Neogen
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 | $43.79M | $-28.46M | $11.03M | $9.62M |
| FY2016 | $35.33M | $-61.15M | $15.31M | $14.22M |
| FY2017 | $60.27M | $-62.14M | $25.07M | $14.58M |
| FY2018 | $69.13M | $-83.08M | $22.84M | $20.95M |
| FY2019 | $63.84M | $-119.15M | $13.90M | $14.66M |
| FY2020 | $85.88M | $-88.79M | $29.41M | $24.05M |
| FY2021 | $81.09M | $-105.56M | $33.54M | $26.71M |
| FY2022 | $68.04M | $-97.23M | $6.81M | $24.43M |
| FY2023 | $41.03M | $201.04M | $-118.08M | $65.76M |
| FY2024 | $35.30M | $-29.30M | $1.90M | $111.40M |
| FY2025 | $58.20M | $-99.20M | $-1.60M | $104.60M |
| FY2026 | $83.20M | $70.50M | $-99.40M | $51.30M |
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.