Premium Historical Cash Flow
| PIC-A Stock | CAD 6.03 0.01 0.17% |
Analysis of Premium Income cash flow over time is an excellent tool to project Premium Income 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 Depreciation of 36.3 K or Other Non Cash Items of 22.7 M as it is a great indicator of Premium Income ability to facilitate future growth, repay debt on time or pay out dividends.
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About Premium Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Premium 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 Premium's non-liquid assets can be easily converted into cash.
Premium Income Cash Flow Chart
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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.Most accounts from Premium Income's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Premium Income 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 Equity Center to better understand how to build diversified portfolios, which includes a position in Premium Income. 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, Premium Income's Sale Purchase Of Stock is comparatively stable compared to the past year. Change In Cash is likely to gain to about 5 M in 2024, whereas Begin Period Cash Flow is likely to drop slightly above 2.2 M in 2024.
Premium Income cash flow statement Correlations
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Premium Income Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Premium Income cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (3.1M) | 1.6M | (837.5K) | 4.2M | 4.8M | 5.0M | |
| Free Cash Flow | 15.3M | 23.0M | 24.3M | (8.6M) | (7.8M) | (7.4M) | |
| Change In Working Capital | (660.4K) | 609.4K | (224.7K) | (120.9K) | (139.0K) | (132.0K) | |
| Begin Period Cash Flow | 4.9M | 1.8M | 3.4M | 2.6M | 2.3M | 2.2M | |
| Other Cashflows From Financing Activities | (3.7K) | 33.3K | (3.9M) | 36.7M | 42.2M | 44.3M | |
| Other Non Cash Items | 61.4M | (87.7M) | 45.9M | 24.0M | 21.6M | 22.7M | |
| Total Cash From Operating Activities | 15.3M | 23.0M | 24.3M | (8.6M) | (7.8M) | (7.4M) | |
| Total Cash From Financing Activities | (18.4M) | (21.4M) | (25.2M) | 12.8M | 14.7M | 15.5M | |
| End Period Cash Flow | 1.8M | 3.4M | 2.6M | 6.7M | 6.1M | 5.4M | |
| Dividends Paid | 18.4M | 21.5M | 22.2M | 23.9M | 27.5M | 20.6M | |
| Net Income | (45.5M) | 110.1M | (21.4M) | (32.5M) | (29.3M) | (27.8M) | |
| Change To Account Receivables | (573.8K) | 569.7K | (201.2K) | (169.6K) | (152.6K) | (145.0K) | |
| Change To Operating Activities | (1.8M) | (86.6K) | 39.7K | (23.5K) | (21.1K) | (22.2K) | |
| Change To Netincome | (70.1M) | 73.0M | (76.1M) | 57.3M | 65.9M | 69.2M | |
| Issuance Of Capital Stock | 0.0 | 33.3K | 2.9M | 36.7M | 33.0M | 17.5M |
Pair Trading with Premium Income
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 Premium Income 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 Premium Income will appreciate offsetting losses from the drop in the long position's value.Moving against Premium Stock
| 0.61 | RY-PM | Royal Bank | PairCorr |
| 0.59 | FFH-PF | Fairfax Financial | PairCorr |
| 0.56 | WMT | Walmart Inc CDR | PairCorr |
| 0.54 | Y | Yellow Pages Limited | PairCorr |
| 0.52 | JPM | JPMorgan Chase | PairCorr |
The ability to find closely correlated positions to Premium Income could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Premium Income 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 Premium Income - 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 Premium Income to buy it.
The correlation of Premium Income 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 Premium Income moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Premium Income 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 Premium Income 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 Premium Stock Analysis
When running Premium Income's price analysis, check to measure Premium Income'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 Premium Income is operating at the current time. Most of Premium Income's value examination focuses on studying past and present price action to predict the probability of Premium Income's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Premium Income's price. Additionally, you may evaluate how the addition of Premium Income to your portfolios can decrease your overall portfolio volatility.