The Buckle, Inc.
S&P 600
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 |
|---|---|---|---|---|
| FY2015 | $195.77M | $-50.62M | $-176.31M | $45.45M |
| FY2016 | $159.32M | $-34.86M | $-96.99M | $34.58M |
| FY2017 | $148.87M | $-28.67M | $-84.85M | $31.66M |
| FY2018 | $119.72M | $-17.30M | $-133.87M | $13.46M |
| FY2019 | $108.73M | $-7.60M | $-97.74M | $10.02M |
| FY2020 | $130.67M | $34.76M | $-112.92M | $7.32M |
| FY2021 | $227.42M | $-768.00K | $-128.83M | $7.66M |
| FY2022 | $311.75M | $-28.78M | $-347.80M | $19.10M |
| FY2023 | $242.38M | $-41.40M | $-202.88M | $30.36M |
| FY2024 | $254.64M | $-41.77M | $-196.74M | $37.27M |
| FY2025 | $242.01M | $-45.28M | $-198.02M | $42.28M |
| FY2026 | $251.14M | $-43.52M | $-225.09M | $45.36M |
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.