Espey Historical Cash Flow
| ESP Stock | USD 28.29 0.79 2.72% |
Analysis of Espey Mfg cash flow over time is an excellent tool to project Espey Mfg Electronics 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 Free Cash Flow of 6.6 M or Change In Working Capital of 5.6 M as it is a great indicator of Espey Mfg ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Espey Mfg Electronics 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 Espey Mfg Electronics is a good buy for the upcoming year.
Espey |
About Espey Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Espey 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 Espey's non-liquid assets can be easily converted into cash.
Espey Mfg Cash Flow Chart
Add Fundamental
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 Espey Mfg Electronics to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Espey Mfg operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.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.Most accounts from Espey Mfg's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Espey Mfg Electronics 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Espey Mfg Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At this time, Espey Mfg's Total Cash From Operating Activities is relatively stable compared to the past year. As of 01/30/2025, Net Income is likely to grow to about 7 M, though Dividends Paid is likely to grow to (1.8 M).
Espey Mfg cash flow statement Correlations
Click cells to compare fundamentals
Espey Mfg Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Espey Mfg cash flow statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | (4.7M) | 231.4K | (1.3M) | 645.6K | 581.0K | 610.1K | |
| Change In Cash | 1.4M | 1.3M | (5.4M) | 1.6M | 1.8M | 1.9M | |
| Free Cash Flow | 551.4K | 1.9M | 3.4M | 5.4M | 6.2M | 6.6M | |
| Change In Working Capital | (876.6K) | (51.0K) | (812.5K) | 4.6M | 5.3M | 5.6M | |
| Begin Period Cash Flow | 5.4M | 6.8M | 8.1M | 2.7M | 2.5M | 2.4M | |
| Other Cashflows From Financing Activities | 2.0M | (918.3K) | (8.8M) | 526.4K | 473.7K | 497.4K | |
| Depreciation | 519.8K | 494.6K | 484.9K | 453.5K | 521.5K | 527.7K | |
| Dividends Paid | 2.4M | 1.2M | 489.3K | (1.7M) | (1.9M) | (1.8M) | |
| Capital Expenditures | 43.6K | 303.6K | 512.0K | 5.2M | 5.9M | 6.2M | |
| Total Cash From Operating Activities | 595.0K | 2.2M | 3.9M | 10.6M | 12.2M | 12.8M | |
| Net Income | (181.5K) | 1.3M | 3.7M | 5.8M | 6.7M | 7.0M | |
| Total Cash From Financing Activities | (2.4M) | (1.2M) | (489.3K) | (1.2M) | (1.0M) | (1.1M) | |
| End Period Cash Flow | 6.8M | 8.1M | 2.7M | 4.4M | 3.9M | 6.0M | |
| Other Non Cash Items | 710.2K | (119.0) | (2.5K) | 590.0 | 678.5 | 644.57 | |
| Stock Based Compensation | 487.6K | 501.8K | 592.8K | 721.8K | 830.1K | 470.0K | |
| Total Cashflows From Investing Activities | 326.0K | 2.0M | (918.3K) | (8.8M) | (7.9M) | (7.5M) | |
| Change To Account Receivables | 3.7M | (379.4K) | (22.1K) | (880.2K) | (792.2K) | (752.6K) | |
| Other Cashflows From Investing Activities | 2.1M | (614.8K) | (8.3M) | 4.2M | 3.8M | 4.0M | |
| Change To Netincome | 455.5K | 1.1M | 510.9K | 550.3K | 632.8K | 486.5K | |
| Change To Liabilities | 1.1M | 758.8K | (332.1K) | 3.8M | 4.4M | 4.6M | |
| Investments | 2.1M | (616.8K) | (8.8M) | (7.8M) | (7.1M) | (6.7M) | |
| Change To Operating Activities | 473.7K | (283.6K) | 124.8K | (3.2M) | (2.9M) | (2.7M) |
Pair Trading with Espey Mfg
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 Espey Mfg 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 Espey Mfg will appreciate offsetting losses from the drop in the long position's value.Moving together with Espey Stock
Moving against Espey Stock
| 0.71 | BE | Bloom Energy Corp | PairCorr |
| 0.45 | ENR | Energizer Holdings Earnings Call This Week | PairCorr |
| 0.44 | EOSE | Eos Energy Enterprises | PairCorr |
| 0.4 | ELVA | Electrovaya Common Shares | PairCorr |
| 0.37 | FREY | FREYR Battery SA | PairCorr |
The ability to find closely correlated positions to Espey Mfg could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Espey Mfg 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 Espey Mfg - 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 Espey Mfg Electronics to buy it.
The correlation of Espey Mfg 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 Espey Mfg moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Espey Mfg Electronics 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 Espey Mfg 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 Espey Stock Analysis
When running Espey Mfg's price analysis, check to measure Espey Mfg'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 Espey Mfg is operating at the current time. Most of Espey Mfg's value examination focuses on studying past and present price action to predict the probability of Espey Mfg's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Espey Mfg's price. Additionally, you may evaluate how the addition of Espey Mfg to your portfolios can decrease your overall portfolio volatility.