Converge Historical Cash Flow
| CTS Stock | CAD 5.44 0.02 0.37% |
Analysis of Converge Technology cash flow over time is an excellent tool to project Converge Technology 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 Net Borrowings of 473.5 M or Other Cashflows From Financing Activities of 5.1 M as it is a great indicator of Converge Technology ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Converge Technology 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 Converge Technology is a good buy for the upcoming year.
Converge |
About Converge Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Converge 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 Converge's non-liquid assets can be easily converted into cash.
Converge Technology Cash Flow Chart
Add Fundamental
Most accounts from Converge Technology's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Converge Technology 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Converge Technology Solutions. 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, Converge Technology's Change To Liabilities is very stable compared to the past year. As of the 27th of February 2025, Change To Inventory is likely to grow to about 98.7 M, while Change In Cash is likely to drop about 5.8 M.
| 2021 | 2022 | 2024 | 2025 (projected) | Change To Liabilities | 31.2M | 30.7M | 35.3M | 53.3M | Change To Netincome | 23.9M | 11.4M | 13.1M | 14.8M |
Converge Technology cash flow statement Correlations
Click cells to compare fundamentals
Converge Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Converge Technology cash flow statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 44.2M | 183.4M | (88.3M) | 5.3M | 6.1M | 5.8M | |
| Net Borrowings | 63.7M | (36.2M) | (150.0M) | 392.1M | 450.9M | 473.5M | |
| Total Cashflows From Investing Activities | (62.9M) | (66.6M) | (277.8M) | (463.4M) | (417.1M) | (396.2M) | |
| Other Cashflows From Financing Activities | 2.2B | 27.5M | 389.9M | 4.7M | 5.4M | 5.1M | |
| Other Non Cash Items | 20.8M | 13.5M | 14.3M | 165.6M | 190.4M | 199.9M | |
| Capital Expenditures | 5.0M | 6.3M | 23.9M | 10.8M | 12.5M | 6.9M | |
| Total Cash From Operating Activities | 51.6M | 87.1M | 41.6M | 195.8M | 225.2M | 236.4M | |
| Change To Operating Activities | (12.4M) | 5.9M | 989K | 496K | 446.4K | 468.7K | |
| Net Income | (4.2M) | 16.4M | 22.8M | (1.4M) | (1.7M) | (1.6M) | |
| Total Cash From Financing Activities | 58.5M | 371.4M | 336.3M | (84.8M) | (97.5M) | (92.6M) | |
| End Period Cash Flow | 64.8M | 248.2M | 159.9M | 170.4M | 196.0M | 205.8M | |
| Other Cashflows From Investing Activities | (3.8M) | (61.6M) | (271.5M) | (439.5M) | (395.5M) | (375.8M) | |
| Change To Netincome | 15.4M | 22.5M | 23.9M | 11.4M | 13.1M | 14.8M | |
| Change To Liabilities | 44.9M | 131.1M | 31.2M | 30.7M | 35.3M | 53.3M | |
| Sale Purchase Of Stock | (2.1M) | 493.9M | (40M) | (17.4M) | (20.0M) | (19.0M) | |
| Change To Inventory | (10.9M) | (56.5M) | 38.1M | 81.8M | 94.0M | 98.7M | |
| Investments | (66.6M) | (277.8M) | (463.4M) | (103.9M) | (93.5M) | (98.2M) | |
| Free Cash Flow | 46.6M | 80.8M | 17.6M | 185.0M | 212.7M | 223.4M | |
| Change In Working Capital | 6.3M | 7.6M | (77.2M) | 90.7M | 104.4M | 109.6M | |
| Begin Period Cash Flow | 20.6M | 64.8M | 248.2M | 165.1M | 189.9M | 199.4M | |
| Depreciation | 27.0M | 39.6M | 80.1M | 120.0M | 138.0M | 144.9M | |
| Change To Account Receivables | (114M) | 33.0M | (125.8M) | (98.2M) | (88.4M) | (92.8M) | |
| Issuance Of Capital Stock | 2.3M | 103.6M | 493.9M | (3K) | (3.5K) | (3.3K) |
Pair Trading with Converge Technology
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 Converge Technology 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 Converge Technology will appreciate offsetting losses from the drop in the long position's value.Moving against Converge Stock
The ability to find closely correlated positions to Converge Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Converge Technology 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 Converge Technology - 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 Converge Technology Solutions to buy it.
The correlation of Converge Technology 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 Converge Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Converge Technology 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 Converge Technology 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.Other Information on Investing in Converge Stock
The Cash Flow Statement is a financial statement that shows how changes in Converge 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 Converge's non-liquid assets can be easily converted into cash.