Corby Historical Cash Flow
| CSW-A Stock | CAD 12.30 0.03 0.24% |
Analysis of Corby Spirit cash flow over time is an excellent tool to project Corby Spirit 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 Free Cash Flow of 29.7 M or Begin Period Cash Flow of 0.0 as it is a great indicator of Corby Spirit ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Corby Spirit 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 Corby Spirit is a good buy for the upcoming year.
Corby |
About Corby Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Corby 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 Corby's non-liquid assets can be easily converted into cash.
Corby Spirit Cash Flow Chart
Add Fundamental
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Capital Expenditures
Capital Expenditures are funds used by Corby Spirit to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Corby Spirit operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Corby Spirit financial statement analysis. It represents the amount of money remaining after all of Corby Spirit and operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.Most accounts from Corby Spirit's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Corby Spirit 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 Corby Spirit and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Corby Spirit's Stock Based Compensation is comparatively stable compared to the past year. Change To Netincome is likely to gain to about 2.7 M in 2024, whereas Dividends Paid is likely to drop slightly above 22.8 M in 2024.
| 2021 | 2022 | 2024 (projected) | Capital Expenditures | 59.7M | 4.7M | 5.8M | Dividends Paid | 26.5M | 25.1M | 22.8M |
Corby Spirit cash flow statement Correlations
Click cells to compare fundamentals
Corby Spirit Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Corby Spirit
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 Corby Spirit 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 Corby Spirit will appreciate offsetting losses from the drop in the long position's value.Moving against Corby Stock
| 0.74 | RY-PS | Royal Bank | PairCorr |
| 0.69 | FFH-PC | Fairfax Fin Hld | PairCorr |
| 0.67 | NA | National Bank | PairCorr |
| 0.64 | BMO-PE | Bank of Montreal | PairCorr |
| 0.6 | BMO | Bank of Montreal | PairCorr |
The ability to find closely correlated positions to Corby Spirit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Corby Spirit 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 Corby Spirit - 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 Corby Spirit and to buy it.
The correlation of Corby Spirit 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 Corby Spirit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Corby Spirit 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 Corby Spirit 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.Additional Tools for Corby Stock Analysis
When running Corby Spirit's price analysis, check to measure Corby Spirit's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corby Spirit is operating at the current time. Most of Corby Spirit's value examination focuses on studying past and present price action to predict the probability of Corby Spirit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corby Spirit's price. Additionally, you may evaluate how the addition of Corby Spirit to your portfolios can decrease your overall portfolio volatility.