ODP Historical Cash Flow
| ODP Stock | USD 17.42 0.83 4.55% |
Analysis of ODP Corp cash flow over time is an excellent tool to project ODP Corp 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 Capital Expenditures of 187.8 M or Total Cash From Operating Activities of 123.5 M as it is a great indicator of ODP Corp ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining ODP Corp 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 ODP Corp is a good buy for the upcoming year.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ODP Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. About ODP Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in ODP 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 ODP's non-liquid assets can be easily converted into cash.
ODP Corp Cash Flow Chart
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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 ODP 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 ODP 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in ODP Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in ODP Stock, please use our How to Invest in ODP Corp guide.At this time, ODP Corp's Cash Flows Other Operating is relatively stable compared to the past year.
ODP Corp cash flow statement Correlations
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ODP Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ODP Corp cash flow statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 29M | (192M) | (133M) | (9M) | (224M) | (212.8M) | |
| Free Cash Flow | 417M | 273M | 138M | 226M | 32M | 30.4M | |
| Depreciation | 189M | 146M | 131M | 115M | 97M | 177.0M | |
| Other Non Cash Items | 486M | 38M | 31M | 111M | 28M | 26.6M | |
| Capital Expenditures | 68M | 73M | 99M | 105M | 98M | 187.8M | |
| Total Cash From Operating Activities | 485M | 346M | 237M | 331M | 130M | 123.5M | |
| Net Income | (319M) | 187M | 178M | 139M | 106M | 111.3M | |
| End Period Cash Flow | 729M | 537M | 404M | 395M | 171M | 162.5M | |
| Change To Inventory | 84M | 35M | 13M | 47M | (24M) | (25.2M) | |
| Change In Working Capital | 79M | (57M) | (183M) | (110M) | (171M) | (162.5M) | |
| Begin Period Cash Flow | 700M | 729M | 537M | 404M | 395M | 507.1M | |
| Other Cashflows From Financing Activities | (8M) | (1M) | (5M) | (2M) | (21M) | (22.1M) | |
| Total Cash From Financing Activities | (1.2B) | (459M) | (355M) | (340M) | (225M) | (236.3M) | |
| Other Cashflows From Investing Activities | (14M) | 23M | 81M | 10M | (28M) | (26.6M) | |
| Sale Purchase Of Stock | (35M) | (333M) | (286M) | (321M) | (315M) | (299.3M) | |
| Change To Account Receivables | 36M | (61M) | (42M) | 41M | 47.2M | 49.5M | |
| Stock Based Compensation | 27M | 33M | 41M | 36M | 32M | 28.3M | |
| Total Cashflows From Investing Activities | 736M | (79M) | (10M) | (2M) | (126M) | (119.7M) | |
| Net Borrowings | (97M) | (1.1B) | (125M) | (64M) | (57.6M) | (60.5M) | |
| Cash And Cash Equivalents Changes | 35M | 28M | (192M) | (128M) | (115.2M) | (109.4M) | |
| Change To Netincome | 267M | 804M | 159M | 59M | 67.9M | 64.5M | |
| Investments | 818M | (79M) | (10M) | (2M) | (126M) | (119.7M) | |
| Change To Operating Activities | 321M | 317M | 281M | 282M | 324.3M | 340.5M | |
| Change To Liabilities | (532M) | (513M) | (312M) | (436M) | (392.4M) | (412.0M) |
Pair Trading with ODP 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 ODP 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 ODP Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with ODP Stock
Moving against ODP Stock
| 0.32 | JD | JD Inc Adr Aggressive Push | PairCorr |
The ability to find closely correlated positions to ODP 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 ODP 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 ODP 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 ODP Corp to buy it.
The correlation of ODP 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 ODP Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ODP 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 ODP 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.Additional Tools for ODP Stock Analysis
When running ODP Corp's price analysis, check to measure ODP 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 ODP Corp is operating at the current time. Most of ODP Corp's value examination focuses on studying past and present price action to predict the probability of ODP 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 ODP Corp's price. Additionally, you may evaluate how the addition of ODP Corp to your portfolios can decrease your overall portfolio volatility.