Allete Historical Cash Flow
| ALE Stock | USD 64.87 0.01 0.02% |
Analysis of Allete cash flow over time is an excellent tool to project Allete Inc 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 Change In Cash of 41.2 M or Free Cash Flow of 329.8 M as it is a great indicator of Allete ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Allete Inc 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 Allete Inc is a good buy for the upcoming year.
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About Allete Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Allete 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 Allete's non-liquid assets can be easily converted into cash.
Allete 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 Allete Inc to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Allete 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 Allete Inc financial statement analysis. It represents the amount of money remaining after all of Allete Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Allete's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Allete Inc 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 Allete Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At present, Allete's Change In Cash is projected to increase significantly based on the last few years of reporting. The current year's Free Cash Flow is expected to grow to about 329.8 M, whereas Other Cashflows From Financing Activities is forecasted to decline to about 7.4 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation | 241.5M | 250.3M | 251.8M | 186.2M | Stock Based Compensation | 5.9M | 4.9M | 7.3M | 7.2M |
Allete cash flow statement Correlations
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Allete Account Relationship Matchups
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Allete cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Sale Purchase Of Stock | 201.9M | 672.4M | 733M | 395.6M | (1.0) | (0.95) | |
| Change To Inventory | (4.1M) | (1.4M) | (23.5M) | (256.1M) | 277.1M | 291.0M | |
| Change In Cash | 13.5M | (27.3M) | (17.5M) | (7.5M) | 39.2M | 41.2M | |
| Free Cash Flow | (347.6M) | (418M) | (209.8M) | 800K | 314.1M | 329.8M | |
| Change In Working Capital | (44.7M) | (30.7M) | (77.4M) | (152.4M) | 109.7M | 115.2M | |
| Begin Period Cash Flow | 79M | 92.5M | 65.2M | 47.7M | 40.2M | 69.9M | |
| Other Cashflows From Financing Activities | 99.1M | 412M | 86.1M | 930.1M | 7.8M | 7.4M | |
| Other Non Cash Items | (94.1M) | (25.6M) | (17.4M) | 25.7M | (48.2M) | (45.8M) | |
| Capital Expenditures | 597.1M | 717.8M | 473.3M | 220.5M | 271.2M | 273.6M | |
| Total Cash From Operating Activities | 249.5M | 299.8M | 263.5M | 221.3M | 585.3M | 614.6M | |
| Net Income | 185.5M | 161.6M | 137.8M | 131.3M | 247.1M | 126.5M | |
| Total Cash From Financing Activities | 109.3M | 485.7M | 204.2M | 155.2M | (262.5M) | (249.4M) | |
| End Period Cash Flow | 92.5M | 65.2M | 47.7M | 40.2M | 79.4M | 74.5M | |
| Dividends Paid | 121.4M | 128.2M | 131.9M | 145.9M | 155.5M | 96.7M | |
| Other Cashflows From Investing Activities | 281.5M | (95M) | 2.9M | (157.4M) | (141.7M) | (134.6M) | |
| Change To Liabilities | (38.4M) | 19M | 28M | 115.1M | 103.6M | 108.8M | |
| Change To Account Receivables | 22.6M | (18.2M) | (13M) | (14M) | 1.8M | 1.9M | |
| Total Cashflows From Investing Activities | (345.3M) | (812.8M) | (485.2M) | (384M) | (345.6M) | (362.9M) | |
| Stock Based Compensation | 6.3M | 6.1M | 5.9M | 4.9M | 7.3M | 7.2M | |
| Depreciation | 213.6M | 228.1M | 241.5M | 250.3M | 251.8M | 186.2M | |
| Investments | (29.7M) | (95M) | (14.8M) | (6.1M) | (273.5M) | (259.8M) | |
| Change Receivables | 22.6M | (18.2M) | (13M) | (14M) | (12.6M) | (12.0M) | |
| Net Borrowings | 129.7M | 183.8M | 180.1M | (91.6M) | (82.4M) | (78.3M) | |
| Cash And Cash Equivalents Changes | 13.5M | (27.3M) | (17.5M) | (7.5M) | (6.8M) | (6.4M) | |
| Cash Flows Other Operating | (86.8M) | (41.6M) | (80.3M) | 28.5M | 25.7M | 26.9M | |
| Change To Netincome | (42.9M) | (47.7M) | (27M) | (33.8M) | (30.4M) | (28.9M) | |
| Change To Operating Activities | (64.8M) | (33.6M) | (66.2M) | 119M | 136.9M | 143.7M | |
| Issuance Of Capital Stock | 1.9M | 18.1M | 69.9M | 248M | 15M | 14.3M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Allete Inc is a strong investment it is important to analyze Allete's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Allete's future performance. For an informed investment choice regarding Allete Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allete Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allete. If investors know Allete will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allete listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.48) | Dividend Share 2.793 | Earnings Share 3.12 | Revenue Per Share 27.217 | Quarterly Revenue Growth 0.075 |
The market value of Allete Inc is measured differently than its book value, which is the value of Allete that is recorded on the company's balance sheet. Investors also form their own opinion of Allete's value that differs from its market value or its book value, called intrinsic value, which is Allete's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allete's market value can be influenced by many factors that don't directly affect Allete's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allete's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allete is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allete's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.