Casella Waste Systems, 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 |
|---|---|---|---|---|
| FY2014 | $49.64M | $-57.91M | $9.01M | $43.33M |
| FY2015 | $70.51M | $-48.78M | $-21.62M | $50.00M |
| FY2016 | $80.43M | $-62.96M | $-18.59M | $54.24M |
| FY2017 | $107.54M | $-76.45M | $-31.64M | $64.86M |
| FY2018 | $120.83M | $-164.20M | $45.38M | $73.23M |
| FY2019 | $116.83M | $-177.46M | $60.10M | $103.17M |
| FY2020 | $139.92M | $-140.03M | $150.98M | $108.11M |
| FY2021 | $182.74M | $-293.15M | $-10.12M | $123.30M |
| FY2022 | $217.31M | $-206.92M | $26.95M | $130.96M |
| FY2023 | $233.09M | $-1.01B | $922.30M | $154.91M |
| FY2024 | $281.36M | $-670.61M | $551.65M | $203.23M |
| FY2025 | $329.78M | $-469.15M | $-27.07M | $245.07M |
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.