Credicorp Historical Cash Flow
| BAP Stock | USD 191.87 5.45 2.76% |
Analysis of Credicorp cash flow over time is an excellent tool to project Credicorp 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 349 M or Other Non Cash Items of 1 B as it is a great indicator of Credicorp ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Credicorp 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 Credicorp is a good buy for the upcoming year.
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About Credicorp Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Credicorp 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 Credicorp's non-liquid assets can be easily converted into cash.
Credicorp Cash Flow Chart
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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 Credicorp to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Credicorp 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 Credicorp financial statement analysis. It represents the amount of money remaining after all of Credicorp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Credicorp's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Credicorp 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 Credicorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Credicorp Stock, please use our How to Invest in Credicorp guide.At this time, Credicorp's Dividends Paid is relatively stable compared to the past year. As of 11/26/2024, Capital Expenditures is likely to grow to about 1.2 B, though Change In Working Capital is likely to grow to (3 B).
| 2021 | 2022 | 2023 | 2024 (projected) | Other Non Cash Items | 1.1B | 1.8B | 1.7B | 1.0B | Depreciation | 690.2M | 690.6M | 667.1M | 349.0M |
Credicorp cash flow statement Correlations
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Credicorp Account Relationship Matchups
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High Negative Relationship
Credicorp cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 3.8B | 10.8B | 2.6B | (5.2B) | (200.3M) | (190.3M) | |
| Free Cash Flow | 6.4B | 12.1B | 3.3B | (2.0B) | 2.9B | 2.3B | |
| Change In Working Capital | 873.3M | 7.2B | (2.1B) | (8.6B) | (3.2B) | (3.0B) | |
| Other Cashflows From Financing Activities | (53.0M) | (32.3M) | 143.8M | (174.2M) | (89.4M) | (84.9M) | |
| Depreciation | 639.1M | 676.9M | 690.2M | 690.6M | 667.1M | 349.0M | |
| Other Non Cash Items | 1.0B | 5.5B | 1.1B | 1.8B | 1.7B | 1.0B | |
| Dividends Paid | 2.2B | 2.4B | 398.8M | 1.2B | 2.0B | 2.1B | |
| Capital Expenditures | 506.7M | 633.4M | 640.0M | 896.4M | 1.2B | 1.2B | |
| Total Cash From Operating Activities | 6.9B | 12.7B | 4.0B | (1.1B) | 4.1B | 2.7B | |
| Net Income | 4.4B | 334.1M | 3.7B | 4.7B | 4.9B | 5.1B | |
| Total Cash From Financing Activities | (3.6B) | (2.1B) | (465.3M) | (1.6B) | (2.3B) | (2.2B) | |
| End Period Cash Flow | 26.0B | 36.7B | 39.3B | 34.1B | 33.9B | 18.4B | |
| Begin Period Cash Flow | 22.2B | 26.0B | 36.7B | 39.3B | 34.1B | 17.8B | |
| Stock Based Compensation | 120.1M | 103.6M | 74.0M | 88.7M | 83.3M | 78.5M | |
| Total Cashflows From Investing Activities | 726.2M | (1.9B) | (3.7B) | 1.8B | 1.6B | 1.7B | |
| Sale Purchase Of Stock | (103.2M) | (151.9M) | (58.9M) | (83.6M) | (85.6M) | (89.9M) | |
| Investments | 726.2M | (1.9B) | (3.1B) | (1.1B) | (1.3B) | (1.3B) | |
| Change To Operating Activities | (7.1B) | (592.6M) | (12.9B) | (9.7B) | (8.7B) | (9.2B) | |
| Change To Netincome | 1.1B | 4.5B | 1.8B | 2.2B | 2.5B | 1.9B | |
| Other Cashflows From Investing Activities | 1.2B | (21.2B) | 4.2B | 2.0B | 1.8B | 1.9B |
Pair Trading with Credicorp
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 Credicorp 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 Credicorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Credicorp Stock
Moving against Credicorp Stock
| 0.45 | TFC-PO | Truist Financial | PairCorr |
| 0.33 | TFC-PR | Truist Financial | PairCorr |
| 0.31 | WF | Woori Financial Group | PairCorr |
The ability to find closely correlated positions to Credicorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Credicorp 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 Credicorp - 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 Credicorp to buy it.
The correlation of Credicorp 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 Credicorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Credicorp 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 Credicorp 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 Credicorp Stock Analysis
When running Credicorp's price analysis, check to measure Credicorp'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 Credicorp is operating at the current time. Most of Credicorp's value examination focuses on studying past and present price action to predict the probability of Credicorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Credicorp's price. Additionally, you may evaluate how the addition of Credicorp to your portfolios can decrease your overall portfolio volatility.