Insteel Historical Cash Flow
| IIIN Stock | USD 30.47 0.36 1.20% |
Analysis of Insteel Industries cash flow over time is an excellent tool to project Insteel Industries 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 Change In Working Capital of 18.5 M or Begin Period Cash Flow of 132 M as it is a great indicator of Insteel Industries ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Insteel Industries 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 Insteel Industries is a good buy for the upcoming year.
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About Insteel Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Insteel 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 Insteel's non-liquid assets can be easily converted into cash.
Insteel Industries 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.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 Insteel Industries to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Insteel Industries 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 Insteel Industries financial statement analysis. It represents the amount of money remaining after all of Insteel Industries operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Insteel Industries' cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Insteel Industries 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 Insteel Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Insteel Stock, please use our How to Invest in Insteel Industries guide.At this time, Insteel Industries' Change To Account Receivables is very stable compared to the past year. As of the 25th of November 2024, End Period Cash Flow is likely to grow to about 117.1 M, though Change In Cash is likely to grow to (13.4 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Capital Expenditures | 15.9M | 30.7M | 19.1M | 11.6M | Dividends Paid | 41.2M | 41.3M | 50.9M | 53.5M |
Insteel Industries cash flow statement Correlations
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Insteel Industries Account Relationship Matchups
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Insteel Industries cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 5.1M | (10.1M) | (118.6M) | 94.3M | 14.5M | 15.2M | |
| Change In Cash | 30.5M | 21.2M | (41.6M) | 77.4M | (14.1M) | (13.4M) | |
| Free Cash Flow | 49.1M | 52.4M | (10.2M) | 111.5M | 39.1M | 41.0M | |
| Change In Working Capital | 22.5M | (13.2M) | (135.8M) | 97.6M | 17.6M | 18.5M | |
| Begin Period Cash Flow | 38.2M | 68.7M | 89.9M | 48.3M | 125.7M | 132.0M | |
| Other Cashflows From Financing Activities | 92K | 714K | 1.4M | (609K) | 76K | 72.2K | |
| Depreciation | 14.3M | 14.5M | 14.5M | 13.3M | 15.4M | 8.5M | |
| Other Non Cash Items | (1.1M) | 72K | (779K) | (3.7M) | (1.4M) | (1.3M) | |
| Dividends Paid | 2.3M | 31.3M | 41.2M | 41.3M | 50.9M | 53.5M | |
| Capital Expenditures | 7.1M | 17.5M | 15.9M | 30.7M | 19.1M | 11.6M | |
| Total Cash From Operating Activities | 56.2M | 69.9M | 5.7M | 142.2M | 58.2M | 61.1M | |
| Change To Account Receivables | (5.8M) | (14.1M) | (13.7M) | 18.2M | 5.1M | 5.4M | |
| Net Income | 19.0M | 66.6M | 125.0M | 32.4M | 19.3M | 17.5M | |
| Total Cash From Financing Activities | (2.5M) | (30.9M) | (41.2M) | (44.0M) | (52.7M) | (50.1M) | |
| End Period Cash Flow | 68.7M | 89.9M | 48.3M | 125.7M | 111.5M | 117.1M | |
| Stock Based Compensation | 2.0M | 2.0M | 2.4M | 2.4M | 3.1M | 2.0M | |
| Sale Purchase Of Stock | (230K) | (665K) | (1.2M) | (2.3M) | (1.8M) | (1.9M) | |
| Total Cashflows From Investing Activities | (23.2M) | (17.8M) | (6.0M) | (20.9M) | (18.8M) | (19.7M) | |
| Other Cashflows From Investing Activities | 70K | (384K) | 9.9M | (118K) | (106.2K) | (111.5K) | |
| Change To Liabilities | 20.2M | 11.9M | (2.0M) | (16.9M) | (15.3M) | (14.5M) | |
| Change To Netincome | 390K | 1.9M | (119.3M) | (1.1M) | (1.0M) | (1.1M) | |
| Change To Operating Activities | 3.1M | (900K) | (1.5M) | 1.9M | 2.2M | 2.3M | |
| Investments | (23.2M) | (17.8M) | (6.0M) | (20.9M) | (19.6M) | (20.6M) |
Pair Trading with Insteel Industries
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 Insteel Industries 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 Insteel Industries will appreciate offsetting losses from the drop in the long position's value.Moving against Insteel Stock
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| 0.46 | MTEN | Mingteng International | PairCorr |
The ability to find closely correlated positions to Insteel Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Insteel Industries 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 Insteel Industries - 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 Insteel Industries to buy it.
The correlation of Insteel Industries 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 Insteel Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Insteel Industries 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 Insteel Industries 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Insteel Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Insteel Stock, please use our How to Invest in Insteel Industries guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Building Products 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 Insteel Industries. If investors know Insteel 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 Insteel Industries 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 (0.17) | Dividend Share 0.12 | Earnings Share 0.99 | Revenue Per Share 27.136 | Quarterly Revenue Growth (0.15) |
The market value of Insteel Industries is measured differently than its book value, which is the value of Insteel that is recorded on the company's balance sheet. Investors also form their own opinion of Insteel Industries' value that differs from its market value or its book value, called intrinsic value, which is Insteel Industries' 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 Insteel Industries' market value can be influenced by many factors that don't directly affect Insteel Industries' 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 Insteel Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Insteel Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Insteel Industries' 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.