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Global Crossing Airlines Group (Global Crossing Airlines Group) Cash Flow from Investing : $-15.3 Mil (TTM As of Mar. 2024)


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What is Global Crossing Airlines Group Cash Flow from Investing?

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, Global Crossing Airlines Group spent $1.7 Mil on purchasing property, plant, equipment. It gained $0.0 Mil from selling property, plant, and equipment. It spent $0.0 Mil on purchasing business. It gained $0.0 Mil from selling business. It spent $0.0 Mil on purchasing investments. It gained $0.0 Mil from selling investments. It paid $0.0Mil for net Intangibles purchase and sale. And it paid $1.5 Mil for other investing activities. In all, Global Crossing Airlines Group spent $3.2 Mil on investment activities in financial market and operating subsidiaries for the three months ended in Mar. 2024.


Global Crossing Airlines Group Cash Flow from Investing Historical Data

The historical data trend for Global Crossing Airlines Group'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.

* Premium members only.

Global Crossing Airlines Group Cash Flow from Investing Chart

Global Crossing Airlines Group Annual Data
Trend Apr14 Apr15 Apr16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Flow from Investing
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.35 -0.68 -0.65 -5.16 -13.19

Global Crossing Airlines Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.13 -2.91 -3.74 -5.41 -3.25

Global Crossing Airlines Group Cash Flow from Investing Calculation

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.

Global Crossing Airlines Group's Cash Flow from Investing for the fiscal year that ended in Dec. 2023 is calculated as:

Global Crossing Airlines Group's Cash Flow from Investing for the quarter that ended in Mar. 2024 is calculated as:


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 $-15.3 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.


Global Crossing Airlines Group  (OTCPK:JETMF) 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.

Global Crossing Airlines Group's purchase of property, plant, equipment for the three months ended in Mar. 2024 was $-1.7 Mil. It means Global Crossing Airlines Group spent $1.7 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.

Global Crossing Airlines Group's sale of property, plant, equipment for the three months ended in Mar. 2024 was $0.0 Mil. It means Global Crossing Airlines Group gained $0.0 Mil from selling property, plant, and equipment.

3.Purchase Of Business:
Purchase of business indicates the amount used to purchase business.

Global Crossing Airlines Group's purchase of business for the three months ended in Mar. 2024 was $0.0 Mil. It means Global Crossing Airlines Group spent $0.0 Mil on purchasing business.

4. Sale Of Business:
Sale of business indicates the amount gained from selling business.

Global Crossing Airlines Group's sale of business for the three months ended in Mar. 2024 was $0.0 Mil. It means Global Crossing Airlines Group gained $0.0 Mil from selling business.

5. Purchase Of Investment:
Purchase of Investments represents cash outflow on the purchase of investments in securities.

Global Crossing Airlines Group's purchase of investment for the three months ended in Mar. 2024 was $0.0 Mil. It means Global Crossing Airlines Group spent {stock_data.stock.currency_symbol}}0.0 Mil on purchasing investments.

6. Sale Of Investment:
Sale of Investments represents cash inflow on the sale of investments in securities.

Global Crossing Airlines Group's sale of investment for the three months ended in Mar. 2024 was $0.0 Mil. It means Global Crossing Airlines Group gained $0.0 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.

Global Crossing Airlines Group's net Intangibles purchase and sale for the three months ended in Mar. 2024 was $0.0 Mil. It means Global Crossing Airlines Group paid $0.0 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.

Global Crossing Airlines Group's cash from discontinued investing activities for the three months ended in Mar. 2024 was 0.0 Mil. It means Global Crossing Airlines Group paid $0.0 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.

Global Crossing Airlines Group's cash from other investing activities for the three months ended in Mar. 2024 was $-1.5 Mil. It means Global Crossing Airlines Group paid $1.5 Mil for other investing activities.


Global Crossing Airlines Group Cash Flow from Investing Related Terms

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Global Crossing Airlines Group (Global Crossing Airlines Group) Business Description

Traded in Other Exchanges
Address
4200 NW 36th Street, Building 5A, Miami International Airport, Miami, FL, USA, 33166
Global Crossing Airlines Group Inc is an airline operator for both narrow and widebody aircraft around the world, utilizing the efficiencies of an Airbus A320/321 fleet. The company operates wet lease and ACMI flights for airlines and charter operations for tour operators, professional and college teams, and other groups.
Executives
Deborah Wallis Robinson director 4200 NW 36TH ST., BLDG. 5A, 4TH FLOOR, MIAMI FL 33166
Ryan Goepel director, officer: Chief Financial Officer 2333 PONCE DE LEON BLVD., SUITE 630, CORAL GABLES FL 33134
Axar Capital Management L.p. director, 10 percent owner 402 W 13TH STREET, FLOOR 5, NEW YORK NY 10014
Axar Gp, Llc director, 10 percent owner C/O AXAR CAPITAL MANAGEMENT, LP, 402 W 13TH STREET, FLOOR 5, NEW YORK NY 10014
Andrew Axelrod director, 10 percent owner C/O AXAR CAPITAL MANAGEMENT, LP, 402 W 13TH STREET, FLOOR 5, NEW YORK NY 10014
Joseph Jr. Dagrosa director, 10 percent owner 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606
John Quelch director C/O INVERNESS MEDICAL INNOVATIONS INC, 51 SAWYER RD, WALTHAM MA 02453
Edward J Wegel director, 10 percent owner, officer: Chief Executive Officer 1 GORHAM ISLAND, WESTPORT CT 06880
Mcartor Trusten Allan director 200 FALCON RIDGE ROAD, GREAT FALLS VA 22066
Harrington Cordia director 2975 ARMORY DRIVE, NASHVILLE TN 37204
William Shuster director 4200 NW 36TH ST., BLDG. 5A, 4TH FLOOR, MIAMI FL 33166
Ronald Bevans 10 percent owner 4200 NW 36TH ST., BLDG. 5A, 4TH FLOOR, MIAMI FL 33166
Alan Geoffrey Bird director 4200 NW 36TH ST., BLDG. 5A, 4TH FLOOR, MIAMI FL 33166
Juan Pablo Nunez officer: Chief Operating Officer 4200 NW 36TH ST., BLDG. 5A, 4TH FLOOR, MIAMI FL 33166
David Griffith Ross director 4200 NW 36TH ST., BLDG. 5A, 4TH FLOOR, MIAMI FL 33166

Global Crossing Airlines Group (Global Crossing Airlines Group) Headlines