Novo Nordisk A/S (NVO) quarterly cash flow statement — complete operating, investing & financing history
| Cash from Operations | 24.08B | 7.62B | 46.11B | 40.78B | 24.59B | 12.3B | 43.85B | 50.5B | 14.31B | 9.55B | 40.97B | 28.58B |
| Operating CF Margin % | 24.87% | 9.63% | 61.5% | 53.07% | 31.49% | 14.36% | 61.49% | 74.2% | 21.9% | 14.5% | 69.75% | 52.63% |
| Operating CF Growth % | -2.06% | -38.06% | 5.15% | -19.24% | 71.8% | 28.79% | 7.04% | 76.73% | -51.99% | 34.5% | 69.01% | 19.26% |
| Net Income | 48.56B | 26.89B | 20.01B | 26.5B | 29.03B | 28.23B | 27.3B | 20.05B | 25.41B | 21.96B | 22.48B | 19.43B |
| Depreciation & Amortization | 3.54B | 5.56B | 7.76B | 4.83B | 3.83B | 5.2B | 2.15B | 8.85B | 2.91B | 2.99B | 2.52B | 2.18B |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 13.62B | 7.29B | 5.51B | 7.3B | 8B | 7.33B | 7.08B | 5.28B | 6.51B | 5.66B | 5.58B | 4.83B |
| Other Non-Cash Items | -8.39B | -52.5B | 17.79B | -2.61B | 156M | -42.06B | 18.58B | 6.47B | -10.91B | -11.38B | -1.29B | 6.16B |
| Working Capital Changes | -33.23B | 20.37B | -4.96B | 4.75B | -16.43B | 13.6B | -11.26B | 9.86B | -9.61B | -9.68B | 11.67B | -4.01B |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -11.71B | -42.81B | -15.43B | -14.25B | -6.67B | -91.22B | -20.9B | -20.73B | 3.96B | -14.72B | -13.24B | -9.29B |
| Capital Expenditures | -11.31B | -18.43B | -13.63B | -14.66B | -13.42B | -16.1B | -12.12B | -10.47B | -8.47B | -9.41B | -5.83B | -5.88B |
| CapEx % of Revenue | 11.68% | 23.29% | 18.18% | 19.08% | 17.19% | 18.79% | 16.99% | 15.38% | 12.97% | 14.28% | 9.92% | 10.82% |
| Acquisitions | 44M | 1B | 0 | 0 | 0 | -81.5B | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -466M | -25.41B | -1.79B | -1.61B | -1.16B | -458M | -384M | -3.44B | -535M | -7.03B | -4.8B | -1.16B |
| Cash from Financing | -17.43B | 29.47B | -17.1B | -46.23B | 5.45B | 36.84B | -18.4B | 16.68B | -26.38B | -10.12B | -19.83B | -12.59B |
| Debt Issued (Net) | 14.74B | 29.47B | -433M | -19.62B | 15.33B | 44.33B | -413M | 29.46B | -317M | -355M | -261M | -373M |
| Equity Issued (Net) | -2.4B | 0 | 0 | 0 | -1.39B | -7.49B | -2.4B | -7.45B | -2.84B | -9.76B | -6.14B | -8.82B |
| Dividends Paid | -35.31B | 0 | -16.66B | 174M | -35.27B | 0 | -15.58B | 0 | -28.56B | 0 | -13.43B | 0 |
| Share Repurchases | -2.4B | 0 | 0 | 0 | -1.39B | -7.49B | -2.4B | -7.45B | -2.84B | -9.76B | -6.14B | -8.82B |
| Other Financing | 5.53B | 0 | 0 | -26.78B | 26.78B | 0 | 0 | -5.33B | 5.33B | 0 | 0 | -3.39B |
| Net Change in Cash | -5.34B | -5.62B | 13.65B | -20.5B | 23.28B | -41.36B | 4.2B | 46.5B | -8.07B | -15.49B | 8.31B | 6.64B |
| Free Cash Flow | 12.04B | -36.22B | 30.69B | 24.51B | 10.01B | -4.26B | 31.35B | 37.27B | 5.3B | -6.88B | 30.34B | 21.54B |
| FCF Margin % | 12.44% | -45.76% | 40.94% | 31.89% | 12.81% | -4.97% | 43.96% | 54.75% | 8.12% | -10.45% | 51.66% | 39.67% |
| FCF Growth % | 20.39% | -750.79% | -2.09% | -34.23% | 88.6% | 38.17% | 3.31% | 72.99% | -78.79% | -421.73% | 51.6% | 0.73% |
| FCF per Share | 2.71 | -8.14 | 6.90 | 5.51 | 2.25 | -0.95 | 7.03 | 8.35 | 1.19 | -1.54 | 6.76 | 4.78 |
| FCF Conversion (FCF/Net Income) | 0.50x | 0.28x | 2.30x | 1.54x | 0.85x | 0.44x | 1.61x | 2.52x | 0.56x | 0.43x | 1.82x | 1.47x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |