.03M
Inventory	1.75M	1.38M	1.24M	1.18M
Current Assets	101.12M	103.92M	102.10M	95.65M
Other Current Assets	1.95M	2.12M	1.47M	1.69M
Short Term Investments	62.11M	61.80M	61.40M	61.13M
Long Term Investments	N.A	N.A	N.A	N.A
Property/Plant Equipment	261.85M	241.70M	216.76M	199.88M
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	1.16M	N.A	N.A	N.A
Tangible Assets (Net)	226.08M	224.16M	204.02M	182.14M
Other Assets	3.87M	3.68M	3.84M	4.15M
Total Assets	611.97M	592.32M	536.74M	500.29M
Accounts Payable	12.47M	9.65M	8.34M	6.74M
Other Current Liabilities	47.48M	39.15M	30.46M	23.89M
Total Current Liabilities	59.95M	48.80M	38.80M	33.46M
Total Liabilities	338.51M	320.74M	280.29M	267.16M
Long Term Debt	20.85M	19.87M	18.34M	17.03M
Current Long Term Debt	N.A	N.A	N.A	N.A
Minority Interest	410K	1.92M	2.97M	1.47M
Common Stock	29.52M	29.37M	28.11M	27.63M
Treasury Stock	N.A	N.A	N.A	N.A
Retained Earnings	30.40M	31.36M	26.34M	18.73M
Capital Surplus	195.63M	192.76M	177.65M	163.37M
Shareholder Equity	226.08M	224.16M	204.02M	182.14M
Other Liabilities	N.A	N.A	N.A	N.A

Shake Shack Inc. balance sheet (2017) (USD)

	December 2017	September 2017	June 2017
Current Cash	21.51M	26.89M	22.44M
Receivables	5.10M	5.14M	5.08M
Inventory	1.26M	1.13M	0.97M
Current Assets	93.20M	98.51M	93.18M
Other Current Assets	1.76M	2.06M	1.59M
Short Term Investments	63.04M	63.30M	63.11M
Long Term Investments	N.A	2.47M	2.54M
Property/Plant Equipment	187.10M	174.69M	160.38M
Good Will	N.A	N.A	N.A
Intangible Assets	894K	N.A	N.A
Tangible Assets (Net)	169.49M	176.82M	168.99M
Other Assets	3.50M	2.05M	2.14M
Total Assets	471.28M	599.94M	578.26M
Accounts Payable	8.21M	8.64M	9.48M
Other Current Liabilities	24M	26.59M	22.02M
Total Current Liabilities	34.02M	36.76M	33.11M
Total Liabilities	246.80M	368.16M	357.26M
Long Term Debt	14.52M	13.16M	11.17M
Current Long Term Debt	N.A	N.A	N.A
Minority Interest	1.43M	2.87M	3.31M
Common Stock	26.53M	26.16M	25.94M
Treasury Stock	N.A	N.A	N.A
Retained Earnings	16.40M	28.86M	23.87M
Capital Surplus	153.11M	147.89M	145.10M
Shareholder Equity	169.49M	176.82M	168.99M
Other Liabilities	N.A	N.A	N.A

Shake Shack Inc. cash flow (2022) (USD)

	November 2022	August 2022	August 2022	May 2022	February 2022
Net Income	-2.02M	-1.19M	7.14M	2.12M	-9.73M
Depreciation	19.04M	18.44M	3.62M	3.60M	15.92M
Changes in Receivables	11.80M	11.94M	15.43M	14.05M	13.66M
Changes in Inventories	4M	3.96M	2.25M	2.36M	3.85M
Cash Change	337.01M	357.96M	34.31M	25.45M	382.41M
Cash Flow	19.17M	27.19M	14.13M	-2.31M	14.66M
Capital Expenditures	-39.53M	-27.29M	-5.06M	-3.77M	-32.64M
Investments	N.A	N.A	N.A	N.A	N.A
Investing Activity (other)	N.A	N.A	N.A	N.A	N.A
Total Investing Cash Flows	-39.76M	-27.4M	-5.06M	-3.77M	-32.72M
Dividends Paid	N.A	N.A	N.A	N.A	N.A
Net Borrowings	-100.8M	-120.92M	4.01M	11.80M	-141.61M
Other Financing Cash Flows	N.A	N.A	N.A	N.A	N.A
Cash Flow Financing	-747K	-709K	-206K	1.48M	-0.96M
Exchange Rate Effect	N.A	N.A	N.A	N.A	N.A

Shake Shack Inc. cash flow (2021) (USD)

	November 2021	November 2021	February 2021
Net Income	10.16M	10.16M	-19.43M
Depreciation	3.69M	3.69M	14.01M
Changes in Receivables	11.51M	11.51M	9.46M
Changes in Inventories	2.13M	2.13M	2.89M
Cash Change	24.67M	24.67M	183.76M
Cash Flow	15.71M	15.71M	8.85M
Capital Expenditures	-3.87M	-3.87M	-22.04M
Investments	N.A	N.A	N.A
Investing Activity (other)	N.A	N.A	N.A
Total Investing Cash Flows	-3.87M	-3.87M	-42.08M
Dividends Paid	N.A	N.A	N.A
Net Borrowings	14.18M	14.18M	-185.25M
Other Financing Cash Flows	N.A	N.A	N.A
Cash Flow Financing	208K	208K	5.22M
Exchange Rate Effect	N.A	N.A	N.A

Shake Shack Inc. cash flow (2020) (USD)

	October 2020	June 2020	March 2020
Net Income	-5.56M	-16.21M	-0.96M
Depreciation	36.23M	12.46M	12.03M
Changes in Receivables	-562K	-1.47M	1.11M
Changes in Inventories	37K	-431K	306K
Cash Change	0.95M	86.18M	50.71M
Cash Flow	28.50M	14.40M	16.24M
Capital Expenditures	-47M	-18.48M	-19.16M
Investments	N.A	-76K	19.81M
Investing Activity (other)	N.A	N.A	N.A
Total Investing Cash Flows	-27.32M	-18.55M	649K
Dividends Paid	N.A	N.A	N.A
Net Borrowings	-189.17M	-54.49M	40.63M
Other Financing Cash Flows	N.A	-883K	-7.84M
Cash Flow Financing	136.60M	90.33M	33.82M
Exchange Rate Effect	N.A	N.A	N.A

Shake Shack Inc. cash flow (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Net Income	-2.09M	10.34M	9.03M	2.55M
Depreciation	11.36M	10.58M	888K	17.88M
Changes in Receivables	7.17M	-1.43M	-4.8M	694K
Changes in Inventories	-439K	-90K	-66K	123K
Cash Change	-7.41M	14.77M	-2.16M	7.15M
Cash Flow	27.19M	63.80M	18.69M	17.20M
Capital Expenditures	-25.6M	-24.91M	-31.01M	-24.99M
Investments	-209K	-255K	11.67M	14.61M
Investing Activity (other)	N.A	N.A	N.A	N.A
Total Investing Cash Flows	-25.81M	-25.16M	-19.34M	-10.37M
Dividends Paid	N.A	N.A	N.A	N.A
Net Borrowings	-10.87M	-27.45M	-573K	-339K
Other Financing Cash Flows	-27K	-74K	-2.92M	-791K
Cash Flow Financing	-8.78M	-23.87M	-1.52M	322K
Exchange Rate Effect	N.A	N.A	N.A	N.A

Shake Shack Inc. cash flow (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Net Income	-0.96M	5.03M	7.60M	3.51M
Depreciation	8.10M	7.44M	6.97M	6.50M
Changes in Receivables	-231K	-2.22M	-2.08M	67K
Changes in Inventories	-371K	-140K	-63K	83K
Cash Change	-4.55M	-1.58M	4.26M	5.12M
Cash Flow	22.61M	21.91M	21.74M	19.13M
Capital Expenditures	-27.38M	-23.78M	-18.65M	-17.72M
Investments	-313K	-340K	-293K	1.87M
Investing Activity (other)	N.A	N.A	N.A	N.A
Total Investing Cash Flows	-27.69M	-24.12M	-18.94M	-15.85M
Dividends Paid	N.A	N.A	N.A	N.A
Net Borrowings	229K	59K	-50K	442K
Other Financing Cash Flows	890K	-0.97M	-587K	-83K
Cash Flow Financing	539K	625K	1.45M	1.84M
Exchange Rate Effect	N.A	N.A	N.A	N.A

Shake Shack Inc. cash flow (2017) (USD)

	December 2017	September 2017	June 2017
Net Income	-14.41M	5M	4.88M
Depreciation	6.09M	5.60M	5.26M
Changes in Receivables	39K	-61K	-34K
Changes in Inventories	-131K	-159K	-65K
Cash Change	-5.38M	4.45M	6.73M
Cash Flow	16.91M	20.24M	24.05M
Capital Expenditures	-20.35M	-16.19M	-11.85M
Investments	-134K	89K	-5.2M
Investing Activity (other)	N.A	N.A	N.A
Total Investing Cash Flows	-20.49M	-16.1M	-17.05M
Dividends Paid	N.A	N.A	N.A
Net Borrowings	541K	-53K	172K
Other Financing Cash Flows	-3.36M	-13K	-2.34M
Cash Flow Financing	-1.8M	314K	-277K
Exchange Rate Effect	N.A	N.A	N.A