Boyd Historical Cash Flow
| BYD Stock | CAD 212.82 2.28 1.08% |
Analysis of Boyd Group cash flow over time is an excellent tool to project Boyd Group Services 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 19 M or Depreciation of 209 M as it is a great indicator of Boyd 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 Boyd Group Services 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 Boyd Group Services is a good buy for the upcoming year.
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About Boyd Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Boyd 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 Boyd's non-liquid assets can be easily converted into cash.
Boyd Group Cash Flow Chart
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Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Capital Expenditures
Capital Expenditures are funds used by Boyd Group Services to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Boyd Group operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.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 Boyd 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 Boyd Group Services 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 Boyd Group Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Boyd Group's Change To Account Receivables is very stable compared to the past year.
| 2021 | 2022 | 2024 | 2025 (projected) | Change To Liabilities | 37.4M | 53.0M | 60.9M | 31.3M | Change To Netincome | 33.6M | 49.2M | 56.6M | 43.8M |
Boyd Group cash flow statement Correlations
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Boyd Group Account Relationship Matchups
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Boyd Group cash flow statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 33.1M | (33.3M) | (12.6M) | 9.3M | (2.5M) | (2.4M) | |
| Free Cash Flow | 213.9M | 160.3M | 230.6M | 364.7M | 232.9M | 244.5M | |
| Change In Working Capital | 12.9M | (14.1M) | (1.5M) | 25.7M | (5.9M) | (5.6M) | |
| Begin Period Cash Flow | 27.8M | 61.0M | 27.7M | 20.4M | 22.5M | 19.0M | |
| Other Cashflows From Financing Activities | (11.5M) | 302.4M | 88.3M | (29.8M) | (70.5M) | (66.9M) | |
| Depreciation | 138.6M | 153.7M | 175.6M | 260.3M | 199.0M | 209.0M | |
| Other Non Cash Items | 30.1M | 23.5M | 33.1M | 528.5M | 70.9M | 74.4M | |
| Capital Expenditures | 26.9M | 36.4M | 33.6M | 91.1M | 80.5M | 84.5M | |
| Total Cash From Operating Activities | 240.7M | 196.7M | 264.2M | 455.8M | 313.3M | 329.0M | |
| Net Income | 45.3M | 23.5M | 41.0M | 117.0M | 24.5M | 16.8M | |
| Total Cash From Financing Activities | (115.8M) | 124.4M | (228.4M) | (116.2M) | (106.9M) | (101.5M) | |
| End Period Cash Flow | 60.9M | 27.7M | 15.1M | 29.7M | 20.0M | 20.0M | |
| Change To Inventory | 6.1M | (30.8M) | (11.6M) | 3.1M | 5.7M | 5.9M | |
| Dividends Paid | 7.1M | 9.7M | 9.5M | 9.4M | 9.4M | 5.7M | |
| Change To Account Receivables | 1.4M | (10.4M) | (37.6M) | (8.0M) | 23.4M | 24.6M | |
| Stock Based Compensation | 3.4M | 3.9M | 4.1M | 8.6M | 7.7M | 5.8M | |
| Total Cashflows From Investing Activities | (101.1M) | (354.1M) | (47.9M) | (244.4M) | (207.7M) | (218.1M) | |
| Other Cashflows From Investing Activities | (2.4M) | (1.4M) | (14.3M) | (185.2M) | (127.3M) | (120.9M) | |
| Investments | (101.1M) | (354.1M) | (47.9M) | (244.4M) | (207.7M) | (218.1M) | |
| Net Borrowings | 20.9M | (311.5M) | 162.1M | (181.0M) | (162.9M) | (154.8M) | |
| Change To Operating Activities | (3.8M) | 4.0M | (8.8M) | (7.1M) | (6.4M) | (6.7M) | |
| Change To Netincome | 75.0M | 56.1M | 33.6M | 49.2M | 56.6M | 43.8M | |
| Change To Liabilities | 1.6M | 9.8M | 37.4M | 53.0M | 60.9M | 31.3M |
Pair Trading with Boyd 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 Boyd 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 Boyd Group will appreciate offsetting losses from the drop in the long position's value.Moving against Boyd Stock
The ability to find closely correlated positions to Boyd 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 Boyd 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 Boyd 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 Boyd Group Services to buy it.
The correlation of Boyd 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 Boyd Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boyd Group Services 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 Boyd 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.Other Information on Investing in Boyd Stock
The Cash Flow Statement is a financial statement that shows how changes in Boyd 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 Boyd's non-liquid assets can be easily converted into cash.