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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 Jun. 2024, Finnovate Acquisition spent $0.00 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 $0.00 Mil on purchasing investments. It gained $0.00 Mil from selling investments. It paid $0.00Mil for net Intangibles purchase and sale. And it paid $0.00 Mil for other investing activities. In all, Finnovate Acquisition gained $26.73 Mil on investment activities in financial market and operating subsidiaries for the three months ended in Jun. 2024.
The historical data trend for Finnovate Acquisition'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.
Finnovate Acquisition Annual Data | |||||||
Trend | Dec21 | Dec22 | Dec23 | ||||
Cash Flow from Investing | - | - | 131.82 |
Finnovate Acquisition Quarterly Data | ||||||||||||||
Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
Cash Flow from Investing | Get a 7-Day Free Trial | 132.62 | -0.50 | -0.30 | -0.30 | 26.73 |
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.
Finnovate Acquisition's Cash Flow from Investing for the fiscal year that ended in Dec. 2023 is calculated as:
Finnovate Acquisition's Cash Flow from Investing for the quarter that ended in Jun. 2024 is calculated as:
Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $25.63 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.
Finnovate Acquisition (OTCPK:FNVTF) 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.
Finnovate Acquisition's purchase of property, plant, equipment for the three months ended in Jun. 2024 was $0.00 Mil. It means Finnovate Acquisition spent $0.00 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.
Finnovate Acquisition's sale of property, plant, equipment for the three months ended in Jun. 2024 was $0.00 Mil. It means Finnovate Acquisition gained $0.00 Mil from selling property, plant, and equipment.
3.Purchase Of Business:
Purchase of business indicates the amount used to purchase business.
Finnovate Acquisition's purchase of business for the three months ended in Jun. 2024 was $0.00 Mil. It means Finnovate Acquisition spent $0.00 Mil on purchasing business.
4. Sale Of Business:
Sale of business indicates the amount gained from selling business.
Finnovate Acquisition's sale of business for the three months ended in Jun. 2024 was $0.00 Mil. It means Finnovate Acquisition gained $0.00 Mil from selling business.
5. Purchase Of Investment:
Purchase of Investments represents cash outflow on the purchase of investments in securities.
Finnovate Acquisition's purchase of investment for the three months ended in Jun. 2024 was $0.00 Mil. It means Finnovate Acquisition spent {stock_data.stock.currency_symbol}}0.00 Mil on purchasing investments.
6. Sale Of Investment:
Sale of Investments represents cash inflow on the sale of investments in securities.
Finnovate Acquisition's sale of investment for the three months ended in Jun. 2024 was $0.00 Mil. It means Finnovate Acquisition gained $0.00 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.
Finnovate Acquisition's net Intangibles purchase and sale for the three months ended in Jun. 2024 was $0.00 Mil. It means Finnovate Acquisition paid $0.00 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.
Finnovate Acquisition's cash from discontinued investing activities for the three months ended in Jun. 2024 was 0.00 Mil. It means Finnovate Acquisition 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.
Finnovate Acquisition's cash from other investing activities for the three months ended in Jun. 2024 was $0.00 Mil. It means Finnovate Acquisition paid $0.00 Mil for other investing activities.
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Chun Yi Hao | director | 2 BURLINGTON WOODS DRIVE, SUITE 100, BURLINGTON MA 01803 |
Sanjay Prasad | director | 25 MALL ROAD, SUITE 330, BURLINGTON MA 01803 |
Tiemei Sarah Li | director | THE WHITE HOUSE, 20 GENESIS CLOSE, GEORGE TOWN E9 KY1 1208 |
Meitav Investment House Ltd | 10 percent owner | 30 DEREKH SHESHET HA-YAMIM ST., BENE-BERAQ L3 5112302 |
Wang Chiu Wong | director, 10 percent owner, officer: Chief Financial Officer | THE WHITE HOUSE 20 GENESIS CLOSE, GEORGE TOWN, E9 KY1 1208 |
Calvin Kung | director, 10 percent owner, officer: Chief Executive Officer | THE WHITE HOUSE 20 GENESIS CLOSE, GEORGE TOWN E9 KY1 1208 |
Sunorange Ltd. | 10 percent owner | C/O FINNOVATE ACQUISITION CORP., THE WHITE HOUSE 20 GENESIS CLOSE,, GEORGE TOWN E9 KY11208 |
Mitchell Alan Garber | director | ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109 |
Ron Avshalom Golan | director, officer: Chief Financial Officer | 6 FROGNAL CLOSE, LONDON X0 NW3 6YB |
Gustavo Rodolfo Schwed | director | 34 WEST 17TH STREET, PH, NEW YORK NY 10011 |
David Gershon | director, officer: Chief Executive Officer | 9 MAURIZIO VITALE APT. 47, TEL AVIV L3 6965104 |
Nadav Zohar | director | C/O FINNOVATE ACQUISITION CORP.,, 94 YIGAL ALON ST., TEL AVIV L3 6789139 |
Jonathan Ophir | officer: Chief Investment Officer | C/O FINNOVATE ACQUISITION CORP.,, 94 YIGAL ALON ST., TEL AVIV L3 6789139 |
Finnovate Sponsor L.p. | 10 percent owner | C/O FINNOVATE ACQUISITION CORP.,, 94 YIGAL ALON ST., TEL AVIV L3 6789139 |
Finnovate Sponsor Llc | 10 percent owner | C/O FINNOVATE ACQUISITION CORP., 94 YIGAL ALON ST., TEL AVIV L3 6789139 |
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