Ascendant Historical Cash Flow
| ASND Stock | CAD 0.05 0.01 25.00% |
Analysis of Ascendant Resources cash flow over time is an excellent tool to project Ascendant Resources future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Capital Expenditures of 3.6 M or Total Cash From Financing Activities of 4.9 M as it is a great indicator of Ascendant Resources ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Ascendant Resources latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ascendant Resources is a good buy for the upcoming year.
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About Ascendant Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Ascendant balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Ascendant's non-liquid assets can be easily converted into cash.
Ascendant Resources Cash Flow Chart
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Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Most accounts from Ascendant Resources' cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Ascendant Resources current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ascendant Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Ascendant Resources' Issuance Of Capital Stock is very stable compared to the past year.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation | 123K | 104K | 88K | 83.6K | Stock Based Compensation | 552K | 378K | 241K | 447.4K |
Ascendant Resources cash flow statement Correlations
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Ascendant Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ascendant Resources cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (2.1M) | (928K) | 182K | 2.8M | (3.1M) | (3.0M) | |
| Change In Working Capital | (3.9M) | 58K | (885K) | 241K | 44K | 41.8K | |
| Capital Expenditures | 13.4M | 21.7M | 15.6M | 410K | 2.1M | 3.6M | |
| Net Income | (8.2M) | (3.0M) | (4.7M) | (10.3M) | (7.8M) | (7.4M) | |
| Total Cash From Financing Activities | 9.2M | (8.3M) | 5.6M | 13.5M | 8.1M | 4.9M | |
| End Period Cash Flow | 1.7M | 756K | 938K | 3.8M | 637K | 605.2K | |
| Free Cash Flow | (7.9M) | 9.5M | (2.4M) | (1.8M) | (4.7M) | (4.4M) | |
| Begin Period Cash Flow | 3.8M | 1.7M | 756K | 938K | 3.8M | 2.3M | |
| Other Cashflows From Financing Activities | 9.4M | (9.2M) | 397K | (1.1M) | 2.9M | 3.0M | |
| Other Non Cash Items | 11.9M | 307K | 2.3M | 8.1M | 4.8M | 5.0M | |
| Total Cash From Operating Activities | 7.7M | 9.5M | (2.4M) | (1.4M) | (2.6M) | (2.5M) | |
| Change To Account Receivables | 587K | 23K | (22.0) | (38.0) | (153.0) | (160.65) | |
| Sale Purchase Of Stock | 115K | 950K | 2.6M | 2.8M | 3.2M | 3.5M | |
| Stock Based Compensation | 318K | 200K | 552K | 378K | 241K | 447.4K | |
| Depreciation | 7.3M | 105K | 123K | 104K | 88K | 83.6K | |
| Total Cashflows From Investing Activities | (19.0M) | (1.9M) | (3.0M) | (9.0M) | (8.1M) | (8.5M) | |
| Change To Operating Activities | (3.3M) | (1.3M) | 57K | (119K) | (107.1K) | (112.5K) | |
| Change To Netincome | 2.8M | 12.3M | 21.5M | 3.1M | 3.6M | 6.1M | |
| Change To Liabilities | 3.9M | (2.0M) | (22K) | (744K) | (669.6K) | (636.1K) | |
| Investments | (19.0M) | (920K) | (3.0M) | (9.0M) | (7.9M) | (8.3M) | |
| Other Cashflows From Investing Activities | (3.4M) | (2.0M) | (3.0M) | (8.6M) | (9.9M) | (10.4M) |
Pair Trading with Ascendant Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ascendant Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ascendant Resources will appreciate offsetting losses from the drop in the long position's value.Moving against Ascendant Stock
The ability to find closely correlated positions to Ascendant Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ascendant Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ascendant Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ascendant Resources to buy it.
The correlation of Ascendant Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ascendant Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ascendant Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ascendant Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Ascendant Stock
The Cash Flow Statement is a financial statement that shows how changes in Ascendant balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Ascendant's non-liquid assets can be easily converted into cash.