Alta Historical Cash Flow
| ATCU Stock | 0.44 0.01 2.33% |
Analysis of Alta Copper cash flow over time is an excellent tool to project Alta Copper Corp 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 Cash of 91 K or Change In Working Capital of 253.6 K as it is a great indicator of Alta Copper ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Alta Copper Corp 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 Alta Copper Corp is a good buy for the upcoming year.
Alta |
About Alta Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Alta 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 Alta's non-liquid assets can be easily converted into cash.
Alta Copper Cash Flow Chart
Capital Expenditures
Capital Expenditures are funds used by Alta Copper Corp to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Alta Copper operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most accounts from Alta Copper's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Alta Copper Corp 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 Alta Copper Corp. 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, Alta Copper's Change In Working Capital is very stable compared to the past year. As of the 28th of February 2025, Depreciation is likely to grow to about 19.3 K, while Sale Purchase Of Stock is likely to drop about 259.4 K.
| 2021 | 2022 | 2024 | 2025 (projected) | Capital Expenditures | 731.9K | 770.4K | 693.3K | 619.5K | Depreciation | 33.2K | 15.7K | 14.1K | 19.3K |
Alta Copper cash flow statement Correlations
| 0.67 | -0.97 | 0.71 | 0.81 | 0.99 | ||
| 0.67 | -0.47 | -0.03 | 0.75 | 0.59 | ||
| -0.97 | -0.47 | -0.85 | -0.74 | -0.98 | ||
| 0.71 | -0.03 | -0.85 | 0.34 | 0.77 | ||
| 0.81 | 0.75 | -0.74 | 0.34 | 0.75 | ||
| 0.99 | 0.59 | -0.98 | 0.77 | 0.75 |
Click cells to compare fundamentals
Alta Copper Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Alta Copper
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 Alta Copper 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 Alta Copper will appreciate offsetting losses from the drop in the long position's value.Moving against Alta Stock
| 0.66 | GOOG | Alphabet CDR | PairCorr |
| 0.63 | AMZN | Amazon CDR | PairCorr |
| 0.48 | TD | Toronto Dominion Bank | PairCorr |
| 0.41 | SOU | Southern Energy Corp | PairCorr |
The ability to find closely correlated positions to Alta Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alta Copper 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 Alta Copper - 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 Alta Copper Corp to buy it.
The correlation of Alta Copper 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 Alta Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alta Copper Corp 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 Alta Copper 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 Alta Stock
The Cash Flow Statement is a financial statement that shows how changes in Alta 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 Alta's non-liquid assets can be easily converted into cash.