ICON Historical Cash Flow
| ICLR Stock | USD 216.76 2.51 1.17% |
Analysis of ICON PLC cash flow over time is an excellent tool to project ICON PLC 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 Begin Period Cash Flow of 197.2 M or Other Cashflows From Financing Activities of 60.2 M as it is a great indicator of ICON PLC ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining ICON PLC 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 ICON PLC is a good buy for the upcoming year.
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About ICON Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in ICON 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 ICON's non-liquid assets can be easily converted into cash.
ICON PLC 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.Capital Expenditures
Capital Expenditures are funds used by ICON PLC to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of ICON PLC 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 ICON PLC financial statement analysis. It represents the amount of money remaining after all of ICON PLC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from ICON PLC's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into ICON PLC 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICON PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in ICON Stock, please use our How to Invest in ICON PLC guide.At this time, ICON PLC's Net Income is relatively stable compared to the past year. As of 11/26/2024, Change To Netincome is likely to grow to about 28.2 M, while Begin Period Cash Flow is likely to drop slightly above 197.2 M.
ICON PLC cash flow statement Correlations
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ICON PLC Account Relationship Matchups
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High Negative Relationship
ICON PLC cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 124.5M | 320.0M | (88.1M) | (463.4M) | 89.3M | 93.8M | |
| Free Cash Flow | 361.9M | 543.7M | 735.4M | 421.2M | 1.0B | 1.1B | |
| Change In Working Capital | (82.7M) | 114.7M | 135.0M | (550.2M) | (114.8M) | (109.1M) | |
| Begin Period Cash Flow | 395.9M | 520.3M | 840.3M | 752.2M | 288.8M | 197.2M | |
| Other Cashflows From Financing Activities | (107K) | (33.3M) | 87.4M | 35.8M | 51.0M | 60.2M | |
| Depreciation | 61.6M | 95.1M | 315.0M | 569.5M | 627.5M | 658.9M | |
| Other Non Cash Items | 32.6M | (23.8M) | 152.7M | 93.2M | 65.8M | 69.0M | |
| Capital Expenditures | 50.6M | 51.1M | 93.8M | 142.2M | 140.7M | 147.7M | |
| Total Cash From Operating Activities | 412.5M | 594.7M | 829.1M | 563.3M | 1.2B | 1.2B | |
| Net Income | 375.9M | 331.4M | 153.2M | 505.3M | 612.3M | 643.0M | |
| Total Cash From Financing Activities | (125.4M) | (235.0M) | 5.1B | (864.2M) | (844.0M) | (801.8M) | |
| End Period Cash Flow | 520.3M | 840.3M | 752.2M | 288.8M | 378.1M | 207.0M | |
| Total Cashflows From Investing Activities | (162.0M) | (46.6M) | (6.0B) | (145.9M) | (131.3M) | (137.8M) | |
| Other Cashflows From Investing Activities | (133.1M) | 11.1M | (111.4M) | (10M) | (9M) | (9.5M) | |
| Change To Netincome | 28.8M | 31.7M | 213.1M | 21.0M | 24.1M | 28.2M | |
| Sale Purchase Of Stock | (133.1M) | (129.0M) | (146.9M) | (175M) | (100.0M) | 0.0 | |
| Change To Inventory | (45.2M) | (38K) | (69.7M) | (1.6M) | (1.5M) | (1.5M) | |
| Change To Account Receivables | (101.5M) | (175.0M) | 113.5M | (420.7M) | (78.6M) | (74.7M) | |
| Change To Liabilities | 90.0M | 318.3M | (69.1M) | 192.9M | 221.9M | 233.0M | |
| Stock Based Compensation | 26.8M | 26.3M | 133.8M | 70.5M | 55.7M | 31.5M | |
| Investments | (162.0M) | (46.6M) | (6.0M) | (145.9M) | (163.0M) | (154.9M) | |
| Change To Operating Activities | (16.2M) | (26.9M) | 108.3M | 10.1M | 11.6M | 12.2M |
Pair Trading with ICON PLC
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 ICON PLC 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 ICON PLC will appreciate offsetting losses from the drop in the long position's value.Moving together with ICON Stock
| 0.7 | A | Agilent Technologies Sell-off Trend | PairCorr |
| 0.84 | ME | 23Andme Holding | PairCorr |
| 0.76 | VALN | Valneva SE ADR | PairCorr |
Moving against ICON Stock
| 0.9 | EXEL | Exelixis | PairCorr |
| 0.83 | BMY | Bristol Myers Squibb Sell-off Trend | PairCorr |
| 0.67 | EWTX | Edgewise Therapeutics | PairCorr |
| 0.5 | KTTAW | Pasithea Therapeutics | PairCorr |
| 0.37 | VRDN | Viridian Therapeutics | PairCorr |
The ability to find closely correlated positions to ICON PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ICON PLC 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 ICON PLC - 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 ICON PLC to buy it.
The correlation of ICON PLC 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 ICON PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ICON PLC 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 ICON PLC 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 ICON Stock Analysis
When running ICON PLC's price analysis, check to measure ICON PLC'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 ICON PLC is operating at the current time. Most of ICON PLC's value examination focuses on studying past and present price action to predict the probability of ICON PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ICON PLC's price. Additionally, you may evaluate how the addition of ICON PLC to your portfolios can decrease your overall portfolio volatility.