What is Advanced Battery Technologies 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
six
months ended in Dec. 2010, Advanced Battery Technologiesspent$12.38 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$9.96 Mil on purchasing investments.
It gained$0.00 Mil from selling investments.
It paid$0.15Mil for net Intangibles purchase and sale.
And it paid$0.00 Mil for other investing activities.
In all, Advanced Battery Technologiesspent$22.49 Mil on investment activities in financial market and operating subsidiaries for the
six
months ended in Dec. 2010.
Advanced Battery Technologies Cash Flow from Investing Historical Data
* 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.
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Advanced Battery Technologies Cash Flow from Investing Chart
Advanced Battery Technologies 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.
Advanced Battery Technologies's Cash Flow from Investing for the fiscal year that ended in Dec. 2010 is calculated as:
For stock reported annually, GuruFocus uses latest annual data as the TTM data. Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2010 was $-22.49 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.
Advanced Battery Technologies (OTCPK:ABAT) Cash Flow from Investing Explanation
Advanced Battery Technologies's purchase of property, plant, equipment for the
six
months ended in Dec. 2010 was $-12.38 Mil. It means Advanced Battery Technologies spent $12.38 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)."
Advanced Battery Technologies's sale of property, plant, equipment for the
six
months ended in Dec. 2010 was $0.00 Mil. It means Advanced Battery Technologies gained $0.00 Mil from selling property, plant, and equipment.
3.Purchase Of Business:
Purchase of business indicates the amount used to purchase business.
Advanced Battery Technologies's purchase of business for the
six
months ended in Dec. 2010 was $0.00 Mil. It means Advanced Battery Technologies spent $0.00 Mil on purchasing business.
4. Sale Of Business:
Sale of business indicates the amount gained from selling business.
Advanced Battery Technologies's sale of business for the
six
months ended in Dec. 2010 was $0.00 Mil. It means Advanced Battery Technologies gained $0.00 Mil from selling business.
5. Purchase Of Investment:
Purchase of Investments represents cash outflow on the purchase of investments in securities.
Advanced Battery Technologies's purchase of investment for the
six
months ended in Dec. 2010 was $-9.96 Mil. It means Advanced Battery Technologies spent {stock_data.stock.currency_symbol}}9.96 Mil on purchasing investments.
6. Sale Of Investment:
Sale of Investments represents cash inflow on the sale of investments in securities.
Advanced Battery Technologies's sale of investment for the
six
months ended in Dec. 2010 was $0.00 Mil. It means Advanced Battery Technologies 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.
Advanced Battery Technologies's net Intangibles purchase and sale for the
six
months ended in Dec. 2010 was $-0.15 Mil.
It means Advanced Battery Technologies paid $0.15 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.
Advanced Battery Technologies's cash from discontinued investing activities for the
six
months ended in Dec. 2010 was 0.00 Mil.
It means Advanced Battery Technologies 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.
Advanced Battery Technologies's cash from other investing activities for the
six
months ended in Dec. 2010 was $-0.00 Mil.
It means Advanced Battery Technologies paid $0.00 Mil for other investing activities.
Advanced Battery Technologies Cash Flow from Investing Related Terms
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Advanced Battery Technologies (Advanced Battery Technologies) Business Description
Advanced Battery Technologies Inc was incorporated in the State of Delaware on January 16, 1984. It is a holding company, which is engaged in design, manufacture and distribution of rechargeable polymer lithium-ion batteries and electric vehicles through its wholly owned subsidiaries, Cashtech, ZQPT, Wuxi ZQ and the VIE, HLJ ZQPT. ZQ Power-Tech designs, manufactures and markets rechargeable polymer lithium-ion batteries. PLI batteries produce a relatively high average of 3.8 volts per cell, which makes them attractive in terms of both weight and volume. Additionally, they can be manufactured in very thin configurations and with large footprints. PLI cells can be configured in almost any prismatic shape, and can be made thinner than 0.0195 inches to fill virtually any shape efficiently. This combination of power and versatility makes rechargeable PLI batteries particularly attractive for use in consumer products such as portable computers, personal digital assistants and cellular telephones. ZQ Power-Techs batteries combine high-energy chemistry with state-of-the-art polymer technology. Every battery component is solid, which means that there are no liquids that need to be contained by heavy cell housings. The result is a safe, thin, lightweight rechargeable battery with an operating temperature range. Similar to lithium-ion prismatic rechargeable cells, the ZQ Power-Tech polymer cells do not exhibit a memory problem. This means that they can be recharged at any state of charge, without first having to be completely discharged. At the present time, ZQ Power-Tech produces only one finished product. This is a cordless miners lamp equipped with a rechargeable PLI battery. The Companys operating subsidiaries, ZQ Power-Tech and Wuxi ZQ, are subject to numerous Chinese provincial and local laws and regulations relating to the protection of the environment.
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