Par Pacific Holdings, Inc.
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 | $-54.60M | $-24.30M | $130.05M | $14.30M |
| FY2015 | $132.36M | $-114.21M | $60.43M | $22.35M |
| FY2016 | $-23.39M | $-286.24M | $190.12M | $24.83M |
| FY2017 | $106.48M | $-31.67M | $-4.75M | $31.71M |
| FY2018 | $90.62M | $-175.82M | $41.94M | $48.44M |
| FY2019 | $105.63M | $-353.23M | $300.21M | $83.92M |
| FY2020 | $-37.21M | $-63.46M | $42.56M | $63.52M |
| FY2021 | $-27.62M | $74.63M | $-1.09M | $29.53M |
| FY2022 | $452.61M | $-87.31M | $13.41M | $53.03M |
| FY2023 | $579.16M | $-659.04M | $-135.60M | $82.28M |
| FY2024 | $83.78M | $-133.99M | $-36.96M | $135.54M |
| FY2025 | $445.34M | $-142.78M | $-330.36M | $148.87M |
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.