Otter Historical Cash Flow
| OTTR Stock | USD 80.88 0.65 0.81% |
Analysis of Otter Tail cash flow over time is an excellent tool to project Otter Tail 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 Dividends Paid of 44.2 M or Capital Expenditures of 301.5 M as it is a great indicator of Otter Tail ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Otter Tail 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 Otter Tail is a good buy for the upcoming year.
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About Otter Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Otter 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 Otter's non-liquid assets can be easily converted into cash.
Otter Tail Cash Flow Chart
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Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.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.Most accounts from Otter Tail's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Otter Tail 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Otter Tail. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Otter Stock, please use our How to Invest in Otter Tail guide.At this time, Otter Tail's Change Receivables is relatively stable compared to the past year. As of 11/29/2024, Cash And Cash Equivalents Changes is likely to grow to about 141.8 M, though Other Cashflows From Financing Activities is likely to grow to (858.8 K).
| 2021 | 2022 | 2023 | 2024 (projected) | Capital Expenditures | 171.8M | 171.1M | 287.1M | 301.5M | Dividends Paid | 64.9M | 68.8M | 73.1M | 44.2M |
Otter Tail cash flow statement Correlations
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Otter Tail Account Relationship Matchups
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High Negative Relationship
Otter Tail cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 20.3M | (20.0M) | 374K | 117.5M | 111.4M | 116.9M | |
| Free Cash Flow | (22.3M) | (159.6M) | 59.4M | 218.2M | 117.4M | 123.2M | |
| Change In Working Capital | 10.9M | 21.2M | (58.1M) | (7.8M) | (518K) | (543.9K) | |
| Begin Period Cash Flow | 861K | 21.2M | 1.2M | 1.5M | 119.0M | 124.9M | |
| Other Cashflows From Financing Activities | 95.7M | 153.8M | 146.5M | 4.9M | (904K) | (858.8K) | |
| Other Non Cash Items | (6.9M) | (7.4M) | (13.9M) | (18.2M) | (7.6M) | (7.3M) | |
| Dividends Paid | 55.7M | 60.3M | 64.9M | 68.8M | 73.1M | 44.2M | |
| Capital Expenditures | 207.4M | 371.6M | 171.8M | 171.1M | 287.1M | 301.5M | |
| Total Cash From Operating Activities | 185.0M | 211.9M | 231.2M | 389.3M | 404.5M | 424.7M | |
| Net Income | 86.8M | 95.9M | 176.8M | 284.2M | 294.2M | 308.9M | |
| Total Cash From Financing Activities | 44.8M | 143.7M | (59.4M) | (96.8M) | (3.8M) | (4.0M) | |
| End Period Cash Flow | 21.2M | 1.2M | 1.5M | 119.0M | 230.4M | 241.9M | |
| Sale Purchase Of Stock | (2.7M) | (2.1M) | (1.5M) | (2.9M) | (3.1M) | (3.2M) | |
| Other Cashflows From Investing Activities | 8.5M | 5.0M | 9.7M | 4.3M | 3.9M | 3.7M | |
| Change To Inventory | 8.4M | 5.7M | (54.3M) | 5.3M | (2.5M) | (2.6M) | |
| Change To Account Receivables | 1.1M | (6.9M) | (49.6M) | 30.6M | (12.8M) | (12.1M) | |
| Stock Based Compensation | 6.0M | 6.3M | 6.9M | 6.8M | 7.8M | 4.4M | |
| Depreciation | 78.1M | 82.0M | 91.4M | 92.6M | 98.0M | 82.5M | |
| Investments | (10.6M) | (9.1M) | (9.4M) | (175.1M) | (279.5M) | (265.6M) | |
| Change Receivables | (1.9M) | (6.3M) | (61.0M) | 30.6M | 35.1M | 36.9M | |
| Net Borrowings | 86.3M | 149.4M | 10.0M | (23.0M) | (26.4M) | (25.1M) | |
| Total Cashflows From Investing Activities | (209.5M) | (375.7M) | (171.5M) | (175.1M) | (157.6M) | (165.4M) | |
| Cash And Cash Equivalents Changes | 20.3M | (20.0M) | 374K | 117.5M | 135.1M | 141.8M | |
| Cash Flows Other Operating | 21.2M | 9.2M | (12.6M) | (2.3M) | (2.1M) | (2.0M) | |
| Change To Netincome | (7.5M) | 5.8M | 23.9M | 14.2M | 12.8M | 9.9M | |
| Change To Liabilities | (171K) | 19.7M | 67.1M | (35.3M) | (31.7M) | (30.1M) | |
| Change To Operating Activities | 4.5M | 2.1M | 18.5M | (13.9M) | (16.0M) | (15.2M) |
Pair Trading with Otter Tail
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 Otter Tail 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 Otter Tail will appreciate offsetting losses from the drop in the long position's value.Moving against Otter Stock
| 0.54 | BIP-PA | Brookfield Infrastructure | PairCorr |
| 0.5 | BIP-PB | Brookfield Infrastructure | PairCorr |
| 0.49 | SO | Southern | PairCorr |
| 0.45 | ED | Consolidated Edison Sell-off Trend | PairCorr |
| 0.41 | AES | AES | PairCorr |
The ability to find closely correlated positions to Otter Tail could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Otter Tail 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 Otter Tail - 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 Otter Tail to buy it.
The correlation of Otter Tail 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 Otter Tail moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Otter Tail 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 Otter Tail 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 Otter Stock Analysis
When running Otter Tail's price analysis, check to measure Otter Tail'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 Otter Tail is operating at the current time. Most of Otter Tail's value examination focuses on studying past and present price action to predict the probability of Otter Tail's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Otter Tail's price. Additionally, you may evaluate how the addition of Otter Tail to your portfolios can decrease your overall portfolio volatility.