Madison Square Garden Sports Corp.
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 |
|---|---|---|---|---|
| FY2015 | $69.35M | $-102.66M | $41.37M | $64.08M |
| FY2016 | $125.79M | $-115.69M | $1.42B | $71.72M |
| FY2017 | $223.53M | $-264.30M | $-158.53M | $44.22M |
| FY2018 | $217.63M | $-182.36M | $-51.10M | $191.91M |
| FY2019 | $161.25M | $-232.90M | $-71.75M | $188.83M |
| FY2020 | $3.57M | $-514.86M | $-520.59M | $362.48M |
| FY2021 | $-35.33M | $-466.00K | $17.16M | $466.00K |
| FY2022 | $178.06M | $-2.93M | $-156.14M | $932.00K |
| FY2023 | $152.47M | $-17.76M | $-185.27M | $1.18M |
| FY2024 | $92.13M | $-8.90M | $-28.79M | $1.45M |
| FY2025 | $91.61M | $-6.92M | $-26.41M | $3.62M |
| FY2026 | $62.66M | $-2.21M | $-49.13M | $1.41M |
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.