Axos Historical Cash Flow
| AX Stock | USD 50.30 1.09 2.21% |
Analysis of Axos Financial cash flow over time is an excellent tool to project Axos Financial 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 Stock Based Compensation of 31.5 M or Free Cash Flow of 95.4 M as it is a great indicator of Axos Financial ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Axos Financial 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 Axos Financial is a good buy for the upcoming year.
Axos |
About Axos Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Axos 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 Axos's non-liquid assets can be easily converted into cash.
Axos Financial Cash Flow Chart
Axos 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 Axos Financial Cash Flow Statement shows how well the company generates cash to payout debt obligations or to cover ongoing operating expenses.
At this time, Axos Financial's Change To Inventory is fairly stable compared to the past year. Dividends Paid is likely to rise to about 131.3 M in 2024, whereas Free Cash Flow is likely to drop slightly above 95.4 M 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.Capital Expenditures
Capital Expenditures are funds used by Axos Financial to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Axos Financial operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Axos Financial financial statement analysis. It represents the amount of money remaining after all of Axos Financial operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Axos Financial's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Axos Financial 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 Axos Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy Axos Stock please use our How to Invest in Axos Financial guide.At this time, Axos Financial's Change To Inventory is fairly stable compared to the past year. Dividends Paid is likely to rise to about 131.3 M in 2024, whereas Free Cash Flow is likely to drop slightly above 95.4 M in 2024.
Axos Financial cash flow statement Correlations
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Axos Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Axos Financial cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 1.1B | (912.7M) | 536.9M | 807.4M | 928.5M | 974.9M | |
| Stock Based Compensation | 21.9M | 20.7M | 21.2M | 26.1M | 30.0M | 31.5M | |
| Free Cash Flow | 254.3M | 402.1M | 184.5M | 157.7M | 181.4M | 95.4M | |
| Change In Working Capital | 52.1M | 106.5M | (113.0M) | (154.4M) | (138.9M) | (132.0M) | |
| Begin Period Cash Flow | 857.4M | 2.0B | 1.0B | 1.6B | 1.8B | 1.9B | |
| Other Cashflows From Financing Activities | (7.5M) | (13.4M) | 3.4B | 3.2B | 3.6B | 3.8B | |
| Depreciation | 18.1M | 34.7M | 35.5M | 23.4M | 26.9M | 28.2M | |
| Other Non Cash Items | (2.3M) | 43.8M | 31.0M | 5.3M | 6.0M | 3.9M | |
| Capital Expenditures | 12.3M | 10.4M | 21.5M | 30.2M | 34.7M | 36.5M | |
| Total Cash From Operating Activities | 266.6M | 412.6M | 206.0M | 188.0M | 216.2M | 227.0M | |
| Net Income | 183.4M | 215.7M | 240.7M | 307.2M | 353.2M | 370.9M | |
| Total Cash From Financing Activities | 2.2B | (458.6M) | 3.1B | 3.0B | 3.5B | 3.6B | |
| End Period Cash Flow | 2.0B | 1.0B | 1.6B | 2.4B | 2.7B | 2.9B | |
| Change To Inventory | (9.3B) | (19.9M) | 11.7M | 465.8M | 419.2M | 440.2M | |
| Dividends Paid | 386K | 103K | 0.0 | 108.7M | 125.0M | 131.3M | |
| Change To Liabilities | 106.7M | (817K) | 47.1M | (184.0M) | (165.6M) | (157.3M) | |
| Sale Purchase Of Stock | (38.9M) | (21.9M) | (14.5M) | (49.0M) | (44.1M) | (41.9M) | |
| Change To Account Receivables | (17.1M) | (149.5M) | (98.4M) | 43.3M | 39.0M | 41.0M | |
| Other Cashflows From Investing Activities | (6.4B) | 615K | (9.9B) | (8.3B) | (7.5B) | (7.1B) | |
| Total Cashflows From Investing Activities | (1.3B) | (866.8M) | (2.8B) | (2.4B) | (2.2B) | (2.0B) | |
| Investments | 5.1B | (47.7M) | (2.8B) | (2.4B) | (2.2B) | (2.0B) | |
| Change Receivables | (17.1M) | (149.5M) | (43.9M) | 43.3M | 39.0M | 41.0M | |
| Net Borrowings | (75.3M) | 97.7M | 173.2M | (111.8M) | (100.6M) | (95.6M) | |
| Cash And Cash Equivalents Changes | 1.1B | (912.7M) | 536.9M | 807.4M | 928.5M | 974.9M | |
| Cash Flows Other Operating | (90.0M) | (47.0M) | (115.5M) | (12.7M) | (11.5M) | (12.0M) | |
| Change To Netincome | 76.2M | 47.8M | 56.9M | 12.4M | 14.2M | 13.5M | |
| Change To Operating Activities | 8.1M | (74.1M) | (80.5M) | (125.3M) | (112.7M) | (107.1M) |
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 Axos Financial 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, Axos Financial's short interest history, or implied volatility extrapolated from Axos Financial options trading.
Pair Trading with Axos Financial
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 Axos Financial 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 Axos Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Axos Stock
| 0.82 | BY | Byline Bancorp Earnings Call This Week | PairCorr |
| 0.79 | PB | Prosperity Bancshares Earnings Call This Week | PairCorr |
Moving against Axos Stock
| 0.55 | TECTP | Tectonic Financial | PairCorr |
| 0.46 | DB | Deutsche Bank AG Earnings Call This Week | PairCorr |
| 0.46 | KB | KB Financial Group Earnings Call This Week | PairCorr |
| 0.43 | CFG-PD | Citizens Financial | PairCorr |
| 0.41 | WF | Woori Financial Group Financial Report 21st of May 2024 | PairCorr |
The ability to find closely correlated positions to Axos Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Axos Financial 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 Axos Financial - 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 Axos Financial to buy it.
The correlation of Axos Financial 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 Axos Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Axos Financial 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 Axos Financial 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 Axos Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy Axos Stock please use our How to Invest in Axos Financial guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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When running Axos Financial's price analysis, check to measure Axos Financial'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 Axos Financial is operating at the current time. Most of Axos Financial's value examination focuses on studying past and present price action to predict the probability of Axos Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axos Financial's price. Additionally, you may evaluate how the addition of Axos Financial to your portfolios can decrease your overall portfolio volatility.
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Is Axos Financial's 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 Axos Financial. If investors know Axos 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 Axos Financial 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 0.941 | Earnings Share 6.74 | Revenue Per Share 15.998 | Quarterly Revenue Growth 0.096 | Return On Assets 0.0199 |
The market value of Axos Financial is measured differently than its book value, which is the value of Axos that is recorded on the company's balance sheet. Investors also form their own opinion of Axos Financial's value that differs from its market value or its book value, called intrinsic value, which is Axos Financial's 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 Axos Financial's market value can be influenced by many factors that don't directly affect Axos Financial's 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 Axos Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axos Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axos Financial's 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.