Cable One
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 |
|---|---|---|---|---|
| FY2014 | $205.83M | $-78.40M | $-127.26M | $165.79M |
| FY2015 | $252.12M | $-160.93M | $21.60M | $172.06M |
| FY2016 | $257.12M | $-141.61M | $-96.67M | $130.82M |
| FY2017 | $324.49M | $-891.17M | $590.39M | $179.36M |
| FY2018 | $407.77M | $-214.30M | $-91.11M | $217.77M |
| FY2019 | $491.74M | $-1.13B | $503.66M | $262.35M |
| FY2020 | $574.37M | $-954.91M | $830.18M | $293.23M |
| FY2021 | $704.34M | $-2.47B | $1.58B | $391.93M |
| FY2022 | $738.04M | $-448.27M | $-463.43M | $414.10M |
| FY2023 | $663.17M | $-341.90M | $-346.13M | $371.03M |
| FY2024 | $664.13M | $-564.45M | $-136.34M | $286.35M |
| FY2025 | $563.33M | $-154.18M | $-410.01M | $285.25M |
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.