Vornado Historical Cash Flow
| VNO Stock | USD 44.86 0.56 1.23% |
Analysis of Vornado Realty cash flow over time is an excellent tool to project Vornado Realty Trust 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 Change In Cash of 252.4 M or Free Cash Flow of 680.6 M as it is a great indicator of Vornado Realty ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Vornado Realty Trust 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 Vornado Realty Trust is a good buy for the upcoming year.
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About Vornado Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Vornado 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 Vornado's non-liquid assets can be easily converted into cash.
Vornado Realty 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.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.Depreciation
Depreciation indicates how much of Vornado Realty Trust value has been used up. For tax purposes Vornado Realty can deduct the cost of the tangible assets it purchases as business expenses. However, Vornado Realty Trust must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific 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 Vornado Realty's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Vornado Realty Trust 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 Vornado Realty Trust. 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, Vornado Realty's Change To Operating Activities is very stable compared to the past year.
| 2021 | 2022 | 2023 | 2024 (projected) | Capital Expenditures | 738.4M | 900.8M | 33.1M | 31.5M | Dividends Paid | 472.0M | 468.7M | 191.2M | 181.6M |
Vornado Realty cash flow statement Correlations
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Vornado Realty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vornado Realty cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 890.2M | 123.2M | 200.0M | (909.2M) | 240.4M | 252.4M | |
| Free Cash Flow | 223.6M | 29.2M | 761.8M | 798.9M | 648.2M | 680.6M | |
| Change In Working Capital | (25.2M) | (191.5M) | 3.5M | 87.3M | (25.6M) | (26.9M) | |
| Begin Period Cash Flow | 716.9M | 1.6B | 1.7B | 1.9B | 1.0B | 796.5M | |
| Other Cashflows From Financing Activities | (68.2M) | 1.7B | (1.2B) | 918.9M | 89.5M | 85.0M | |
| Depreciation | 438.9M | 417.9M | 432.6M | 526.3M | 457.6M | 349.8M | |
| Other Non Cash Items | 3.6M | 14.3M | 35.6M | 524.7M | 123.0M | 129.2M | |
| Dividends Paid | 553.9M | 891.6M | 472.0M | 468.7M | 191.2M | 181.6M | |
| Capital Expenditures | 438.9M | 395.1M | 738.4M | 900.8M | 33.1M | 31.5M | |
| Total Cash From Operating Activities | 662.5M | 424.2M | 761.8M | 798.9M | 648.2M | 579.5M | |
| Net Income | 3.3B | (461.8M) | 207.6M | (382.6M) | 32.9M | 31.2M | |
| Total Cash From Financing Activities | (2.2B) | (213.2M) | (29.5M) | (801.3M) | (278.9M) | (265.0M) | |
| End Period Cash Flow | 1.6B | 1.7B | 1.9B | 1.0B | 1.3B | 831.4M | |
| Stock Based Compensation | 53.9M | 48.7M | 38.3M | 29.2M | 43.2M | 37.0M | |
| Other Cashflows From Investing Activities | 2.0B | 1.0B | 113.5M | (6.1M) | (7.0M) | (6.6M) | |
| Sale Purchase Of Stock | (893K) | 397.0M | (300M) | (85K) | (29.2M) | (27.7M) | |
| Change To Account Receivables | (26.0M) | (5.3M) | (187K) | (4.4M) | 9.4M | 9.8M | |
| Change To Liabilities | 7.6M | 11.3M | 32.5M | 22.2M | 20.0M | 11.3M | |
| Total Cashflows From Investing Activities | 2.5B | (87.8M) | (532.3M) | (906.9M) | (1.0B) | (990.7M) | |
| Investments | 1.4B | 21.8M | 92.6M | (906.9M) | 8.7M | 8.2M | |
| Change Receivables | (26.0M) | (5.3M) | (187K) | (4.4M) | (4.0M) | (3.8M) | |
| Net Borrowings | (1.2B) | 372.9M | 1.6B | (254.3M) | (228.9M) | (217.4M) | |
| Cash And Cash Equivalents Changes | 890.2M | 123.2M | 200.0M | (909.2M) | (818.3M) | (777.4M) | |
| Cash Flows Other Operating | (30.2M) | 570.1M | (141.7M) | 81.9M | 94.1M | 98.8M | |
| Change To Netincome | (3.1B) | (107.9M) | 231.1M | 555.6M | 500.1M | 525.1M | |
| Change To Operating Activities | (5.1M) | (201.0M) | (32.1M) | 86.1M | 99.0M | 103.9M |
Pair Trading with Vornado Realty
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 Vornado Realty 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 Vornado Realty will appreciate offsetting losses from the drop in the long position's value.Moving together with Vornado Stock
Moving against Vornado Stock
| 0.74 | WHLR | Wheeler Real Estate | PairCorr |
| 0.66 | UK | Ucommune International | PairCorr |
| 0.65 | EGP | EastGroup Properties | PairCorr |
| 0.65 | FR | First Industrial Realty | PairCorr |
| 0.61 | LXP | LXP Industrial Trust | PairCorr |
The ability to find closely correlated positions to Vornado Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vornado Realty 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 Vornado Realty - 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 Vornado Realty Trust to buy it.
The correlation of Vornado Realty 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 Vornado Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vornado Realty Trust 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 Vornado Realty 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 Vornado Realty Trust. 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.
Is Diversified REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Vornado Realty. If investors know Vornado will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Vornado Realty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.25) | Dividend Share 0.3 | Earnings Share (0.28) | Revenue Per Share 9.825 | Quarterly Revenue Growth (0.02) |
The market value of Vornado Realty Trust is measured differently than its book value, which is the value of Vornado that is recorded on the company's balance sheet. Investors also form their own opinion of Vornado Realty's value that differs from its market value or its book value, called intrinsic value, which is Vornado Realty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Vornado Realty's market value can be influenced by many factors that don't directly affect Vornado Realty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vornado Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vornado Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vornado Realty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.