Abacus Historical Cash Flow
| AME Stock | CAD 0.04 0.00 0.00% |
Analysis of Abacus Mining cash flow over time is an excellent tool to project Abacus Mining 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 Other Non Cash Items of 3.7 M or Capital Expenditures of 141.3 K as it is a great indicator of Abacus Mining ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Abacus Mining 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 Abacus Mining is a good buy for the upcoming year.
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About Abacus Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Abacus 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 Abacus's non-liquid assets can be easily converted into cash.
Abacus Mining Cash Flow Chart
Abacus 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 Abacus Mining Cash Flow Statement shows how well the company generates cash to payout debt obligations or to cover ongoing operating expenses.
At this time, Abacus Mining's Other Non Cash Items is fairly stable compared to the past year. Depreciation is likely to climb to about 79.7 K in 2024, whereas Free Cash Flow is likely to drop (618.3 K) in 2024. Add Fundamental
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.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.Most accounts from Abacus Mining's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Abacus Mining 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 Abacus Mining and. 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, Abacus Mining's Other Non Cash Items is fairly stable compared to the past year. Depreciation is likely to climb to about 79.7 K in 2024, whereas Free Cash Flow is likely to drop (618.3 K) in 2024.
| 2023 | 2024 (projected) | Stock Based Compensation | 39.0K | 37.0K | Depreciation | 75.9K | 79.7K |
Abacus Mining cash flow statement Correlations
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Abacus Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Abacus Mining cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 229.6K | 196.9K | (570.5K) | 18.7K | (62.7K) | (59.5K) | |
| Free Cash Flow | (502.6K) | (1.2M) | (2.1M) | (687.7K) | (588.9K) | (618.3K) | |
| Begin Period Cash Flow | 202.0K | 431.6K | 628.5K | 58.0K | 316.2K | 300.4K | |
| Other Cashflows From Financing Activities | (7.2K) | (44.9K) | (91.8K) | (53.6K) | (61.6K) | (64.7K) | |
| Other Non Cash Items | 2.0M | 2.0M | 3.1M | 2.6M | 2.4M | 3.7M | |
| Capital Expenditures | 33.2K | 164.5K | 118.0K | 135.4K | 148.7K | 141.3K | |
| Total Cash From Operating Activities | (469.4K) | (1.0M) | (2.0M) | (552.3K) | (440.2K) | (462.2K) | |
| Net Income | (2.7M) | (3.0M) | (5.5M) | (3.3M) | (1.3M) | (1.4M) | |
| Total Cash From Financing Activities | 706.1K | 1.4M | 1.6M | 706.4K | 526.2K | 499.9K | |
| End Period Cash Flow | 431.6K | 628.5K | 58.0K | 76.7K | 253.5K | 240.8K | |
| Change In Working Capital | 202.9K | (194.4K) | 43.9K | (18.5K) | (610.0) | (640.5) | |
| Stock Based Compensation | 30.7K | 180.2K | 320.7K | 193.5K | 39.0K | 37.0K | |
| Change To Account Receivables | (1.4K) | (20.5K) | 10.6K | 8.5K | 9.7K | 10.2K | |
| Investments | (7.2K) | (164.5K) | (118.0K) | (135.4K) | (148.7K) | (156.1K) | |
| Total Cashflows From Investing Activities | (170.1K) | (7.2K) | (164.5K) | (118.0K) | (106.2K) | (100.8K) | |
| Change To Operating Activities | (1.5K) | 4.9K | (8.1K) | (4.1K) | (3.7K) | (3.5K) | |
| Change To Netincome | 1.9M | 2.0M | 2.2M | 3.3M | 3.0M | 5.1M | |
| Change To Liabilities | 115.5K | 199.4K | (165.8K) | 37.4K | 43.1K | 45.2K | |
| Issuance Of Capital Stock | 706.1K | 1.5M | 1.7M | 760K | 550K | 859K |
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 Abacus Mining 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, Abacus Mining's short interest history, or implied volatility extrapolated from Abacus Mining options trading.
Pair Trading with Abacus Mining
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 Abacus Mining 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 Abacus Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with Abacus Stock
| 0.61 | GOOG | Alphabet CDR | PairCorr |
Moving against Abacus Stock
| 0.76 | PFE | Pfizer Inc CDR | PairCorr |
| 0.57 | IBM | International Business | PairCorr |
The ability to find closely correlated positions to Abacus Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Abacus Mining 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 Abacus Mining - 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 Abacus Mining and to buy it.
The correlation of Abacus Mining 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 Abacus Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Abacus Mining 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 Abacus Mining 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 Abacus Mining and. 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. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Abacus Stock analysis
When running Abacus Mining's price analysis, check to measure Abacus Mining'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 Abacus Mining is operating at the current time. Most of Abacus Mining's value examination focuses on studying past and present price action to predict the probability of Abacus Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abacus Mining's price. Additionally, you may evaluate how the addition of Abacus Mining to your portfolios can decrease your overall portfolio volatility.
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