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Cash Flow & Capex

Follow the cash: operating cash flow, capex, and free cash flow. · 6 guides in a curated reading order.

Cash Flow & CapexBeginner

What Is Operating Cash Flow?

Operating cash flow, or OCF, is the net cash generated or consumed by a company’s operating activities during a period. Under the commonly used indirect.

OCF · Formula guide5 min
Cash Flow & CapexBeginner

Earnings vs Cash Flow: Why the Difference Matters

Earnings measure profit under accrual accounting, while cash flow measures actual cash generated or used during a period. The two differ because revenue and.

Comparison5 min
Cash Flow & CapexIntermediate

Why Can a Profitable Company Have Negative Free Cash Flow?

A profitable company can report negative free cash flow when cash investment exceeds the cash generated from operations. Common causes include capital.

Formula guide5 min
Cash Flow & CapexBeginner

What Is Free Cash Flow and Why Does It Matter?

Free cash flow is a non-GAAP analytical measure intended to estimate cash remaining after a company funds operating needs and selected capital investment. A.

FCF · Formula guide5 min
Cash Flow & CapexIntermediate

Capital Expenditure Explained: Growth Capex vs Maintenance Capex

Capital expenditure, or capex, is cash spent to acquire or improve long-lived operating assets. Maintenance capex is intended to sustain existing capacity.

CAPEX · Comparison5 min
Cash Flow & CapexIntermediate

Capex to Depreciation

Capex to depreciation compares current capital expenditure with the depreciation and amortization recognized on existing assets. A ratio above 1 can indicate.

Capex/D&A · Formula guide4 min