Miller Historical Cash Flow
| MLR Stock | USD 43.62 1.07 2.39% |
Analysis of Miller Industries cash flow over time is an excellent tool to project Miller Industries 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 5.2 M or Depreciation of 7.5 M as it is a great indicator of Miller Industries ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Miller Industries 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 Miller Industries is a good buy for the upcoming year.
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About Miller Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Miller 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 Miller's non-liquid assets can be easily converted into cash.
Miller Industries 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.Capital Expenditures
Capital Expenditures are funds used by Miller Industries to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Miller Industries operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Miller Industries financial statement analysis. It represents the amount of money remaining after all of Miller Industries operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Miller Industries' cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Miller Industries 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Miller Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Miller Stock, please use our How to Invest in Miller Industries guide.At this time, Miller Industries' Cash Flows Other Operating is relatively stable compared to the past year. As of 03/27/2025, Change To Netincome is likely to grow to about 2.6 M, though Change In Cash is likely to grow to (5.3 M).
Miller Industries cash flow statement Correlations
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Miller Industries Account Relationship Matchups
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High Negative Relationship
Miller Industries cash flow statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | 5.5M | (32.1M) | (40.7M) | (30.4M) | 2.2M | 2.3M | |
| Change In Cash | 31.4M | (3.2M) | (14.2M) | (10.2M) | (5.6M) | (5.3M) | |
| Free Cash Flow | 43.2M | 6.1M | (48.1M) | (1.1M) | 1.5M | 1.6M | |
| Change In Working Capital | 20.1M | (13.1M) | (53.4M) | (59.5M) | (63.0M) | (59.9M) | |
| Begin Period Cash Flow | 26.1M | 57.5M | 54.3M | 40.2M | 29.9M | 26.0M | |
| Other Cashflows From Financing Activities | (400K) | (9.1M) | 45M | (29.1M) | 5M | 5.3M | |
| Depreciation | 9.6M | 11.0M | 11.8M | 13.2M | 14.1M | 7.5M | |
| Other Non Cash Items | 194K | 200K | 321K | 75K | 255K | 242.3K | |
| Capital Expenditures | 17.5M | 9.2M | 28.9M | 12.1M | 15.4M | 12.8M | |
| Total Cash From Operating Activities | 60.7M | 15.3M | (19.2M) | 11.0M | 16.9M | 13.1M | |
| Net Income | 29.8M | 16.3M | 20.3M | 58.3M | 63.5M | 66.7M | |
| Total Cash From Financing Activities | (13.6M) | (8.2M) | 36.8M | 6.8M | (6.6M) | (6.3M) | |
| End Period Cash Flow | 57.5M | 54.3M | 40.2M | 29.9M | 24.3M | 27.5M | |
| Stock Based Compensation | 212K | (175K) | 743K | 1.1M | 3.2M | 3.4M | |
| Other Cashflows From Investing Activities | 276K | 91K | 8K | 398K | 59K | 56.1K | |
| Total Cashflows From Investing Activities | (17.1M) | (17.2M) | (9.1M) | (28.9M) | (26.0M) | (24.7M) | |
| Change To Account Receivables | 27.4M | (12.7M) | (24.3M) | (105.6M) | (28.1M) | (26.7M) | |
| Dividends Paid | 8.2M | 8.2M | 8.2M | (8.2M) | (8.7M) | (8.3M) | |
| Investments | (17.2M) | (9.1M) | (28.9M) | (31.3M) | (15.3M) | (16.0M) | |
| Change Receivables | (19.6M) | 27.4M | (12.7M) | (24.3M) | (21.9M) | (20.8M) | |
| Net Borrowings | (10.4M) | (5.4M) | (22K) | 45M | 51.8M | 54.3M | |
| Exchange Rate Changes | (589K) | (437K) | 1.6M | (1.2M) | (1.3M) | (1.3M) | |
| Cash And Cash Equivalents Changes | (965K) | 31.4M | (3.2M) | (11.3M) | (13.0M) | (12.4M) | |
| Cash Flows Other Operating | (920K) | 2.0M | (2.5M) | 1.2M | 1.0M | 1.1M | |
| Change To Netincome | 1.9M | 1.2M | 1.0M | 2.1M | 2.4M | 2.6M | |
| Change To Liabilities | 114K | (14.7M) | 34.2M | 10.6M | 12.1M | 10.2M | |
| Change To Operating Activities | 1.4M | (1.8M) | (2.2M) | 6.3M | 5.7M | 5.9M |
Pair Trading with Miller Industries
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 Miller Industries 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 Miller Industries will appreciate offsetting losses from the drop in the long position's value.Moving together with Miller Stock
| 0.83 | VSTE | Vast Renewables | PairCorr |
| 0.76 | EFSH | 1847 Holdings LLC | PairCorr |
| 0.8 | CNR | Core Natural Resources, Symbol Change | PairCorr |
Moving against Miller Stock
| 0.74 | EFOI | Energy Focu | PairCorr |
| 0.57 | OI | O I Glass | PairCorr |
| 0.54 | DRVN | Driven Brands Holdings | PairCorr |
| 0.47 | MMM | 3M Company | PairCorr |
The ability to find closely correlated positions to Miller Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Miller Industries 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 Miller Industries - 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 Miller Industries to buy it.
The correlation of Miller Industries 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 Miller Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Miller Industries 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 Miller Industries 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.Additional Tools for Miller Stock Analysis
When running Miller Industries' price analysis, check to measure Miller Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Miller Industries is operating at the current time. Most of Miller Industries' value examination focuses on studying past and present price action to predict the probability of Miller Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Miller Industries' price. Additionally, you may evaluate how the addition of Miller Industries to your portfolios can decrease your overall portfolio volatility.