Novanta
S&P 400
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 | $42.29M | $-89.77M | $40.28M | $5.42M |
| FY2015 | $33.42M | $-1.63M | $-21.54M | $5.55M |
| FY2016 | $47.79M | $-12.87M | $-23.19M | $8.46M |
| FY2017 | $63.38M | $-177.38M | $143.33M | $9.09M |
| FY2018 | $89.65M | $-45.59M | $-60.16M | $14.66M |
| FY2019 | $63.25M | $-63.84M | $-3.94M | $10.74M |
| FY2020 | $140.24M | $-13.16M | $-84.36M | $10.52M |
| FY2021 | $94.63M | $-306.70M | $204.75M | $19.98M |
| FY2022 | $90.78M | $-42.54M | $-60.15M | $19.64M |
| FY2023 | $120.08M | $-19.89M | $-97.85M | $19.96M |
| FY2024 | $158.51M | $-208.19M | $56.94M | $17.16M |
| FY2025 | $64.06M | $-74.32M | $276.33M | $15.63M |
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.