LKQ Historical Cash Flow
| LKQ Stock | USD 36.88 0.88 2.44% |
Analysis of LKQ cash flow over time is an excellent tool to project LKQ Corporation 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 Depreciation of 334.9 M or Capital Expenditures of 375.9 M as it is a great indicator of LKQ ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining LKQ Corporation 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 LKQ Corporation is a good buy for the upcoming year.
LKQ |
About LKQ Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in LKQ 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 LKQ's non-liquid assets can be easily converted into cash.
LKQ 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.Most accounts from LKQ's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into LKQ Corporation 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LKQ Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. At this time, LKQ's Change To Liabilities is relatively stable compared to the past year. As of 12/21/2024, Change To Inventory is likely to grow to about 74.5 M, though Other Non Cash Items is likely to grow to (29.4 M).
LKQ cash flow statement Correlations
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LKQ Account Relationship Matchups
High Positive Relationship
High Negative Relationship
LKQ cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 191.1M | (222.7M) | (38.0M) | 4M | 21M | 13.6M | |
| Free Cash Flow | 798.3M | 1.3B | 1.1B | 1.0B | 998M | 1.0B | |
| Change In Working Capital | 97.9M | 496.7M | (2.7M) | (35M) | 77M | 80.9M | |
| Other Cashflows From Financing Activities | (8.3M) | (29.6M) | (120.7M) | 1.6B | (63M) | (59.9M) | |
| Depreciation | 314.4M | 299.5M | 284.0M | 264M | 319M | 335.0M | |
| Other Non Cash Items | 71.8M | 12.0M | (13.0M) | (173M) | (31M) | (29.5M) | |
| Capital Expenditures | 265.7M | 172.7M | 293.5M | 222M | 358M | 375.9M | |
| Total Cash From Operating Activities | 1.1B | 1.4B | 1.4B | 1.3B | 1.4B | 1.4B | |
| Net Income | 545.0M | 640.4M | 1.1B | 1.2B | 938M | 984.9M | |
| Total Cash From Financing Activities | (600.7M) | (1.5B) | (985.1M) | (1.4B) | 1.1B | 1.2B | |
| End Period Cash Flow | 528.4M | 312.2M | 274.1M | 278M | 299M | 155.5M | |
| Stock Based Compensation | 27.7M | 29M | 33.7M | 38M | 40M | 27.5M | |
| Begin Period Cash Flow | 337.3M | 534.9M | 312.2M | 274M | 278M | 148.8M | |
| Change To Netincome | 106.7M | (4.1M) | (6.4M) | (129M) | (148.4M) | (140.9M) | |
| Change To Liabilities | 29.5M | 29.1M | 283.2M | 302M | 347.3M | 364.7M | |
| Sale Purchase Of Stock | (291.8M) | (117M) | (876.8M) | (1.0B) | (38M) | (39.9M) | |
| Change To Inventory | 15.5M | 433.1M | (234.5M) | (342M) | 71M | 74.6M | |
| Change To Account Receivables | 26.4M | 93.6M | (16.2M) | (16M) | 5M | 5.3M | |
| Other Cashflows From Investing Activities | 8.5M | 16.8M | (21.0M) | 394M | (18M) | (17.1M) | |
| Change Receivables | 26.4M | (93.6M) | 16.2M | (16M) | (18.4M) | (17.5M) | |
| Net Borrowings | (281.4M) | (1.4B) | 85.3M | (48M) | (43.2M) | (41.0M) | |
| Total Cashflows From Investing Activities | (264.9M) | (165.9M) | (418.8M) | 172M | 197.8M | 207.7M | |
| Exchange Rate Changes | (904K) | 11.9M | (1.2M) | (24M) | (21.6M) | (20.5M) | |
| Cash And Cash Equivalents Changes | 197.6M | (3.1B) | (2.8B) | 4M | 3.6M | 3.8M | |
| Cash Flows Other Operating | 26.6M | (2.3M) | (29.9M) | 21M | 24.2M | 25.4M | |
| Investments | (7.6M) | (7.7M) | (418.8M) | 172M | (2.5B) | (2.3B) | |
| Change To Operating Activities | 26.6M | (856K) | 29.9M | 21M | 24.2M | 25.4M |
Pair Trading with LKQ
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 LKQ 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 LKQ will appreciate offsetting losses from the drop in the long position's value.Moving together with LKQ Stock
Moving against LKQ Stock
The ability to find closely correlated positions to LKQ could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LKQ 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 LKQ - 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 LKQ Corporation to buy it.
The correlation of LKQ 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 LKQ moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LKQ Corporation 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 LKQ 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 LKQ Stock Analysis
When running LKQ's price analysis, check to measure LKQ'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 LKQ is operating at the current time. Most of LKQ's value examination focuses on studying past and present price action to predict the probability of LKQ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LKQ's price. Additionally, you may evaluate how the addition of LKQ to your portfolios can decrease your overall portfolio volatility.