National Healthcare, 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 |
|---|---|---|---|---|
| FY2014 | $75.69M | $-57.51M | $-30.12M | $53.30M |
| FY2015 | $83.36M | $-72.78M | $-41.68M | $58.42M |
| FY2016 | $90.88M | $-81.48M | $-27.13M | $62.60M |
| FY2017 | $94.47M | $-9.56M | $-49.07M | $32.35M |
| FY2018 | $98.44M | $-33.66M | $-77.27M | $29.77M |
| FY2019 | $100.10M | $-14.27M | $-79.75M | $26.40M |
| FY2020 | $203.26M | $-63.88M | $-41.89M | $21.87M |
| FY2021 | $62.39M | $-65.89M | $-35.26M | $39.40M |
| FY2022 | $8.74M | $-5.98M | $-47.64M | $30.20M |
| FY2023 | $111.22M | $-17.57M | $-42.55M | $27.90M |
| FY2024 | $107.30M | $-236.69M | $100.34M | $27.60M |
| FY2025 | $185.08M | $-33.86M | $-135.96M | $36.45M |
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.