Calix
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 | $38.08M | $-75.44M | $3.58M | $11.96M |
| FY2015 | $-5.34M | $4.67M | $-24.14M | $7.28M |
| FY2016 | $24.42M | $12.08M | $-9.24M | $9.84M |
| FY2017 | $-62.77M | $19.73M | $31.99M | $8.03M |
| FY2018 | $3.56M | $-76.00K | $7.49M | $10.43M |
| FY2019 | $4.65M | $-13.35M | $5.97M | $13.35M |
| FY2020 | $51.41M | $-60.80M | $42.15M | $7.82M |
| FY2021 | $56.79M | $-110.66M | $24.38M | $10.46M |
| FY2022 | $27.18M | $-24.08M | $25.06M | $14.07M |
| FY2023 | $56.25M | $-6.25M | $-65.93M | $17.86M |
| FY2024 | $68.40M | $-109.53M | $20.90M | $18.05M |
| FY2025 | $134.95M | $-6.37M | $-28.43M | $19.44M |
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.