MGRC: the cashflow

MyFinsight

For the quarter ending 2025-09-30, MGRC had $5,787K increase in cash & cash equivalents over the period. $53,457K in free cash flow.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Cash Flow	2025-09-30	2025-06-30
Net income	42,298	64,181
Depreciation and amortization	26,978	52,739
Deferred income taxes	-10,154	-12,764
Provision for credit losses	440	826
Share-based compensation	2,766	5,322
Gain on sale of used rental equipment	13,514	16,674
Foreign currency exchange (gain)	-32	86
Amortization of debt issuance costs	159	45
Accounts receivable	7,985	15,285
Inventories	1,125	-2,007
Prepaid expenses and other assets	-3,386	5,270
Accounts payable	361	-8,402
Accrued liabilities	-4,257	2,403
Deferred income	5,378	15,124
Net cash provided by operating activities	65,071	109,694
Purchases of rental equipment	41,286	50,230
Purchases of property, plant and equipment	11,614	21,621
Cash paid for acquisition of businesses	0	21,947
Proceeds from sales of used rental equipment	26,447	32,200
Net cash used in investing activities	-26,453	-61,598
Net payments under bank lines of credit	-22,882	-17,730
Principal payment of term note agreement	73,000	-
Borrowings under series g senior notes	75,000	-
Taxes paid related to net share settlement of stock awards	9	5,684
Payment of dividends	11,940	24,020
Net cash used in financing activities	-32,831	-47,434
Net increase in cash	5,787	662
Cash and cash equivalents at beginning of period	807	-
Cash and cash equivalents at end of period	7,256	-

Unit: Thousand (K) dollars