NWE
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Price to Earnings | 14.61 | 15.80 |
| Price to Sales | 2.16 | 2.16 |
| Book Value Per Common Share | 139.81 | 136.43 |
| Price to Book | 0.38 | 0.37 |
| Price to Operating Cash Flow | 6.65 | 5.81 |
| Price to Free Cash Flow | ||
| Enterprise Value to EBITDA | 22004.25 | 51110.31 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 |
|---|---|---|---|---|---|---|---|---|---|
| Price to Earnings | 26.40 | 32.06 | 46.30 | 24.45 | 31.70 | 48.05 | 25.98 | ||
| Price to Sales | 3.01 | 3.89 | 7.61 | 3.07 | 3.86 | 6.56 | 2.71 | ||
| Book Value Per Common Share | 46.90 | 46.91 | 47.19 | 139.81 | 45.94 | 45.80 | 45.90 | 136.43 | 44.75 |
| Price to Book | 1.25 | 1.09 | 1.23 | 0.38 | 1.25 | 1.09 | 1.11 | 0.37 | 1.07 |
| Price to Operating Cash Flow | 10.63 | 14.88 | 23.14 | 10.20 | 13.70 | 19.30 | 6.76 | ||
| Price to Free Cash Flow | |||||||||
| Enterprise Value to EBITDA | 34251.09 | 44790.73 | 92155.29 | 83165.85 | 106660.04 | 191330.71 | 79986.54 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Earning YoY | 13.66 | |
| Revenue YoY | 6.45 | |
| EBITDA YoY | 144.29 | |
| Net Profit YoY | 15.44 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 |
|---|---|---|---|---|---|---|---|---|---|
| Earning YoY | 38.75 | 28.00 | 48.10 | 49.06 | -42.70 | ||||
| Revenue YoY | 47.81 | 73.44 | 43.40 | 67.31 | -55.41 | ||||
| EBITDA YoY | 49.44 | 82.43 | -37.54 | 46.55 | 76.44 | -55.67 | |||
| Net Profit YoY | 45.71 | 27.82 | 48.40 | 48.63 | -44.06 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Cash Per Common Share | 0.49 | 0.42 |
| Quick Ratio | 0.24 | 0.44 |
| Current Ratio | 0.46 | 0.76 |
| Debt to Equity | 0.93 | 0.37 |
| Long-Term Debt to Equity | 0.77 | 0.33 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 |
|---|---|---|---|---|---|---|---|---|---|
| Cash Per Common Share | 0.10 | 0.05 | 0.91 | 0.49 | 0.04 | 0.10 | 0.07 | 0.41 | 0.08 |
| Quick Ratio | 0.24 | 0.29 | 0.61 | 0.24 | 0.18 | 0.22 | 0.43 | 0.44 | 0.27 |
| Current Ratio | 0.65 | 0.75 | 1.19 | 0.46 | 0.45 | 0.52 | 0.89 | 0.76 | 0.63 |
| Debt to Equity | 1.88 | 1.83 | 1.80 | 0.93 | 1.79 | 1.75 | 1.71 | 0.37 | 1.71 |
| Long-Term Debt to Equity | 1.64 | 1.64 | 1.66 | 0.77 | 1.50 | 1.50 | 1.56 | 0.33 | 1.50 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 |
|---|---|---|
| ROA | 2.04 | 1.08 |
| ROE | 3.92 | 1.47 |
| Gross Margin | ||
| Operating Margin | 53.31 | 28.09 |
| EBITDA Margin | 98.42 | 42.89 |
| Net Profit Margin | 14.80 | 13.65 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 |
|---|---|---|---|---|---|---|---|---|---|
| ROA | 1.79 | 1.25 | 0.99 | 1.83 | 1.25 | 0.85 | 1.57 | ||
| ROE | 5.16 | 3.54 | 2.76 | 5.10 | 3.45 | 2.31 | 4.25 | ||
| Gross Margin | |||||||||
| Operating Margin | 40.79 | 40.63 | 42.48 | 22.03 | 21.90 | 22.38 | 19.72 | ||
| EBITDA Margin | 87.84 | 86.88 | 82.60 | 36.99 | 36.19 | 34.32 | 34.52 | ||
| Net Profit Margin | 12.42 | 12.60 | 17.10 | 12.59 | 12.16 | 13.69 | 10.91 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Dividend Yield | ||
| Dividend Payout Ratio |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | |||||||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Assets | 11,010,778.00 | 17,990,557.00 |
| Current Assets | 420,601.00 | 407,272.00 |
| Cash and Short-Term Investments | 29,743.00 | 25,246.00 |
| Cash and Cash Equivalents | 29,743.00 | 25,246.00 |
| Short-Term Investments | 0 | 0 |
| Net Receivables | 189,453.00 | 212,464.00 |
| Inventory | 122,940.00 | 114,539.00 |
| Other Current Assets | 78,465.00 | 55,023.00 |
| Non-Current Assets | 10,590,177.00 | 17,583,285.00 |
| Property, Plant, Equipment Net | 6,398,275.00 | 6,039,801.00 |
| Goodwill | 357,586.00 | 357,586.00 |
| Intangible Assets | 0 | 0 |
| Long-Term Investments | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 |
| Other Non-Current Assets | 3,834,316.00 | 11,185,898.00 |
| Liabilities | 5,295,378.00 | 4,819,277.00 |
| Current Liabilities | 904,963.00 | 534,898.00 |
| Payables and Expenses | 369,156.00 | 370,507.00 |
| Account Payables | 114,536.00 | 124,340.00 |
| Current Accrued Liabilities | 254,620.00 | 246,167.00 |
| Short-Term Debt | 603,546.00 | 103,288.00 |
| Other Current Liabilities | -67,739.00 | 61,103.00 |
| Non-Current Liabilities | 4,390,415.00 | 4,284,379.00 |
| Long-Term Debt | 2,734,109.00 | 2,690,096.00 |
| Other Non-Current Liabilities | 1,656,306.00 | 1,594,283.00 |
| Equity | 5,715,400.00 | 13,171,280.00 |
| Shareholders Equity | 8,573,100.00 | 8,355,942.00 |
| Capital Stock | 648.00 | 648.00 |
| Share Premium | 2,084,133.00 | 2,078,753.00 |
| Retained Earnings | 877,017.00 | 811,495.00 |
| Treasury Shares | 97,394.00 | 97,926.00 |
| Accumulated Other Comprehensive Income | -13,408.00 | -15,312.00 |
| Minority Interest | 0 | 0 |
| Debt | 3,337,655.00 | 2,793,384.00 |
| Net Debt | 3,307,912.00 | 2,768,138.00 |
| Common Shares Outstanding | 61,320.81 | 61,248.80 |
| Breakdown | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Revenues | 1,513,900.00 | 1,422,143.00 |
| Selling, General and Administrative Expenses | 630,136.00 | 541,087.00 |
| Operating Income | 322,187.00 | 600,679.00 |
| Net Non-Operating Income | 94,530.00 | -315,868.00 |
| Interest Expense | 390,336.00 | 114,617.00 |
| EBT | 416,717.00 | 284,811.00 |
| Income Tax | 5,647.00 | 7,539.00 |
| Net Income | 224,111.00 | 194,131.00 |
| EBIT | 807,053.00 | 399,428.00 |
| Deprecation and Amortization | 682,905.00 | 210,474.00 |
| EBITDA | 1,489,958.00 | 609,902.00 |
| EPS | 0.00 | 0.00 |
| Diluted EPS | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 61,293.00 | 60,321.00 |
| Average Shares Outstanding Diluted | 61,374.21 | 60,357.79 |
| Breakdown | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Operating Cash Flow | 492,582.00 | 528,065.00 |
| Operating Net Income | 1,106,645.00 | 665,534.00 |
| Deprecation and Amortization | 682,905.00 | 210,474.00 |
| Deferred Income Tax | -27,557.00 | 6,584.00 |
| Share Based Compensation | 4,771.00 | 5,176.00 |
| Change in Working Capital | 11,704.00 | -121,099.00 |
| Other Operating Activities | -1,285,886.00 | -238,604.00 |
| Investing Cash Flow | -619,240.00 | -570,812.00 |
| Capital Expenditure | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 549,244.00 | 566,889.00 |
| Net Purchase/Sale of Investments Net | 5,219.00 | 3,923.00 |
| Net Purchase/Sale of Business | 0 | 0 |
| Other Investing Activities | -1,173,703.00 | -1,141,624.00 |
| Financing Cash Flow | 131,155.00 | 45,530.00 |
| Net Issuance/Repayment of Debt | 547,000.00 | 168,000.00 |
| Net Issuance/Repurchase of Equity | 1,192.00 | 75,033.00 |
| Dividends Paid | 158,589.00 | 193,052.00 |
| Other Financing Activities | -575,626.00 | -390,555.00 |
| Net Change in Cash | 4,497.00 | 2,783.00 |
| Cash at Beginning of Period | 24,520.00 | 22,404.00 |
| Cash at End of Period | 29,017.00 | 25,187.00 |
| Free Cash Flow | 0 | 0 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 |
|---|---|---|---|---|---|---|---|---|---|
| Assets | 8,298,732.00 | 8,135,967.00 | 8,101,411.00 | 11,010,778.00 | 7,854,074.00 | 7,713,819.00 | 7,633,434.00 | 17,990,557.00 | 7,429,499.00 |
| Current Assets | 443,896.00 | 403,080.00 | 472,827.00 | 420,601.00 | 368,420.00 | 364,045.00 | 396,836.00 | 407,272.00 | 358,354.00 |
| Cash and Short-Term Investments | 6,203.00 | 2,936.00 | 56,025.00 | 29,743.00 | 2,527.00 | 6,398.00 | 4,150.00 | 25,246.00 | 5,091.00 |
| Cash and Cash Equivalents | 6,203.00 | 2,936.00 | 56,025.00 | 29,743.00 | 2,527.00 | 6,398.00 | 4,150.00 | 25,246.00 | 5,091.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 159,063.00 | 154,923.00 | 187,489.00 | 189,453.00 | 144,186.00 | 149,500.00 | 186,927.00 | 212,464.00 | 148,043.00 |
| Inventory | 135,002.00 | 125,398.00 | 119,606.00 | 122,940.00 | 121,568.00 | 114,956.00 | 103,843.00 | 114,539.00 | 119,080.00 |
| Other Current Assets | 143,628.00 | 119,823.00 | 109,707.00 | 78,465.00 | 100,139.00 | 93,191.00 | 101,916.00 | 55,023.00 | 86,140.00 |
| Non-Current Assets | 7,854,836.00 | 7,732,887.00 | 7,628,584.00 | 10,590,177.00 | 7,485,654.00 | 7,349,774.00 | 7,236,598.00 | 17,583,285.00 | 7,071,145.00 |
| Property, Plant, Equipment Net | 6,661,515.00 | 6,531,509.00 | 6,428,850.00 | 6,398,275.00 | 6,304,721.00 | 6,193,234.00 | 6,086,585.00 | 6,039,801.00 | 5,932,179.00 |
| Goodwill | 378,229.00 | 357,586.00 | 357,586.00 | 357,586.00 | 357,586.00 | 357,586.00 | 357,586.00 | 357,586.00 | 357,586.00 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 815,092.00 | 843,792.00 | 842,148.00 | 3,834,316.00 | 823,347.00 | 798,954.00 | 792,427.00 | 11,185,898.00 | 781,380.00 |
| Liabilities | 5,418,758.00 | 5,256,291.00 | 5,205,043.00 | 5,295,378.00 | 5,037,612.00 | 4,906,562.00 | 4,820,416.00 | 4,819,277.00 | 4,689,085.00 |
| Current Liabilities | 684,570.00 | 537,432.00 | 397,638.00 | 904,963.00 | 813,266.00 | 699,810.00 | 444,684.00 | 534,898.00 | 569,514.00 |
| Payables and Expenses | 397,494.00 | 345,676.00 | 368,049.00 | 369,156.00 | 379,818.00 | 335,258.00 | 394,846.00 | 370,507.00 | 434,606.00 |
| Account Payables | 93,536.00 | 93,744.00 | 88,453.00 | 114,536.00 | 93,748.00 | 91,258.00 | 96,544.00 | 124,340.00 | 119,315.00 |
| Current Accrued Liabilities | 303,958.00 | 251,932.00 | 279,596.00 | 254,620.00 | 286,070.00 | 244,000.00 | 298,302.00 | 246,167.00 | 315,291.00 |
| Short-Term Debt | 257,749.00 | 163,695.00 | 3,663.00 | 603,546.00 | 503,447.00 | 428,388.00 | 3,400.00 | 103,288.00 | 103,175.00 |
| Other Current Liabilities | 29,327.00 | 28,061.00 | 25,926.00 | -67,739.00 | -69,999.00 | -63,836.00 | 46,438.00 | 61,103.00 | 31,733.00 |
| Non-Current Liabilities | 4,734,188.00 | 4,718,859.00 | 4,807,405.00 | 4,390,415.00 | 4,224,346.00 | 4,206,752.00 | 4,375,732.00 | 4,284,379.00 | 4,119,571.00 |
| Long-Term Debt | 3,044,194.00 | 3,029,611.00 | 3,131,528.00 | 2,734,109.00 | 2,570,738.00 | 2,573,283.00 | 2,771,703.00 | 2,690,096.00 | 2,550,849.00 |
| Other Non-Current Liabilities | 1,689,994.00 | 1,689,248.00 | 1,675,877.00 | 1,656,306.00 | 1,653,608.00 | 1,633,469.00 | 1,604,029.00 | 1,594,283.00 | 1,568,722.00 |
| Equity | 2,879,974.00 | 2,879,676.00 | 2,896,368.00 | 5,715,400.00 | 2,816,462.00 | 2,807,257.00 | 2,813,018.00 | 13,171,280.00 | 2,740,414.00 |
| Shareholders Equity | 2,879,974.00 | 2,879,676.00 | 2,896,368.00 | 8,573,100.00 | 2,816,462.00 | 2,807,257.00 | 2,813,018.00 | 8,355,942.00 | 2,740,414.00 |
| Capital Stock | 649.00 | 649.00 | 649.00 | 648.00 | 648.00 | 648.00 | 648.00 | 648.00 | 648.00 |
| Share Premium | 2,090,767.00 | 2,088,674.00 | 2,086,594.00 | 2,084,133.00 | 2,084,560.00 | 2,082,857.00 | 2,080,953.00 | 2,078,753.00 | 2,078,554.00 |
| Retained Earnings | 892,403.00 | 894,531.00 | 913,650.00 | 877,017.00 | 836,129.00 | 828,960.00 | 836,951.00 | 811,495.00 | 767,355.00 |
| Treasury Shares | 97,484.00 | 97,705.00 | 97,935.00 | 97,394.00 | 97,557.00 | 97,776.00 | 97,990.00 | 97,926.00 | 98,122.00 |
| Accumulated Other Comprehensive Income | -12,722.00 | -12,946.00 | -13,180.00 | -13,408.00 | -14,636.00 | -14,864.00 | -15,088.00 | -15,312.00 | -16,042.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 3,301,943.00 | 3,193,306.00 | 3,135,191.00 | 3,337,655.00 | 3,074,185.00 | 3,001,671.00 | 2,775,103.00 | 2,793,384.00 | 2,654,024.00 |
| Net Debt | 3,295,740.00 | 3,190,370.00 | 3,079,166.00 | 3,307,912.00 | 3,071,658.00 | 2,995,273.00 | 2,770,953.00 | 2,768,138.00 | 2,648,933.00 |
| Common Shares Outstanding | 61,401.19 | 61,387.12 | 61,373.41 | 61,320.81 | 61,308.01 | 61,299.48 | 61,282.75 | 61,248.80 | 61,241.78 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,196,300.00 | 809,343.00 | 466,630.00 | -897,174.00 | 1,140,432.00 | 795,300.00 | 475,342.00 | 1,066,134.00 |
| Selling, General and Administrative Expenses | 121,832.00 | 75,130.00 | 41,357.00 | 411,315.00 | 106,650.00 | 71,726.00 | 40,445.00 | 94,058.00 |
| Operating Income | 265,794.00 | 185,513.00 | 124,727.00 | -175,210.00 | 231,625.00 | 163,692.00 | 102,080.00 | 197,292.00 |
| Net Non-Operating Income | -102,017.00 | -68,759.00 | -32,583.00 | 250,221.00 | -76,656.00 | -52,375.00 | -26,660.00 | -72,218.00 |
| Interest Expense | 324,172.00 | 212,063.00 | 106,091.00 | 200,252.00 | 96,251.00 | 62,854.00 | 30,979.00 | 85,144.00 |
| EBT | 163,777.00 | 116,754.00 | 92,144.00 | 75,011.00 | 154,969.00 | 111,317.00 | 75,420.00 | 125,074.00 |
| Income Tax | 109,910.00 | 73,842.00 | 59,002.00 | -30,674.00 | 11,410.00 | 14,577.00 | 10,334.00 | 14,085.00 |
| Net Income | 148,615.00 | 101,991.00 | 79,795.00 | -81,274.00 | 143,559.00 | 96,740.00 | 65,086.00 | 116,346.00 |
| EBIT | 487,949.00 | 328,817.00 | 198,235.00 | 275,263.00 | 251,220.00 | 174,171.00 | 106,399.00 | 210,218.00 |
| Deprecation and Amortization | 562,836.00 | 374,337.00 | 187,200.00 | 341,856.00 | 170,630.00 | 113,676.00 | 56,743.00 | 157,787.00 |
| EBITDA | 1,050,785.00 | 703,154.00 | 385,435.00 | 617,119.00 | 421,850.00 | 287,847.00 | 163,142.00 | 368,005.00 |
| EPS | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 61,372.00 | 61,360.00 | 61,339.00 | 61,343.00 | 61,286.00 | 61,277.00 | 61,266.00 | 60,011.00 |
| Average Shares Outstanding Diluted | 61,553.32 | 61,483.95 | 61,426.10 | 61,432.88 | 61,396.97 | 61,357.35 | 61,309.62 | 60,477.70 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 338,274.00 | 211,601.00 | 153,392.00 | -236,942.00 | 343,904.00 | 223,943.00 | 161,677.00 | 426,922.00 |
| Operating Net Income | 557,818.00 | 396,495.00 | 310,615.00 | 190,490.00 | 430,677.00 | 290,220.00 | 195,258.00 | 332,967.00 |
| Deprecation and Amortization | 562,836.00 | 374,337.00 | 187,200.00 | 341,856.00 | 170,630.00 | 113,676.00 | 56,743.00 | 157,787.00 |
| Deferred Income Tax | 23,670.00 | 16,746.00 | 13,071.00 | -56,673.00 | 7,128.00 | 12,953.00 | 9,035.00 | -13,281.00 |
| Share Based Compensation | 6,052.00 | 4,168.00 | 2,284.00 | -6,368.00 | 5,291.00 | 3,797.00 | 2,051.00 | 5,119.00 |
| Change in Working Capital | 55,396.00 | -34,744.00 | 9,372.00 | 84,287.00 | -20,479.00 | -85,338.00 | 33,234.00 | -175,858.00 |
| Other Operating Activities | -867,498.00 | -545,401.00 | -369,150.00 | -790,534.00 | -249,343.00 | -111,365.00 | -134,644.00 | 120,188.00 |
| Investing Cash Flow | -418,562.00 | -226,756.00 | -96,708.00 | 143,144.00 | -405,110.00 | -248,278.00 | -108,996.00 | -410,974.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 374,533.00 | 220,978.00 | 92,124.00 | -207,382.00 | 400,511.00 | 247,361.00 | 108,754.00 | 407,170.00 |
| Net Purchase/Sale of Investments Net | 8,091.00 | 5,778.00 | 4,584.00 | -539.00 | 4,599.00 | 917.00 | 242.00 | 3,804.00 |
| Net Purchase/Sale of Business | 35,938.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | -837,124.00 | -453,512.00 | -193,416.00 | 351,065.00 | -810,220.00 | -496,556.00 | -217,992.00 | -821,948.00 |
| Financing Cash Flow | 81,745.00 | 12,686.00 | -5,635.00 | 94,544.00 | 63,911.00 | 30,186.00 | -57,486.00 | -16,771.00 |
| Net Issuance/Repayment of Debt | 806,000.00 | 697,000.00 | 38,000.00 | -329,000.00 | 383,000.00 | 310,000.00 | 183,000.00 | 27,000.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 1,192.00 | 0 | 0 | 0 | 73,613.00 |
| Dividends Paid | 121,015.00 | 80,654.00 | 40,307.00 | -79,241.00 | 118,925.00 | 79,275.00 | 39,630.00 | 115,048.00 |
| Other Financing Activities | -845,270.00 | -764,968.00 | -83,942.00 | 501,593.00 | -438,014.00 | -359,089.00 | -280,116.00 | -232,432.00 |
| Net Change in Cash | 1,457.00 | -2,469.00 | 51,049.00 | 746.00 | 2,705.00 | 5,851.00 | -4,805.00 | -823.00 |
| Cash at Beginning of Period | 29,017.00 | 29,017.00 | 29,017.00 | 28,271.00 | 25,187.00 | 25,187.00 | 25,187.00 | 22,463.00 |
| Cash at End of Period | 30,474.00 | 26,548.00 | 80,066.00 | 29,017.00 | 27,892.00 | 31,038.00 | 20,382.00 | 21,640.00 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |