Sprott Historical Cash Flow
| SII Stock | CAD 64.44 0.41 0.63% |
Analysis of Sprott cash flow over time is an excellent tool to project Sprott Inc 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 Dividends Paid of 28.4 M or Capital Expenditures of 1.5 M as it is a great indicator of Sprott ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Sprott Inc 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 Sprott Inc is a good buy for the upcoming year.
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About Sprott Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Sprott 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 Sprott's non-liquid assets can be easily converted into cash.
Sprott 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.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.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Most accounts from Sprott's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Sprott Inc 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Inc. 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, Sprott's Change To Account Receivables is very stable compared to the past year. As of the 12th of December 2024, Net Borrowings is likely to grow to about 28.3 M, while Sale Purchase Of Stock is likely to drop (4.4 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Capital Expenditures | 693K | 128K | 1.5M | 1.5M | Dividends Paid | 25.6M | 25.8M | 25.8M | 28.4M |
Sprott cash flow statement Correlations
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Sprott Account Relationship Matchups
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High Negative Relationship
Sprott cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Sale Purchase Of Stock | (1.7M) | (2.0M) | (12.9M) | (3.0M) | (4.2M) | (4.4M) | |
| Change In Cash | 18.6M | (10.6M) | 5.7M | 1.9M | (31.0M) | (29.5M) | |
| Stock Based Compensation | 5.5M | 4.5M | 3.7M | 17.0M | 20.4M | 21.4M | |
| Free Cash Flow | 29.6M | 13.1M | 50.6M | 32.4M | 28.3M | 25.3M | |
| Change In Working Capital | 11.7M | (12.1M) | 5.1M | (14.6M) | (8.6M) | (8.2M) | |
| Begin Period Cash Flow | 36.2M | 54.7M | 44.1M | 49.8M | 51.7M | 59.8M | |
| Other Cashflows From Financing Activities | 1.9M | (4.9M) | 10.0M | 10.6M | (1.0M) | (1.1M) | |
| Depreciation | 3.9M | 4.1M | 4.6M | 3.4M | 2.8M | 4.9M | |
| Other Non Cash Items | (2.3M) | (4.9M) | (7.2M) | 1.6M | (35.1M) | (33.3M) | |
| Dividends Paid | 23.1M | 23.1M | 25.6M | 25.8M | 25.8M | 28.4M | |
| Capital Expenditures | 2.3M | 13.2M | 693K | 128K | 1.5M | 1.5M | |
| Total Cash From Operating Activities | 31.9M | 26.2M | 51.2M | 32.5M | 29.9M | 32.5M | |
| Net Income | 10.4M | 27.0M | 33.2M | 17.6M | 41.8M | 43.9M | |
| Total Cash From Financing Activities | (14.5M) | (22.4M) | (24.2M) | (3.9M) | (63.5M) | (66.6M) | |
| End Period Cash Flow | 54.7M | 44.1M | 49.8M | 51.7M | 20.7M | 19.6M | |
| Change To Account Receivables | (2.1M) | (12.9M) | 8.4M | 2.2M | 884K | 928.2K | |
| Investments | 1.6M | (3.9M) | 20.6M | (23.5M) | (1.8M) | (1.9M) | |
| Total Cashflows From Investing Activities | 1.5M | (17.1M) | (20.6M) | (23.5M) | (21.1M) | (22.2M) | |
| Change To Operating Activities | 20.8M | (3.0M) | 2.3M | (7.4M) | (6.7M) | (6.4M) | |
| Change To Netincome | 7.5M | 7.3M | 8.4M | 26.1M | 23.5M | 16.1M | |
| Change To Liabilities | (6.9M) | 3.8M | (5.6M) | (9.4M) | (10.8M) | (10.3M) |
Pair Trading with Sprott
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 Sprott 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 Sprott will appreciate offsetting losses from the drop in the long position's value.Moving together with Sprott Stock
Moving against Sprott Stock
The ability to find closely correlated positions to Sprott could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sprott 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 Sprott - 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 Sprott Inc to buy it.
The correlation of Sprott 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 Sprott moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sprott Inc 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 Sprott 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Inc. 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. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.