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Cash Flow from Investing covers the cash a company gains or spends from investment activities in financial market and operating subsidiaries. It also includes the cash the company used for property, plant and equipment (PPE).
For the three months ended in Mar. 2024, Tejon Ranch Co spent $13.36 Mil on purchasing property, plant, equipment. It gained $0.00 Mil from selling property, plant, and equipment. It spent $0.00 Mil on purchasing business. It gained $0.00 Mil from selling business. It spent $38.61 Mil on purchasing investments. It gained $46.24 Mil from selling investments. It paid $5.25Mil for net Intangibles purchase and sale. And it received $14.06 Mil from other investing activities. In all, Tejon Ranch Co gained $3.07 Mil on investment activities in financial market and operating subsidiaries for the three months ended in Mar. 2024.
The historical data trend for Tejon Ranch Co's Cash Flow from Investing can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tejon Ranch Co Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Cash Flow from Investing | Get a 7-Day Free Trial | 0.83 | 19.78 | -14.65 | -1.89 | -14.00 |
Tejon Ranch Co Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Cash Flow from Investing | Get a 7-Day Free Trial | 0.88 | -10.36 | 2.68 | -7.20 | 3.07 |
Cash Flow from Investing covers the cash a company gains or spends from investment activities in financial market and operating subsidiaries. It also includes the cash the company used for property, plant and equipment (PPE).
If a company spends cash on property, plant and equipment (PPE), this will reduce their cash position. This is called Capital Expenditures (CPEX).
Likewise, if a company buys another company for cash, this will reduce their cash position.
Tejon Ranch Co's Cash Flow from Investing for the fiscal year that ended in Dec. 2023 is calculated as:
Cash Flow from Investing | (A: Dec. 2023 ) | ||||
= | Purchase Of Property, Plant, Equipment | + | Sale Of Property, Plant, Equipment | + | Purchase Of Business |
= | -27.362 | + | 0 | + | -4.5 |
+ | Sale Of Business | + | Purchase Of Investment | + | Sale Of Investment |
+ | 0 | + | -132.317 | + | 137.798 |
+ | Net Intangibles Purchase And Sale | + | Cash From Discontinued Investing Activities | + | Cash From Other Investing Activities |
+ | -4.71 | + | 0 | + | 17.089 |
= | -14.00 |
Tejon Ranch Co's Cash Flow from Investing for the quarter that ended in Mar. 2024 is calculated as:
Cash Flow from Investing | (Q: Mar. 2024 ) | ||||
= | Purchase Of Property, Plant, Equipment | + | Sale Of Property, Plant, Equipment | + | Purchase Of Business |
= | -13.36 | + | 0 | + | 0 |
+ | Sale Of Business | + | Purchase Of Investment | + | Sale Of Investment |
+ | 0 | + | -38.614 | + | 46.239 |
+ | Net Intangibles Purchase And Sale | + | Cash From Discontinued Investing Activities | + | Cash From Other Investing Activities |
+ | -5.248 | + | 0 | + | 14.057 |
= | 3.07 |
Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.81 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tejon Ranch Co (NYSE:TRC) Cash Flow from Investing Explanation
Cash flow from investing contains nine items:
1. Purchase Of Property, Plant, Equipment:
Purchase of PPE indicates the amount used to purchase property, plant, and equipment.
Tejon Ranch Co's purchase of property, plant, equipment for the three months ended in Mar. 2024 was $-13.36 Mil. It means Tejon Ranch Co spent $13.36 Mil on purchasing property, plant, equipment.
In the capital spending for property, plant and equipment (PPE), some part of spending may be from the expansion of business. The business needs more property, plant and equipment (PPE) as it grows. Another part may be from replacement of the property, plant and equipment (PPE) of existing business. For some companies, the cash spent on replacing of the property, plant and equipment (PPE) of the existing business will be close to the depreciation of property, plant and equipment (PPE) reported in the income statement.
In Warren Buffett's definition of Owner's Earnings, he deducts the estimate of the cost of replacing the property, plant and equipment (PPE) of the existing business from cash flow from operations. The cash spent on the new property, plant, and equipment is not deducted. The reason is because these are not costs of the existing business. In his 1986 letter to shareholders, Warren Buffett wrote this about owner earnings:
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume....Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
2. Sale Of Property, Plant, Equipment:
Sale of PPE indicates the amount gained from selling property, plant, and equipment.
Tejon Ranch Co's sale of property, plant, equipment for the three months ended in Mar. 2024 was $0.00 Mil. It means Tejon Ranch Co gained $0.00 Mil from selling property, plant, and equipment.
3.Purchase Of Business:
Purchase of business indicates the amount used to purchase business.
Tejon Ranch Co's purchase of business for the three months ended in Mar. 2024 was $0.00 Mil. It means Tejon Ranch Co spent $0.00 Mil on purchasing business.
4. Sale Of Business:
Sale of business indicates the amount gained from selling business.
Tejon Ranch Co's sale of business for the three months ended in Mar. 2024 was $0.00 Mil. It means Tejon Ranch Co gained $0.00 Mil from selling business.
5. Purchase Of Investment:
Purchase of Investments represents cash outflow on the purchase of investments in securities.
Tejon Ranch Co's purchase of investment for the three months ended in Mar. 2024 was $-38.61 Mil. It means Tejon Ranch Co spent {stock_data.stock.currency_symbol}}38.61 Mil on purchasing investments.
6. Sale Of Investment:
Sale of Investments represents cash inflow on the sale of investments in securities.
Tejon Ranch Co's sale of investment for the three months ended in Mar. 2024 was $46.24 Mil. It means Tejon Ranch Co gained $46.24 Mil from selling investments.
7. Net Intangibles Purchase And Sale:
Net Intangibles purchase and sale means the net cash inflow received by a company that comes from the purchase and sale of intangibles. It equals the cash received from sale of intangibles minus the cash spent on purchasing intangibles.
Tejon Ranch Co's net Intangibles purchase and sale for the three months ended in Mar. 2024 was $-5.25 Mil. It means Tejon Ranch Co paid $5.25 Mil for net Intangibles purchase and sale.
8. Cash From Discontinued Investing Activities:
Cash from discontinued investing activities means the cash received by a company that comes from the discontinued investing activities.
Tejon Ranch Co's cash from discontinued investing activities for the three months ended in Mar. 2024 was 0.00 Mil. It means Tejon Ranch Co paid $0.00 Mil for discontinued investing activities.
9. Cash From Other Investing Activities:
Cash from other investing activities means the cash received by a company that comes from other investing activities.
Tejon Ranch Co's cash from other investing activities for the three months ended in Mar. 2024 was $14.06 Mil. It means Tejon Ranch Co received $14.06 Mil from other investing activities.
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Towerview Llc | director, 10 percent owner | 460 PARK AVENUE, NEW YORK NY 10022 |
Brett A Brown | officer: Executive Vice President / CFO | C/O INLAND REAL ESTATE CORPORATION, 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523 |
Susan K Hori | director | 2046 VISTA CAJON, NEWPORT BEACH CA 92660 |
Marc William Hardy | officer: SVP, General Counsel | 28 ALDERBROOK, IRVINE CA 92604 |
Rhea Frawn Morgan | director | 31546 FLYING CLOUD DRIVE, LAGUNA NIGUEL CA 92677 |
Dt Four Partners, Llc | director, 10 percent owner | 655 MADISON AVENUE, 11TH FLOOR, NEW YORK NY 10065 |
Jeannie Lynn Fuller | director | 6218 DE LA GUERRA TERRACE, BAKERSFIELD CA 93306 |
Michael H Winer | director | 8235 MANJARES, MONTEREY CA 93940 |
Geoffrey L Stack | director | |
Frederick C Tuomi | director | C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606 |
Joseph N Rentfro | officer: Executive VP- Real Estate | P.O. BOX 1000, TEJON RANCH CA 93243 |
Mcmahon Hugh F. Iv | officer: Senior Vice President - RE | 4436 LEBEC RD., P.O. BOX 1000, TEJON RANCH CA 93243 |
Gregory S. Bielli | director, officer: President/CEO | P.O. BOX 1000, LEBEC CA 93243 |
Allen E Lyda | officer: Vice President / CFO | |
Steven A. Betts | director | 3300 NORTH THIRD AVE., PHOENIX AZ 85013 |
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