Escalade Cash Flow Overview
ESCA Stock | USD 14.00 0.24 1.74% |
Escalade |
Most accounts from Escalade Incorporated's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Escalade Incorporated 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 Escalade Incorporated Valuation and Escalade Incorporated Correlation analysis. For information on how to trade Escalade Stock refer to our How to Trade Escalade Stock guide.At present, Escalade Incorporated's Change To Inventory is projected to increase significantly based on the last few years of reporting. The current year's Free Cash Flow is expected to grow to about 48.6 M, whereas Change In Cash is projected to grow to (3.8 M).
2021 | 2022 | 2023 | 2024 (projected) | Begin Period Cash Flow | 3.5M | 4.4M | 4.0M | 2.5M | End Period Cash Flow | 4.4M | 4.0M | 16K | 15.2K |
Escalade Incorporated cash flow statement Correlations
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Escalade Incorporated Account Relationship Matchups
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Escalade Incorporated cash flow statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change To Inventory | (3.1M) | (26.4M) | (19.9M) | (15.8M) | 29.4M | 30.9M | |
Change In Cash | 3.1M | (2.4M) | 869K | (407K) | (4.0M) | (3.8M) | |
Free Cash Flow | 13.9M | (2.8M) | (8.8M) | 6.4M | 46.2M | 48.6M | |
Depreciation | 4.0M | 4.0M | 4.8M | 6.1M | 5.7M | 4.9M | |
Other Non Cash Items | 676K | 1.5M | 378K | 2.0M | 2.9M | 3.0M | |
Capital Expenditures | 2.2M | 5.5M | 9.7M | 2.1M | 2.1M | 3.5M | |
Net Income | 7.3M | 25.9M | 24.4M | 18.0M | 9.8M | 9.3M | |
End Period Cash Flow | 5.9M | 3.5M | 4.4M | 4.0M | 16K | 15.2K | |
Dividends Paid | 7.2M | 7.5M | 7.7M | 8.2M | 6.2M | 4.9M | |
Change To Netincome | 970K | 2.1M | 1.0M | 1.8M | 1.6M | 1.7M | |
Investments | (2.9M) | (21.0M) | (9.7M) | (37.8M) | (1.9M) | (2.0M) | |
Change Receivables | 4.9M | (29.9M) | (301K) | 9.7M | 8.8M | 9.2M | |
Net Borrowings | (112K) | 30.0M | 27.4M | 37M | 42.6M | 44.7M |
Pair Trading with Escalade Incorporated
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 Escalade Incorporated 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 Escalade Incorporated will appreciate offsetting losses from the drop in the long position's value.Moving together with Escalade Stock
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The ability to find closely correlated positions to Escalade Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Escalade Incorporated 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 Escalade Incorporated - 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 Escalade Incorporated to buy it.
The correlation of Escalade Incorporated 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 Escalade Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Escalade Incorporated 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 Escalade Incorporated 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.Check out Escalade Incorporated Valuation and Escalade Incorporated Correlation analysis. For information on how to trade Escalade Stock refer to our How to Trade Escalade Stock guide.Note that the Escalade Incorporated information on this page should be used as a complementary analysis to other Escalade Incorporated's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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When running Escalade Incorporated's price analysis, check to measure Escalade Incorporated's 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 Escalade Incorporated is operating at the current time. Most of Escalade Incorporated's value examination focuses on studying past and present price action to predict the probability of Escalade Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Escalade Incorporated's price. Additionally, you may evaluate how the addition of Escalade Incorporated to your portfolios can decrease your overall portfolio volatility.
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Is Escalade Incorporated's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Escalade Incorporated. If investors know Escalade will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Escalade Incorporated listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.072 | Dividend Share 0.6 | Earnings Share 0.71 | Revenue Per Share 19.219 | Quarterly Revenue Growth (0.09) |
The market value of Escalade Incorporated is measured differently than its book value, which is the value of Escalade that is recorded on the company's balance sheet. Investors also form their own opinion of Escalade Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Escalade Incorporated's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Escalade Incorporated's market value can be influenced by many factors that don't directly affect Escalade Incorporated's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Escalade Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Escalade Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Escalade Incorporated's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.