Sitio Historical Cash Flow
| STR Stock | USD 23.70 0.08 0.34% |
Analysis of Sitio Royalties cash flow over time is an excellent tool to project Sitio Royalties Corp 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 Depreciation of 161.5 M or Other Non Cash Items of 214.2 M as it is a great indicator of Sitio Royalties ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Sitio Royalties Corp 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 Sitio Royalties Corp is a good buy for the upcoming year.
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About Sitio Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Sitio 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 Sitio's non-liquid assets can be easily converted into cash.
Sitio Royalties Cash Flow Chart
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Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.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.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Capital Expenditures
Capital Expenditures are funds used by Sitio Royalties Corp to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Sitio Royalties operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most accounts from Sitio Royalties' cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Sitio Royalties Corp 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 Sitio Royalties Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, Sitio Royalties' Net Borrowings is relatively stable compared to the past year.
| 2021 | 2022 | 2023 | 2024 (projected) | Capital Expenditures | 38.7M | 558.4M | 170.5M | 162.0M | Dividends Paid | 67.5M | 133.5M | 162.0M | 103.1M |
Sitio Royalties cash flow statement Correlations
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Sitio Royalties Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sitio Royalties cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (1.1M) | (425K) | (1.7M) | 88.6M | (8.8M) | (8.4M) | |
| Change In Cash | (4.8M) | (10.6M) | 4.8M | 6.4M | (3.6M) | (3.8M) | |
| Free Cash Flow | 31.9M | (9.8M) | 27.2M | (393.4M) | 317.0M | 332.8M | |
| Change In Working Capital | 5.4M | 4.7M | (25.3M) | (116.7M) | 63.0M | 66.1M | |
| Begin Period Cash Flow | 7.3M | 18.1M | 7.5M | 12.4M | 18.8M | 14.1M | |
| Other Cashflows From Financing Activities | 11.1M | 24.4M | 91.7M | (40.0M) | (197.7M) | (187.8M) | |
| Depreciation | 75K | 14.6M | 15.8M | 104.5M | 291.3M | 161.5M | |
| Other Non Cash Items | 30.4M | 16.9M | 24.1M | (17.9M) | 204.0M | 214.2M | |
| Dividends Paid | 30.3M | 11.8M | 67.5M | 133.5M | 162.0M | 103.1M | |
| Capital Expenditures | 23.4M | 35.8M | 38.7M | 558.4M | 170.5M | 162.0M | |
| Total Cash From Operating Activities | 55.2M | 26.0M | 65.9M | 165.0M | 487.5M | 394.0M | |
| Change To Account Receivables | 3.4M | 2.5M | (4.6M) | (25.3M) | 33.6M | 35.2M | |
| Net Income | 14.4M | (14.2M) | 47.5M | 184.1M | (46.7M) | (44.4M) | |
| Total Cash From Financing Activities | (36.7M) | (15.1M) | (22.3M) | 399.6M | (431.4M) | (409.8M) | |
| End Period Cash Flow | 2.5M | 7.5M | 12.4M | 18.8M | 15.2M | 16.0M | |
| Total Cashflows From Investing Activities | (248.6M) | (21.6M) | (38.7M) | (558.1M) | (502.3M) | (477.2M) | |
| Investments | (23.4M) | (2.4M) | (1.3M) | (558.1M) | (160.6M) | (168.6M) |
Pair Trading with Sitio Royalties
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 Sitio Royalties 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 Sitio Royalties will appreciate offsetting losses from the drop in the long position's value.Moving together with Sitio Stock
| 0.75 | AR | Antero Resources Corp Potential Growth | PairCorr |
| 0.77 | EP | Empire Petroleum Corp | PairCorr |
| 0.87 | PR | Permian Resources | PairCorr |
| 0.72 | SM | SM Energy | PairCorr |
Moving against Sitio Stock
| 0.75 | BRN | Barnwell Industries | PairCorr |
| 0.63 | BRY | Berry Petroleum Corp | PairCorr |
| 0.46 | APA | APA Corporation | PairCorr |
| 0.32 | EONR | EON Resources Symbol Change | PairCorr |
The ability to find closely correlated positions to Sitio Royalties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sitio Royalties 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 Sitio Royalties - 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 Sitio Royalties Corp to buy it.
The correlation of Sitio Royalties 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 Sitio Royalties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sitio Royalties Corp 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 Sitio Royalties 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 Sitio Stock Analysis
When running Sitio Royalties' price analysis, check to measure Sitio Royalties' 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 Sitio Royalties is operating at the current time. Most of Sitio Royalties' value examination focuses on studying past and present price action to predict the probability of Sitio Royalties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sitio Royalties' price. Additionally, you may evaluate how the addition of Sitio Royalties to your portfolios can decrease your overall portfolio volatility.