Russel Historical Cash Flow
| RUS Stock | CAD 44.95 0.56 1.23% |
Analysis of Russel Metals cash flow over time is an excellent tool to project Russel Metals 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 381.1 M or Depreciation of 71.4 M as it is a great indicator of Russel Metals ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Russel Metals 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 Russel Metals is a good buy for the upcoming year.
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About Russel Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Russel 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 Russel's non-liquid assets can be easily converted into cash.
Russel Metals 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.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.Most accounts from Russel Metals' cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Russel Metals 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 Russel Metals. 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, Russel Metals' Capital Expenditures is very stable compared to the past year. As of the 13th of December 2024, Total Cash From Operating Activities is likely to grow to about 484.8 M, while Other Cashflows From Financing Activities is likely to drop (5.6 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Capital Expenditures | 28.8M | 41.5M | 72.7M | 76.3M | Dividends Paid | 95.4M | 95.6M | 97.2M | 62.5M |
Russel Metals cash flow statement Correlations
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Russel Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Russel Metals cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 202.5M | 169M | (337.6M) | 45M | 111.9M | 117.5M | |
| Change In Cash | (108.3M) | 10.3M | 106.8M | 229.9M | 266.2M | 279.5M | |
| Free Cash Flow | 214.9M | 346.1M | 275.7M | 318.4M | 389M | 408.5M | |
| Change In Working Capital | 144.1M | 257.1M | (257.8M) | 18.1M | 146.3M | 153.6M | |
| Begin Period Cash Flow | 124.3M | 16M | 26.3M | 133.1M | 363M | 381.2M | |
| Other Cashflows From Financing Activities | (66.3M) | (19.1M) | (900K) | (200K) | (5.3M) | (5.6M) | |
| Depreciation | 56.7M | 60.6M | 57.9M | 66.1M | 68M | 71.4M | |
| Other Non Cash Items | (56.8M) | 25.1M | (75.9M) | (212M) | (16.8M) | (16.0M) | |
| Capital Expenditures | 34.8M | 24.9M | 28.8M | 41.5M | 72.7M | 76.3M | |
| Total Cash From Operating Activities | 249.7M | 371M | 304.5M | 359.9M | 461.7M | 484.8M | |
| Net Income | 76.6M | 24.5M | 432.2M | 371.9M | 266.7M | 280.0M | |
| Total Cash From Financing Activities | (176.7M) | (327.1M) | (93.5M) | (139.1M) | (184.9M) | (175.7M) | |
| End Period Cash Flow | 16M | 26.3M | 133.1M | 363M | 629.2M | 660.7M | |
| Sale Purchase Of Stock | 1.3M | 146.4M | 21M | (27.9M) | (81.5M) | (77.4M) | |
| Stock Based Compensation | 6.3M | 6.7M | 15.4M | 3.8M | 19.7M | 20.7M | |
| Change To Account Receivables | 121.1M | 114.8M | (160.8M) | 62.4M | 39.3M | 41.3M | |
| Investments | (172.8M) | (27.3M) | (107.2M) | (6.5M) | 22.5M | 23.6M | |
| Net Borrowings | (83.5M) | (233.6M) | (18.2M) | (15.7M) | (14.1M) | (14.8M) | |
| Total Cashflows From Investing Activities | (172.8M) | (27.3M) | (107.2M) | (6.5M) | (5.9M) | (6.1M) | |
| Change To Operating Activities | (3.8M) | 4.6M | (13.3M) | (5.5M) | (5.0M) | (4.7M) | |
| Change To Netincome | (28.9M) | 26.3M | 71.1M | (97.3M) | (87.6M) | (83.2M) | |
| Change To Liabilities | (175.7M) | (31.3M) | 253.9M | (83.8M) | (96.4M) | (91.6M) | |
| Other Cashflows From Investing Activities | (138M) | (2.4M) | (78.4M) | 35M | 31.5M | 33.1M | |
| Issuance Of Capital Stock | 1.3M | 2.2M | 21M | 300K | 11.8M | 7.6M |
Pair Trading with Russel Metals
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 Russel Metals 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 Russel Metals will appreciate offsetting losses from the drop in the long position's value.Moving together with Russel Stock
The ability to find closely correlated positions to Russel Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Russel Metals 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 Russel Metals - 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 Russel Metals to buy it.
The correlation of Russel Metals 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 Russel Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Russel Metals 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 Russel Metals 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 Russel Stock
The Cash Flow Statement is a financial statement that shows how changes in Russel 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 Russel's non-liquid assets can be easily converted into cash.