International Historical Cash Flow
| ITH Stock | CAD 0.67 0.01 1.47% |
Analysis of International Tower cash flow over time is an excellent tool to project International Tower Hill 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 End Period Cash Flow of 1.6 M as it is a great indicator of International Tower ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining International Tower Hill 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 International Tower Hill is a good buy for the upcoming year.
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About International Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in International 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 International's non-liquid assets can be easily converted into cash.
International Tower 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.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 International Tower's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into International Tower Hill 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Tower Hill. 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, International Tower's Other Cashflows From Financing Activities is very stable compared to the past year. As of the 21st of December 2024, Change To Netincome is likely to grow to about 541.5 K, though Change In Cash is likely to grow to (3 M).
International Tower cash flow statement Correlations
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International Tower Account Relationship Matchups
High Positive Relationship
High Negative Relationship
International Tower cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (3.3M) | 6.1M | (5.3M) | (2.9M) | (3.2M) | (3.0M) | |
| Free Cash Flow | (3.8M) | (3.9M) | (5.3M) | (2.9M) | (3.2M) | (3.3M) | |
| Change In Working Capital | (241.4K) | 236.7K | 107.3K | (303.7K) | (205.2K) | (194.9K) | |
| Begin Period Cash Flow | 10.2M | 6.9M | 13.0M | 7.8M | 4.8M | 4.6M | |
| Other Cashflows From Financing Activities | (101.7K) | (480.9K) | 0.0 | 290.29 | 261.26 | 274.32 | |
| Other Non Cash Items | 164.46 | 622.18 | 642.41 | (287.46) | (55.47) | (52.7) | |
| Total Cash From Operating Activities | (3.7M) | (3.9M) | (5.3M) | (2.9M) | (3.2M) | (3.3M) | |
| Net Income | (3.8M) | (4.5M) | (6.0M) | (3.0M) | (3.4M) | (3.6M) | |
| End Period Cash Flow | 6.9M | 13.0M | 7.8M | 4.8M | 1.7M | 1.6M | |
| Total Cash From Financing Activities | (14.7M) | 12.1M | 64.3K | 9.8M | 290.3K | 0.0 | |
| Depreciation | 2.3K | 7.6K | 367.0 | (2.0) | (1.8) | (1.71) | |
| Stock Based Compensation | 405.9K | 385.5K | 535.1K | 448.5K | 415.2K | 394.4K | |
| Change To Account Receivables | (15.3K) | 94.8K | 18.8K | 5.8K | (23.0K) | (21.8K) | |
| Sale Purchase Of Stock | 64.3K | 10.3M | 0.0 | 290.3K | 261.3K | 248.2K | |
| Change To Operating Activities | (11.0K) | (14.4K) | 1.6K | (22.1K) | (19.9K) | (18.9K) | |
| Change To Netincome | 405.9K | 385.5K | 535.1K | 448.5K | 515.7K | 541.5K | |
| Change To Liabilities | (215.1K) | 156.3K | 87.0K | (287.5K) | (330.6K) | (347.1K) |
Pair Trading with International Tower
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 International Tower 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 International Tower will appreciate offsetting losses from the drop in the long position's value.Moving together with International Stock
Moving against International Stock
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| 0.53 | AMZN | Amazon CDR | PairCorr |
| 0.38 | GOOG | Alphabet CDR | PairCorr |
| 0.37 | BRK | Berkshire Hathaway CDR | PairCorr |
The ability to find closely correlated positions to International Tower could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace International Tower 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 International Tower - 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 International Tower Hill to buy it.
The correlation of International Tower 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 International Tower moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if International Tower Hill 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 International Tower 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Tower Hill. 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. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.