Toro
S&P 400
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 | $182.37M | $-65.70M | $17.02M | $71.14M |
| FY2015 | $249.59M | $-254.52M | $-181.82M | $56.37M |
| FY2016 | $384.29M | $-48.91M | $-182.93M | $50.72M |
| FY2017 | $360.75M | $-83.76M | $-245.27M | $58.28M |
| FY2018 | $364.81M | $-127.93M | $-252.08M | $90.12M |
| FY2019 | $337.37M | $-772.94M | $299.50M | $92.88M |
| FY2020 | $539.37M | $-216.08M | $2.35M | $78.07M |
| FY2021 | $555.50M | $-128.50M | $-503.70M | $104.00M |
| FY2022 | $297.20M | $-548.30M | $42.20M | $143.50M |
| FY2023 | $306.80M | $-157.70M | $-147.50M | $149.50M |
| FY2024 | $569.90M | $-59.70M | $-505.10M | $103.50M |
| FY2025 | $662.00M | $-77.40M | $-446.10M | $83.70M |
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.