Pinnacle Historical Cash Flow
| PNFP Stock | USD 127.11 0.14 0.11% |
Analysis of Pinnacle Financial cash flow over time is an excellent tool to project Pinnacle Financial 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 42.6 M or Other Non Cash Items of 17.1 M as it is a great indicator of Pinnacle Financial ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Pinnacle Financial 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 Pinnacle Financial is a good buy for the upcoming year.
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About Pinnacle Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Pinnacle 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 Pinnacle's non-liquid assets can be easily converted into cash.
Pinnacle Financial Cash Flow Chart
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Capital Expenditures
Capital Expenditures are funds used by Pinnacle Financial to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Pinnacle Financial operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.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 Pinnacle Financial's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Pinnacle Financial 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 Pinnacle Financial Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. At this time, Pinnacle Financial's Net Income is relatively stable compared to the past year. As of 12/01/2024, Total Cash From Financing Activities is likely to grow to about 5.4 B, while Stock Based Compensation is likely to drop slightly above 39.8 M.
Pinnacle Financial cash flow statement Correlations
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Pinnacle Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pinnacle Financial cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (195.0M) | 3.4B | 140.1M | (2.9B) | 1.1B | 1.1B | |
| Free Cash Flow | 392.1M | 388.1M | 634.3M | 540.6M | 400.1M | 420.2M | |
| Change In Working Capital | 21.8M | (76.0M) | 13.2M | (109.5M) | (254.9M) | (242.2M) | |
| Begin Period Cash Flow | 721.7M | 526.7M | 4.0B | 4.1B | 1.2B | 610.4M | |
| Other Cashflows From Financing Activities | 4.3B | 8.6B | 3.6B | 4.2B | 3.6B | 3.8B | |
| Depreciation | 8.3M | 45.2M | 53.3M | 62.3M | 40.6M | 42.6M | |
| Other Non Cash Items | (32.6M) | 185.9M | 50.9M | 32.1M | 16.3M | 17.1M | |
| Capital Expenditures | 42.2M | 39.8M | 23.2M | 64.3M | 78.3M | 82.2M | |
| Total Cash From Operating Activities | 434.3M | 427.8M | 657.4M | 604.9M | 478.4M | 502.3M | |
| Net Income | 400.9M | 312.3M | 527.3M | 560.7M | 562.2M | 590.3M | |
| Total Cash From Financing Activities | 2.0B | 6.6B | 3.1B | 3.2B | 5.2B | 5.4B | |
| End Period Cash Flow | 526.7M | 4.0B | 4.1B | 1.2B | 2.2B | 2.3B | |
| Stock Based Compensation | 21.2M | 18.7M | 25.0M | 39.6M | 41.9M | 39.8M | |
| Sale Purchase Of Stock | (61.4M) | (53.3M) | (3.8M) | (5.5M) | (6.9M) | (7.3M) | |
| Dividends Paid | 49.8M | 57.0M | 70.7M | 83.4M | 83.9M | 88.1M | |
| Total Cashflows From Investing Activities | (2.6B) | (3.6B) | (3.6B) | (6.7B) | (6.0B) | (5.7B) | |
| Investments | (2.2B) | (3.4B) | (2.7B) | (6.7B) | (4.9B) | (4.7B) | |
| Net Borrowings | 772.2M | (1.1B) | (425.9M) | (412.5M) | (371.2M) | (352.7M) | |
| Cash And Cash Equivalents Changes | (57.9M) | (195.0M) | 3.4B | 140.1M | 161.1M | 153.0M | |
| Cash Flows Other Operating | (12.7M) | (42.8M) | (157.3M) | 73.5M | 66.2M | 69.5M | |
| Other Cashflows From Investing Activities | (201.7M) | (127.5M) | 114.0M | (206.2M) | (185.6M) | (176.3M) | |
| Change To Netincome | (28.1M) | 108.2M | 63.7M | 91.4M | 105.1M | 110.4M | |
| Change To Liabilities | (17.7M) | 60.6M | 79.3M | 81.3M | (60.3M) | 0.0 | |
| Change To Operating Activities | 21.8M | (76.0M) | 13.2M | (109.5M) | (98.6M) | (93.6M) |
Pair Trading with Pinnacle Financial
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 Pinnacle Financial 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 Pinnacle Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Pinnacle Stock
Moving against Pinnacle Stock
| 0.68 | CFG-PE | Citizens Financial | PairCorr |
| 0.65 | TFC-PO | Truist Financial | PairCorr |
| 0.62 | TFC-PR | Truist Financial | PairCorr |
| 0.35 | WF | Woori Financial Group | PairCorr |
The ability to find closely correlated positions to Pinnacle Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pinnacle Financial 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 Pinnacle Financial - 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 Pinnacle Financial Partners to buy it.
The correlation of Pinnacle Financial 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 Pinnacle Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pinnacle Financial 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 Pinnacle Financial 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 Pinnacle Stock Analysis
When running Pinnacle Financial's price analysis, check to measure Pinnacle Financial'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 Pinnacle Financial is operating at the current time. Most of Pinnacle Financial's value examination focuses on studying past and present price action to predict the probability of Pinnacle Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinnacle Financial's price. Additionally, you may evaluate how the addition of Pinnacle Financial to your portfolios can decrease your overall portfolio volatility.