Algoma Historical Cash Flow
| ALC Stock | CAD 15.07 0.10 0.66% |
Analysis of Algoma Central cash flow over time is an excellent tool to project Algoma Central 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 Begin Period Cash Flow of 78.9 M or Other Cashflows From Financing Activities of 3.1 M as it is a great indicator of Algoma Central ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Algoma Central 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 Algoma Central is a good buy for the upcoming year.
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About Algoma Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Algoma 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 Algoma's non-liquid assets can be easily converted into cash.
Algoma Central 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.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Capital Expenditures
Capital Expenditures are funds used by Algoma Central to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Algoma Central operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Algoma Central financial statement analysis. It represents the amount of money remaining after all of Algoma Central operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Algoma Central's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Algoma Central 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Algoma Central. 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, Algoma Central's Change To Inventory is very stable compared to the past year. As of the 26th of November 2024, Other Non Cash Items is likely to grow to about 105.8 M, though Change In Cash is likely to grow to (103.7 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Capital Expenditures | 31.9M | 70.9M | 119.2M | 84.9M | Dividends Paid | 122.7M | 25.1M | 77.1M | 81.0M |
Algoma Central cash flow statement Correlations
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Algoma Central Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Algoma Central cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (2.4M) | 1.4M | (3.5M) | (6.1M) | 3.2M | 3.3M | |
| Change In Cash | (6.7M) | 85.0M | 5.0M | 33.0M | (109.1M) | (103.7M) | |
| Free Cash Flow | (71.4M) | 81.9M | 130.5M | 62.3M | (9.7M) | (9.2M) | |
| Change In Working Capital | 9.9M | 14.1M | 12.7M | (18.0M) | (6.0M) | (5.7M) | |
| Begin Period Cash Flow | 25.5M | 18.9M | 103.9M | 108.9M | 142.0M | 78.9M | |
| Other Cashflows From Financing Activities | 145.3M | 452.1M | (18.1M) | (16.7M) | 3.3M | 3.1M | |
| Depreciation | 70.0M | 75.2M | 67.9M | 65.4M | 66.0M | 36.1M | |
| Other Non Cash Items | 17.8M | 19M | 10.0M | (52.8M) | 100.8M | 105.8M | |
| Dividends Paid | 43.4M | 18.4M | 122.7M | 25.1M | 77.1M | 81.0M | |
| Capital Expenditures | 209.1M | 75.2M | 31.9M | 70.9M | 119.2M | 84.9M | |
| Total Cash From Operating Activities | 137.8M | 157.1M | 162.4M | 133.1M | 109.6M | 85.2M | |
| Change To Account Receivables | 5.1M | 2.8M | 7.7M | (12.0M) | (11.3M) | (10.7M) | |
| Net Income | 24.2M | 45.9M | 82.2M | 120.0M | 82.9M | 43.8M | |
| Total Cash From Financing Activities | 11.7M | 16.3M | (141.0M) | (42.4M) | (91.1M) | (86.6M) | |
| End Period Cash Flow | 18.9M | 103.9M | 108.9M | 142.0M | 32.8M | 31.2M | |
| Investments | (153.4M) | (87.2M) | 8.5M | (65.9M) | (127.8M) | (134.2M) | |
| Net Borrowings | 81.7M | 65.2M | (143K) | (150K) | (172.5K) | (163.9K) | |
| Total Cashflows From Investing Activities | (153.4M) | (87.2M) | (16.2M) | (65.9M) | (59.3M) | (62.2M) | |
| Change To Operating Activities | (3.9M) | 3.1M | (2.7M) | (6.7M) | (6.0M) | (5.7M) | |
| Other Cashflows From Investing Activities | 65.4M | (2.6M) | 7.5M | 3.2M | 2.9M | 2.7M | |
| Change To Netincome | 32.6M | 20.5M | (351K) | (34.3M) | (30.9M) | (29.3M) | |
| Change To Liabilities | 11.0M | 6.9M | 11.2M | 6.8M | 7.8M | 8.2M | |
| Sale Purchase Of Stock | (8.0M) | (277K) | (2K) | (441K) | (8.8M) | (8.4M) | |
| Stock Based Compensation | 360K | (6.6M) | 2.1M | 1.6M | 1.7M | 1.8M |
Pair Trading with Algoma Central
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 Algoma Central 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 Algoma Central will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Algoma Central could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Algoma Central 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 Algoma Central - 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 Algoma Central to buy it.
The correlation of Algoma Central 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 Algoma Central moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Algoma Central 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 Algoma Central 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 Algoma Stock
The Cash Flow Statement is a financial statement that shows how changes in Algoma 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 Algoma's non-liquid assets can be easily converted into cash.