Topaz Historical Cash Flow
| TPZ Stock | CAD 24.04 0.21 0.87% |
Analysis of Topaz Energy cash flow over time is an excellent tool to project Topaz Energy 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 Total Cash From Operating Activities of 165 M or Net Income of 31.9 M as it is a great indicator of Topaz Energy ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Topaz Energy 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 Topaz Energy Corp is a good buy for the upcoming year.
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About Topaz Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Topaz 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 Topaz's non-liquid assets can be easily converted into cash.
Topaz Energy Cash Flow Chart
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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 Topaz Energy 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 Topaz Energy 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 Topaz Energy Corp financial statement analysis. It represents the amount of money remaining after all of Topaz Energy Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Topaz Energy's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Topaz Energy 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 Topaz Energy 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 board of governors. At this time, Topaz Energy's Depreciation is very stable compared to the past year. As of the 29th of March 2025, Capital Expenditures is likely to grow to about 459.8 M, while Change In Cash is likely to drop (3.5 M).
| 2022 | 2023 | 2024 | 2025 (projected) | Dividends Paid | 157.3M | 176.3M | 191.2M | 127.3M | Depreciation | 209.6M | 217.5M | 250.2M | 262.7M |
Topaz Energy cash flow statement Correlations
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Topaz Energy Account Relationship Matchups
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Topaz Energy cash flow statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 212.0M | (220.2M) | (22.9M) | 3.5M | (3.3M) | (3.5M) | |
| Other Cashflows From Financing Activities | (21.2M) | 816.5M | 567.8M | 4.8M | 5.5M | 5.3M | |
| Depreciation | 86.1M | 154.3M | 209.6M | 217.5M | 250.2M | 262.7M | |
| Capital Expenditures | 1.3M | 2.8M | 354.7M | 8.1M | 437.9M | 459.8M | |
| Total Cash From Operating Activities | 83.6M | 165.0M | 317.9M | 300.6M | 276.3M | 165.0M | |
| Net Income | 3.1M | 27.6M | 99.4M | 47.6M | 46.4M | 31.9M | |
| Total Cash From Financing Activities | 301.0M | 536.2M | 36.2M | (245.2M) | 160.4M | 108.3M | |
| Investments | (172.6M) | (921.4M) | (354.1M) | (52.0M) | (440.0M) | (462.0M) | |
| Stock Based Compensation | 887K | 2.0M | 1.5M | 3.2M | 5.4M | 5.6M | |
| Free Cash Flow | 82.4M | 162.2M | (36.8M) | 292.4M | (161.6M) | (153.5M) | |
| Change In Working Capital | (5.4M) | (25.9M) | (15.9M) | 14.3M | (3.0M) | (3.2M) | |
| Other Non Cash Items | 12K | 464K | (5.1M) | (3.4M) | 614K | 644.7K | |
| Issuance Of Capital Stock | 395.4M | 381.6M | 177.4M | 0.0 | 206.9M | 182.6M | |
| End Period Cash Flow | 220.2M | 22.9M | 0.0 | 3.5M | 147K | 139.7K |
Pair Trading with Topaz Energy
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 Topaz Energy 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 Topaz Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Topaz Stock
| 0.79 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.78 | ENB-PFU | Enbridge Pref L | PairCorr |
| 0.7 | RBA | Ritchie Bros Auctioneers | PairCorr |
| 0.68 | BBUC | Brookfield Business Corp | PairCorr |
| 0.46 | SAGE | Sage Potash Corp | PairCorr |
The ability to find closely correlated positions to Topaz Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Topaz Energy 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 Topaz Energy - 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 Topaz Energy Corp to buy it.
The correlation of Topaz Energy 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 Topaz Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Topaz Energy 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 Topaz Energy 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 Topaz Stock
The Cash Flow Statement is a financial statement that shows how changes in Topaz 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 Topaz's non-liquid assets can be easily converted into cash.