Geodrill Historical Cash Flow
| GEO Stock | CAD 2.86 0.06 2.14% |
Analysis of Geodrill cash flow over time is an excellent tool to project Geodrill Limited 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 Other Cashflows From Financing Activities of 124.5 K or Depreciation of 8.5 M as it is a great indicator of Geodrill ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Geodrill Limited 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 Geodrill Limited is a good buy for the upcoming year.
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About Geodrill Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Geodrill 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 Geodrill's non-liquid assets can be easily converted into cash.
Geodrill Cash Flow Chart
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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.Capital Expenditures
Capital Expenditures are funds used by Geodrill Limited to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Geodrill operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.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.Most accounts from Geodrill's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Geodrill Limited 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Geodrill Limited. 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, Geodrill's Other Cashflows From Financing Activities is very stable compared to the past year. As of the 29th of November 2024, Net Income is likely to grow to about 9.8 M, while Change To Inventory is likely to drop (4 M).
| 2022 | 2023 | 2024 (projected) | Dividends Paid | 2.2M | 1.4M | 999.5K | Stock Based Compensation | 261.7K | 390.3K | 358.7K |
Geodrill cash flow statement Correlations
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Geodrill Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Geodrill cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (759.7K) | (5.0M) | (5.4M) | (3.8M) | (3.8M) | (4.0M) | |
| Change In Cash | 5.9M | (4.0M) | 2.7M | 5.1M | 1.2M | 1.1M | |
| Free Cash Flow | 9.3M | (2.7M) | 150.1K | 8.4M | (4.3M) | (4.1M) | |
| Change In Working Capital | 1.7M | (11.0M) | (7.7M) | (6.6M) | (6.0M) | (5.7M) | |
| Begin Period Cash Flow | 4.6M | 10.6M | 6.6M | 9.3M | 14.4M | 7.4M | |
| Other Cashflows From Financing Activities | 45.2K | 166.5K | 388.6K | 2.5M | 118.6K | 124.5K | |
| Depreciation | 7.4M | 8.1M | 9.0M | 10.0M | 11.1M | 8.5M | |
| Other Non Cash Items | 482.5K | 218.6K | 654.2K | (6.0M) | (3.0M) | (2.9M) | |
| Capital Expenditures | 5.4M | 7.5M | 14.6M | 16.9M | 15.3M | 11.4M | |
| Total Cash From Operating Activities | 14.7M | 4.8M | 14.8M | 25.3M | 11.0M | 10.9M | |
| Change To Account Receivables | 3.8M | (7.4M) | (1.6M) | (11.3M) | (3.7M) | (3.9M) | |
| Net Income | 12.2M | 10.6M | 19.8M | 27.6M | 8.5M | 9.8M | |
| Total Cash From Financing Activities | (3.3M) | (1.1M) | 2.8M | (2.9M) | 5.4M | 5.7M | |
| End Period Cash Flow | 10.6M | 6.6M | 9.3M | 14.4M | 15.6M | 8.5M | |
| Stock Based Compensation | 145.3K | 137.8K | 228.3K | 261.7K | 390.3K | 358.7K | |
| Sale Purchase Of Stock | 518.2K | (555.9K) | (371.0) | 2.5M | 2.9M | 3.0M | |
| Net Borrowings | (3.8M) | (723.1K) | 2.7M | (3.2M) | (3.7M) | (3.5M) | |
| Total Cashflows From Investing Activities | (5.4M) | (7.5M) | (14.6M) | (16.9M) | (15.2M) | (14.4M) | |
| Change To Operating Activities | 563.3K | (959.4K) | (97.6K) | (315.1K) | (283.6K) | (269.4K) | |
| Change To Netincome | 1.7M | 143.4K | (661.1K) | 2.9M | 3.4M | 3.6M | |
| Change To Liabilities | (1.3M) | 3.8M | (437.7K) | 5.0M | 5.8M | 6.0M | |
| Investments | (5.4M) | (7.5M) | (14.6M) | (16.9M) | (15.3M) | (16.0M) |
Pair Trading with Geodrill
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 Geodrill 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 Geodrill will appreciate offsetting losses from the drop in the long position's value.Moving together with Geodrill Stock
Moving against Geodrill Stock
The ability to find closely correlated positions to Geodrill could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Geodrill 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 Geodrill - 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 Geodrill Limited to buy it.
The correlation of Geodrill 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 Geodrill moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Geodrill Limited 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 Geodrill 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 Geodrill Stock
The Cash Flow Statement is a financial statement that shows how changes in Geodrill 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 Geodrill's non-liquid assets can be easily converted into cash.