The Gabelli Global Utility & Income Trust (GLU) Cash Flow Statement
Where GLU’s cash came from and went, 2021
December 31, 2021 · U.S. dollars- Cash from operations
- $101,036
- Capital expenditures
- $0 0.0% of revenue
- Free cash flow
- $101,036 0.6% margin
- Returned to shareholders
- —
- Change in cash
- −$667 cash at year-end $6,669
Drawn to scale: where the cash came from and how it was used. Hover for values.
GLU operating cash flow, capex and free cash flow
GLU cash flow trends, 2015–2021
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | $02015 | $101,0362021 | — | |
| Capital expenditures | $02015 | $02021 | — | |
| Free cash flow | $02015 | $101,0362021 | — | |
| Free cash flow margin | 0.0%2015 | 0.6%2021 | +0.6 pts | |
| Operating cash flow / net income | 0.002016 | 0.012021 | +0.01 | |
| Dividends paid | $02015 | $02018 | — | |
| Share buybacks (net) | $02015 | $02018 | — | |
| Capex / revenue | 0.0%2015 | 0.0%2021 | 0.0 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
GLU cash flow by activity
GLU net income vs operating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
GLU cash flow statement
| 2021 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|
| Operating activities | |||||
| Net income | $17.3M | −$7.2M | $17.6M | $7.8M | −$3.3M |
| Depreciation & amortization | $50,518 | $0 | $0 | $0 | $0 |
| Other non-cash items | −$17.2M | $7.2M | −$17.6M | −$7.8M | $3.3M |
| Cash from operating activities | $101,036 | $0 | $0 | $0 | $0 |
| Investing activities | |||||
| Capital expenditures | $0 | $0 | $0 | $0 | $0 |
| Investments (net) | — | $0 | $0 | $0 | $0 |
| Acquisitions & other investing | — | $0 | $0 | $0 | $0 |
| Cash from investing activities | — | $0 | $0 | $0 | $0 |
| Financing activities | |||||
| Dividends paid | — | $0 | $0 | $0 | $0 |
| Share repurchases & issuance (net) | — | $0 | $0 | $0 | $0 |
| Net borrowing (repayment) | — | $0 | $0 | $0 | $0 |
| Shares issued | $0 | $0 | $0 | $0 | $0 |
| Other financing | — | $0 | $0 | $0 | $0 |
| Cash from financing activities | — | $0 | $0 | $0 | $0 |
| Summary | |||||
| Net change in cash | −$667 | $0 | $0 | $0 | $0 |
| Cash at end of period | $6,669 | $4,941 | — | — | — |
| Free cash flow | $101,036 | $0 | $0 | $0 | $0 |
| Free cash flow margin | 0.6% | — | 0.0% | 0.0% | 0.0% |
| Capex / revenue | 0.0% | — | 0.0% | 0.0% | 0.0% |
| Operating cash flow / net income | 0.01 | — | 0.00 | 0.00 | — |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported; data from EODHD.
GLU cash generation
In fiscal 2021 (ended December 31, 2021), Gabelli Global Utility & Income generated $0.1 million of cash from operations and spent $0 on capital expenditures, leaving free cash flow of $0.1 million, 0.6% of revenue. Cash and equivalents fell by $0.0 million over the year.
Related: GLU income statement, GLU balance sheet, GLU dividend history. See the GLU stock overview for the latest quote and news.
GLU cash flow FAQ
What is Gabelli Global Utility & Income's free cash flow?
Gabelli Global Utility & Income's free cash flow was $0.1 million in fiscal 2021: $0.1 million of operating cash flow minus $0 of capital expenditures It was $0 a year earlier..
How much cash does Gabelli Global Utility & Income generate from operations?
Gabelli Global Utility & Income generated $0.1 million of cash from operating activities in fiscal 2021, 0.01 times its net income of $17.3 million.