EcoSynthetix Historical Cash Flow
| ECO Stock | CAD 4.00 0.06 1.52% |
Analysis of EcoSynthetix cash flow over time is an excellent tool to project EcoSynthetix 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 Stock Based Compensation of 657.4 K or Change In Working Capital of 2.1 M as it is a great indicator of EcoSynthetix ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining EcoSynthetix 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 EcoSynthetix is a good buy for the upcoming year.
EcoSynthetix |
About EcoSynthetix Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in EcoSynthetix 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 EcoSynthetix's non-liquid assets can be easily converted into cash.
EcoSynthetix 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.Most accounts from EcoSynthetix's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into EcoSynthetix 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EcoSynthetix. 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, EcoSynthetix's Change To Account Receivables is very stable compared to the past year. As of the 29th of November 2024, Investments is likely to grow to about 2.1 M, while Stock Based Compensation is likely to drop about 657.4 K.
EcoSynthetix cash flow statement Correlations
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EcoSynthetix Account Relationship Matchups
High Positive Relationship
High Negative Relationship
EcoSynthetix cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 458.9K | 152.4K | (31.6K) | (3.1M) | 1.7M | 1.8M | |
| Change In Cash | (6.2M) | 8.7M | 25.6M | (37.4M) | 106.8K | 112.2K | |
| Stock Based Compensation | 784.6K | 783.8K | 937.3K | 883.5K | 715.9K | 657.4K | |
| Free Cash Flow | 247.4K | (21.4K) | 94.1K | (5.2M) | (1.3M) | (1.4M) | |
| Change In Working Capital | 13.6K | 117.1K | 930.8K | (4.0M) | 2.0M | 2.1M | |
| Begin Period Cash Flow | 14.2M | 8.0M | 16.6M | 42.2M | 4.8M | 4.6M | |
| Other Cashflows From Financing Activities | 215.8K | 719.6K | 1.9M | 972.4K | 431.1K | 409.6K | |
| Depreciation | 1.4M | 1.4M | 1.4M | 1.1M | 1.3M | 1.6M | |
| Other Non Cash Items | 65.5K | (87.5K) | 60.4K | (518.9K) | (842.4K) | (800.3K) | |
| Capital Expenditures | 458.2K | 248.1K | 380.0K | 273.0K | 1.6M | 1.7M | |
| Total Cash From Operating Activities | 705.6K | 226.8K | 474.1K | (4.9M) | 317.0K | 332.8K | |
| Change To Account Receivables | 523.0K | 185.0K | (272.8K) | (999.6K) | 1.4M | 1.4M | |
| Net Income | (1.5M) | (2.4M) | (3.2M) | (2.4M) | (2.8M) | (3.0M) | |
| Total Cash From Financing Activities | (1.4M) | (1.4M) | 474.3K | (1.5M) | (2.3M) | (2.2M) | |
| End Period Cash Flow | 8.0M | 16.6M | 42.2M | 4.8M | 4.9M | 4.7M | |
| Sale Purchase Of Stock | (1.5M) | (2.0M) | (1.2M) | (2.2M) | (2.4M) | (2.3M) | |
| Total Cashflows From Investing Activities | (5.5M) | 9.8M | 24.7M | (31.2M) | (35.8M) | (34.0M) | |
| Change To Operating Activities | 48.6K | (922.0) | 93.2K | (4.9K) | (5.6K) | (5.9K) | |
| Investments | (5.5M) | 9.8M | 25M | (31.2M) | 2.0M | 2.1M | |
| Other Cashflows From Investing Activities | 67.4K | (5M) | 10M | (30.9M) | (27.8M) | (26.4M) | |
| Change To Netincome | 765.0K | 1.1M | 1.4M | 269.8K | 310.3K | 294.8K | |
| Change To Liabilities | (1.0M) | (219.4K) | 1.1M | 130.6K | 117.5K | 120.0K |
Pair Trading with EcoSynthetix
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 EcoSynthetix 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 EcoSynthetix will appreciate offsetting losses from the drop in the long position's value.Moving against EcoSynthetix Stock
| 0.49 | JPM | JPMorgan Chase | PairCorr |
| 0.43 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.41 | BOFA | Bank of America | PairCorr |
The ability to find closely correlated positions to EcoSynthetix could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EcoSynthetix 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 EcoSynthetix - 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 EcoSynthetix to buy it.
The correlation of EcoSynthetix 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 EcoSynthetix moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EcoSynthetix 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 EcoSynthetix 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 EcoSynthetix Stock
The Cash Flow Statement is a financial statement that shows how changes in EcoSynthetix 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 EcoSynthetix's non-liquid assets can be easily converted into cash.