Goodfood Historical Cash Flow

FOOD Stock  CAD 0.46  0.01  2.22%   
Analysis of Goodfood Market cash flow over time is an excellent tool to project Goodfood Market 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 Net Borrowings of 7.6 M or Depreciation of 13.1 M as it is a great indicator of Goodfood Market ability to facilitate future growth, repay debt on time or pay out dividends.
 
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Financial Statement Analysis is much more than just reviewing and examining Goodfood Market 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 Goodfood Market Corp is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Goodfood Market 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.

About Goodfood Cash Flow Analysis

The Cash Flow Statement is a financial statement that shows how changes in Goodfood 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 Goodfood's non-liquid assets can be easily converted into cash.

Goodfood Market Cash Flow Chart

At this time, Goodfood Market's Change To Inventory is very stable compared to the past year. As of the 2nd of December 2024, Investments is likely to grow to about 1.9 M, though Sale Purchase Of Stock is likely to grow to (76.1 K).

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most accounts from Goodfood Market's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Goodfood Market 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Goodfood Market 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, Goodfood Market's Change To Inventory is very stable compared to the past year. As of the 2nd of December 2024, Investments is likely to grow to about 1.9 M, though Sale Purchase Of Stock is likely to grow to (76.1 K).

Goodfood Market cash flow statement Correlations

-0.270.040.17-0.060.160.68-0.31-0.07-0.09-0.510.07-0.03-0.270.53-0.15-0.16-0.250.06
-0.27-0.1-0.730.25-0.4-0.70.550.490.14-0.03-0.37-0.550.76-0.87-0.010.640.39-0.88
0.04-0.10.5-0.210.920.21-0.52-0.88-0.990.00.94-0.55-0.160.06-0.92-0.54-0.61-0.28
0.17-0.730.50.210.740.63-0.45-0.79-0.51-0.130.730.37-0.480.65-0.37-0.92-0.410.53
-0.060.25-0.210.21-0.14-0.030.460.180.26-0.26-0.170.390.37-0.150.24-0.150.42-0.09
0.16-0.40.920.74-0.140.49-0.72-0.93-0.94-0.070.98-0.31-0.470.41-0.87-0.7-0.76-0.01
0.68-0.70.210.63-0.030.49-0.62-0.44-0.25-0.220.360.21-0.670.91-0.26-0.46-0.520.39
-0.310.55-0.52-0.450.46-0.72-0.620.520.60.06-0.620.290.9-0.70.620.290.96-0.13
-0.070.49-0.88-0.790.18-0.93-0.440.520.87-0.03-0.950.130.32-0.350.720.810.53-0.17
-0.090.14-0.99-0.510.26-0.94-0.250.60.870.03-0.950.570.24-0.130.950.540.680.26
-0.51-0.030.0-0.13-0.26-0.07-0.220.06-0.030.03-0.07-0.040.0-0.130.060.310.110.13
0.07-0.370.940.73-0.170.980.36-0.62-0.95-0.95-0.07-0.31-0.370.31-0.86-0.74-0.680.01
-0.03-0.55-0.550.370.39-0.310.210.290.130.57-0.04-0.31-0.110.370.72-0.350.430.83
-0.270.76-0.16-0.480.37-0.47-0.670.90.320.240.0-0.37-0.11-0.860.250.270.79-0.48
0.53-0.870.060.65-0.150.410.91-0.7-0.35-0.13-0.130.310.37-0.86-0.11-0.45-0.570.64
-0.15-0.01-0.92-0.370.24-0.87-0.260.620.720.950.06-0.860.720.25-0.110.330.740.43
-0.160.64-0.54-0.92-0.15-0.7-0.460.290.810.540.31-0.74-0.350.27-0.450.330.27-0.48
-0.250.39-0.61-0.410.42-0.76-0.520.960.530.680.11-0.680.430.79-0.570.740.270.04
0.06-0.88-0.280.53-0.09-0.010.39-0.13-0.170.260.130.010.83-0.480.640.43-0.480.04
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Goodfood Market Account Relationship Matchups

Goodfood Market cash flow statement Accounts

201920202021202220232024 (projected)
Sale Purchase Of Stock(96K)(427K)(369K)(89K)(80.1K)(76.1K)
Change To Inventory(2.2M)(7.4M)7.4M3.6M4.1M4.4M
Investments(9.4M)(18.0M)(37.7M)2.0M1.8M1.9M
Change In Cash23.2M59.3M21.1M(88.7M)(12.0M)(210.4K)
Net Borrowings10.3M32.9M(3.9M)12.2M14.0M7.6M
Free Cash Flow(1.6M)(35.1M)(97.4M)(11.1M)(10.0M)(10.5M)
Change In Working Capital3.9M(14K)(11.1M)(6.1M)(5.5M)(5.2M)
Total Cashflows From Investing Activities(9.7M)(9.4M)(18.0M)(37.7M)(33.9M)(32.2M)
Other Cashflows From Financing Activities(48K)2.0M(3.8M)(4.5M)(4.1M)(3.9M)
Depreciation5.4M8.8M17.3M10.8M12.5M13.1M
Other Non Cash Items2.4M1.9M52.2M(1.4M)(1.6M)(1.6M)
Capital Expenditures4.4M7.9M10.2M18.8M38.4M1.7M
Total Cash From Operating Activities880K8.6M(16.4M)(59.0M)(9.4M)(232.6K)
Change To Operating Activities(86K)(534K)(29K)(224K)(257.6K)(270.5K)
Net Income(20.9M)(4.1M)(31.8M)(121.8M)(16.5M)(290.8K)
Total Cash From Financing Activities11.1M29.6M60.1M55.5M8.0M(4.6M)
End Period Cash Flow47.6M104.4M125.5M36.9M24.9M490.3K
Change To Netincome2.0M2.9M6.6M56.6M65.1M68.3M
Change To Liabilities21.3M9.0M8.7M(21.1M)(19.0M)(18.0M)
Begin Period Cash Flow24.5M45.1M104.4M125.5M36.9M490.3K
Change To Account Receivables(1.9M)(1.4M)2.8M(540K)(621K)(652.1K)
Other Cashflows From Investing Activities(1.9M)782K741K770K885.5K929.8K
Stock Based Compensation1.9M4.2M5.9M3.9M4.5M2.9M

Pair Trading with Goodfood Market

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 Goodfood Market 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 Goodfood Market will appreciate offsetting losses from the drop in the long position's value.

Moving together with Goodfood Stock

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Moving against Goodfood Stock

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The ability to find closely correlated positions to Goodfood Market could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Goodfood Market 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 Goodfood Market - 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 Goodfood Market Corp to buy it.
The correlation of Goodfood Market 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 Goodfood Market moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Goodfood Market 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 Goodfood Market 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Goodfood Stock

The Cash Flow Statement is a financial statement that shows how changes in Goodfood 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 Goodfood's non-liquid assets can be easily converted into cash.