Market Cap : 13.28 B | Enterprise Value : 12.51 B | PE Ratio : 16.16 | PB Ratio : 1.83 |
---|
FHN has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
FHN has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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 Sep. 2022, First Horizon spent $3 Mil on purchasing property, plant, equipment. It gained $2 Mil from selling property, plant, and equipment. It spent $0 Mil on purchasing business. It gained $0 Mil from selling business. It spent $1,306 Mil on purchasing investments. It gained $335 Mil from selling investments. It paid $0Mil for net Intangibles purchase and sale. And it received $5,407 Mil from other investing activities. In all, First Horizon gained $4,435 Mil on investment activities in financial market and operating subsidiaries for the three months ended in Sep. 2022.
The historical data trend for First Horizon'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.
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.
First Horizon's Cash Flow from Investing for the fiscal year that ended in Dec. 2021 is calculated as:
First Horizon's Cash Flow from Investing for the quarter that ended in Sep. 2022 is calculated as:
Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $7,011 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.
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.
First Horizon's purchase of property, plant, equipment for the three months ended in Sep. 2022 was $-3 Mil. It means First Horizon spent $3 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.
First Horizon's sale of property, plant, equipment for the three months ended in Sep. 2022 was $2 Mil. It means First Horizon gained $2 Mil from selling property, plant, and equipment.
3.Purchase Of Business:
Purchase of business indicates the amount used to purchase business.
First Horizon's purchase of business for the three months ended in Sep. 2022 was $0 Mil. It means First Horizon spent $0 Mil on purchasing business.
4. Sale Of Business:
Sale of business indicates the amount gained from selling business.
First Horizon's sale of business for the three months ended in Sep. 2022 was $0 Mil. It means First Horizon gained $0 Mil from selling business.
5. Purchase Of Investment:
Purchase of Investments represents cash outflow on the purchase of investments in securities.
First Horizon's purchase of investment for the three months ended in Sep. 2022 was $-1,306 Mil. It means First Horizon spent {stock_data.stock.currency_symbol}}1,306 Mil on purchasing investments.
6. Sale Of Investment:
Sale of Investments represents cash inflow on the sale of investments in securities.
First Horizon's sale of investment for the three months ended in Sep. 2022 was $335 Mil. It means First Horizon gained $335 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.
First Horizon's net Intangibles purchase and sale for the three months ended in Sep. 2022 was $0 Mil. It means First Horizon 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.
First Horizon's cash from discontinued investing activities for the three months ended in Sep. 2022 was 0 Mil. It means First Horizon 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.
First Horizon's cash from other investing activities for the three months ended in Sep. 2022 was $5,407 Mil. It means First Horizon received $5,407 Mil from other investing activities.
Thank you for viewing the detailed overview of First Horizon's Cash Flow from Investing provided by GuruFocus.com. Please click on the following links to see related term pages.
Hope Dmuchowski | officer: Sr. EVP & CFO | 165 MADISON AVE, MEMPHIS TN 38103 |
John N Casbon | director | 200 WEST CONGRESS STREET, LAFAYETTE LA 70501 |
Tammy Locascio | officer: Sr. EVP, Chief HR Officer | 165 MADISON AVE, MEMPHIS TN 38103 |
Kemp Sr James Michael | director | 200 WEST CONGRESS STREET, LAFAYETTE LA 70501 |
Ricky E Maples | director | 200 WEST CONGRESS STREET, LAFAYETTE LA 70501 |
Terry Lawson Akins | officer: Sr. EVP, Chief Risk Officer | 200 WEST CONGRESS STREET, LAFAYETTE LA 70501 |
Elizabeth A Ardoin | officer: SEVP, Chief Communications Ofc | 200 WEST CONGRESS STREET, LAFAYETTE LA 70501 |
Rosa Sugranes | director | 2975 N.W. 77TH AVE, DORAL FL 33132 |
Anthony J Restel | officer: SEVP Chief Operating Officer | 200 WEST CONGRESS STREET, LAFAYETTE LA 70501 |
Shea E Stewart Iii | director | 200 WEST CONGRESS STREET, LAFAYETTE LA 70501 |
William H Fenstermaker | director | 200 WEST CONGRESS STREET, LAFAYETTE LA 70501 |
Daryl G Byrd | director, officer: Executive Chairman of Board | 200 WEST CONGRESS STREET, LAFAYETTE LA 70501 |
Barton Harry V Jr | director | 200 WEST CONGRESS STREET, LAFAYETTE LA 70501 |
Michael J Brown | officer: President - Regional Banking | 200 WEST CONGRESS STREET, LAFAYETTE LA 70501 |
Wendy P Davidson | director | 2210 WEST OAKLAWN DRIVE, SPRINGDALE AR 72762 |
From GuruFocus
By PRNewswire 05-31-2022
By PRNewswire 08-16-2022
By PRNewswire 12-16-2022
By PRNewswire 08-25-2022
Other Sources
By Yahoo Finance 2022-10-18
By Yahoo Finance 2022-12-20
By Yahoo Finance 2022-10-25
By Zacks 2023-01-11
By Yahoo Finance 2023-01-11
By Yahoo Finance 2022-11-06
By Yahoo Finance 2022-10-19
By Yahoo Finance 2023-01-18
By Yahoo Finance 2022-10-28
By Yahoo Finance 2023-01-03
By Seekingalpha 2023-01-19
By Yahoo Finance 2022-11-01
By Yahoo Finance 2022-10-14
By Bloomberg 2023-01-17
By Yahoo Finance 2022-12-01