Taseko Historical Cash Flow
| TKO Stock | CAD 3.06 0.07 2.34% |
Analysis of Taseko Mines cash flow over time is an excellent tool to project Taseko Mines 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 Total Cash From Financing Activities of 42.7 M or End Period Cash Flow of 74 M as it is a great indicator of Taseko Mines ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Taseko Mines 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 Taseko Mines is a good buy for the upcoming year.
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About Taseko Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Taseko 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 Taseko's non-liquid assets can be easily converted into cash.
Taseko Mines Cash Flow Chart
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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.Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.Total Cashflows From Investing Activities
The net amount of cash used in or generated from a company's investment activities, such as purchasing or selling assets, during a reporting period.Most accounts from Taseko Mines' cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Taseko Mines 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 Taseko Mines. 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. To learn how to invest in Taseko Stock, please use our How to Invest in Taseko Mines guide.At this time, Taseko Mines' Capital Expenditures is very stable compared to the past year. As of the 11th of December 2024, Total Cash From Operating Activities is likely to grow to about 108.5 M, though Change In Cash is likely to grow to (23.2 M).
Taseko Mines cash flow statement Correlations
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Taseko Mines Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Taseko Mines cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 7.5M | 31.9M | 151.7M | (115.9M) | (24.4M) | (23.2M) | |
| Free Cash Flow | (8.1M) | 40.7M | 87.0M | 1.6M | (69.7M) | (66.3M) | |
| Change In Working Capital | (6.6M) | (3.3M) | (32.0M) | (5.4M) | (48.1M) | (45.7M) | |
| Begin Period Cash Flow | 45.7M | 53.2M | 85.1M | 236.8M | 120.9M | 69.4M | |
| Other Cashflows From Financing Activities | 2.2M | (31.9M) | (24.6M) | (34.0M) | (385K) | (404.3K) | |
| Other Non Cash Items | 34.5M | 47.8M | 43.9M | 49.7M | (44.0M) | (41.8M) | |
| Capital Expenditures | 50.8M | 65.5M | 87.7M | 79.7M | 173.1M | 181.7M | |
| Total Cash From Operating Activities | 42.6M | 106.2M | 174.8M | 81.3M | 103.3M | 108.5M | |
| Net Income | (53.4M) | (23.5M) | 36.5M | (26.0M) | 82.7M | 86.9M | |
| Total Cash From Financing Activities | (16.7M) | (11.9M) | 125.8M | (35.2M) | 40.7M | 42.7M | |
| End Period Cash Flow | 53.2M | 85.1M | 236.8M | 120.9M | 96.5M | 74.0M | |
| Change To Inventory | (4.6M) | (11.3M) | (16.7M) | (14.0M) | (24.0M) | (22.8M) | |
| Depreciation | 97.4M | 89.0M | 86.3M | 52.0M | 59.3M | 33.4M | |
| Stock Based Compensation | 3.1M | 5.3M | 5.8M | 4.2M | 6.3M | 3.9M | |
| Change To Account Receivables | 713K | 7.4M | (2.9M) | (3.6M) | (2.8M) | (2.7M) | |
| Sale Purchase Of Stock | 176K | 35.3M | 2.4M | (1.9M) | (2.2M) | (2.1M) | |
| Investments | (16.9M) | (59.6M) | (147.7M) | (166.4M) | (167.6M) | (159.2M) | |
| Net Borrowings | 15.1M | (14.4M) | 150.4M | 5.3M | 6.1M | 9.3M | |
| Total Cashflows From Investing Activities | (16.9M) | (59.6M) | (147.7M) | (166.4M) | (149.8M) | (142.3M) | |
| Change To Operating Activities | (1.3M) | (1.6M) | (1.9M) | (3.7M) | (3.3M) | (3.1M) | |
| Other Cashflows From Investing Activities | 33.8M | 354K | (14.1M) | (17.5M) | (15.7M) | (14.9M) | |
| Change To Netincome | (8.7M) | 37.2M | 103.3M | 60.3M | 69.4M | 57.6M | |
| Change To Liabilities | (463K) | 3.0M | (7.7M) | 15.9M | 14.3M | 15.0M |
Pair Trading with Taseko Mines
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 Taseko Mines 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 Taseko Mines will appreciate offsetting losses from the drop in the long position's value.Moving together with Taseko Stock
Moving against Taseko Stock
| 0.68 | WCN | Waste Connections | PairCorr |
| 0.49 | BYD | Boyd Group Services | PairCorr |
| 0.46 | FFH | Fairfax Financial | PairCorr |
| 0.39 | CSU | Constellation Software | PairCorr |
| 0.38 | FSV | FirstService Corp | PairCorr |
The ability to find closely correlated positions to Taseko Mines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Taseko Mines 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 Taseko Mines - 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 Taseko Mines to buy it.
The correlation of Taseko Mines 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 Taseko Mines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Taseko Mines 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 Taseko Mines 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 Taseko Mines. 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. To learn how to invest in Taseko Stock, please use our How to Invest in Taseko Mines guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.