QUALCOMM Historical Cash Flow
| QCOM Stock | 21.39 0.10 0.47% |
Analysis of QUALCOMM Incorporated cash flow over time is an excellent tool to project QUALCOMM Incorporated 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 Begin Period Cash Flow of 7 B or Depreciation of 1.9 B as it is a great indicator of QUALCOMM Incorporated ability to facilitate future growth, repay debt on time or pay out dividends.
QUALCOMM |
About QUALCOMM Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in QUALCOMM 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 QUALCOMM's non-liquid assets can be easily converted into cash.
QUALCOMM Incorporated Cash Flow Chart
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Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.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 QUALCOMM Incorporated's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into QUALCOMM Incorporated 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in QUALCOMM Incorporated. 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. For information on how to trade QUALCOMM Stock refer to our How to Trade QUALCOMM Stock guide.At present, QUALCOMM Incorporated's Change In Working Capital is projected to increase significantly based on the last few years of reporting. The current year's Depreciation is expected to grow to about 1.9 B, whereas Investments are forecasted to decline to (3.8 B).
| 2021 | 2022 | 2023 | 2024 (projected) | Free Cash Flow | 6.8B | 9.8B | 11.2B | 10.0B | Stock Based Compensation | 2.0B | 2.5B | 2.6B | 2.4B |
QUALCOMM Incorporated cash flow statement Correlations
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QUALCOMM Incorporated Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with QUALCOMM Incorporated
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 QUALCOMM Incorporated 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 QUALCOMM Incorporated will appreciate offsetting losses from the drop in the long position's value.Moving together with QUALCOMM Stock
Moving against QUALCOMM Stock
| 0.67 | WMT | Walmart Inc CDR | PairCorr |
| 0.67 | COST | Costco Wholesale Corp | PairCorr |
| 0.54 | AMZN | Amazon CDR | PairCorr |
| 0.53 | JPM | JPMorgan Chase | PairCorr |
| 0.53 | BN | Brookfield | PairCorr |
The ability to find closely correlated positions to QUALCOMM Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace QUALCOMM Incorporated 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 QUALCOMM Incorporated - 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 QUALCOMM Incorporated to buy it.
The correlation of QUALCOMM Incorporated 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 QUALCOMM Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if QUALCOMM Incorporated 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 QUALCOMM Incorporated 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.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QUALCOMM Incorporated. 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. For information on how to trade QUALCOMM Stock refer to our How to Trade QUALCOMM Stock guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.