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Mount Gibson Iron (ASX:MGX) Cash Flow from Investing : A$-342.1 Mil (TTM As of Dec. 2023)


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What is Mount Gibson Iron 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. 2023, Mount Gibson Iron spent A$12.5 Mil on purchasing property, plant, equipment. It gained A$0.2 Mil from selling property, plant, and equipment. It spent A$0.0 Mil on purchasing business. It gained A$0.0 Mil from selling business. It spent A$202.9 Mil on purchasing investments. It gained A$0.0 Mil from selling investments. It paid A$13.0Mil for net Intangibles purchase and sale. And it received A$14.0 Mil from other investing activities. In all, Mount Gibson Iron spent A$214.3 Mil on investment activities in financial market and operating subsidiaries for the six months ended in Dec. 2023.


Mount Gibson Iron Cash Flow from Investing Historical Data

The historical data trend for Mount Gibson Iron'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.

Mount Gibson Iron Cash Flow from Investing Chart

Mount Gibson Iron Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cash Flow from Investing
Get a 7-Day Free Trial Premium Member Only Premium Member Only -40.68 -62.15 -156.64 -7.90 -129.28

Mount Gibson Iron Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 19.61 -27.51 -1.47 -127.81 -214.27

Mount Gibson Iron 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.

Mount Gibson Iron's Cash Flow from Investing for the fiscal year that ended in Jun. 2023 is calculated as:

Mount Gibson Iron'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 semi-annually data reported by the company within the most recent 12 months, which was A$-342.1 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.


Mount Gibson Iron  (ASX:MGX) 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.

Mount Gibson Iron's purchase of property, plant, equipment for the six months ended in Dec. 2023 was A$-12.5 Mil. It means Mount Gibson Iron spent A$12.5 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.

Mount Gibson Iron's sale of property, plant, equipment for the six months ended in Dec. 2023 was A$0.2 Mil. It means Mount Gibson Iron gained A$0.2 Mil from selling property, plant, and equipment.

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

Mount Gibson Iron's purchase of business for the six months ended in Dec. 2023 was A$0.0 Mil. It means Mount Gibson Iron spent A$0.0 Mil on purchasing business.

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

Mount Gibson Iron's sale of business for the six months ended in Dec. 2023 was A$0.0 Mil. It means Mount Gibson Iron gained A$0.0 Mil from selling business.

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

Mount Gibson Iron's purchase of investment for the six months ended in Dec. 2023 was A$-202.9 Mil. It means Mount Gibson Iron spent {stock_data.stock.currency_symbol}}202.9 Mil on purchasing investments.

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

Mount Gibson Iron's sale of investment for the six months ended in Dec. 2023 was A$0.0 Mil. It means Mount Gibson Iron gained A$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.

Mount Gibson Iron's net Intangibles purchase and sale for the six months ended in Dec. 2023 was A$-13.0 Mil. It means Mount Gibson Iron paid A$13.0 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.

Mount Gibson Iron's cash from discontinued investing activities for the six months ended in Dec. 2023 was 0.0 Mil. It means Mount Gibson Iron paid A$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.

Mount Gibson Iron's cash from other investing activities for the six months ended in Dec. 2023 was A$14.0 Mil. It means Mount Gibson Iron received A$14.0 Mil from other investing activities.


Mount Gibson Iron Cash Flow from Investing Related Terms

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Mount Gibson Iron (ASX:MGX) Business Description

Traded in Other Exchanges
Address
2 Kings Park Road, Level 1, West Perth, Perth, WA, AUS, 6005
Mount Gibson Iron Ltd is a Western Australia-based iron ore mining company. The activities of the company involve mining, processing and direct shipment of hematite iron ore at the Koolan Island mine site in the Kimberley region of Western Australia; care and maintenance of the Shine hematite iron ore site and related infrastructure, rehabilitation works at the Extension Hill mine site and management of the Geraldton Port facilities in the Mid-West region of Western Australia; treasury management; and the pursuit of mineral resources acquisitions and investments. The company operates into two segments: Mid-West segment and Koolan Island segment. The company derives the majority of its revenue from Koolan Island.

Mount Gibson Iron (ASX:MGX) Headlines