Civeo Historical Cash Flow
| CVEO Stock | USD 23.94 0.26 1.07% |
Analysis of Civeo Corp cash flow over time is an excellent tool to project Civeo Corp 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 Stock Based Compensation of 6.5 M or Free Cash Flow of 54 M as it is a great indicator of Civeo Corp ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Civeo Corp 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 Civeo Corp is a good buy for the upcoming year.
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About Civeo Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Civeo 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 Civeo's non-liquid assets can be easily converted into cash.
Civeo Corp Cash Flow Chart
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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.Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.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.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.Capital Expenditures
Capital Expenditures are funds used by Civeo Corp to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Civeo Corp operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most accounts from Civeo Corp's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Civeo Corp 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 Civeo Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Civeo Stock, please use our How to Invest in Civeo Corp guide.At this time, Civeo Corp's Cash And Cash Equivalents Changes is very stable compared to the past year. As of the 26th of November 2024, Other Cashflows From Investing Activities is likely to grow to about 15.6 M, while Change To Inventory is likely to drop 4,750.
| 2021 | 2022 | 2023 | 2024 (projected) | Free Cash Flow | 73.0M | 66.4M | 64.9M | 54.0M | Stock Based Compensation | 4.1M | 3.8M | 4.5M | 6.5M |
Civeo Corp cash flow statement Correlations
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Civeo Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Civeo Corp cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (87K) | 171K | (526K) | (1.8M) | 5K | 4.8K | |
| Change In Cash | (9.0M) | 2.8M | 127K | 1.7M | (4.6M) | (4.4M) | |
| Stock Based Compensation | 10.1M | 6.1M | 4.1M | 3.8M | 4.5M | 6.5M | |
| Free Cash Flow | 44.7M | 107.3M | 73.0M | 66.4M | 64.9M | 54.0M | |
| Change In Working Capital | (14.3M) | 19.9M | (8.8M) | (13.9M) | (1.6M) | (1.5M) | |
| Begin Period Cash Flow | 12.4M | 3.3M | 6.2M | 6.3M | 8.0M | 7.6M | |
| Other Cashflows From Financing Activities | (4.4M) | (2.2M) | 43.6M | (31.6M) | (14.5M) | (13.8M) | |
| Depreciation | 123.8M | 96.5M | 83.1M | 87.2M | 75.1M | 98.9M | |
| Other Non Cash Items | 24.9M | 138.8M | 4.5M | 4.2M | (18.4M) | (17.5M) | |
| Capital Expenditures | 29.8M | 10.1M | 15.6M | 25.4M | 31.6M | 30.1M | |
| Total Cash From Operating Activities | 74.5M | 117.4M | 88.5M | 91.8M | 96.6M | 126.0M | |
| Change To Account Receivables | (20.5M) | 13.7M | (28.1M) | (14.4M) | (22.3M) | (21.2M) | |
| Net Income | (58.3M) | (132.8M) | 2.5M | 6.3M | 30.2M | 31.7M | |
| Total Cash From Financing Activities | (44.6M) | (114.2M) | (86.5M) | (79.7M) | (86.8M) | (91.1M) | |
| End Period Cash Flow | 3.3M | 6.2M | 6.3M | 8.0M | 3.3M | 3.2M | |
| Change To Netincome | 23.3M | 133.7M | 12.8M | 12.2M | 10.9M | 10.4M | |
| Change To Liabilities | 8.4M | 6.8M | 15.4M | 12.3M | 14.2M | 14.9M | |
| Change Receivables | (20.5M) | 13.7M | (28.1M) | (14.4M) | (13.0M) | (12.4M) | |
| Net Borrowings | (40.3M) | (112.7M) | (76.3M) | (33.8M) | (30.4M) | (28.9M) | |
| Total Cashflows From Investing Activities | (38.6M) | (1.8M) | (706K) | (8.9M) | (10.3M) | (10.8M) | |
| Dividends Paid | 1.8M | 1.9M | 1.9M | 1.7M | 7.4M | 7.8M | |
| Cash And Cash Equivalents Changes | (8.7M) | 1.4M | 1.3M | 3.2M | 3.6M | 3.8M | |
| Cash Flows Other Operating | (2.0M) | (725K) | 4.5M | (10.0M) | (11.5M) | (10.9M) | |
| Change To Operating Activities | (2.0M) | (725K) | 4.5M | (10.0M) | (11.5M) | (10.9M) | |
| Other Cashflows From Investing Activities | (8.8M) | 8.3M | 559K | 16.5M | 14.8M | 15.6M | |
| Investments | (38.6M) | (1.8M) | (706K) | (8.9M) | (17.8M) | (18.6M) |
Pair Trading with Civeo Corp
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 Civeo Corp 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 Civeo Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Civeo Stock
Moving against Civeo Stock
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The ability to find closely correlated positions to Civeo Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Civeo Corp 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 Civeo Corp - 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 Civeo Corp to buy it.
The correlation of Civeo Corp 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 Civeo Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Civeo Corp 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 Civeo Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Civeo Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Civeo Stock, please use our How to Invest in Civeo Corp guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Commercial Services & Supplies 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 Civeo Corp. If investors know Civeo 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 Civeo Corp 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 0.878 | Dividend Share 1 | Earnings Share 1.4 | Revenue Per Share 48.289 | Quarterly Revenue Growth (0.04) |
The market value of Civeo Corp is measured differently than its book value, which is the value of Civeo that is recorded on the company's balance sheet. Investors also form their own opinion of Civeo Corp's value that differs from its market value or its book value, called intrinsic value, which is Civeo Corp'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 Civeo Corp's market value can be influenced by many factors that don't directly affect Civeo Corp'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 Civeo Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Civeo Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Civeo Corp'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.