Conifex Historical Cash Flow
| CFF Stock | CAD 0.40 0.01 2.56% |
Analysis of Conifex Timber cash flow over time is an excellent tool to project Conifex Timber 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 Other Cashflows From Financing Activities of 1.1 M or Capital Expenditures of 6.3 M as it is a great indicator of Conifex Timber ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Conifex Timber 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 Conifex Timber is a good buy for the upcoming year.
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About Conifex Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Conifex 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 Conifex's non-liquid assets can be easily converted into cash.
Conifex Timber Cash Flow Chart
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Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.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.Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.Most accounts from Conifex Timber's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Conifex Timber 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 Conifex Timber. 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, Conifex Timber's Net Borrowings is very stable compared to the past year. As of the 23rd of November 2024, Change To Netincome is likely to grow to about 27.8 M, though Change In Cash is likely to grow to (5.3 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Begin Period Cash Flow | 11.2M | 6.4M | 15.2M | 15.4M | End Period Cash Flow | 6.4M | 8.4M | 9.7M | 14.5M |
Conifex Timber cash flow statement Correlations
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Conifex Timber Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Conifex Timber cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (17.3M) | 7.1M | (4.8M) | 2.1M | (5.5M) | (5.3M) | |
| Free Cash Flow | 40.4M | (8.5M) | 20.3M | 11.3M | (7.8M) | (8.2M) | |
| Change In Working Capital | 35.5M | (15.4M) | (26.5M) | (21.1M) | 30.1M | 31.6M | |
| Other Cashflows From Financing Activities | (38.4M) | (10.2M) | (7.3M) | 2.3M | 1.2M | 1.1M | |
| Other Non Cash Items | 34.5M | 7.4M | 5.5M | 2.8M | (386.9K) | (367.6K) | |
| Capital Expenditures | 2.5M | 2.2M | 6.4M | 13.5M | 6.6M | 6.3M | |
| Total Cash From Operating Activities | 42.9M | (6.3M) | 26.7M | 24.8M | (1.2M) | (1.1M) | |
| Net Income | (30.4M) | (6.8M) | 27.2M | 24.5M | (30.6M) | (29.1M) | |
| Total Cash From Financing Activities | (107.2M) | (207.4M) | (25.7M) | (9.9M) | 839.2K | 797.2K | |
| End Period Cash Flow | 7.6M | 14.8M | 6.4M | 8.4M | 9.7M | 14.5M | |
| Begin Period Cash Flow | 25.0M | 7.6M | 11.2M | 6.4M | 15.2M | 15.4M | |
| Change To Inventory | 19.6M | 2.3M | (27.4M) | (8.9M) | 26.2M | 27.5M | |
| Stock Based Compensation | 898.6K | (852K) | 527.9K | 745.6K | (90K) | (85.5K) | |
| Depreciation | 13.2M | 9.7M | 10.8M | 8.4M | 11.7M | 13.3M | |
| Change To Account Receivables | 9.7M | 2.7M | 1.6M | (1.6M) | 3.2M | 3.3M | |
| Sale Purchase Of Stock | 0.0 | (891.7K) | (14.3M) | (767.9K) | (44.2K) | (42.0K) | |
| Investments | 47.2M | 221.5M | (5.8M) | (12.8M) | (5.2M) | (5.5M) | |
| Net Borrowings | (70.0M) | (196.3M) | (4.2M) | 3.2M | 2.9M | 3.9M | |
| Total Cashflows From Investing Activities | 47.2M | 221.5M | (5.8M) | (12.8M) | (14.7M) | (15.5M) | |
| Change To Operating Activities | (2.8M) | (1.2M) | (4.6M) | (8.7M) | (7.9M) | (7.5M) | |
| Other Cashflows From Investing Activities | 12.2M | 223.6M | 554K | 717.3K | 824.9K | 783.7K | |
| Change To Netincome | 194.4M | 5.8M | 15.2M | 13.0M | 15.0M | 27.8M | |
| Change To Liabilities | 9.1M | (19.2M) | 3.9M | (1.9M) | (1.7M) | (1.6M) |
Pair Trading with Conifex Timber
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 Conifex Timber 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 Conifex Timber will appreciate offsetting losses from the drop in the long position's value.Moving together with Conifex Stock
The ability to find closely correlated positions to Conifex Timber could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Conifex Timber 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 Conifex Timber - 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 Conifex Timber to buy it.
The correlation of Conifex Timber 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 Conifex Timber moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Conifex Timber 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 Conifex Timber 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 Conifex Stock
The Cash Flow Statement is a financial statement that shows how changes in Conifex 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 Conifex's non-liquid assets can be easily converted into cash.