Advanced Energy
S&P 400
Cash Flow
Cash Flow Breakdown
Figures in US$OperatingInvestingFinancing
How to read this: the three bars show where cash moved each year. Operating is cash from the core business (you generally want this positive and growing). Investing is usually negative — money spent on assets or acquisitions. Financing shows money raised from, or returned to, lenders and shareholders. Bars above the line are cash in; bars below are cash out.
Operating Cash Flow vs Capex
Figures in US$Operating Cash FlowCapital Expenditure
How to read this: operating cash flow is the cash the business generated; capital expenditure is what it spent on long-term assets like plant and equipment. The gap between them is roughly free cash flow — the cash left over. A wide gap (operating well above capex) means the business funds its investment comfortably from its own earnings.
| Period | Operating Cash Flow | Investing Cash Flow | Financing Cash Flow | Capital Expenditure |
|---|---|---|---|---|
| FY2014 | $77.16M | $-55.00M | $-34.06M | $3.45M |
| FY2015 | $104.71M | $-13.27M | $-45.54M | $4.01M |
| FY2016 | $119.29M | $300.00K | $2.14M | $6.82M |
| FY2017 | $182.70M | $-28.08M | $-31.31M | $9.04M |
| FY2018 | $151.27M | $-113.59M | $-97.13M | $20.33M |
| FY2019 | $48.39M | $-393.85M | $338.84M | $25.19M |
| FY2020 | $201.24M | $-42.84M | $-29.61M | $36.36M |
| FY2021 | $140.25M | $-47.30M | $-25.37M | $28.82M |
| FY2022 | $183.59M | $-208.27M | $-61.87M | $58.89M |
| FY2023 | $208.90M | $-64.70M | $445.70M | $61.00M |
| FY2024 | $130.80M | $-73.60M | $-377.10M | $56.80M |
| FY2025 | $233.30M | $-109.80M | $-56.10M | $107.40M |
Figures in USD. Educational data only.
Understanding these terms
Plain-English explanations of each figure in the table above, and what a beginner typically looks at. These are educational descriptions only, not advice.
- Operating Cash Flow
- Cash produced by the company's core operations during the period. The US equivalent of "Cash from Operating Activity".How a beginner reads it: A beginner uses this as a reality check on profit, since it reflects cash actually collected. Healthy, consistent operating cash flow underpins a company's ability to invest and repay debt.
- Investing Cash Flow
- Cash used for or generated by buying and selling long-term assets and investments. The US equivalent of "Cash from Investing Activity".How a beginner reads it: A beginner expects this to be negative for companies investing in growth. Reading it next to operating cash flow shows whether the business funds its investments from its own earnings.
- Financing Cash Flow
- Cash flows with lenders and shareholders — borrowing, repaying, issuing shares, buybacks, and dividends. The US equivalent of "Cash from Financing Activity".How a beginner reads it: A beginner reads this to understand whether the company is taking in money (borrowing/issuing) or paying it out (repaying/dividends), and how that fits the operating picture.
- Capital Expenditure
- Money spent on buying or upgrading long-lived assets like plant, equipment, and buildings. Often shortened to "capex".How a beginner reads it: A beginner reads capex against operating cash flow to see whether a company funds its investment from its own earnings. Operating cash flow minus capex is roughly free cash flow.