Tucows Historical Cash Flow
| TC Stock | CAD 26.31 0.54 2.10% |
Analysis of Tucows cash flow over time is an excellent tool to project Tucows 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 Other Non Cash Items of 23.7 M or Capital Expenditures of 96.7 M as it is a great indicator of Tucows ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Tucows 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 Tucows Inc is a good buy for the upcoming year.
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About Tucows Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Tucows 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 Tucows's non-liquid assets can be easily converted into cash.
Tucows Cash Flow Chart
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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.Capital Expenditures
Capital Expenditures are funds used by Tucows Inc to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Tucows operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most accounts from Tucows' cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Tucows 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 Tucows 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 estimate. At this time, Tucows' Total Cash From Financing Activities is very stable compared to the past year. As of the 11th of December 2024, End Period Cash Flow is likely to grow to about 110.2 M, though Free Cash Flow is likely to grow to (92 M).
Tucows cash flow statement Correlations
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Tucows Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tucows cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 7.8M | (12.1M) | 794K | 14.4M | 81.5M | 85.6M | |
| Free Cash Flow | (7.3M) | (8.4M) | (44.3M) | (117.6M) | (96.8M) | (92.0M) | |
| Change In Working Capital | 2.0M | 90K | (2M) | 5.0M | 14.1M | 14.8M | |
| Begin Period Cash Flow | 12.6M | 20.4M | 8.3M | 9.1M | 23.5M | 24.7M | |
| Other Cashflows From Financing Activities | (794K) | 397K | 4.4M | 172.0M | (20.6M) | (19.6M) | |
| Depreciation | 19.3M | 24.1M | 28.0M | 39.6M | 46.6M | 49.0M | |
| Other Non Cash Items | (435K) | 6.4M | (3.0M) | 2.2M | 22.5M | 23.7M | |
| Capital Expenditures | 47.6M | 44.5M | 73.9M | 137.5M | 92.1M | 96.7M | |
| Total Cash From Operating Activities | 40.4M | 36.1M | 29.6M | 19.9M | (4.8M) | (4.5M) | |
| Net Income | 15.4M | 5.8M | 3.4M | (27.6M) | (96.2M) | (91.4M) | |
| Total Cash From Financing Activities | 43.5M | 5.1M | 73.1M | 132.0M | 178.8M | 187.8M | |
| End Period Cash Flow | 20.4M | 8.3M | 9.1M | 23.5M | 105.0M | 110.2M | |
| Sale Purchase Of Stock | (5.0M) | (3.3M) | (387K) | (45.7M) | (41.1M) | (39.1M) | |
| Change To Inventory | 318K | 945K | (787K) | (4.0M) | 361K | 379.1K | |
| Stock Based Compensation | 2.9M | 3.7M | 4.6M | 7.6M | 8.1M | 8.5M | |
| Change To Account Receivables | (3.0M) | (281K) | 1.6M | (3.8M) | 2.3M | 2.4M | |
| Net Borrowings | 49.2M | 8M | 69M | 48.3M | 55.5M | 58.3M | |
| Total Cashflows From Investing Activities | (76.1M) | (53.3M) | (102.0M) | (137.5M) | (123.7M) | (117.6M) | |
| Change To Operating Activities | 12.9M | (3.5M) | (200K) | 12.1M | 14.0M | 14.7M | |
| Other Cashflows From Investing Activities | (1.8M) | (32.0M) | (8.8M) | (1K) | (900.0) | (945.0) | |
| Change To Netincome | 3.4M | 5.8M | (20K) | 2.1M | 2.5M | 1.8M | |
| Change To Liabilities | (8.1M) | 2.0M | (427K) | 4.1M | 3.7M | 3.9M | |
| Investments | (76.1M) | (53.3M) | (2.0M) | (137.5M) | (115.2M) | (109.5M) |
Pair Trading with Tucows
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 Tucows 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 Tucows will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Tucows could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tucows 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 Tucows - 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 Tucows Inc to buy it.
The correlation of Tucows 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 Tucows moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tucows 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 Tucows 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 Tucows 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 estimate. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.