Ashford Inc. Cashflow Statement

Ask AI

Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated statements of cash flows

In millions of USD, except per-share amounts

	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021	FY2020 12 months to Dec 31, 2020
Cash Flows from Operating Activities
Net income (loss)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization
Change in fair value of deferred compensation plan
Equity-based compensation
Equity in (earnings) loss in unconsolidated entities
Deferred tax expense (benefit)
Impairment
(Gain) loss on disposal of assets
Ashford Trust
Total (Gain) loss on disposal of assets

Amortization of other assets
Amortization of loan costs
Realized loss on investment
Write off of deferred loan costs
Other (gain) loss
Changes in operating assets and liabilities, exclusive of the effect of acquisitions:
Accounts receivable
Due from affiliates
Due from related parties
Ashford Trust
Braemar
Inventories
Prepaid expenses and other
Investment in unconsolidated entities
Operating lease right-of-use assets
Other assets
Accounts payable and accrued expenses
Due to affiliates
Due to related party
Claims liabilities and other
Operating lease liabilities
Deferred income

Net cash provided by (used in) operating activities
Cash Flows from Investing Activities
Payments to acquire property, plant, and equipment, ERFP agreement
Additions to property and equipment
Proceeds from sale of property and equipment, net
Additional purchase price paid for Remington working capital adjustment
Restricted cash acquired in asset acquisition of RHC
Premier
RHC
Total restricted cash acquired in asset acquisition of RHC

Acquisitions, net of cash acquired
Alii Nui Maui
Chesapeake
TSGP L.P.
Total acquisitions, net of cash acquired
Investments
REA Holdings
Total investments

Cash held by Marietta upon disposition
Asset acquisition
Acquisition of noncontrolling interest in consolidated subsidiaries
Purchase of common stock of related parties
Acquisition of assets related to RED
Proceeds from sale of equity method investment
Proceeds from note receivable
Issuance of notes receivable
Net cash provided by (used in) investing activities

Cash Flows from Financing Activities
Proceeds from issuance of common stock
Repurchase of common stock
Payments for dividends on preferred stock
Payments on revolving credit facilities
Borrowings on revolving credit facilities
Proceeds from notes payable
Payments on notes payable
Payments on finance lease liabilities
Payments of loan costs
Purchase of treasury stock
Repurchase of restricted common stock upon vesting
Employee advances
Contributions from noncontrolling interests, net of issuance costs
Distributions to noncontrolling interests
Net cash provided by (used in) financing activities
Effect of foreign exchange rate changes on cash and cash equivalents
Net change in cash, cash equivalents and restricted cash
Cash, cash equivalents and restricted cash at beginning of period
Cash and cash equivalents at end of period
Restricted cash at end of period
Cash, cash equivalents and restricted cash at end of period
Supplemental Cash Flow Information
Interest paid
Income taxes paid (refunded), net
Supplemental Disclosure of Non-Cash Investing and Financing Activities
Acquisition through issuance of convertible preferred stock, less cash acquired
Remington
Total acquisition through issuance of convertible preferred stock, less cash acquired
Acquisition of Remington Lodging through issuance of convertible preferred stock, less cash acquired
Acquisition of Alii Nui through issuance of RED Units
BAV
Sebago
REA Holdings
Total acquisition of Alii Nui through issuance of RED Units

Distribution from deferred compensation plan
Capital expenditures accrued but not paid
Issuance of OpenKey warrant
Finance lease additions
Ashford Inc. common stock consideration for purchase of OpenKey shares
Acquisition of noncontrolling interest in consolidated entities with notes payable and common stock
OpenKey
Total acquisition of noncontrolling interest in consolidated entities with notes payable and common stock

Settlement of contingent consideration liability

Supplemental Disclosure of Cash, Cash Equivalents and Restricted Cash
Cash and cash equivalents at beginning of period
Restricted cash at beginning of period

Comments