Capital Southwest Cash Flow Statement

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	86.45	70.55	83.39	33.09	42.82	50.88
Depreciation & Amortization	6.7	5.87	4.3	2.75	2.23	1.97
Other Amortization	1.91	2.45	2.16	1.57	3.69	1.23
Loss (Gain) From Sale of Assets	0.02	0.02	-	-	0.09	-
Loss (Gain) From Sale of Investments	15.42	34.03	21.2	25.46	-23.06	-24.79
Stock-Based Compensation	6.61	6.96	4.52	3.71	3.59	2.94
Other Operating Activities	-385.51	-332.41	-300.21	-289.79	-209.51	-107.12
Change in Accounts Receivable	-3.13	-8.08	-4.83	-6.8	-1.54	-0.14
Change in Income Taxes	2.71	2.73	0.16	-1.29	1.19	-0.47
Change in Other Net Operating Assets	3.51	0.62	0.81	4.22	-2.16	7.25
Operating Cash Flow	-265.28	-217.26	-188.5	-227.1	-182.68	-68.25
Capital Expenditures	-1.37	-1.67	-0.01	-0.28	-2	-
Investing Cash Flow	-1.37	-1.67	-0.01	-0.28	-2	-
Long-Term Debt Issued	-	612.56	406.92	263.05	500.44	369.57
Long-Term Debt Repaid	-	-430	-275	-155	-355	-293.14
Net Debt Issued (Repaid)	247.77	182.56	131.92	108.05	145.44	76.44
Issuance of Common Stock	201.35	178.49	181.45	202.96	98.14	50.41
Repurchase of Common Stock	-1.97	-2.71	-1.06	-1.02	-1.41	-0.24
Common Dividends Paid	-127.03	-125.27	-102.93	-71.1	-40.3	-32.11
Other Financing Activities	-2.05	-1.56	-10.18	-1.35	-19.06	-0.54
Financing Cash Flow	308.49	231.52	199.2	237.54	164.49	86.12
Net Cash Flow	41.84	12.6	10.69	10.15	-20.18	17.87
Free Cash Flow	-266.65	-218.92	-188.51	-227.38	-184.67	-68.25
Free Cash Flow Margin	-122.73%	-107.09%	-105.82%	-190.60%	-224.62%	-100.28%
Free Cash Flow Per Share	-4.45	-4.28	-4.63	-7.58	-8.09	-3.58
Cash Interest Paid	53.72	46.59	37.75	25.47	18.4	11.74
Cash Income Tax Paid	10.28	1.44	1.18	1.9	0.46	1.46
Levered Free Cash Flow	87.48	85.95	69.69	45.85	31.93	27.22
Unlevered Free Cash Flow	123.82	117.84	94.46	62.32	40.69	37.2
Change in Working Capital	3.1	-4.73	-3.86	-3.88	-2.52	6.63

Source: S&P Global Market Intelligence. Standard template. Financial Sources.