Hammond Historical Cash Flow
| HPS-A Stock | CAD 137.77 2.01 1.48% |
Analysis of Hammond Power cash flow over time is an excellent tool to project Hammond Power Solutions 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 Begin Period Cash Flow of 29.5 M or Depreciation of 5.6 M as it is a great indicator of Hammond Power ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Hammond Power Solutions 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 Hammond Power Solutions is a good buy for the upcoming year.
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About Hammond Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Hammond 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 Hammond's non-liquid assets can be easily converted into cash.
Hammond Power Cash Flow Chart
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Capital Expenditures
Capital Expenditures are funds used by Hammond Power Solutions to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Hammond Power 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 Hammond Power Solutions financial statement analysis. It represents the amount of money remaining after all of Hammond Power Solutions operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.Most accounts from Hammond Power's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Hammond Power Solutions 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hammond Power Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Hammond Power's Stock Based Compensation is comparatively stable compared to the past year. Change To Operating Activities is likely to gain to about 2.6 M in 2024, despite the fact that Other Cashflows From Financing Activities is likely to grow to (1.5 M).
Hammond Power cash flow statement Correlations
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Hammond Power Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hammond Power cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (2.3M) | 1.7M | (12.7M) | (42.4M) | (8.2M) | (7.8M) | |
| Change In Cash | 7.8M | (8.6M) | 6.1M | 7.2M | 24.5M | 25.7M | |
| Free Cash Flow | 13.8M | 14.7M | 14.4M | 27.7M | 23.6M | 24.7M | |
| Change In Working Capital | (6.4M) | (5.0M) | (4.8M) | (19.5M) | (51.7M) | (49.1M) | |
| Begin Period Cash Flow | 15.5M | 23.4M | 14.8M | 20.9M | 28.1M | 29.5M | |
| Other Cashflows From Financing Activities | (1.4M) | (1.7M) | (3.6M) | (4.9M) | (1.5M) | (1.5M) | |
| Depreciation | 7.2M | 7.3M | 7.6M | 11.0M | 10.7M | 5.6M | |
| Other Non Cash Items | (917K) | (4.1M) | (4.8M) | (13.8M) | (18.8M) | (17.9M) | |
| Capital Expenditures | 4.0M | 4.9M | 6.1M | 9.3M | 20.6M | 21.6M | |
| Total Cash From Operating Activities | 17.8M | 19.7M | 20.4M | 37.0M | 44.1M | 46.3M | |
| Net Income | 11.6M | 14.1M | 15.2M | 44.8M | 63.4M | 66.6M | |
| Total Cash From Financing Activities | (7.4M) | (24.2M) | (4.3M) | (22.3M) | 755K | 792.8K | |
| End Period Cash Flow | 23.4M | 14.8M | 20.9M | 28.1M | 52.6M | 55.2M | |
| Stock Based Compensation | 364K | 518K | 1.2M | 2.2M | 20.0M | 21.0M | |
| Change To Account Receivables | 5.0M | 10.9M | (18.8M) | 1.6M | (41.3M) | (39.3M) | |
| Dividends Paid | 3.3M | 4.0M | 4.0M | 4.6M | 6.5M | 3.3M | |
| Net Borrowings | (2.3M) | (19.3M) | 470K | (16.1M) | (14.5M) | (13.8M) | |
| Total Cashflows From Investing Activities | (3.0M) | (4.7M) | (10.9M) | (12.7M) | (14.6M) | (15.3M) | |
| Change To Operating Activities | (9.2M) | (6.5M) | (2.6M) | 2.7M | 2.4M | 2.6M | |
| Change To Netincome | 5.9M | 3.3M | 2.5M | 743K | 854.5K | 811.7K | |
| Change To Liabilities | 119K | (11.1M) | 29.3M | 18.6M | 21.4M | 22.5M | |
| Other Cashflows From Investing Activities | 182K | 188K | 185K | 173K | 199.0K | 174.2K | |
| Issuance Of Capital Stock | 290K | 33K | 329K | 298K | 434K | 291.7K |
Pair Trading with Hammond Power
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 Hammond Power 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 Hammond Power will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Hammond Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hammond Power 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 Hammond Power - 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 Hammond Power Solutions to buy it.
The correlation of Hammond Power 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 Hammond Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hammond Power Solutions 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 Hammond Power 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 Hammond Stock Analysis
When running Hammond Power's price analysis, check to measure Hammond Power'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 Hammond Power is operating at the current time. Most of Hammond Power's value examination focuses on studying past and present price action to predict the probability of Hammond Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hammond Power's price. Additionally, you may evaluate how the addition of Hammond Power to your portfolios can decrease your overall portfolio volatility.