Globus Medical, Inc.
Globus Medical, Inc., a medical device company, develops and commercializes healthcare solutions for patients with musculoskeletal disorders in the United States and internationally. It offers spine products, such as traditional fusion implants comprisin…
Medical - Devices
US, Audubon [HQ]
Cash Flow Statements
15 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Cash Flow (OCF) | 32.00 | 71.00 | 76.00 | 76.00 | 93.00 | 79.00 | 121.00 | 171.00 | 159.00 | 181.00 | 171.00 | 198.00 | 276.00 | 178.00 | 243.00 | |
| Operating Cash (Net) | 32.00 | 71.00 | 76.00 | 76.00 | 93.00 | 79.00 | 121.00 | 171.00 | 159.00 | 181.00 | 171.00 | 198.00 | 276.00 | 178.00 | 243.00 | |
| Accounts Receivable | -11.00 | -6.00 | -4.00 | -6.00 | -9.00 | -12.00 | -4.00 | -4.00 | -24.00 | -21.00 | -18.00 | 10.00 | -25.00 | -50.00 | -49.00 | |
| Accounts Payable | -2.00 | 2.00 | -2.00 | 4.00 | 1.00 | 7.00 | -9.00 | - - | 9.00 | -3.00 | - - | -6.00 | 3.00 | 14.00 | -14.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | -39.00 | -10.00 | -17.00 | -20.00 | 6.00 | -47.00 | -43.00 | 3.00 | -30.00 | -49.00 | -73.00 | -37.00 | -17.00 | -105.00 | -116.00 | |
| Other WC | -7.00 | 3.00 | 4.00 | 2.00 | 30.00 | -24.00 | -10.00 | 18.00 | -10.00 | 6.00 | -5.00 | 8.00 | 16.00 | -7.00 | 17.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | -27.00 | -12.00 | -29.00 | -30.00 | -227.00 | -100.00 | -150.00 | -99.00 | -111.00 | -193.00 | -140.00 | -117.00 | -375.00 | -110.00 | 302.00 | |
| Capital Expenditure | -25.00 | -12.00 | -22.00 | -24.00 | -23.00 | -24.00 | -50.00 | -40.00 | -51.00 | -59.00 | -70.00 | -63.00 | -56.00 | -74.00 | -78.00 | |
| Purchases of Investments | - - | - - | - - | - - | -240.00 | -251.00 | -297.00 | -287.00 | -392.00 | -537.00 | -346.00 | -223.00 | -622.00 | -419.00 | -100.00 | |
| Sale/Maturity of Investment | 1.00 | - - | - - | - - | 54.00 | 212.00 | 246.00 | 334.00 | 362.00 | 384.00 | 300.00 | 203.00 | 337.00 | 414.00 | 777.00 | |
| Property, Plant, Equipment (P&PE) | -25.00 | -12.00 | -22.00 | -24.00 | -23.00 | -24.00 | -50.00 | -40.00 | -51.00 | -59.00 | -70.00 | -63.00 | -56.00 | -74.00 | -78.00 | |
| Acquisitions (Net) | -3.00 | - - | -7.00 | -6.00 | -16.00 | -36.00 | -48.00 | -76.00 | -29.00 | -14.00 | -23.00 | -33.00 | -34.00 | -31.00 | -296.00 | |
| Other Investing Activities | - - | - - | - - | - - | - - | - - | - - | -30.00 | - - | 35.00 | -45.00 | -20.00 | -284.00 | -4.00 | 677.00 | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -1.00 | -1.00 | -14.00 | -24.00 | -11.00 | -12.00 | -6.00 | -2.00 | -1.00 | -32.00 | -24.00 | -38.00 | -54.00 | -109.00 | -231.00 | |
| Debt Repayment | - - | - - | -5.00 | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Dividends Paid | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Common Stock
|
- - | - - | 10 | - - | - - | - - | - - | - - | - - | - - | - - | 176 | - - | 186 | 237 | |
| Issued | - - | 1.00 | - - | 22.00 | 7.00 | 9.00 | 5.00 | 5.00 | 11.00 | 39.00 | 31.00 | 72.00 | 63.00 | 41.00 | 12.00 | |
| Repurchased | - - | - - | -10.00 | - - | - - | - - | - - | - - | - - | - - | - - | -104.00 | - - | -144.00 | -225.00 | |
| Other Financing Activities | 1.00 | - - | - - | 1.00 | 3.00 | 3.00 | - - | -3.00 | -10.00 | -6.00 | -6.00 | -6.00 | -9.00 | -7.00 | -18.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 44.00 | 50.00 | 111.00 | 142.00 | 212.00 | 89.00 | 82.00 | 60.00 | 66.00 | 118.00 | 139.00 | 195.00 | 239.00 | 193.00 | 150.00 | |
| End of Period | 50.00 | 111.00 | 142.00 | 212.00 | 89.00 | 82.00 | 60.00 | 132.00 | 118.00 | 139.00 | 195.00 | 239.00 | 193.00 | 150.00 | 467.00 | |
| Change | 5.00 | 61.00 | 30.00 | 69.00 | -122.00 | -7.00 | -22.00 | 72.00 | 51.00 | 20.00 | 55.00 | 43.00 | -46.00 | -42.00 | 316.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 13.00 | 15.00 | 16.00 | 18.00 | 19.00 | 21.00 | 24.00 | 38.00 | 42.00 | 41.00 | 52.00 | 62.00 | 69.00 | 68.00 | 144.00 | |
| Stock Based Compensation | 3.00 | 4.00 | 3.00 | 4.00 | 5.00 | 7.00 | 9.00 | 11.00 | 14.00 | - - | 26.00 | 27.00 | 30.00 | 32.00 | 52.00 | |
| Other | 5.00 | 6.00 | 10.00 | 6.00 | 8.00 | 9.00 | 12.00 | 17.00 | 17.00 | 10.00 | 7.00 | 48.00 | 61.00 | 14.00 | 97.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | 6.00 | 58.00 | 53.00 | 51.00 | 69.00 | 54.00 | 71.00 | 130.00 | 108.00 | 121.00 | 101.00 | 135.00 | 219.00 | 104.00 | 165.00 | |
| Cash Conversion Cycle (CCC) | - - | 289.00 | 271.00 | 296.00 | 264.00 | 291.00 | 303.00 | 319.00 | 275.00 | 315.00 | 423.00 | 422.00 | 391.00 | 441.00 | 644.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
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| Forex Effect on Cash | - - | - - | - - | - - | - - | - - | - - | -1.00 | 1.00 | - - | - - | - - | - - | - - | 2.00 |