Align Technology
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Align Technology generated cash of $785,776,000, which is more than the previous year. Cash used in financing activities reached the amount of -$598,340,000 last year. Net change in cash is therefore -$3,836,000.
Cash Flow
| 2014 | 226.89M | -201.62M | -66.42M |
|---|---|---|---|
| 2015 | 237.99M | -166.36M | -100.78M |
| 2016 | 247.65M | 72.84M | -95.52M |
| 2017 | 438.53M | -248.31M | -135.5M |
| 2018 | 554.68M | 6.92M | -369.43M |
| 2019 | 747.27M | -350.44M | -485.54M |
| 2020 | 662.17M | -231.50M | -30.80M |
| 2021 | 1.17B | -563.43M | -458.33M |
| 2022 | 568.73M | -213.31M | -501.68M |
| 2023 | 785.77M | -195.94M | -598.34M |
ALGN Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 942.35M | 1.10B | 961.47M | 551.13M | 637.56M | 450.12M | 389.27M | 167.71M | 199.87M | 242.95M |
Operating activities | ||||||||||
Net income | 445.05M | 361.57M | 772.02M | 1.77B | 442.77M | 400.23M | 231.41M | 189.68M | 144.02M | 145.83M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 142.40M | 125.79M | 108.72M | 93.53M | 78.99M | 54.72M | 37.73M | 24.00M | 18.00M | 17.85M |
Stock-based compensation expense | 154.02M | 133.36M | 114.33M | 98.42M | 88.18M | 0 | 58.85M | 54.14M | 52.94M | 39.82M |
| Deferred income tax benefit | 154.02M | 133.36M | 114.33M | 98.42M | 88.18M | 0 | 58.85M | 54.14M | 52.94M | 39.82M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -104.61M | 21.54M | -262.06M | -139.77M | -121.01M | -109.22M | -90.99M | -94.44M | -40.77M | -27.22M |
Inventories | 30.16M | -130.09M | -112.45M | -29.11M | -58.26M | -24.10M | -5.48M | -7.66M | -3.56M | -1.99M |
Accounts payable | -7.70M | -36.52M | 19.74M | 52.20M | 22.09M | 25.04M | 8.17M | -3.39M | 7.57M | 2.88M |
Cash generated by operating activities | 785.77M | 568.73M | 1.17B | 662.17M | 747.27M | 554.68M | 438.53M | 247.65M | 237.99M | 226.89M |
Investing activities | ||||||||||
Purchases Of Investments | -2.91M | -28.00M | -200.92M | -5.34M | -693.28M | -180.19M | -390.24M | -405.61M | -447.09M | -437.15M |
Investments In Property Plant And Equipment | -177.71M | -291.9M | -401.09M | -154.91M | -149.70M | -223.31M | -195.69M | -70.57M | -53.45M | -24.09M |
Acquisitions Net | -76.99M | -12.30M | -8.00M | -420.78M | 0 | -5M | -21.71M | -46.74M | 0 | 0 |
Cash generated by investing activities | -195.94M | -213.31M | -563.43M | -231.50M | -350.44M | 6.92M | -248.31M | 72.84M | -166.36M | -201.62M |
Financing activities | ||||||||||
Common Stock Issued | 26.59M | 26.14M | 25.62M | 20.31M | 17.90M | 16.63M | 14.46M | 13.77M | 11.32M | 18.02M |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -592.36M | -435.03M | -375.03M | -51.12M | -399.99M | -300.00M | -103.79M | -96.21M | -101.79M | -98.23M |
Repayments of term debt | 0 | 0 | 0 | 0 | -45.77M | 0 | 0 | 0 | 0 | 0 |
Cash used in financing activities | -598.34M | -501.68M | -458.33M | -30.80M | -485.54M | -369.43M | -135.5M | -95.52M | -100.78M | -66.42M |
Net Change In Cash | -3.83M | -157.78M | 138.66M | 410.34M | -86.43M | 187.44M | 60.23M | 221.56M | -32.15M | -43.08M |
Cash at end of period | 938.51M | 942.35M | 1.10B | 961.47M | 551.13M | 637.56M | 449.51M | 389.27M | 167.71M | 199.87M |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |