Payfare Historical Cash Flow
| PAY Stock | CAD 1.98 0.03 1.49% |
Analysis of Payfare cash flow over time is an excellent tool to project Payfare 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 Net Income of 13.8 M or Total Cash From Financing Activities of 10.2 M as it is a great indicator of Payfare ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Payfare 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 Payfare is a good buy for the upcoming year.
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About Payfare Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Payfare 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 Payfare's non-liquid assets can be easily converted into cash.
Payfare Cash Flow Chart
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Capital Expenditures
Capital Expenditures are funds used by Payfare to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Payfare operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.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.Most accounts from Payfare's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Payfare 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 Payfare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Payfare's Stock Based Compensation is very stable compared to the past year. As of the 26th of November 2024, Free Cash Flow is likely to grow to about 17.9 M, though Sale Purchase Of Stock is likely to grow to (181.7 K).
| 2021 | 2022 | 2023 | 2024 (projected) | Capital Expenditures | 1.1M | 3.6M | 5.6M | 5.9M | Depreciation | 947.7K | 1.4M | 3.3M | 3.5M |
Payfare cash flow statement Correlations
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Payfare Account Relationship Matchups
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Payfare cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Sale Purchase Of Stock | 6.2M | 2.5M | 79.9M | (5.4M) | (191.2K) | (181.7K) | |
| Change To Inventory | (21.4M) | (80.6K) | (8.1M) | (7.7M) | (7.0M) | (6.6M) | |
| Change In Cash | 622.9K | 673.4K | 39.3M | 1.7M | (126.2M) | (119.9M) | |
| Net Borrowings | 7.7M | 2.0M | (18.0M) | (60K) | (54K) | (51.3K) | |
| Total Cashflows From Investing Activities | (1.1M) | (726.9K) | (1.1M) | (3.6M) | (3.2M) | (3.0M) | |
| Other Cashflows From Financing Activities | 27.2M | 5.7M | 434.8K | 2.7M | 5.7M | 5.4M | |
| Depreciation | 1.0M | 1.1M | 947.7K | 1.4M | 3.3M | 3.5M | |
| Capital Expenditures | 1.1M | 726.9K | 1.1M | 3.6M | 5.6M | 5.9M | |
| Total Cash From Operating Activities | (11.3M) | (1.7M) | (14.7M) | 7.9M | 22.6M | 23.8M | |
| Change To Account Receivables | 259.3K | 3.0M | (840.7K) | (1.1M) | (2.3M) | (2.2M) | |
| Change To Operating Activities | (1.9M) | 1.8M | (9.7M) | (4.5M) | (4.1M) | (3.9M) | |
| Net Income | (23.9M) | (26.3M) | (21.4M) | (2.9M) | 13.1M | 13.8M | |
| Total Cash From Financing Activities | 13.0M | 3.1M | 55.1M | (2.7M) | 5.5M | 10.2M | |
| Change To Netincome | 4.5M | 7.2M | 10.6M | 7.4M | 8.6M | 5.4M | |
| Change To Liabilities | (504.5K) | 258.9K | 8.0M | 7.6M | 8.8M | 9.2M | |
| Investments | (1.1M) | (726.9K) | (1.1M) | (3.6M) | (5.6M) | (5.3M) | |
| Stock Based Compensation | 4.9M | 8.6M | 5.5M | 7.4M | 3.9M | 6.1M | |
| Free Cash Flow | (12.4M) | (2.4M) | (15.8M) | 4.3M | 17.0M | 17.9M | |
| Change In Working Capital | (2.2M) | 5.0M | (2.5M) | 2.0M | 2.0M | 2.1M | |
| Begin Period Cash Flow | 326.2K | 949.0K | 1.6M | 40.9M | 204.4M | 214.6M | |
| Other Non Cash Items | 9.4M | 10.5M | 2.8M | (44.4K) | 13.2M | 13.8M | |
| End Period Cash Flow | 949.0K | 1.6M | 40.9M | 42.6M | 78.2M | 82.1M |
Pair Trading with Payfare
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 Payfare 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 Payfare will appreciate offsetting losses from the drop in the long position's value.Moving against Payfare Stock
| 0.88 | ETG | Entree Resources | PairCorr |
| 0.79 | IMP | Intermap Technologies | PairCorr |
| 0.76 | NVDA | NVIDIA CDR | PairCorr |
| 0.69 | TD-PFI | Toronto Dominion Bank | PairCorr |
| 0.65 | CDR | Condor Energies | PairCorr |
The ability to find closely correlated positions to Payfare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Payfare 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 Payfare - 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 Payfare to buy it.
The correlation of Payfare 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 Payfare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Payfare 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 Payfare 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.Other Information on Investing in Payfare Stock
The Cash Flow Statement is a financial statement that shows how changes in Payfare 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 Payfare's non-liquid assets can be easily converted into cash.