Shutterstock, 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 | $82.86M | $-29.01M | $24.94M | $17.95M |
| FY2015 | $87.02M | $-71.85M | $-5.75M | $14.00M |
| FY2016 | $100.72M | $-56.41M | $-53.11M | $39.96M |
| FY2017 | $108.04M | $-57.37M | $-33.89M | $55.06M |
| FY2018 | $102.20M | $-12.83M | $-109.74M | $34.89M |
| FY2019 | $102.65M | $-27.23M | $-1.70M | $26.08M |
| FY2020 | $165.07M | $-35.31M | $-4.59M | $25.63M |
| FY2021 | $216.37M | $-250.44M | $-77.72M | $28.13M |
| FY2022 | $158.45M | $-275.55M | $-79.49M | $43.30M |
| FY2023 | $140.55M | $-54.32M | $-102.70M | $44.65M |
| FY2024 | $32.65M | $-166.17M | $150.10M | $47.22M |
| FY2025 | $166.69M | $-47.80M | $-59.10M | $42.86M |
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.