Sobr Historical Cash Flow
| SOBR Stock | USD 5.34 0.21 4.09% |
Analysis of Sobr Safe cash flow over time is an excellent tool to project Sobr Safe 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 0.0 or End Period Cash Flow of 2.9 M as it is a great indicator of Sobr Safe ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Sobr Safe 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 Sobr Safe is a good buy for the upcoming year.
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About Sobr Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Sobr 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 Sobr's non-liquid assets can be easily converted into cash.
Sobr Safe Cash Flow Chart
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Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Sobr Safe financial statement analysis. It represents the amount of money remaining after all of Sobr Safe operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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 Sobr Safe's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Sobr Safe 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sobr Safe. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in Sobr Stock, please use our How to Invest in Sobr Safe guide.At this time, Sobr Safe's Issuance Of Capital Stock is relatively stable compared to the past year. As of 11/29/2024, Net Borrowings is likely to grow to about 5.4 M, though Free Cash Flow is likely to grow to (5.6 M).
| 2020 | 2021 | 2023 | 2024 (projected) | Change To Liabilities | 113.2K | 168.8K | 194.2K | 111.5K | Change To Netincome | 26.0M | 1.3M | 1.4M | 1.4M |
Sobr Safe cash flow statement Correlations
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Sobr Safe Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sobr Safe cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (53.0) | (448.9K) | 649.4K | 7.7M | (5.8M) | (5.5M) | |
| Free Cash Flow | (61.4K) | (2.2M) | (3.7M) | (6.2M) | (5.9M) | (5.6M) | |
| Change In Working Capital | 430.6K | 105.3K | 472.9K | 929.9K | 977.7K | 1.0M | |
| Begin Period Cash Flow | 142.0 | 681.8K | 232.8K | 882.3K | 8.6M | 9.0M | |
| Other Non Cash Items | 80.0 | 1.4M | 2.1M | 3.5M | 3.4M | 3.6M | |
| Total Cash From Operating Activities | (61.4K) | (2.2M) | (3.7M) | (6.2M) | (5.9M) | (5.6M) | |
| Net Income | (559.0K) | (30.0M) | (7.9M) | (12.4M) | (10.2M) | (9.7M) | |
| End Period Cash Flow | 89.0 | 232.8K | 882.3K | 8.6M | 2.8M | 2.9M | |
| Stock Based Compensation | 44.1K | 54.3K | 473.7K | 1.4M | 2.2M | 2.4M | |
| Other Cashflows From Financing Activities | 61.3K | (29.1M) | 4.4M | 6.1M | (1.5M) | (1.6M) | |
| Total Cash From Financing Activities | 61.3K | 1.7M | 4.3M | 13.9M | 139.2K | 132.3K |
Pair Trading with Sobr Safe
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 Sobr Safe 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 Sobr Safe will appreciate offsetting losses from the drop in the long position's value.Moving together with Sobr Stock
Moving against Sobr Stock
| 0.81 | TDY | Teledyne Technologies Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.8 | ESE | ESCO Technologies | PairCorr |
| 0.74 | GNSS | Genasys Earnings Call This Week | PairCorr |
| 0.69 | VNT | Vontier Corp | PairCorr |
| 0.66 | FARO | FARO Technologies | PairCorr |
The ability to find closely correlated positions to Sobr Safe could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sobr Safe 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 Sobr Safe - 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 Sobr Safe to buy it.
The correlation of Sobr Safe 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 Sobr Safe moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sobr Safe 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 Sobr Safe 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 Sobr Stock Analysis
When running Sobr Safe's price analysis, check to measure Sobr Safe'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 Sobr Safe is operating at the current time. Most of Sobr Safe's value examination focuses on studying past and present price action to predict the probability of Sobr Safe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sobr Safe's price. Additionally, you may evaluate how the addition of Sobr Safe to your portfolios can decrease your overall portfolio volatility.