Touchstone Historical Cash Flow
| TXP Stock | CAD 0.53 0.02 3.64% |
Analysis of Touchstone Exploration cash flow over time is an excellent tool to project Touchstone Exploration 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 Total Cash From Financing Activities of 123.5 K or End Period Cash Flow of 7.8 M as it is a great indicator of Touchstone Exploration ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Touchstone Exploration 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 Touchstone Exploration is a good buy for the upcoming year.
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About Touchstone Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Touchstone 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 Touchstone's non-liquid assets can be easily converted into cash.
Touchstone Exploration 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 Touchstone Exploration to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Touchstone Exploration operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Depreciation
Depreciation indicates how much of Touchstone Exploration value has been used up. For tax purposes Touchstone Exploration can deduct the cost of the tangible assets it purchases as business expenses. However, Touchstone Exploration 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.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.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Most accounts from Touchstone Exploration's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Touchstone Exploration 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 Touchstone Exploration. 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, Touchstone Exploration's Sale Purchase Of Stock is very stable compared to the past year. As of the 1st of December 2024, Dividends Paid is likely to grow to about 212.5 M, though Change In Cash is likely to grow to (7.7 M).
| 2023 | 2024 (projected) | Stock Based Compensation | 1.2M | 1.2M | Dividends Paid | 202.4M | 212.5M |
Touchstone Exploration cash flow statement Correlations
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Touchstone Exploration Account Relationship Matchups
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High Negative Relationship
Touchstone Exploration cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 2.6M | 18.1M | (6.3M) | (1.6M) | (8.1M) | (7.7M) | |
| Free Cash Flow | (6.0M) | (16.3M) | (26.3M) | (5.6M) | (6.2M) | (6.5M) | |
| Begin Period Cash Flow | 3.6M | 6.2M | 24.3M | 17.9M | 16.3M | 15.5M | |
| Other Cashflows From Financing Activities | (390K) | (344K) | (1.2M) | (405K) | 81K | 77.0K | |
| Capital Expenditures | 11.5M | 18.6M | 27.9M | 11.3M | 18.9M | 18.0M | |
| Total Cash From Operating Activities | 5.5M | 2.3M | 1.5M | 5.8M | 12.7M | 12.1M | |
| Net Income | (5.6M) | (11.0M) | 5.7M | (3.2M) | (20.6M) | (19.6M) | |
| Total Cash From Financing Activities | 7.5M | 31.3M | 21.1M | 9.1M | 130K | 123.5K | |
| End Period Cash Flow | 6.2M | 24.3M | 17.9M | 16.3M | 8.2M | 7.8M | |
| Other Non Cash Items | 487K | 2.4M | 605K | 1.1M | (98K) | (93.1K) | |
| Depreciation | 13.4M | 14.9M | (10.6M) | 4.3M | 26.4M | 25.1M | |
| Sale Purchase Of Stock | 4.5M | 39.7M | 240K | 12.7M | 14.6M | 15.3M | |
| Change In Working Capital | (1.2M) | 2.0M | (2.6M) | 2.2M | (987K) | (1.0M) | |
| Stock Based Compensation | 169K | 302K | 888K | 1.3M | 1.2M | 1.2M | |
| Investments | (10.2M) | (15.6M) | (29.4M) | (16.5M) | (21.1M) | (20.1M) | |
| Net Borrowings | 3.0M | (8.0M) | 21.7M | (3.8M) | (4.3M) | (4.1M) | |
| Total Cashflows From Investing Activities | (10.2M) | (15.6M) | (29.4M) | (16.5M) | (18.9M) | (19.9M) | |
| Change To Operating Activities | (1.2M) | 2.0M | (2.6M) | 2.2M | 2.5M | 2.7M | |
| Other Cashflows From Investing Activities | 1.3M | 2.8M | (1.8M) | (5.1M) | (5.9M) | (5.6M) | |
| Change To Netincome | (1.2M) | 6.7M | (5.4M) | 2.0M | 1.8M | 1.5M | |
| Issuance Of Capital Stock | 4.5M | 39.7M | 240K | 12.7M | 210K | 199.5K |
Pair Trading with Touchstone Exploration
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 Touchstone Exploration 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 Touchstone Exploration will appreciate offsetting losses from the drop in the long position's value.Moving against Touchstone Stock
| 0.64 | ENB-PFC | Enbridge Pref 11 | PairCorr |
| 0.63 | ENS-PA | E Split Corp | PairCorr |
| 0.47 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.47 | ENS | E Split Corp | PairCorr |
| 0.34 | ENB-PFU | Enbridge Pref L | PairCorr |
The ability to find closely correlated positions to Touchstone Exploration could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Touchstone Exploration 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 Touchstone Exploration - 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 Touchstone Exploration to buy it.
The correlation of Touchstone Exploration 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 Touchstone Exploration moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Touchstone Exploration 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 Touchstone Exploration 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 Touchstone Stock
The Cash Flow Statement is a financial statement that shows how changes in Touchstone 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 Touchstone's non-liquid assets can be easily converted into cash.