Trican Historical Cash Flow
| TCW Stock | CAD 4.84 0.13 2.62% |
Analysis of Trican Well cash flow over time is an excellent tool to project Trican Well Service 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 Capital Expenditures of 108.3 M or Total Cash From Operating Activities of 260.9 M as it is a great indicator of Trican Well ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Trican Well Service 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 Trican Well Service is a good buy for the upcoming year.
Trican |
About Trican Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Trican 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 Trican's non-liquid assets can be easily converted into cash.
Trican Well Cash Flow Chart
Add Fundamental
Capital Expenditures
Capital Expenditures are funds used by Trican Well Service to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Trican Well 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 Trican Well's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Trican Well Service 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 Trican Well Service. 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, Trican Well's End Period Cash Flow is very stable compared to the past year. As of the 25th of November 2024, Change In Working Capital is likely to grow to about 50.8 M, while Begin Period Cash Flow is likely to drop about 37.7 M.
Trican Well cash flow statement Correlations
Click cells to compare fundamentals
Trican Well Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Trican Well cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (1.0M) | 15.4M | 6.9M | 28.6M | 30.6M | 32.2M | |
| Free Cash Flow | (4.6M) | 58.0M | 20.2M | 48.6M | 169.2M | 177.6M | |
| Begin Period Cash Flow | 8.2M | 7.2M | 22.6M | 29.5M | 58.1M | 37.7M | |
| Other Cashflows From Financing Activities | 6.6M | (46.7M) | 27.8M | 34.4M | (29.9M) | (28.4M) | |
| Depreciation | 124.1M | 111.4M | 87.8M | 80.2M | 77.2M | 85.6M | |
| Other Non Cash Items | (1.8M) | 171.5M | 524K | (1.0M) | (340K) | (323K) | |
| Capital Expenditures | 33.2M | 12.8M | 53.9M | 103.6M | 79.3M | 108.3M | |
| Total Cash From Operating Activities | 28.6M | 70.8M | 74.1M | 152.2M | 248.5M | 260.9M | |
| Net Income | (71.4M) | (233.3M) | 12.1M | 79.2M | 121.0M | 127.1M | |
| Total Cash From Financing Activities | (32.8M) | (68.7M) | (27.8M) | (37.8M) | (142.7M) | (135.6M) | |
| End Period Cash Flow | 7.2M | 22.6M | 29.5M | 58.1M | 88.8M | 93.2M | |
| Change In Working Capital | 2.1M | 50.5M | (28.4M) | (36.0M) | 48.4M | 50.8M | |
| Stock Based Compensation | 4.1M | 2.1M | 2.2M | 1.2M | 587K | 557.7K | |
| Change To Inventory | 6.3M | 8.0M | 2.6M | (5.6M) | 3.1M | 3.3M | |
| Sale Purchase Of Stock | (34.5M) | (18.6M) | (26.7M) | (69.0M) | (78.5M) | (74.5M) | |
| Change To Account Receivables | (11.3M) | 60.1M | (51.0M) | (47.6M) | (5.7M) | (5.4M) | |
| Net Borrowings | 2.0M | (51.2M) | (3.3M) | 26.7M | 30.7M | 32.3M | |
| Total Cashflows From Investing Activities | 2.6M | 13.3M | (39.4M) | (85.8M) | (77.2M) | (73.4M) | |
| Change To Operating Activities | 1.4M | 4.6M | 742K | (1.0M) | (1.2M) | (1.1M) | |
| Other Cashflows From Investing Activities | 4.1M | 14.3M | 4.4M | 17.8M | 16.0M | 15.2M | |
| Change To Netincome | (23.7M) | 143.6M | (2.6M) | 28.8M | 26.0M | 24.7M | |
| Change To Liabilities | 5.4M | (27.9M) | 19.4M | 18.2M | 16.4M | 17.2M | |
| Investments | 2.6M | 13.3M | (39.4M) | (85.8M) | (90.1M) | (85.6M) |
Pair Trading with Trican Well
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 Trican Well 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 Trican Well will appreciate offsetting losses from the drop in the long position's value.Moving against Trican Stock
The ability to find closely correlated positions to Trican Well could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trican Well 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 Trican Well - 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 Trican Well Service to buy it.
The correlation of Trican Well 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 Trican Well moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trican Well Service 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 Trican Well 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 Trican Stock
The Cash Flow Statement is a financial statement that shows how changes in Trican 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 Trican's non-liquid assets can be easily converted into cash.