Innoviva, 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 | $-130.72M | $-65.06M | $149.07M | $689.00K |
| FY2015 | $10.13M | $159.17M | $-106.92M | $7.00K |
| FY2016 | $60.98M | $-4.58M | $-97.57M | $278.00K |
| FY2017 | $141.75M | $-23.24M | $-163.19M | $0 |
| FY2018 | $223.53M | $3.52M | $-237.97M | $0 |
| FY2019 | $257.46M | $-18.00M | $-23.78M | $12.00K |
| FY2020 | $313.11M | $-314.94M | $-29.79M | $13.00K |
| FY2021 | $363.81M | $43.72M | $-452.50M | $0 |
| FY2022 | $201.73M | $-56.63M | $-55.57M | $67.00K |
| FY2023 | $141.06M | $-66.76M | $-171.84M | $411.00K |
| FY2024 | $188.69M | $-63.79M | $-13.45M | $270.00K |
| FY2025 | $196.93M | $40.50M | $8.55M | $1.13M |
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.