Trilogy Historical Cash Flow
| TMQ Stock | CAD 1.58 0.02 1.28% |
Analysis of Trilogy Metals cash flow over time is an excellent tool to project Trilogy 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 Capital Expenditures of 0.0 or Total Cash From Financing Activities of 2.7 M as it is a great indicator of Trilogy 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 Trilogy 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 Trilogy Metals is a good buy for the upcoming year.
Trilogy |
About Trilogy Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Trilogy 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 Trilogy's non-liquid assets can be easily converted into cash.
Trilogy Metals Cash Flow Chart
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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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Trilogy Metals financial statement analysis. It represents the amount of money remaining after all of Trilogy Metals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Trilogy Metals' cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Trilogy 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Trilogy 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. To learn how to invest in Trilogy Stock, please use our How to Invest in Trilogy Metals guide.At this time, Trilogy Metals' Change In Working Capital is very stable compared to the past year. As of the 22nd of December 2024, Other Non Cash Items is likely to grow to about 9.6 M, while Stock Based Compensation is likely to drop about 3.2 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Begin Period Cash Flow | 6.3M | 2.6M | 3.0M | 2.8M | End Period Cash Flow | 2.6M | 2.6M | 2.3M | 2.2M |
Trilogy Metals cash flow statement Correlations
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Trilogy Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Trilogy Metals cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Stock Based Compensation | 3.6M | 3.5M | 3.4M | 3.9M | 4.5M | 3.2M | |
| Free Cash Flow | (8.3M) | (5.2M) | (3.9M) | (3.1M) | (3.6M) | (3.7M) | |
| Change In Working Capital | (796K) | (27K) | (568K) | 4K | 3.6K | 6.5K | |
| Other Cashflows From Financing Activities | 217K | 416K | 54K | 3.1K | 2.8K | 2.7K | |
| Other Non Cash Items | (189K) | (15K) | 17.4M | 8.0M | 9.2M | 9.6M | |
| Total Cash From Operating Activities | (8.3M) | (5.1M) | (3.9M) | (3.1M) | (3.6M) | (3.7M) | |
| Net Income | 161.8M | (21.7M) | (24.3M) | (15.0M) | (17.2M) | (16.3M) | |
| Total Cash From Financing Activities | 217K | 416K | 54K | 3.1M | 2.8M | 2.7M | |
| Change In Cash | (8.0M) | (4.8M) | (3.7M) | 17K | 15.3K | 14.5K | |
| Depreciation | 273K | 21K | 17K | 8K | 7.2K | 6.8K | |
| End Period Cash Flow | 11.1M | 6.3M | 2.6M | 2.6M | 2.3M | 2.2M | |
| Begin Period Cash Flow | 19.2M | 11.1M | 6.3M | 2.6M | 3.0M | 2.8M | |
| Change To Account Receivables | 135K | 110K | 2K | 7K | 8.1K | 8.5K | |
| Sale Purchase Of Stock | 10.1M | 217K | 416K | 54K | 62.1K | 59.0K | |
| Total Cashflows From Investing Activities | 12.7M | 9.6M | (119K) | 142K | 127.8K | 121.4K | |
| Change To Operating Activities | (100K) | 535K | (101K) | (64K) | (73.6K) | (69.9K) | |
| Other Cashflows From Investing Activities | 10.4M | 10.2M | 0.0 | 142K | 127.8K | 121.4K | |
| Change To Netincome | 3.8M | (169.5M) | 16.5M | 20.8M | 18.7M | 19.6M | |
| Change To Liabilities | 697K | (1.5M) | (36K) | (506K) | (455.4K) | (432.6K) |
Pair Trading with Trilogy 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 Trilogy 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 Trilogy Metals will appreciate offsetting losses from the drop in the long position's value.Moving against Trilogy Stock
| 0.87 | ORE | Orezone Gold Corp | PairCorr |
| 0.86 | INFM | Infinico Metals Corp | PairCorr |
| 0.7 | TKU | Tarku Resources | PairCorr |
| 0.36 | KDA | KDA Group | PairCorr |
The ability to find closely correlated positions to Trilogy 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 Trilogy 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 Trilogy 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 Trilogy Metals to buy it.
The correlation of Trilogy 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 Trilogy Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trilogy 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 Trilogy 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trilogy 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. To learn how to invest in Trilogy Stock, please use our How to Invest in Trilogy Metals guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.