Phibro Animal Health
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 | $68.70M | $-34.46M | $-15.35M | $20.06M |
| FY2016 | $37.22M | $-82.79M | $50.38M | $36.35M |
| FY2017 | $98.39M | $-21.94M | $-53.74M | $20.88M |
| FY2018 | $70.01M | $-84.61M | $-11.78M | $18.55M |
| FY2019 | $47.17M | $-14.13M | $-4.11M | $29.89M |
| FY2020 | $59.35M | $-120.39M | $40.94M | $34.05M |
| FY2021 | $48.31M | $-18.58M | $-17.00M | $29.32M |
| FY2022 | $31.65M | $-22.58M | $16.34M | $37.04M |
| FY2023 | $13.31M | $-74.02M | $26.99M | $51.79M |
| FY2024 | $87.59M | $-48.19M | $-6.77M | $41.24M |
| FY2025 | $80.12M | $-288.69M | $207.13M | $38.29M |
| FY2026 | $68.95M | $-71.46M | $-6.56M | $59.09M |
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.