Wheaton Historical Cash Flow
| WPM Stock | CAD 87.12 0.28 0.32% |
Analysis of Wheaton Precious cash flow over time is an excellent tool to project Wheaton Precious Metals 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 Free Cash Flow of 78.7 M or Change In Working Capital of 1.1 M as it is a great indicator of Wheaton Precious ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Wheaton Precious Metals 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 Wheaton Precious Metals is a good buy for the upcoming year.
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About Wheaton Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Wheaton 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 Wheaton's non-liquid assets can be easily converted into cash.
Wheaton Precious 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.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.Most accounts from Wheaton Precious' cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Wheaton Precious Metals 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wheaton Precious Metals. 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, Wheaton Precious' Net Income is very stable compared to the past year. As of the 2nd of December 2024, Stock Based Compensation is likely to grow to about 23.9 M, though Change In Cash is likely to grow to (142.1 M).
Wheaton Precious cash flow statement Correlations
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Wheaton Precious Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wheaton Precious cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 28.2M | 88.7M | 33.4M | 470.0M | (149.6M) | (142.1M) | |
| Free Cash Flow | 498.4M | 763.6M | 319.2M | 721.8M | 74.9M | 78.7M | |
| Change In Working Capital | (11.8M) | 1.0M | (8.1M) | 1.6M | 1.0M | 1.1M | |
| Begin Period Cash Flow | 75.8M | 104.0M | 192.7M | 226.0M | 696.1M | 730.9M | |
| Capital Expenditures | 3.2M | 1.8M | 526.0M | 21.7M | 675.9M | 359.5M | |
| Total Cash From Operating Activities | 501.6M | 765.4M | 845.1M | 743.4M | 750.8M | 387.3M | |
| Total Cash From Financing Activities | (484.2M) | (826.9M) | (407.6M) | (228.9M) | (254.2M) | (241.5M) | |
| End Period Cash Flow | 104.0M | 192.7M | 226.0M | 696.1M | 546.5M | 573.9M | |
| Other Cashflows From Financing Activities | 35.9M | 20.5M | 6.2M | 9.0M | 11.6M | 12.1M | |
| Depreciation | 376.9M | 232.3M | 102.2M | 233.5M | 202.5M | 134.0M | |
| Other Non Cash Items | 46.0M | 12.0M | (5.9M) | (163.0M) | (14.5M) | (13.8M) | |
| Net Income | 86.1M | 507.8M | 754.9M | 669.1M | 537.6M | 564.5M | |
| Stock Based Compensation | 13.5M | 14.8M | 2.3M | 20.1M | 22.7M | 23.9M | |
| Change To Account Receivables | (2.5M) | (1.2M) | (5.7M) | 2.0M | (264K) | (277.2K) | |
| Sale Purchase Of Stock | 37.0M | 21.9M | 8.0M | 10.4M | 11.9M | 7.3M | |
| Dividends Paid | 130.0M | 167.2M | 218.1M | 237.1M | 265.1M | 156.3M | |
| Investments | 10.6M | 152.3M | 122.3M | (44.3M) | (646.6M) | (614.3M) | |
| Net Borrowings | (390.1M) | (680.2M) | (195.8M) | (800K) | (720K) | (684K) | |
| Total Cashflows From Investing Activities | 10.6M | 149.6M | (404.2M) | (44.3M) | (50.9M) | (53.5M) | |
| Change To Operating Activities | 468K | (904K) | (3.5M) | (711K) | (639.9K) | (671.9K) | |
| Other Cashflows From Investing Activities | (13.6M) | (801K) | (554K) | (44.3M) | (39.9M) | (37.9M) | |
| Change To Netincome | 2.7M | 10.8M | (1.6M) | (152.2M) | (137.0M) | (130.1M) | |
| Change To Liabilities | (9.8M) | 3.1M | 1.1M | (1.3M) | (1.5M) | (1.4M) |
Pair Trading with Wheaton Precious
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 Wheaton Precious 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 Wheaton Precious will appreciate offsetting losses from the drop in the long position's value.Moving together with Wheaton Stock
The ability to find closely correlated positions to Wheaton Precious could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wheaton Precious 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 Wheaton Precious - 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 Wheaton Precious Metals to buy it.
The correlation of Wheaton Precious 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 Wheaton Precious moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wheaton Precious Metals 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 Wheaton Precious 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wheaton Precious Metals. 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.