WSP Historical Cash Flow
| WSP Stock | CAD 245.66 1.07 0.44% |
Analysis of WSP Global cash flow over time is an excellent tool to project WSP Global 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 345.4 M or Begin Period Cash Flow of 520.4 M as it is a great indicator of WSP Global ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining WSP Global 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 WSP Global is a good buy for the upcoming year.
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About WSP Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in WSP 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 WSP's non-liquid assets can be easily converted into cash.
WSP Global Cash Flow Chart
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Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Capital Expenditures
Capital Expenditures are funds used by WSP Global to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of WSP Global 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 WSP Global financial statement analysis. It represents the amount of money remaining after all of WSP Global operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from WSP Global's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into WSP Global 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WSP Global. 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, WSP Global's Net Borrowings is very stable compared to the past year. As of the 22nd of November 2024, Change To Netincome is likely to grow to about 110.1 M, though Sale Purchase Of Stock is likely to grow to (356.3 M).
WSP Global cash flow statement Correlations
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WSP Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
WSP Global cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Sale Purchase Of Stock | (165.6M) | (906.9M) | 1.1B | 883.5M | (375.1M) | (356.3M) | |
| Change In Cash | (16.6M) | 197.4M | 491.6M | (435.3M) | (117.6M) | (111.7M) | |
| Free Cash Flow | 665.3M | 1.0B | 938.9M | 648.3M | 632.3M | 345.4M | |
| Change In Working Capital | (29.1M) | 353.5M | 32.9M | (284.7M) | (285.7M) | (271.4M) | |
| Begin Period Cash Flow | 253.9M | 237.3M | 434.7M | 926.3M | 495.6M | 520.4M | |
| Other Cashflows From Financing Activities | (6.2M) | (600K) | (800K) | 2.2B | 263.0M | 201.9M | |
| Depreciation | 453.4M | 476.3M | 518.5M | 576.5M | 673.2M | 706.9M | |
| Other Non Cash Items | 82.2M | 52M | 37.7M | (108.1M) | 1.4B | 1.5B | |
| Capital Expenditures | 149M | 93.1M | 121.2M | 166.5M | 180M | 189M | |
| Total Cash From Operating Activities | 814.3M | 1.1B | 1.1B | 814.8M | 812.3M | 427.3M | |
| Net Income | 285.7M | 277.4M | 474.1M | 434.7M | 550M | 577.5M | |
| Total Cash From Financing Activities | (496.8M) | (746.3M) | 790.2M | 1.4B | (400.8M) | (380.8M) | |
| End Period Cash Flow | 237.3M | 434.7M | 926.3M | 491M | 378M | 243.8M | |
| Dividends Paid | 77.6M | 88.3M | 80.6M | 90.1M | 162.2M | 170.3M | |
| Change To Account Receivables | (11M) | 141M | (142.1M) | (291.9M) | (119.9M) | (113.9M) | |
| Investments | (322.1M) | (185.3M) | (2.5M) | (2.7B) | (510.4M) | (535.9M) | |
| Net Borrowings | (357.3M) | (1.2B) | 610.9M | 707M | 813.1M | 853.7M | |
| Total Cashflows From Investing Activities | (322.1M) | (185.3M) | (1.3B) | (2.7B) | (2.4B) | (2.3B) | |
| Other Cashflows From Investing Activities | 36.1M | 19.4M | 14.7M | (2.5B) | (2.3B) | (2.2B) | |
| Change To Netincome | 103.5M | 19.3M | 35.1M | 91.2M | 104.9M | 110.1M | |
| Change To Liabilities | (51.1M) | 175.5M | 282.8M | 306.9M | 352.9M | 370.6M | |
| Stock Based Compensation | 42.3M | 66.6M | 100.6M | 43.6M | 65.2M | 43.8M | |
| Issuance Of Capital Stock | 13.3M | 550.8M | 308.5M | 883.5M | 5.2M | 4.9M |
Pair Trading with WSP Global
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 WSP Global 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 WSP Global will appreciate offsetting losses from the drop in the long position's value.Moving together with WSP Stock
Moving against WSP Stock
The ability to find closely correlated positions to WSP Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WSP Global 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 WSP Global - 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 WSP Global to buy it.
The correlation of WSP Global 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 WSP Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WSP Global 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 WSP Global 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 WSP Stock
The Cash Flow Statement is a financial statement that shows how changes in WSP 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 WSP's non-liquid assets can be easily converted into cash.