GoldMining Historical Cash Flow
| GOLD Stock | CAD 1.24 0.07 5.98% |
Analysis of GoldMining cash flow over time is an excellent tool to project GoldMining 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 Cashflows From Financing Activities of 46.6 M or Capital Expenditures of 507.6 K as it is a great indicator of GoldMining ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining GoldMining 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 GoldMining is a good buy for the upcoming year.
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About GoldMining Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in GoldMining 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 GoldMining's non-liquid assets can be easily converted into cash.
GoldMining 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.Most accounts from GoldMining's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into GoldMining 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoldMining. 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 GoldMining Stock, please use our How to Invest in GoldMining guide.At this time, GoldMining's Change In Working Capital is very stable compared to the past year. As of the 17th of March 2025, Begin Period Cash Flow is likely to grow to about 26.2 M, though Change In Cash is likely to grow to (8.3 M).
GoldMining cash flow statement Correlations
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GoldMining Account Relationship Matchups
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High Negative Relationship
GoldMining cash flow statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 2.5M | (3.3M) | 2.0M | (9.7M) | (8.7M) | (8.3M) | |
| Free Cash Flow | (8.0M) | (11.1M) | (23.4M) | (23.2M) | (20.9M) | (19.8M) | |
| Change In Working Capital | 641.2K | 755K | (996K) | 2.6M | 3.0M | 3.1M | |
| Begin Period Cash Flow | 9.2M | 11.7M | 5.4M | 21.7M | 25.0M | 26.2M | |
| Other Cashflows From Financing Activities | 4.0M | 11.6M | (1.3M) | 38.6M | 44.4M | 46.6M | |
| Capital Expenditures | 56.3K | 145K | 671K | 648K | 745.2K | 507.6K | |
| Total Cash From Operating Activities | (7.9M) | (11.0M) | (22.7M) | (22.5M) | (20.3M) | (19.3M) | |
| Net Income | 100.2M | (13.2M) | (28.8M) | (25.3M) | (29.1M) | (27.6M) | |
| Total Cash From Financing Activities | 12.8M | 13.9M | 39.9M | 13.4M | 15.4M | 10.6M | |
| End Period Cash Flow | 11.7M | 8.3M | 7.4M | 12.0M | 13.8M | 8.8M | |
| Stock Based Compensation | 3.0M | 2.4M | 3.3M | 2.3M | 2.6M | 1.6M | |
| Depreciation | 185.6K | 210K | 237K | 331K | 380.7K | 195.5K | |
| Other Non Cash Items | (121.0M) | 77K | (1.4M) | (2.2M) | (2.0M) | (2.1M) | |
| Change To Account Receivables | 7.8K | (5.9K) | (334K) | (220K) | (198K) | (188.1K) | |
| Sale Purchase Of Stock | 1.7M | 7.5M | 1.3M | 1.1M | (3.4M) | 0.0 | |
| Investments | (2.4M) | (6.4M) | (3.8M) | (1.0M) | (939.6K) | (986.6K) | |
| Total Cashflows From Investing Activities | (286.7K) | (1.3M) | (2.4M) | (6.4M) | (5.8M) | (5.5M) | |
| Change To Operating Activities | 49.2K | (367.7K) | (562.4K) | 360K | 414K | 434.7K | |
| Change To Netincome | 1.3M | 2.8M | (109.1M) | 1.2M | 1.1M | 1.2M | |
| Change To Liabilities | (108.9K) | 712.8K | 1.2M | 729K | 838.4K | 525.8K | |
| Issuance Of Capital Stock | 1.3M | 19.1M | 46.3M | 13.4M | 15.4M | 14.2M | |
| Change To Inventory | 5.9K | 334K | (37K) | (12K) | (10.8K) | (10.3K) |
Pair Trading with GoldMining
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 GoldMining 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 GoldMining will appreciate offsetting losses from the drop in the long position's value.Moving together with GoldMining Stock
The ability to find closely correlated positions to GoldMining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GoldMining 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 GoldMining - 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 GoldMining to buy it.
The correlation of GoldMining 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 GoldMining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GoldMining 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 GoldMining 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoldMining. 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 GoldMining Stock, please use our How to Invest in GoldMining guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.