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Cash Flow Statement

August 22, 2026 · Aditya Gupta

Accounting

The cash flow statement tracks actual cash movements across three categories: Operating (cash from core business — net income adjusted for non-cash items like depreciation), Investing (capex, acquisitions, asset sales), and Financing (debt issuance/repayment, stock issuance/buybacks, dividends). Free Cash Flow (operating cash flow minus capex) is the most important derived metric — the cash available for distribution to investors. The statement reconciles starting cash to ending cash. Critical because earnings can be manipulated through accruals; cash is harder to fake. Companies with strong profits but weak cash flow often have aggressive accounting or working capital problems.

Accounting

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