Stepstone Historical Cash Flow
| STEP Stock | USD 67.05 1.04 1.58% |
Analysis of Stepstone cash flow over time is an excellent tool to project Stepstone Group 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 Change In Working Capital of 17.9 M or Begin Period Cash Flow of 95.2 M as it is a great indicator of Stepstone ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Stepstone Group 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 Stepstone Group is a good buy for the upcoming year.
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About Stepstone Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Stepstone 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 Stepstone's non-liquid assets can be easily converted into cash.
Stepstone Cash Flow Chart
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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.Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.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.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Most accounts from Stepstone's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Stepstone Group 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 Stepstone Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Stepstone's Change To Inventory is relatively stable compared to the past year.
| 2021 | 2022 | 2023 | 2024 (projected) | Free Cash Flow | 212.2M | 145.6M | 141.9M | 118.0M | Stock Based Compensation | 14.0M | 24.9M | 74.7M | 78.4M |
Stepstone cash flow statement Correlations
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Stepstone Account Relationship Matchups
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High Negative Relationship
Stepstone cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Investments | 31.1M | (14.0M) | (36.2M) | (25.2M) | (47.3M) | (45.0M) | |
| Change In Cash | 49.3M | 93.9M | (66.4M) | 12.1M | 52.8M | 55.4M | |
| Stock Based Compensation | 1.9M | 7.9M | 14.0M | 24.9M | 74.7M | 78.4M | |
| Free Cash Flow | 65.1M | 148.0M | 212.2M | 145.6M | 141.9M | 118.0M | |
| Change In Working Capital | 76.3M | 30.9M | (8.6M) | (32.8M) | 18.9M | 17.9M | |
| Begin Period Cash Flow | 40.6M | 89.9M | 183.9M | 117.4M | 129.5M | 95.2M | |
| Total Cashflows From Investing Activities | 35.8M | (11.2M) | (210.2M) | (30.8M) | (27.7M) | (29.1M) | |
| Other Cashflows From Financing Activities | (6.7M) | (234.1M) | 73.4M | (58.0M) | (39.5M) | (37.5M) | |
| Depreciation | 7.1M | 5.5M | 27.0M | 47.4M | 47.6M | 50.0M | |
| Other Non Cash Items | 796K | (225.5M) | (308.6M) | 169.5M | (46.9M) | (49.3M) | |
| Dividends Paid | 43.9M | 2.0M | 23.9M | 50.0M | 68.5M | 48.0M | |
| Capital Expenditures | 837K | 1.3M | 2.1M | 5.6M | 19.6M | 20.6M | |
| Total Cash From Operating Activities | 65.9M | 149.3M | 214.3M | 151.2M | 161.5M | 123.0M | |
| Change To Account Receivables | (851K) | (7.0M) | (1.8M) | (10.3M) | (27.8M) | (26.4M) | |
| Change To Operating Activities | 2.5M | 80.0M | 26.7M | (13.5M) | (12.1M) | (11.5M) | |
| Net Income | 144.8M | 314.6M | 484.3M | (45.3M) | 58.1M | 55.2M | |
| Total Cash From Financing Activities | (52.2M) | (45.3M) | (70.4M) | (108.0M) | (58.0M) | (60.9M) | |
| End Period Cash Flow | 89.9M | 183.9M | 117.4M | 129.5M | 182.3M | 119.7M | |
| Other Cashflows From Investing Activities | 5.5M | 4.1M | 9.5M | 1K | 1.2K | 1.1K | |
| Change To Netincome | (150.2M) | (119.7M) | 1.8M | 21.6M | 24.9M | 26.1M | |
| Change To Liabilities | (2.8M) | 11.2M | 6.6M | 9.7M | 11.2M | 11.8M | |
| Sale Purchase Of Stock | (28K) | 202.4M | (13.4M) | 22.9M | (695K) | (660.3K) |
Pair Trading with Stepstone
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 Stepstone 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 Stepstone will appreciate offsetting losses from the drop in the long position's value.Moving together with Stepstone Stock
| 0.73 | V | Visa Class A | PairCorr |
| 0.69 | DHIL | Diamond Hill Investment | PairCorr |
| 0.85 | DIST | Distoken Acquisition | PairCorr |
| 0.78 | AB | AllianceBernstein | PairCorr |
| 0.83 | AC | Associated Capital | PairCorr |
Moving against Stepstone Stock
The ability to find closely correlated positions to Stepstone could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stepstone 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 Stepstone - 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 Stepstone Group to buy it.
The correlation of Stepstone 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 Stepstone moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stepstone Group 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 Stepstone 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 Stepstone Stock Analysis
When running Stepstone's price analysis, check to measure Stepstone'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 Stepstone is operating at the current time. Most of Stepstone's value examination focuses on studying past and present price action to predict the probability of Stepstone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stepstone's price. Additionally, you may evaluate how the addition of Stepstone to your portfolios can decrease your overall portfolio volatility.