Avangrid Historical Cash Flow
| AGR Stock | USD 35.56 0.06 0.17% |
Analysis of Avangrid cash flow over time is an excellent tool to project Avangrid 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 68.4 M or Other Cashflows From Financing Activities of 179.3 M as it is a great indicator of Avangrid ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Avangrid 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 Avangrid is a good buy for the upcoming year.
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About Avangrid Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Avangrid 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 Avangrid's non-liquid assets can be easily converted into cash.
Avangrid 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.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Capital Expenditures
Capital Expenditures are funds used by Avangrid to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Avangrid operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Avangrid financial statement analysis. It represents the amount of money remaining after all of Avangrid operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Avangrid's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Avangrid 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 Avangrid. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in Avangrid Stock, please use our How to Invest in Avangrid guide.At this time, Avangrid's Net Borrowings is relatively stable compared to the past year. As of 12/13/2024, Change To Liabilities is likely to grow to about 478.2 M, though Change To Inventory is likely to grow to (15.3 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Capital Expenditures | 3.0B | 2.5B | 3.0B | 3.1B | Dividends Paid | 613M | 681M | 783.2M | 822.3M |
Avangrid cash flow statement Correlations
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Avangrid Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Avangrid cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Sale Purchase Of Stock | (6M) | 70M | (3M) | (33M) | (1M) | (2.9M) | |
| Change In Cash | 141M | 1.3B | 10M | (1.4B) | 22M | 23.1M | |
| Free Cash Flow | (1.1B) | (1.5B) | (1.4B) | (1.5B) | (2.1B) | (2.0B) | |
| Change In Working Capital | (69M) | (269M) | (137M) | (564M) | (830M) | (788.5M) | |
| Begin Period Cash Flow | 43M | 184M | 1.5B | 1.5B | 72M | 68.4M | |
| Other Cashflows From Financing Activities | 2.2B | 307M | 847M | 1.2B | 187M | 179.3M | |
| Other Non Cash Items | (39M) | (72M) | (70M) | (260M) | (118M) | (112.1M) | |
| Capital Expenditures | 2.7B | 2.8B | 3.0B | 2.5B | 3.0B | 3.1B | |
| Total Cash From Operating Activities | 1.8B | 1.6B | 1.3B | 1.0B | 919M | 598.1M | |
| Net Income | 676M | 539M | 643M | 821M | 665M | 698.3M | |
| Total Cash From Financing Activities | 1.3B | 2.9B | 889M | 108M | 2.2B | 2.3B | |
| End Period Cash Flow | 184M | 1.5B | 1.5B | 72M | 94M | 178.0M | |
| Stock Based Compensation | (111M) | 99M | 172M | 15M | 14M | 15.9M | |
| Depreciation | 998M | 974M | 942M | 1.0B | 1.2B | 655.1M | |
| Investments | 111M | 238M | 155M | 18M | (2.6B) | (2.4B) | |
| Net Borrowings | 1.7B | 103M | (2.5B) | 1.0B | 924.3M | 970.5M | |
| Total Cashflows From Investing Activities | (2.7B) | (2.9B) | (2.4B) | (2.5B) | (2.3B) | (2.4B) | |
| Change To Operating Activities | (69M) | (269M) | (137M) | (564M) | (507.6M) | (482.2M) | |
| Other Cashflows From Investing Activities | (84M) | (315M) | 381M | (47M) | (54.1M) | (51.3M) | |
| Change To Netincome | (24M) | 33M | 101M | (256M) | (230.4M) | (218.9M) | |
| Change To Liabilities | (43M) | 74M | 183M | 396M | 455.4M | 478.2M | |
| Cash And Cash Equivalents Changes | 141M | 1.3B | 10M | (1.4B) | (1.3B) | (1.2B) | |
| Cash Flows Other Operating | 38M | (356M) | (392M) | (1.0B) | (922.5M) | (876.4M) |
Pair Trading with Avangrid
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 Avangrid 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 Avangrid will appreciate offsetting losses from the drop in the long position's value.Moving against Avangrid Stock
| 0.62 | EBR | Centrais Electricas | PairCorr |
| 0.6 | CMS-PC | CMS Energy | PairCorr |
| 0.54 | CMS-PB | Consumers Energy | PairCorr |
| 0.48 | ED | Consolidated Edison Sell-off Trend | PairCorr |
| 0.47 | ES | Eversource Energy | PairCorr |
The ability to find closely correlated positions to Avangrid could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avangrid 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 Avangrid - 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 Avangrid to buy it.
The correlation of Avangrid 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 Avangrid moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avangrid 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 Avangrid 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 Avangrid Stock Analysis
When running Avangrid's price analysis, check to measure Avangrid'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 Avangrid is operating at the current time. Most of Avangrid's value examination focuses on studying past and present price action to predict the probability of Avangrid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avangrid's price. Additionally, you may evaluate how the addition of Avangrid to your portfolios can decrease your overall portfolio volatility.