Innovex International, 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 | $149.31M | $-41.57M | $-186.83M | $42.55M |
| FY2015 | $190.16M | $-26.66M | $-73.57M | $27.08M |
| FY2016 | $246.52M | $-157.85M | $-21.89M | $25.76M |
| FY2017 | $107.99M | $-44.89M | $560.00K | $27.62M |
| FY2018 | $45.50M | $-15.17M | $-99.20M | $32.06M |
| FY2019 | $14.68M | $-8.47M | $-24.57M | $11.50M |
| FY2020 | $-21.09M | $-5.63M | $-25.18M | $11.94M |
| FY2021 | $38.43M | $-3.21M | $-24.30M | $9.99M |
| FY2022 | $-5.81M | $-37.52M | $42.29M | $18.87M |
| FY2023 | $75.86M | $-32.43M | $-44.57M | $32.63M |
| FY2024 | $93.44M | $78.44M | $-103.07M | — |
| FY2025 | $190.91M | $-18.74M | $-44.92M | — |
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.