Superior Historical Cash Flow
| SUP Stock | USD 2.39 0.01 0.42% |
Analysis of Superior Industries cash flow over time is an excellent tool to project Superior Industries 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 To Inventory of 13.7 M or Stock Based Compensation of 3.9 M as it is a great indicator of Superior Industries ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Superior Industries 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 Superior Industries is a good buy for the upcoming year.
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About Superior Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Superior 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 Superior's non-liquid assets can be easily converted into cash.
Superior Industries 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.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 Superior Industries' cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Superior Industries 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 Superior Industries International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At this time, Superior Industries' Total Cash From Operating Activities is relatively stable compared to the past year. As of 11/28/2024, Dividends Paid is likely to grow to about 14.3 M, though Change In Cash is likely to grow to (10.8 M).
Superior Industries cash flow statement Correlations
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Superior Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Superior Industries cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation | 100.7M | 98.2M | 99.6M | 91.2M | 93.0M | 97.6M | |
| Other Non Cash Items | 106.4M | 203.3M | (6M) | 8.2M | 94.0M | 98.7M | |
| Capital Expenditures | 64.3M | 45M | 64.1M | 57.2M | 41.2M | 47.4M | |
| Net Income | (96.5M) | (243.6M) | 3.8M | 37M | (92.9M) | (88.2M) | |
| Change In Working Capital | 50M | 82.3M | (60M) | 15.8M | (9.9M) | (9.4M) | |
| End Period Cash Flow | 77.9M | 152.4M | 113.5M | 213M | 201.6M | 211.7M | |
| Change To Inventory | 5.3M | 20.9M | (26.4M) | (11.3M) | 13.1M | 13.7M | |
| Change In Cash | 30.4M | 74.5M | (38.9M) | 99.5M | (11.4M) | (10.8M) | |
| Stock Based Compensation | 5.7M | 2.4M | 9.5M | 9.7M | 7.5M | 3.9M | |
| Free Cash Flow | 98.5M | 105.1M | (19.2M) | 95.4M | 23.3M | 28.1M | |
| Begin Period Cash Flow | 47.5M | 77.9M | 152.4M | 113.5M | 213.0M | 223.7M | |
| Other Cashflows From Financing Activities | 106M | 320.1M | (4.2M) | 373.6M | (3.5M) | (3.3M) | |
| Total Cash From Operating Activities | 162.8M | 150.1M | 44.9M | 152.6M | 64.4M | 78.1M | |
| Total Cash From Financing Activities | (76.6M) | (37.1M) | (24M) | 4.5M | (34.2M) | (32.5M) | |
| Sale Purchase Of Stock | (6.7M) | (5.0M) | (1.5M) | (1.8M) | (3.3M) | (3.5M) | |
| Dividends Paid | 28.8M | 22.6M | 13.6M | 13.5M | 13.6M | 14.3M | |
| Change To Account Receivables | 26.7M | 28.1M | (38.2M) | 10.2M | 18.9M | 19.8M | |
| Change To Liabilities | 10.6M | 22.0M | (1.7M) | 20.1M | 18.1M | 19.0M | |
| Change To Netincome | 103.7M | 209.3M | (2.9M) | (55K) | (63.3K) | (60.1K) | |
| Total Cashflows From Investing Activities | (54.7M) | (44.2M) | (57.5M) | (57.0M) | (51.3M) | (53.9M) | |
| Investments | (54.7M) | (44.2M) | (57.5M) | (57.0M) | (45.6M) | (47.9M) | |
| Change Receivables | 26.7M | 28.1M | (38.2M) | 10.2M | 11.7M | 6.3M | |
| Cash And Cash Equivalents Changes | 31.6M | 68.9M | (36.7M) | 100.1M | 115.1M | 120.8M | |
| Cash Flows Other Operating | 7.4M | 11.3M | 6.6M | (3.3M) | (3.8M) | (4.0M) | |
| Net Borrowings | (160.1M) | (17.1M) | (4.6M) | 33.6M | 30.2M | 28.7M | |
| Change To Operating Activities | 7.4M | 11.3M | 6.6M | (3.3M) | (3.8M) | (3.6M) |
Pair Trading with Superior Industries
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 Superior Industries 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 Superior Industries will appreciate offsetting losses from the drop in the long position's value.Moving together with Superior Stock
Moving against Superior Stock
| 0.79 | DORM | Dorman Products | PairCorr |
| 0.58 | MGA | Magna International | PairCorr |
| 0.48 | ZK | ZEEKR Intelligent | PairCorr |
| 0.42 | MOD | Modine Manufacturing | PairCorr |
The ability to find closely correlated positions to Superior Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Superior Industries 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 Superior Industries - 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 Superior Industries International to buy it.
The correlation of Superior Industries 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 Superior Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Superior Industries 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 Superior Industries 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 Superior Stock Analysis
When running Superior Industries' price analysis, check to measure Superior Industries' 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 Superior Industries is operating at the current time. Most of Superior Industries' value examination focuses on studying past and present price action to predict the probability of Superior Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Superior Industries' price. Additionally, you may evaluate how the addition of Superior Industries to your portfolios can decrease your overall portfolio volatility.