Net Cash Flow from Operating Activities

Starts with net income, adds non-cash items (D&A, SBC), adjusts for changes in working capital.

Generally, higher values are better. Higher values indicate stronger performance, efficiency, or value.

• 1Positive and growing operating cash flow supports dividends, buybacks, and reinvestment.
• 2Compare to net income to assess quality of earnings.
• 3Large working capital swings can cause volatility in single periods.

This is the statement line for operating cash flow. It should align with the Operating Cash Flow chart when both are sourced from the same periods.

• Capital Expenditures (CAPEX)
• Investments in Property, Plant & Equipment
• Net Cash Flow from Investing Activities
• Purchases of Investments
• Sales/Maturities of Investments