PrairieSky Historical Cash Flow
| PSK Stock | CAD 26.16 0.16 0.61% |
Analysis of PrairieSky Royalty cash flow over time is an excellent tool to project PrairieSky Royalty 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 Capital Expenditures of 46.6 M or Total Cash From Operating Activities of 285.6 M as it is a great indicator of PrairieSky Royalty ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining PrairieSky Royalty 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 PrairieSky Royalty is a good buy for the upcoming year.
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About PrairieSky Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in PrairieSky 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 PrairieSky's non-liquid assets can be easily converted into cash.
PrairieSky Royalty Cash Flow Chart
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Capital Expenditures
Capital Expenditures are funds used by PrairieSky Royalty to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of PrairieSky Royalty 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 PrairieSky Royalty financial statement analysis. It represents the amount of money remaining after all of PrairieSky Royalty operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Most accounts from PrairieSky Royalty's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into PrairieSky Royalty 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 Equity Center to better understand how to build diversified portfolios, which includes a position in PrairieSky Royalty. 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, PrairieSky Royalty's Free Cash Flow is very stable compared to the past year. As of the 29th of March 2025, Other Non Cash Items is likely to grow to about 11.4 M, while Stock Based Compensation is likely to drop about 4.9 M.
PrairieSky Royalty cash flow statement Correlations
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PrairieSky Royalty Account Relationship Matchups
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PrairieSky Royalty cash flow statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Stock Based Compensation | 600K | 11.8M | 23.3M | (2.9M) | 7.5M | 4.9M | |
| Free Cash Flow | 142.9M | (733.6M) | 534.9M | 261M | 330.8M | 347.3M | |
| Other Cashflows From Financing Activities | (200K) | 700K | 100K | (1.9M) | (345K) | (362.3K) | |
| Depreciation | 104.5M | 101.8M | 145.8M | 141.3M | 162.5M | 125.5M | |
| Other Non Cash Items | 6.6M | 6.7M | 8.3M | 6.2M | 10.9M | 11.4M | |
| Capital Expenditures | 9.4M | 985.6M | 30.6M | 57.9M | 49.1M | 46.6M | |
| Total Cash From Operating Activities | 152.3M | 252M | 565.5M | 318.9M | 379.9M | 285.6M | |
| Net Income | 31.7M | 123.3M | 317.5M | 227.6M | 215.3M | 146.5M | |
| Total Cash From Financing Activities | (143.7M) | 734.4M | (534.9M) | (261M) | (330.3M) | (313.8M) | |
| Sale Purchase Of Stock | (90.9M) | (22.7M) | (700K) | (300K) | (270K) | (256.5K) | |
| Net Borrowings | 800K | 34.9M | 601.3M | (426.6M) | (490.6M) | (466.1M) | |
| Total Cashflows From Investing Activities | (10M) | (8.6M) | (986.4M) | (30.6M) | (27.5M) | (28.9M) | |
| Dividends Paid | 87.8M | 62.4M | 107.6M | 229.2M | (236.4M) | (224.6M) | |
| Change To Netincome | (20.3M) | 4.1M | 40.5M | 35.9M | 41.3M | 43.3M | |
| Investments | (8.6M) | (986.4M) | (30.6M) | (41.9M) | (49.1M) | (51.6M) |
Pair Trading with PrairieSky Royalty
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 PrairieSky Royalty 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 PrairieSky Royalty will appreciate offsetting losses from the drop in the long position's value.Moving against PrairieSky Stock
| 0.84 | ENB-PFU | Enbridge Pref L | PairCorr |
| 0.83 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.81 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.59 | LLY | Eli Lilly | PairCorr |
| 0.54 | SAGE | Sage Potash Corp | PairCorr |
The ability to find closely correlated positions to PrairieSky Royalty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PrairieSky Royalty 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 PrairieSky Royalty - 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 PrairieSky Royalty to buy it.
The correlation of PrairieSky Royalty 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 PrairieSky Royalty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PrairieSky Royalty 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 PrairieSky Royalty 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 PrairieSky Stock
The Cash Flow Statement is a financial statement that shows how changes in PrairieSky 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 PrairieSky's non-liquid assets can be easily converted into cash.