Culp Historical Cash Flow
| CULP Stock | USD 5.38 0.20 3.86% |
Analysis of Culp cash flow over time is an excellent tool to project Culp Inc 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 3.5 M or End Period Cash Flow of 17.2 M as it is a great indicator of Culp ability to facilitate future growth, repay debt on time or pay out dividends.
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About Culp Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Culp 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 Culp's non-liquid assets can be easily converted into cash.
Culp Cash Flow Chart
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Depreciation
Depreciation indicates how much of Culp Inc value has been used up. For tax purposes Culp can deduct the cost of the tangible assets it purchases as business expenses. However, Culp Inc must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.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.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Most accounts from Culp's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Culp Inc 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 Culp Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Culp's Change To Netincome is relatively stable compared to the past year. As of 12/12/2024, Exchange Rate Changes is likely to grow to about 102.6 K, though Other Non Cash Items is likely to grow to (2.1 M).
Culp cash flow statement Correlations
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Culp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Culp cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 29.8M | (32.8M) | (22.5M) | 6.4M | (11.0M) | (10.4M) | |
| Free Cash Flow | 385K | 14.8M | (23.1M) | 5.7M | (11.9M) | (11.3M) | |
| Depreciation | 8.5M | 7.3M | 7.6M | 7.3M | 6.9M | 8.1M | |
| Other Non Cash Items | 29.4M | 607K | 466K | 5.8M | (2.2M) | (2.1M) | |
| Capital Expenditures | 4.6M | 6.7M | 5.7M | 2.1M | 3.7M | 3.5M | |
| Total Cash From Operating Activities | 5.0M | 21.5M | (17.4M) | 7.8M | (8.2M) | (7.8M) | |
| Net Income | (28.7M) | 3.2M | (3.2M) | (31.5M) | (13.8M) | (13.1M) | |
| End Period Cash Flow | 69.8M | 37.0M | 14.6M | 21.0M | 10.0M | 17.2M | |
| Change To Inventory | (837K) | (7.2M) | (10.8M) | 15.4M | 1.6M | 1.7M | |
| Stock Based Compensation | 614K | 1.3M | 1.1M | 1.1M | 915K | 1.0M | |
| Change In Working Capital | (3.2M) | 5.3M | (24.1M) | 25.1M | (428K) | (406.6K) | |
| Begin Period Cash Flow | 40.0M | 69.8M | 37.0M | 14.6M | 21.0M | 17.4M | |
| Other Cashflows From Financing Activities | 37.4M | (40K) | 8.8M | 5.1M | (2.4M) | (2.3M) | |
| Dividends Paid | 4.7M | 5.1M | 5.3M | 5.5M | 6.3M | 3.7M | |
| Total Cash From Financing Activities | 30.6M | (43.7M) | (7.4M) | (436K) | (126K) | (132.3K) | |
| Sale Purchase Of Stock | (1.7M) | (977K) | (1.8M) | (33K) | (146K) | (138.7K) | |
| Change To Account Receivables | (2.0M) | (12.1M) | 15.4M | (2.6M) | 3.6M | 3.7M | |
| Change To Liabilities | 249K | 17.3M | (22.2M) | 10.9M | 9.9M | 10.3M | |
| Other Cashflows From Investing Activities | 2.2M | (462K) | (1.0M) | 888K | 799.2K | 839.2K | |
| Change To Netincome | 532K | 4.0M | 2.3M | 6.9M | 7.9M | 8.3M | |
| Investments | (3.3M) | (2.7M) | 9.2M | (752K) | (864.8K) | (908.0K) | |
| Total Cashflows From Investing Activities | (5.7M) | (10.7M) | 2.5M | (752K) | (864.8K) | (908.0K) | |
| Change To Operating Activities | (847K) | 6.6M | (5.6M) | 642K | 577.8K | 606.7K |
Pair Trading with Culp
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 Culp 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 Culp will appreciate offsetting losses from the drop in the long position's value.Moving together with Culp Stock
Moving against Culp Stock
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| 0.69 | RL | Ralph Lauren Corp | PairCorr |
| 0.61 | PVH | PVH Corp | PairCorr |
The ability to find closely correlated positions to Culp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Culp 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 Culp - 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 Culp Inc to buy it.
The correlation of Culp 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 Culp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Culp Inc 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 Culp 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 Culp Stock Analysis
When running Culp's price analysis, check to measure Culp'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 Culp is operating at the current time. Most of Culp's value examination focuses on studying past and present price action to predict the probability of Culp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Culp's price. Additionally, you may evaluate how the addition of Culp to your portfolios can decrease your overall portfolio volatility.