Altus Historical Cash Flow
| AIF Stock | CAD 49.35 1.42 2.80% |
Analysis of Altus Group cash flow over time is an excellent tool to project Altus Group Limited 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 Begin Period Cash Flow of 49 M or Other Cashflows From Financing Activities of 109.6 M as it is a great indicator of Altus Group ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Altus Group Limited 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 Altus Group Limited is a good buy for the upcoming year.
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About Altus Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Altus 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 Altus's non-liquid assets can be easily converted into cash.
Altus Group Cash Flow Chart
Altus Cash Flow Statement became part of mandatory reporting in 1987. It is now one of three main statements in accounting used to measure how well a company manages its liquidity and overall cash position. The rate of cash utilization and preservation is now part of the leading indicators of a healthy entity, and the Altus Group Limited Cash Flow Statement shows how well the company generates cash to payout debt obligations or to cover ongoing operating expenses.
At this time, Altus Group's Change To Netincome is very stable compared to the past year. Add Fundamental
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Most accounts from Altus Group's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Altus Group Limited 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Altus Group Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. At this time, Altus Group's Change To Netincome is very stable compared to the past year.
Altus Group cash flow statement Correlations
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Altus Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Altus Group cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 11.5M | 9.4M | (18.4M) | 4.0M | (2.0M) | (1.9M) | |
| Free Cash Flow | 46.5M | 68.0M | 45.7M | 52.6M | 38.0M | 28.5M | |
| Change In Working Capital | (23.1M) | (1.9M) | (18.8M) | (5.5M) | (32.3M) | (30.6M) | |
| Begin Period Cash Flow | 48.7M | 60.3M | 69.6M | 51.3M | 46.6M | 49.0M | |
| Other Cashflows From Financing Activities | 28.5M | 49.4M | 354.4M | 90.8M | 104.4M | 109.6M | |
| Depreciation | 51.3M | 41.8M | 46.6M | 59.5M | 57.3M | 32.5M | |
| Other Non Cash Items | (10.7M) | (14.9M) | (29.6M) | (10.2M) | 24.4M | 25.6M | |
| Capital Expenditures | 5.9M | 4.4M | 10.6M | 24.5M | 16.2M | 17.0M | |
| Total Cash From Operating Activities | 52.4M | 72.3M | 56.3M | 77.1M | 54.2M | 36.1M | |
| Net Income | 25.2M | 32.0M | 34.2M | 3.9M | 10.2M | 14.3M | |
| Total Cash From Financing Activities | (20.8M) | (41.3M) | 300.4M | (18.7M) | (47.4M) | (45.1M) | |
| End Period Cash Flow | 60.3M | 69.6M | 51.3M | 55.3M | 41.1M | 25.6M | |
| Dividends Paid | 19.2M | 21.9M | 21.6M | 24.7M | 26.2M | 20.4M | |
| Sale Purchase Of Stock | (5.4M) | (3.6M) | (6.3M) | (12.6M) | (7.0M) | (7.3M) | |
| Investments | (18.4M) | (4.2M) | (3.8M) | (54.1M) | (12.3M) | (12.9M) | |
| Net Borrowings | (3.1M) | (27.1M) | 150.1M | 12.4M | 14.2M | 14.2M | |
| Stock Based Compensation | 9.8M | 15.4M | 23.9M | 29.4M | 26.7M | 14.0M | |
| Total Cashflows From Investing Activities | (18.4M) | (20.9M) | (373.3M) | (54.1M) | (48.7M) | (51.1M) | |
| Change To Operating Activities | (23.1M) | (1.9M) | (18.8M) | (5.5M) | (5.0M) | (5.2M) | |
| Change To Netincome | 9.6M | 11.2M | 2.9M | 23.9M | 27.5M | 28.9M | |
| Other Cashflows From Investing Activities | (12.5M) | (16.6M) | (362.7M) | (29.6M) | (26.6M) | (28.0M) |
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 Altus Group 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, Altus Group's short interest history, or implied volatility extrapolated from Altus Group options trading.
Pair Trading with Altus Group
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 Altus Group 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 Altus Group will appreciate offsetting losses from the drop in the long position's value.Moving together with Altus Stock
| 0.81 | AMZN | Amazon CDR | PairCorr |
| 0.85 | JPM | JPMorgan Chase | PairCorr |
Moving against Altus Stock
| 0.85 | AAPL | Apple Inc CDR | PairCorr |
The ability to find closely correlated positions to Altus Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altus Group 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 Altus Group - 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 Altus Group Limited to buy it.
The correlation of Altus Group 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 Altus Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altus Group Limited 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 Altus Group 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Altus Group Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Altus Group Limited information on this page should be used as a complementary analysis to other Altus Group'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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Altus Stock analysis
When running Altus Group's price analysis, check to measure Altus Group'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 Altus Group is operating at the current time. Most of Altus Group's value examination focuses on studying past and present price action to predict the probability of Altus Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altus Group's price. Additionally, you may evaluate how the addition of Altus Group to your portfolios can decrease your overall portfolio volatility.
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