Pieridae Historical Cash Flow
| PEA Stock | CAD 0.22 0.01 4.76% |
Analysis of Pieridae Energy cash flow over time is an excellent tool to project Pieridae Energy 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 Capital Expenditures of 58.3 M or Total Cash From Operating Activities of 109.4 M as it is a great indicator of Pieridae Energy ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Pieridae Energy 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 Pieridae Energy is a good buy for the upcoming year.
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About Pieridae Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Pieridae 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 Pieridae's non-liquid assets can be easily converted into cash.
Pieridae Energy 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 Pieridae Energy to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Pieridae Energy 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 Pieridae Energy's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Pieridae Energy 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 Pieridae Energy. 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, Pieridae Energy's Net Income is very stable compared to the past year. As of the 1st of December 2024, Other Cashflows From Investing Activities is likely to grow to about 12.9 M, though Change In Cash is likely to grow to (3.7 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Capital Expenditures | 34.9M | 39.5M | 55.5M | 58.3M | Depreciation | 48.4M | 56.2M | 63.8M | 67.0M |
Pieridae Energy cash flow statement Correlations
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Pieridae Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pieridae Energy cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 455K | 1.5M | 15.1M | (3.9M) | (3.9M) | (3.7M) | |
| Free Cash Flow | (54.9M) | (16.3M) | 16.2M | 48.6M | 48.7M | 51.1M | |
| Change In Working Capital | (36.1M) | 15.8M | 38.1M | (66.2M) | 21.6M | 22.7M | |
| Begin Period Cash Flow | 9.1M | 9.6M | 11.1M | 26.2M | 22.9M | 24.1M | |
| Other Cashflows From Financing Activities | 200.5M | 17.0M | (453K) | (425.0K) | (15.2M) | (14.5M) | |
| Depreciation | 24.9M | 44.9M | 48.4M | 56.2M | 63.8M | 67.0M | |
| Capital Expenditures | 3.1M | 17.2M | 34.9M | 39.5M | 55.5M | 58.3M | |
| Total Cash From Operating Activities | (51.8M) | 909K | 51.1M | 88.2M | 104.2M | 109.4M | |
| Net Income | (71.6M) | (100.7M) | (39.8M) | 146.6M | 9.0M | 9.4M | |
| Total Cash From Financing Activities | 220.4M | 14.3M | (2.8M) | (63.1M) | (49.2M) | (46.8M) | |
| End Period Cash Flow | 9.6M | 11.1M | 26.2M | 22.3M | 19.0M | 9.9M | |
| Other Non Cash Items | 54.4M | 84.8M | 52.3M | 30.1M | 13.2M | 12.9M | |
| Stock Based Compensation | 1.5M | 983K | 508K | 460K | 394K | 374.3K | |
| Sale Purchase Of Stock | 81.0M | 64K | 0.0 | 1.0M | 1.2M | 1.1M | |
| Change To Account Receivables | (154K) | 287K | (24.6M) | (4.1M) | (3.7M) | (3.9M) | |
| Total Cashflows From Investing Activities | (169.2M) | (13.7M) | (33.5M) | (28.9M) | (26.0M) | (27.3M) | |
| Investments | (169.2M) | (13.7M) | (33.5M) | (28.9M) | (58.9M) | (61.8M) | |
| Net Borrowings | (15.9M) | 154.9M | (2.8M) | (2.3M) | (2.7M) | (2.6M) | |
| Change To Operating Activities | (55K) | (1.3M) | (5.0M) | 38.1M | 43.8M | 46.0M | |
| Change To Netincome | 437K | 25.8M | (2.3M) | (70.8M) | (63.7M) | (60.5M) |
Pair Trading with Pieridae Energy
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 Pieridae Energy 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 Pieridae Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Pieridae Stock
| 0.86 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.83 | ENS | E Split Corp | PairCorr |
| 0.74 | ENS-PA | E Split Corp | PairCorr |
| 0.65 | ENB-PFU | Enbridge Pref L | PairCorr |
| 0.4 | ENB-PFC | Enbridge Pref 11 | PairCorr |
The ability to find closely correlated positions to Pieridae Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pieridae Energy 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 Pieridae Energy - 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 Pieridae Energy to buy it.
The correlation of Pieridae Energy 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 Pieridae Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pieridae Energy 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 Pieridae Energy 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 Pieridae Stock
The Cash Flow Statement is a financial statement that shows how changes in Pieridae 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 Pieridae's non-liquid assets can be easily converted into cash.