SIR Historical Cash Flow
| SRV-UN Stock | CAD 12.55 0.20 1.57% |
Analysis of SIR Royalty cash flow over time is an excellent tool to project SIR Royalty Income 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 Dividends Paid of 8.1 M or Capital Expenditures of 0.0 as it is a great indicator of SIR Royalty ability to facilitate future growth, repay debt on time or pay out dividends.
SIR |
About SIR Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in SIR 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 SIR's non-liquid assets can be easily converted into cash.
SIR Royalty Cash Flow Chart
Add Fundamental
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Most accounts from SIR 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 SIR Royalty Income 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SIR Royalty Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At present, SIR Royalty's Change In Working Capital is projected to decrease significantly based on the last few years of reporting. The current year's Begin Period Cash Flow is expected to grow to about 432.8 K, whereas Change In Cash is forecasted to decline to about 601 K.
SIR Royalty cash flow statement Correlations
Click cells to compare fundamentals
SIR Royalty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SIR Royalty cash flow statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 1.7K | 1.3M | 862.2K | (1.9M) | 632.6K | 601.0K | |
| Free Cash Flow | 2.2M | 6.3M | 11.6M | 8.0M | 10.2M | 8.3M | |
| Change In Working Capital | 318.8K | (79.6K) | (891.4K) | 545.5K | 829.7K | 871.1K | |
| Begin Period Cash Flow | 136.9K | 138.6K | 1.4M | 2.3M | 412.2K | 432.8K | |
| Other Non Cash Items | 45.8M | 1.4M | (32.0M) | (11.6M) | (7.1M) | (6.8M) | |
| Dividends Paid | 2.2M | 5.0M | 10.7M | 9.9M | 9.5M | 8.1M | |
| Total Cash From Operating Activities | 2.2M | 6.3M | 11.6M | 8.0M | 10.2M | 8.3M | |
| Net Income | (44.0M) | 4.9M | 44.4M | 19.1M | 12.0M | 7.9M | |
| Total Cash From Financing Activities | (2.2M) | (5.0M) | (10.7M) | (9.9M) | (8.9M) | (8.5M) | |
| End Period Cash Flow | 138.6K | 1.4M | 2.3M | 412.2K | 1.0M | 631.1K | |
| Change To Operating Activities | 299.5K | 528.5K | 328.9K | (99.2K) | (114.0K) | (108.3K) | |
| Change To Netincome | 4.6M | (3.1M) | 45.9M | 1.5M | 1.7M | 1.6M | |
| Change To Liabilities | (16.4K) | 16.6K | (10.0K) | 19.6K | 17.6K | 18.5K |
Pair Trading with SIR 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 SIR 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 SIR Royalty will appreciate offsetting losses from the drop in the long position's value.Moving against SIR Stock
The ability to find closely correlated positions to SIR 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 SIR 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 SIR 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 SIR Royalty Income to buy it.
The correlation of SIR 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 SIR Royalty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SIR Royalty Income 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 SIR 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 SIR Stock
The Cash Flow Statement is a financial statement that shows how changes in SIR 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 SIR's non-liquid assets can be easily converted into cash.