HealthStream, 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 | $34.26M | $-15.54M | $3.74M | $4.54M |
| FY2015 | $34.92M | $-134.86M | $99.96M | $8.09M |
| FY2016 | $24.23M | $-56.66M | $46.00K | $4.81M |
| FY2017 | $46.71M | $-11.58M | $1.00K | $5.52M |
| FY2018 | $43.25M | $36.56M | $-30.25M | $7.17M |
| FY2019 | $65.66M | $-67.52M | $-916.00K | $22.00M |
| FY2020 | $35.87M | $-110.41M | $-20.49M | $1.99M |
| FY2021 | $42.39M | $-25.72M | $-6.21M | $3.42M |
| FY2022 | $51.19M | $-28.39M | $-23.70M | $1.77M |
| FY2023 | $63.97M | $-56.60M | $-13.04M | $2.20M |
| FY2024 | $57.66M | $-33.97M | $-4.52M | $1.40M |
| FY2025 | $63.32M | $-50.35M | $-36.27M | $3.69M |
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.