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 Jun. 2013, STEC,spent€0.90 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€0.00 Mil on purchasing investments.
It gained€0.00 Mil from selling investments.
It paid€0.00Mil for net Intangibles purchase and sale.
And it paid€0.00 Mil for other investing activities.
In all, STEC,spent€0.90 Mil on investment activities in financial market and operating subsidiaries for the
three
months ended in Jun. 2013.
STEC, Cash Flow from Investing Historical Data
The historical data trend for STEC,'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.
STEC,'s Cash Flow from Investing for the fiscal year that ended in Dec. 2012 is calculated as:
Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was €-9.12 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.
STEC, (FRA:XTC) Cash Flow from Investing Explanation
STEC,'s purchase of property, plant, equipment for the
three
months ended in Jun. 2013 was €-0.90 Mil. It means STEC, spent €0.90 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)."
STEC,'s sale of property, plant, equipment for the
three
months ended in Jun. 2013 was €0.00 Mil. It means STEC, gained €0.00 Mil from selling property, plant, and equipment.
3.Purchase Of Business:
Purchase of business indicates the amount used to purchase business.
STEC,'s purchase of business for the
three
months ended in Jun. 2013 was €0.00 Mil. It means STEC, spent €0.00 Mil on purchasing business.
4. Sale Of Business:
Sale of business indicates the amount gained from selling business.
STEC,'s sale of business for the
three
months ended in Jun. 2013 was €0.00 Mil. It means STEC, gained €0.00 Mil from selling business.
5. Purchase Of Investment:
Purchase of Investments represents cash outflow on the purchase of investments in securities.
STEC,'s purchase of investment for the
three
months ended in Jun. 2013 was €0.00 Mil. It means STEC, spent {stock_data.stock.currency_symbol}}0.00 Mil on purchasing investments.
6. Sale Of Investment:
Sale of Investments represents cash inflow on the sale of investments in securities.
STEC,'s sale of investment for the
three
months ended in Jun. 2013 was €0.00 Mil. It means STEC, 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.
STEC,'s net Intangibles purchase and sale for the
three
months ended in Jun. 2013 was €0.00 Mil.
It means STEC, paid €0.00 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.
STEC,'s cash from discontinued investing activities for the
three
months ended in Jun. 2013 was 0.00 Mil.
It means STEC, 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.
STEC,'s cash from other investing activities for the
three
months ended in Jun. 2013 was €0.00 Mil.
It means STEC, paid €0.00 Mil for other investing activities.
STEC, Cash Flow from Investing Related Terms
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STEC, Inc., was incorporated in 1990 in the state of California. It provides enterprise-class Flash solid-state drives that are designed to increase the performance of enterprise-storage systems and servers that companies use to retain and access their critical data. Its products are designed for storage systems and servers that run applications requiring a high level of input/output operations per second ('IOPS') performance, capacity, reliability and low latency. The Company designs and develops its SSD controllers, enhance them with proprietary firmware and combine them with third-party Flash memory to form high-performance SSDs which provide a level of IOPS performance not currently possible with traditional hard disk drives ('HDDs'). The Company sells its SSDs to global storage and server original equipment manufacturers ('OEMs') which integrate them into storage systems and servers used by enterprises in a variety of industries including financial services, government, transportation, defense and aerospace, and transaction processing. It also manufactures small form factor Flash SSDs, cards and modules, as well as custom high density dynamic random access memory ('DRAM') modules for networking, communications and industrial applications. The Company markets its products to OEMs, leveraging its comprehensive design capabilities to offer custom storage solutions to address their specific needs. A major area of its Flash-based product investment has been applied to SSD technology. It also offers both monolithic DRAM modules and DRAM modules based on its proprietary stacking technology. The Company also offers both monolithic DRAM modules and DRAM modules based on its proprietary stacking technology. The Company's ZeusIOPS SSDs are high performance enterprise-class data storage solutions. Its MACH-class SSDs are small form factor, high throughput storage solutions for mission-critical systems in a variety of industries. The Company's Industrial Grade Advanced Technology Attachment ('ATA') PC Cards are viable alternatives to HDDs due to their high reliability and low cost per useable megabyte. CompactFlash products provide full PC Card ATA functionality but are only one-fourth the size of a standard PC Card. Its flash module products include USB and Serial ATA interfaces and are targeted toward embedded systems where device footprint and low power are critical design parameters. The Company's Secure Digital ('SD') Flash Memory Cards are small, removable and non-volatile flash memory with a high performance interface. Its USB flash drive built upon an industrial-grade flash controller technology has capacity of 1GB to 8GB, its USB Flash Drive couples convenience and portability with performance and reliability. The Company offers DRAM products, including dual in-line memory modules ('DIMMs'), small-outline DIMMs, mini-registered DIMMs, very low profile registered DIMMs ('VLP RDIMMs') and Fully-Buffered DIMMs ('FB-DIMMs'). Its pat
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