TXNM Energy
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 | $414.88M | $-485.33M | $96.19M | $460.66M |
| FY2015 | $386.87M | $-544.53M | $175.43M | $558.59M |
| FY2016 | $408.28M | $-699.38M | $242.39M | $600.08M |
| FY2017 | $523.46M | $-466.16M | $-58.85M | $500.46M |
| FY2018 | $428.23M | $-475.72M | $45.65M | $501.21M |
| FY2019 | $503.16M | $-673.90M | $172.45M | $616.27M |
| FY2020 | $485.70M | $-733.80M | $292.19M | $679.03M |
| FY2021 | $547.87M | $-952.26M | $357.56M | $935.02M |
| FY2022 | $567.28M | $-950.35M | $386.04M | $912.56M |
| FY2023 | $551.17M | $-1.09B | $537.10M | $1.08B |
| FY2024 | $508.16M | $-1.17B | $684.35M | $1.25B |
| FY2025 | $584.49M | $-1.22B | $642.53M | $1.20B |
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.