Winmark
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 | $17.98M | $-7.05M | $-19.49M | $452.40K |
| FY2015 | $22.33M | $4.50M | $-27.91M | $133.90K |
| FY2016 | $26.28M | $-3.22M | $-22.79M | $68.60K |
| FY2017 | $25.21M | $85.20K | $-25.42M | $72.60K |
| FY2018 | $34.94M | $453.90K | $-33.98M | $693.50K |
| FY2019 | $50.65M | $-9.18M | $-18.86M | $169.40K |
| FY2020 | $43.22M | $-4.16M | $-57.56M | $45.10K |
| FY2021 | $48.35M | $-283.10K | $-43.31M | $74.70K |
| FY2022 | $43.79M | $-3.67M | $-37.88M | $139.10K |
| FY2023 | $43.99M | $-383.90K | $-43.90M | $383.90K |
| FY2024 | $42.16M | $-194.90K | $-43.02M | $194.90K |
| FY2025 | $44.90M | $-192.30K | $-46.57M | $192.30K |
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.