Park National 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 | $71.74M | $-229.58M | $248.51M | $7.44M |
| FY2015 | $89.23M | $-395.47M | $217.99M | $11.36M |
| FY2016 | $87.89M | $-152.56M | $61.66M | $7.47M |
| FY2017 | $86.69M | $-60.67M | $-3.35M | $7.02M |
| FY2018 | $131.99M | $45.45M | $-179.34M | $11.53M |
| FY2019 | $111.63M | $60.08M | $-178.96M | $14.89M |
| FY2020 | $111.65M | $-455.90M | $554.77M | $28.63M |
| FY2021 | $157.33M | $-412.14M | $103.52M | $14.09M |
| FY2022 | $136.64M | $-405.47M | $239.38M | $7.94M |
| FY2023 | $151.14M | $63.52M | $-186.12M | $7.59M |
| FY2024 | $178.85M | $-19.15M | $-217.40M | $9.18M |
| FY2025 | $198.32M | $86.16M | $-211.53M | $6.37M |
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.