Steel Historical Cash Flow
| SPLP Stock | USD 41.05 0.05 0.12% |
Analysis of Steel Partners cash flow over time is an excellent tool to project Steel Partners Holdings 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 Other Non Cash Items of 91.6 M or Capital Expenditures of 36.4 M as it is a great indicator of Steel Partners ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Steel Partners Holdings 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 Steel Partners Holdings is a good buy for the upcoming year.
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About Steel Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Steel 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 Steel's non-liquid assets can be easily converted into cash.
Steel Partners Cash Flow Chart
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Depreciation
Depreciation indicates how much of Steel Partners Holdings value has been used up. For tax purposes Steel Partners can deduct the cost of the tangible assets it purchases as business expenses. However, Steel Partners Holdings must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.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.Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.Most accounts from Steel Partners' cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Steel Partners Holdings 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 Steel Partners Holdings. 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 economic analysis. At this time, Steel Partners' Dividends Paid is relatively stable compared to the past year. As of 11/26/2024, Change To Account Receivables is likely to grow to about 5 M, though Change In Working Capital is likely to grow to (232.7 M).
Steel Partners cash flow statement Correlations
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Steel Partners Account Relationship Matchups
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High Negative Relationship
Steel Partners cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Sale Purchase Of Stock | (6.7M) | (20.5M) | (45.0M) | (45.0M) | (20.0M) | (21.0M) | |
| Change In Cash | (199.0M) | (2.2M) | 189.6M | (90.9M) | 343.5M | 360.7M | |
| Free Cash Flow | 68.7M | 300.9M | 25.4M | (257.8M) | (30.2M) | (28.7M) | |
| Change In Working Capital | (53.6M) | 137.2M | (188.3M) | (421.3M) | (245.0M) | (232.7M) | |
| Begin Period Cash Flow | 347.3M | 137.9M | 135.8M | 325.4M | 234.4M | 263.9M | |
| Other Cashflows From Financing Activities | 42.6M | (400.5M) | 466.5M | 643.0M | 509.7M | 535.2M | |
| Depreciation | 72.3M | 65.3M | 60.5M | 53.8M | 56.6M | 52.8M | |
| Other Non Cash Items | 75.4M | 15.2M | (1.1M) | (98.7M) | 87.2M | 91.6M | |
| Capital Expenditures | 43.0M | 23.2M | 52.3M | 47.5M | 51.5M | 36.4M | |
| Total Cash From Operating Activities | 111.7M | 324.1M | 77.8M | (210.2M) | 21.2M | 20.2M | |
| Net Income | 3.9M | 83.5M | 132.4M | 206.2M | 150.8M | 158.4M | |
| Total Cash From Financing Activities | (36.1M) | 1.6B | (1.4B) | 297.2M | 464.6M | 487.8M | |
| End Period Cash Flow | 148.3M | 135.8M | 325.4M | 234.4M | 577.9M | 295.2M | |
| Change To Inventory | (9.5M) | 12.2M | (48.3M) | (41.1M) | 19.2M | 20.2M | |
| Stock Based Compensation | 779K | 887K | 1.5M | 1.3M | 1.6M | 1.5M | |
| Change To Account Receivables | 20.7M | 8.7M | (38.0M) | (710K) | 4.8M | 5.0M | |
| Other Cashflows From Investing Activities | (7K) | (2.4M) | (14.6M) | (454K) | (522.1K) | (548.2K) | |
| Total Cashflows From Investing Activities | (275.0M) | (1.9B) | 1.5B | (176.6M) | (158.9M) | (166.8M) | |
| Investments | (275.0M) | 29.5M | (13.5M) | (176.6M) | (259.6M) | (246.6M) | |
| Net Borrowings | (72.0M) | 2.0B | (1.8B) | (381.8M) | (343.6M) | (326.5M) | |
| Cash And Cash Equivalents Changes | 3.9M | 73.3M | 132.6M | 207.6M | 238.7M | 250.6M | |
| Change To Netincome | 89.1M | 48.9M | 74.2M | (48.7M) | (56.0M) | (53.2M) | |
| Change To Liabilities | (30.7M) | (16.0M) | 8.5M | 35.0M | 40.3M | 42.3M | |
| Change To Operating Activities | (34.1M) | 132.2M | (115.3M) | (414.5M) | (373.0M) | (354.4M) |
Pair Trading with Steel Partners
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 Steel Partners 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 Steel Partners will appreciate offsetting losses from the drop in the long position's value.Moving against Steel Stock
| 0.46 | MPU | Mega Matrix Corp | PairCorr |
| 0.37 | VSTE | Vast Renewables Buyout Trend | PairCorr |
| 0.33 | SLDPW | Solid Power | PairCorr |
The ability to find closely correlated positions to Steel Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Steel Partners 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 Steel Partners - 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 Steel Partners Holdings to buy it.
The correlation of Steel Partners 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 Steel Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Steel Partners Holdings 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 Steel Partners 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 Steel Stock Analysis
When running Steel Partners' price analysis, check to measure Steel Partners' 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 Steel Partners is operating at the current time. Most of Steel Partners' value examination focuses on studying past and present price action to predict the probability of Steel Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steel Partners' price. Additionally, you may evaluate how the addition of Steel Partners to your portfolios can decrease your overall portfolio volatility.