Main Historical Cash Flow
| MAIN Stock | USD 53.97 0.79 1.49% |
Analysis of Main Street cash flow over time is an excellent tool to project Main Street Capital 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 40.1 M or Dividends Paid of 285.2 M as it is a great indicator of Main Street ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Main Street Capital 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 Main Street Capital is a good buy for the upcoming year.
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About Main Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Main 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 Main's non-liquid assets can be easily converted into cash.
Main Street 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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Main Street Capital financial statement analysis. It represents the amount of money remaining after all of Main Street Capital operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Main Street's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Main Street Capital 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Main Street Capital. 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. At this time, Main Street's Stock Based Compensation is very stable compared to the past year. As of the 22nd of November 2024, Depreciation is likely to grow to about 3.5 M, while Change In Working Capital is likely to drop about 3.9 M.
Main Street cash flow statement Correlations
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Main Street Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Main Street cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 1.1M | (23.3M) | 710K | 16.5M | 11.0M | 11.5M | |
| Free Cash Flow | (33.8M) | (54.1M) | (515.4M) | (246.9M) | 285.3M | 299.6M | |
| Change In Working Capital | 4.2M | 6.0M | 28.0M | (10.5M) | 5.8M | 3.9M | |
| Begin Period Cash Flow | 54.2M | 55.2M | 31.9M | 32.6M | 49.1M | 40.1M | |
| Other Cashflows From Financing Activities | (3.9M) | (1.9M) | (5.3M) | 1.1B | (9.4M) | (9.0M) | |
| Other Non Cash Items | (181.1M) | (91.8M) | (776.6M) | (485.0M) | (168.8M) | (160.3M) | |
| Dividends Paid | 164.3M | 144.5M | 160.5M | 194.2M | 271.6M | 285.2M | |
| Total Cash From Operating Activities | (33.8M) | (54.1M) | (515.4M) | (246.9M) | 285.3M | 299.6M | |
| Net Income | 129.6M | 29.4M | 330.8M | 241.6M | 428.4M | 449.9M | |
| Total Cash From Financing Activities | 34.9M | 30.8M | 516.1M | 263.4M | (274.4M) | (260.6M) | |
| End Period Cash Flow | 55.2M | 31.9M | 32.6M | 49.1M | 60.1M | 43.5M | |
| Change To Liabilities | 7.4M | (2.8M) | 20.3M | 12.3M | 14.1M | 14.8M | |
| Sale Purchase Of Stock | 962.9M | 564.7M | 1.7B | (4.9M) | (6.0M) | (5.7M) | |
| Stock Based Compensation | 10.1M | 10.8M | 10.9M | 13.6M | 16.5M | 17.3M | |
| Depreciation | 5.8M | 5.6M | (135.6M) | (24.8M) | 3.3M | 3.5M | |
| Change To Account Receivables | (6.7M) | 4.6M | (5.5M) | (28.2M) | (8.5M) | (8.1M) | |
| Net Borrowings | 115M | 92M | 591.2M | 202M | 232.3M | 180.8M | |
| Change To Operating Activities | 3.4M | 4.2M | 13.2M | 5.5M | 6.3M | 5.2M | |
| Change To Netincome | (171.3M) | (92.0M) | (877.2M) | (481.0M) | (432.9M) | (454.5M) | |
| Issuance Of Capital Stock | 89.3M | 84.4M | 98.9M | 265.6M | 236.3M | 156.4M |
Pair Trading with Main Street
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 Main Street 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 Main Street will appreciate offsetting losses from the drop in the long position's value.Moving together with Main Stock
| 0.72 | V | Visa Class A | PairCorr |
| 0.84 | DIST | Distoken Acquisition | PairCorr |
| 0.86 | AB | AllianceBernstein | PairCorr |
| 0.91 | AC | Associated Capital | PairCorr |
Moving against Main Stock
The ability to find closely correlated positions to Main Street could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Main Street 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 Main Street - 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 Main Street Capital to buy it.
The correlation of Main Street 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 Main Street moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Main Street Capital 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 Main Street 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Main Street Capital. 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. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Asset Management & Custody Banks 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 Main Street. If investors know Main 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 Main Street 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 0.139 | Dividend Share 2.88 | Earnings Share 5.53 | Revenue Per Share 6.175 | Quarterly Revenue Growth 0.11 |
The market value of Main Street Capital is measured differently than its book value, which is the value of Main that is recorded on the company's balance sheet. Investors also form their own opinion of Main Street's value that differs from its market value or its book value, called intrinsic value, which is Main Street'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 Main Street's market value can be influenced by many factors that don't directly affect Main Street'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 Main Street's value and its price as these two are different measures arrived at by different means. Investors typically determine if Main Street is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Main Street'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.