SolarEdge
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 | $-17.85M | $-3.15M | $17.68M | $2.99M |
| FY2015 | $12.05M | $-13.94M | $136.95M | $11.77M |
| FY2016 | $52.53M | $-128.65M | $2.78M | $15.69M |
| FY2017 | $136.67M | $-85.41M | $7.24M | $21.38M |
| FY2018 | $189.08M | $-156.61M | $-7.96M | $38.61M |
| FY2019 | $259.00M | $-152.85M | $-73.02M | $72.56M |
| FY2020 | $222.66M | $-236.64M | $640.48M | $126.79M |
| FY2021 | $214.13M | $-484.21M | $-15.18M | $149.25M |
| FY2022 | $31.28M | $-417.04M | $654.61M | $169.34M |
| FY2023 | $-180.11M | $-268.89M | $-11.96M | $170.52M |
| FY2024 | $-313.32M | $416.29M | $-20.13M | $108.16M |
| FY2025 | $104.26M | $379.88M | $-348.89M | $23.47M |
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.