Sarepta Therapeutics
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 | $-128.54M | $-159.03M | $104.16M | $25.44M |
| FY2015 | $-149.47M | $8.41M | $147.81M | $3.40M |
| FY2016 | $-245.82M | $-90.19M | $378.13M | $5.34M |
| FY2017 | $-232.00M | $-178.82M | $888.08M | $12.00M |
| FY2018 | $-388.66M | $-370.49M | $530.15M | $61.16M |
| FY2019 | $-456.46M | $286.73M | $642.55M | $59.63M |
| FY2020 | $107.47M | $-121.72M | $682.32M | $82.20M |
| FY2021 | $-443.17M | $495.41M | $561.57M | $38.49M |
| FY2022 | $-325.35M | $-1.05B | $232.51M | $30.82M |
| FY2023 | $-500.99M | $-165.80M | $125.00M | $76.11M |
| FY2024 | $-205.79M | $755.56M | $124.81M | $136.96M |
| FY2025 | $-205.48M | $69.64M | $-168.34M | $101.97M |
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.