Whitecap Historical Cash Flow
| WCP Stock | CAD 10.28 0.09 0.88% |
Analysis of Whitecap Resources cash flow over time is an excellent tool to project Whitecap Resources 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 Change In Cash of 0.0 or Free Cash Flow of 648.5 M as it is a great indicator of Whitecap Resources ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Whitecap Resources 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 Whitecap Resources is a good buy for the upcoming year.
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About Whitecap Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Whitecap 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 Whitecap's non-liquid assets can be easily converted into cash.
Whitecap Resources 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.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Most accounts from Whitecap Resources' cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Whitecap Resources 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Whitecap Resources. 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, Whitecap Resources' Net Borrowings is very stable compared to the past year. As of the 28th of November 2024, Dividends Paid is likely to grow to about 391.4 M, though Change In Working Capital is likely to grow to (46.5 M).
Whitecap Resources cash flow statement Correlations
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Whitecap Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Whitecap Resources cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Free Cash Flow | 237.4M | 248.9M | 564.7M | 1.5B | 617.6M | 648.5M | |
| Change In Working Capital | (30.3M) | 16.3M | 25.3M | (139.7M) | (48.9M) | (46.5M) | |
| Other Cashflows From Financing Activities | 494K | (5.8M) | 7.2M | (2.5B) | 7.1M | 7.5M | |
| Capital Expenditures | 408.0M | 201.3M | 559.2M | 694.5M | 1.1B | 1.2B | |
| Total Cash From Operating Activities | 645.4M | 450.2M | 1.1B | 2.2B | 1.7B | 1.8B | |
| Net Income | (155.9M) | (1.8B) | 1.8B | 1.7B | 889M | 933.5M | |
| Total Cash From Financing Activities | (247.6M) | (189.1M) | (736.5M) | 313.4M | (976.9M) | (928.1M) | |
| Sale Purchase Of Stock | (19.6M) | (10.2M) | (164.2M) | (242.7M) | (122.7M) | (116.6M) | |
| Depreciation | 867.2M | 2.8B | (1.3B) | 806.5M | 9.3M | 8.8M | |
| Other Non Cash Items | 3.1M | 9.5M | 16.4M | (719.4M) | 661.7M | 694.8M | |
| Stock Based Compensation | 8.7M | 7.5M | 7.9M | 11.1M | 14.4M | 9.9M | |
| Investments | (397.8M) | (261.0M) | (387.4M) | (2.5B) | (539.1M) | (566.1M) | |
| Net Borrowings | (90.1M) | (85.8M) | (453.4M) | 784.8M | 706.3M | 741.6M | |
| Total Cashflows From Investing Activities | (397.8M) | (261.0M) | (387.4M) | (2.5B) | (2.2B) | (2.1B) | |
| Dividends Paid | 138.3M | 87.3M | 126.1M | 237.2M | 372.8M | 391.4M | |
| Change To Operating Activities | (30.3M) | 16.3M | 25.3M | (139.7M) | (125.7M) | (119.4M) | |
| Other Cashflows From Investing Activities | 9.3M | (42.8M) | 71.4M | (1.8B) | (1.6B) | (1.5B) | |
| Change To Netincome | 35.8M | (463.5M) | 598.5M | 458.1M | 526.8M | 553.2M |
Pair Trading with Whitecap Resources
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 Whitecap Resources 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 Whitecap Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Whitecap Stock
The ability to find closely correlated positions to Whitecap Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Whitecap Resources 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 Whitecap Resources - 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 Whitecap Resources to buy it.
The correlation of Whitecap Resources 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 Whitecap Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Whitecap Resources 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 Whitecap Resources 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 Whitecap Stock
The Cash Flow Statement is a financial statement that shows how changes in Whitecap 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 Whitecap's non-liquid assets can be easily converted into cash.