Topbuild Cash Flow Overview
| BLD Stock | USD 388.27 6.86 1.74% |
Topbuild |
Most accounts from Topbuild Corp's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Topbuild 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 Topbuild Corp Valuation and Topbuild Corp Correlation analysis. For information on how to trade Topbuild Stock refer to our How to Trade Topbuild Stock guide.At present, Topbuild Corp's Change In Cash 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 824.7 M, whereas Begin Period Cash Flow is forecasted to decline to about 121 M.
Topbuild Corp cash flow statement Correlations
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Topbuild Corp Account Relationship Matchups
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Topbuild Corp cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 17.4M | (11.8M) | (46.5M) | (93.9M) | 74.5M | 78.3M | |
| Change In Cash | 83.9M | 145.2M | (190.2M) | 100.3M | 608.5M | 638.9M | |
| Free Cash Flow | 226.2M | 316.9M | 347.5M | 419.4M | 785.4M | 824.7M | |
| Depreciation | 52.7M | 62.4M | 79.4M | 123.3M | 132.9M | 139.5M | |
| Other Non Cash Items | 13.7M | 10.1M | 26.3M | 23.3M | 859K | 816.1K | |
| Capital Expenditures | 45.5M | 40.9M | 55.5M | 76.4M | 64.0M | 39.1M | |
| Net Income | 191.0M | 247.0M | 324.0M | 556.0M | 614.3M | 645.0M | |
| End Period Cash Flow | 184.8M | 330.0M | 139.8M | 240.1M | 848.6M | 891.0M | |
| Net Borrowings | (12.8M) | (27.2M) | 770.7M | (38.7M) | (44.5M) | (42.2M) | |
| Change To Netincome | 34.7M | 19.7M | 32.8M | 38.7M | 44.6M | 46.8M | |
| Change Receivables | (27.1M) | 2.6M | (69.0M) | (169.3M) | (152.4M) | (144.8M) | |
| Investments | (50.1M) | (121.9M) | (1.3B) | (93.9M) | (198.2M) | (208.1M) |
Pair Trading with Topbuild Corp
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 Topbuild Corp 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 Topbuild Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Topbuild Stock
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The ability to find closely correlated positions to Topbuild Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Topbuild Corp 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 Topbuild Corp - 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 Topbuild Corp to buy it.
The correlation of Topbuild Corp 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 Topbuild Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Topbuild 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 Topbuild Corp 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 Topbuild Corp Valuation and Topbuild Corp Correlation analysis. For information on how to trade Topbuild Stock refer to our How to Trade Topbuild Stock guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Topbuild Stock analysis
When running Topbuild Corp's price analysis, check to measure Topbuild Corp'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 Topbuild Corp is operating at the current time. Most of Topbuild Corp's value examination focuses on studying past and present price action to predict the probability of Topbuild Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Topbuild Corp's price. Additionally, you may evaluate how the addition of Topbuild Corp to your portfolios can decrease your overall portfolio volatility.
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Is Topbuild Corp'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 Topbuild Corp. If investors know Topbuild 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 Topbuild Corp 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 0.019 | Earnings Share 19.32 | Revenue Per Share 164.402 | Quarterly Revenue Growth 0.017 | Return On Assets 0.1145 |
The market value of Topbuild Corp is measured differently than its book value, which is the value of Topbuild that is recorded on the company's balance sheet. Investors also form their own opinion of Topbuild Corp's value that differs from its market value or its book value, called intrinsic value, which is Topbuild Corp'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 Topbuild Corp's market value can be influenced by many factors that don't directly affect Topbuild Corp'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 Topbuild Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Topbuild Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Topbuild Corp'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.