Xencor 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 | $-21.35M | $-2.28M | $308.00K | $780.00K |
| FY2015 | $26.67M | $-185.11M | $116.38M | $1.93M |
| FY2016 | $95.24M | $-214.27M | $120.97M | $1.51M |
| FY2017 | $-33.60M | $31.86M | $3.73M | $5.31M |
| FY2018 | $-79.76M | $-164.77M | $254.24M | $7.21M |
| FY2019 | $64.37M | $-50.97M | $10.66M | $7.35M |
| FY2020 | $-5.00M | $100.19M | $18.04M | $10.54M |
| FY2021 | $-16.85M | $-46.25M | $43.04M | $13.30M |
| FY2022 | $24.49M | $-119.73M | $5.70M | $38.49M |
| FY2023 | $-77.93M | $-111.07M | $189.22M | $18.45M |
| FY2024 | $-202.19M | $-7.87M | $197.15M | $6.10M |
| FY2025 | $-135.12M | $139.99M | $8.23M | $3.15M |
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.