Large-cap Diversified Banking company Credit Suisse was up 6.5% during today's morning session. It clearly has investors' attention, and the business is profitable with average operating margins of 19.0%.
Date Reported | Total Revenue ($) | Operating Expenses ($) | Operating Margins (%) | YoY Growth (%) |
---|---|---|---|---|
2021-12-31 | 18,308,000,000.0 | 16,123,000,000.0 | 11.93 | -45.17 |
2020-12-31 | 21,000,000,000.0 | 16,430,000,000.0 | 21.76 | -1.63 |
2019-12-31 | 21,584,000,000.0 | 16,809,000,000.0 | 22.12 | 9.18 |
2018-12-31 | 20,608,000,000.0 | 16,432,000,000.0 | 20.26 | n/a |
But is the company cash positive? Here's a breakdown of Credit Suisse's free cash flow, which consists in the net cash flow from operations, minus its capital expenditures (i.e. investment in the business):
Date Reported | Cash Flow from Operations ($) | Capital expenditures ($) | Free Cash Flow ($) | YoY Growth (%) |
---|---|---|---|---|
2021-12-31 | 36,938,000,000.0 | -1,419,000,000.0 | 35,519,000,000.0 | 592.02 |
2020-12-31 | -6,031,000,000.0 | -1,188,000,000.0 | -7,219,000,000.0 | 61.25 |
2019-12-31 | -17,338,000,000.0 | -1,293,000,000.0 | -18,631,000,000.0 | -258.05 |
2018-12-31 | 12,883,000,000.0 | -1,095,000,000.0 | 11,788,000,000.0 | n/a |
Credit Suisse's cash flows may on average be positive but their variability of 441.8% may be a yellow flag for more conservative investors.