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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 Dec. 2023, Six Flags Entertainment spent $61 Mil on purchasing property, plant, equipment. It gained $0 Mil from selling property, plant, and equipment. It spent $0 Mil on purchasing business. It gained $0 Mil from selling business. It spent $0 Mil on purchasing investments. It gained $0 Mil from selling investments. It paid $0Mil for net Intangibles purchase and sale. And it received $0 Mil from other investing activities. In all, Six Flags Entertainment spent $61 Mil on investment activities in financial market and operating subsidiaries for the three months ended in Dec. 2023.
The historical data trend for Six Flags Entertainment'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.
Six Flags Entertainment Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Cash Flow from Investing | Get a 7-Day Free Trial | -139.13 | -90.89 | -121.70 | -111.51 | -170.24 |
Six Flags Entertainment Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Cash Flow from Investing | Get a 7-Day Free Trial | -38.13 | -25.01 | -42.03 | -42.24 | -60.96 |
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.
Six Flags Entertainment's Cash Flow from Investing for the fiscal year that ended in Dec. 2023 is calculated as:
Six Flags Entertainment's Cash Flow from Investing for the quarter that ended in Dec. 2023 is calculated as:
Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-170 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.
Six Flags Entertainment (NYSE:SIX) 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.
Six Flags Entertainment's purchase of property, plant, equipment for the three months ended in Dec. 2023 was $-61 Mil. It means Six Flags Entertainment spent $61 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.
Six Flags Entertainment's sale of property, plant, equipment for the three months ended in Dec. 2023 was $0 Mil. It means Six Flags Entertainment gained $0 Mil from selling property, plant, and equipment.
3.Purchase Of Business:
Purchase of business indicates the amount used to purchase business.
Six Flags Entertainment's purchase of business for the three months ended in Dec. 2023 was $0 Mil. It means Six Flags Entertainment spent $0 Mil on purchasing business.
4. Sale Of Business:
Sale of business indicates the amount gained from selling business.
Six Flags Entertainment's sale of business for the three months ended in Dec. 2023 was $0 Mil. It means Six Flags Entertainment gained $0 Mil from selling business.
5. Purchase Of Investment:
Purchase of Investments represents cash outflow on the purchase of investments in securities.
Six Flags Entertainment's purchase of investment for the three months ended in Dec. 2023 was $0 Mil. It means Six Flags Entertainment spent {stock_data.stock.currency_symbol}}0 Mil on purchasing investments.
6. Sale Of Investment:
Sale of Investments represents cash inflow on the sale of investments in securities.
Six Flags Entertainment's sale of investment for the three months ended in Dec. 2023 was $0 Mil. It means Six Flags Entertainment gained $0 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.
Six Flags Entertainment's net Intangibles purchase and sale for the three months ended in Dec. 2023 was $0 Mil. It means Six Flags Entertainment paid $0 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.
Six Flags Entertainment's cash from discontinued investing activities for the three months ended in Dec. 2023 was 0 Mil. It means Six Flags Entertainment paid $0 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.
Six Flags Entertainment's cash from other investing activities for the three months ended in Dec. 2023 was $0 Mil. It means Six Flags Entertainment received $0 Mil from other investing activities.
Thank you for viewing the detailed overview of Six Flags Entertainment's Cash Flow from Investing provided by GuruFocus.com. Please click on the following links to see related term pages.
Derek Sample | officer: Chief Accounting Officer | C/O SIX FLAGS ENTERTAINMENT CORPORATION, 1000 BALLPARK WAY, SUITE 400, ARLINGTON TX 76011 |
Aimee Williams-ramey | officer: CHIEF LEGAL OFFICER | C/O SIX FLAGS ENTERTAINMENT CORPORATION, SUITE 400, ARLINGTON TX 76011 |
Gary Mick | officer: CHIEF FINANCIAL OFFICER | C/O SIX FLAGS ENTERTAINMENT CORPORATION, 1000 BALLPARK WAY, SUITE 400, ARLINGTON TX 76011 |
Marilyn G Spiegel | director | ONE CAESARS PALACE DRIVE, C/O CAESARS ENTERTAINMENT, LAS VEGAS NV 89109 |
Rehan Jaffer | 10 percent owner | C/O H PARTNERS MANAGEMENT, LLC, 888 SEVENTH AVENUE, 29TH FLOOR, NEW YORK NY 10019 |
Arik W Ruchim | director | 600 CORPORATION DRIVE, PENDLETON IN 46064 |
Chieh E. Huang | director | C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013 |
Stephen Purtell | officer: Interim CFO | C/O SIX FLAGS ENTERTAINMENT CORPORATION, 1000 BALLPARK WAY, SUITE 400, ARLINGTON TX 76011 |
Justin Hunt | officer: Principal Accounting Officer | C/O SIX FLAGS ENTERTAINMENT CORPORATION, 1000 BALLPARK WAY, SUITE 400, ARLINGTON TX 76011 |
Selim A Bassoul | director | C/O MIDDLEBY CORP, 1400 TOASTMASTER DRIVE, ELGIN IL 8477413300 |
Wilson Taylor Brooks | officer: VP, Chief Accounting Officer | 2020 RAISINTREE DRIVE, FORT WORTH TX 76244 |
Mike Spanos | director | PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577 |
Denise M. Clark | director | C/O AMC ENTERTAINMENT HOLDINGS INC, 11500 ASH STREET, LEAWOOD KS 66211 |
Kurt Matthew Cellar | director | 71 ROTON AVENUE, NORWALK CT 06853 |
Nancy A Krejsa | director | 292 SOUTH OLD CREEK ROAD, VERNON HILLS IL 60061 |
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