Ermenegildo Historical Cash Flow
| ZGN Stock | USD 7.88 0.06 0.77% |
Analysis of Ermenegildo Zegna cash flow over time is an excellent tool to project Ermenegildo Zegna 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 Sale Purchase Of Stock of 0.0 or Investments of 39 M as it is a great indicator of Ermenegildo Zegna ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Ermenegildo Zegna 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 Ermenegildo Zegna is a good buy for the upcoming year.
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About Ermenegildo Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Ermenegildo 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 Ermenegildo's non-liquid assets can be easily converted into cash.
Ermenegildo Zegna Cash Flow Chart
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Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.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 Ermenegildo Zegna to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Ermenegildo Zegna operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most accounts from Ermenegildo Zegna's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Ermenegildo Zegna 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ermenegildo Zegna NV. 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. At this time, Ermenegildo Zegna's Net Income is very stable compared to the past year. As of the 28th of November 2024, End Period Cash Flow is likely to grow to about 322.1 M, while Sale Purchase Of Stock is likely to drop 0.00.
| 2021 | 2022 | 2023 | 2024 (projected) | Capital Expenditures | 94.3M | 73.3M | 77.9M | 74.1M | Dividends Paid | 102K | 21.9M | 25.0M | 14.0M |
Ermenegildo Zegna cash flow statement Correlations
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Ermenegildo Zegna Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ermenegildo Zegna cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (5.4M) | (39.5M) | (27.6M) | (103.1M) | (71.3M) | (74.8M) | |
| Investments | 153.1M | 132.8M | 12.8M | (57.3M) | 21.8M | 39.0M | |
| Change In Cash | (7.7M) | 106.7M | 142.5M | (205.5M) | 42.0M | 44.1M | |
| Stock Based Compensation | (45.1M) | (17.2M) | (25.6M) | 13.6M | 14.3M | 15.0M | |
| Free Cash Flow | 114.6M | 31.8M | 186.8M | 73.1M | 197.5M | 135.0M | |
| Change In Working Capital | (36.1M) | (52.3M) | 11.6M | (151.2M) | (141.9M) | (134.8M) | |
| Begin Period Cash Flow | 218.3M | 210.6M | 317.3M | 459.8M | 254.3M | 309.6M | |
| Total Cashflows From Investing Activities | 84.0M | 92.6M | (82.0M) | (57.3M) | (65.9M) | (69.2M) | |
| Other Cashflows From Financing Activities | 115.9M | 264.4M | 8.0M | (4.2M) | (1.7M) | (1.6M) | |
| Depreciation | 177.1M | 185.9M | 163.4M | 173.5M | 193.2M | 193.2M | |
| Other Non Cash Items | 9.0M | (14.0M) | 228.7M | 23.0M | 55.0M | 59.9M | |
| Dividends Paid | 12.7M | 1.7M | 102K | 21.9M | 25.0M | 14.0M | |
| Capital Expenditures | 59.5M | 39.2M | 94.3M | 73.3M | 77.9M | 74.1M | |
| Total Cash From Operating Activities | 174.1M | 70.9M | 281.2M | 146.4M | 275.4M | 209.1M | |
| Change To Account Receivables | (8.4M) | 35.7M | (12.3M) | (15.6M) | (50.0M) | (47.5M) | |
| Net Income | 25.4M | (46.5M) | (127.7M) | 65.3M | 135.7M | 142.4M | |
| Total Cash From Financing Activities | (267.5M) | (49.1M) | (64.1M) | (297.0M) | (250.5M) | (238.0M) | |
| End Period Cash Flow | 210.6M | 317.3M | 459.8M | 254.3M | 296.3M | 322.1M | |
| Other Cashflows From Investing Activities | 143.5M | 131.7M | 12.3M | 16.0M | 18.4M | 19.3M |
Pair Trading with Ermenegildo Zegna
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 Ermenegildo Zegna 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 Ermenegildo Zegna will appreciate offsetting losses from the drop in the long position's value.Moving together with Ermenegildo Stock
| 0.91 | DOOO | BRP Inc Earnings Call Today | PairCorr |
Moving against Ermenegildo Stock
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| 0.78 | REE | Ree Automotive Holding Earnings Call Today | PairCorr |
| 0.77 | KTB | Kontoor Brands | PairCorr |
| 0.6 | UA | Under Armour C | PairCorr |
The ability to find closely correlated positions to Ermenegildo Zegna could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ermenegildo Zegna 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 Ermenegildo Zegna - 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 Ermenegildo Zegna NV to buy it.
The correlation of Ermenegildo Zegna 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 Ermenegildo Zegna moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ermenegildo Zegna 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 Ermenegildo Zegna 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ermenegildo Zegna NV. 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. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Apparel, Accessories & Luxury Goods 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 Ermenegildo Zegna. If investors know Ermenegildo 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 Ermenegildo Zegna 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 (0.47) | Dividend Share 0.12 | Earnings Share 0.42 | Revenue Per Share 7.839 | Quarterly Revenue Growth 0.063 |
The market value of Ermenegildo Zegna is measured differently than its book value, which is the value of Ermenegildo that is recorded on the company's balance sheet. Investors also form their own opinion of Ermenegildo Zegna's value that differs from its market value or its book value, called intrinsic value, which is Ermenegildo Zegna'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 Ermenegildo Zegna's market value can be influenced by many factors that don't directly affect Ermenegildo Zegna'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 Ermenegildo Zegna's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ermenegildo Zegna is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ermenegildo Zegna'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.