Phillips Cash Flow Overview
| PSX Stock | USD 157.79 1.05 0.66% |
Phillips |
Most accounts from Phillips' cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Phillips 66 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 Phillips Valuation and Phillips Correlation analysis. At this time, Phillips' Other Cashflows From Financing Activities is fairly stable compared to the past year. Other Non Cash Items is likely to rise to about 3.1 B in 2024, despite the fact that Change To Inventory is likely to grow to (232.8 M).
Phillips cash flow statement Correlations
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Phillips Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Phillips cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (204M) | (71M) | 511M | 74M | (245M) | (232.8M) | |
| Change In Cash | (1.4B) | 900M | 633M | 3.0B | (2.8B) | (2.7B) | |
| Free Cash Flow | 935M | (809M) | 4.2B | 8.6B | 4.6B | 2.5B | |
| Depreciation | 1.3B | 1.4B | 1.6B | 1.6B | 2.0B | 1.4B | |
| Other Non Cash Items | 39M | 152M | (27M) | (3.6B) | 3.0B | 3.1B | |
| Capital Expenditures | 3.9B | 2.9B | 1.9B | 2.2B | 2.4B | 2.8B | |
| Net Income | 3.4B | (3.7B) | 1.6B | 11.4B | 7.0B | 4.0B | |
| Dividends Paid | 1.6B | 1.6B | 1.6B | 1.8B | 1.9B | 1.4B | |
| Change Receivables | (2.3B) | 2.0B | (922M) | (2.1B) | (1.9B) | (1.8B) | |
| Net Borrowings | 1.8B | 4.1B | (1.5B) | (2.4B) | (2.2B) | (2.1B) | |
| End Period Cash Flow | 1.6B | 2.5B | 3.1B | 6.1B | 3.3B | 2.8B | |
| Change To Netincome | 897M | 4.7B | 976M | (2.7B) | (3.1B) | (3.0B) |
Phillips Investors Sentiment
The influence of Phillips' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Phillips. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Phillips' public news can be used to forecast risks associated with an investment in Phillips. The trend in average sentiment can be used to explain how an investor holding Phillips can time the market purely based on public headlines and social activities around Phillips 66. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Phillips' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Phillips' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Phillips' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Phillips.
Phillips Implied Volatility | 54.55 |
Phillips' implied volatility exposes the market's sentiment of Phillips 66 stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Phillips' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Phillips stock will not fluctuate a lot when Phillips' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Phillips in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Phillips' short interest history, or implied volatility extrapolated from Phillips options trading.
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Check out Phillips Valuation and Phillips Correlation analysis. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Phillips Stock analysis
When running Phillips' price analysis, check to measure Phillips' 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 Phillips is operating at the current time. Most of Phillips' value examination focuses on studying past and present price action to predict the probability of Phillips' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phillips' price. Additionally, you may evaluate how the addition of Phillips to your portfolios can decrease your overall portfolio volatility.
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Is Phillips' 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 Phillips. If investors know Phillips 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 Phillips 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 (0.28) | Dividend Share 4.2 | Earnings Share 15.49 | Revenue Per Share 327.454 | Quarterly Revenue Growth (0.05) |
The market value of Phillips 66 is measured differently than its book value, which is the value of Phillips that is recorded on the company's balance sheet. Investors also form their own opinion of Phillips' value that differs from its market value or its book value, called intrinsic value, which is Phillips' 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 Phillips' market value can be influenced by many factors that don't directly affect Phillips' 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 Phillips' value and its price as these two are different measures arrived at by different means. Investors typically determine if Phillips is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phillips' 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.