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Fortune Rise Acquisition (Fortune Rise Acquisition) Cash Flow from Investing : $69.83 Mil (TTM As of Mar. 2024)


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What is Fortune Rise Acquisition 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, Fortune Rise Acquisition spent $0.00 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, Fortune Rise Acquisition spent $0.38 Mil on investment activities in financial market and operating subsidiaries for the three months ended in Mar. 2024.


Fortune Rise Acquisition Cash Flow from Investing Historical Data

The historical data trend for Fortune Rise Acquisition'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.

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Fortune Rise Acquisition Cash Flow from Investing Chart

Fortune Rise Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Cash Flow from Investing
- -0.77 69.43

Fortune Rise Acquisition Quarterly Data
Feb21 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 -0.78 65.79 -0.26 4.69 -0.38

Fortune Rise Acquisition 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.

Fortune Rise Acquisition's Cash Flow from Investing for the fiscal year that ended in Dec. 2023 is calculated as:

Fortune Rise Acquisition'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 $69.83 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.


Fortune Rise Acquisition  (NAS:FRLA) 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.

Fortune Rise Acquisition's purchase of property, plant, equipment for the three months ended in Mar. 2024 was $0.00 Mil. It means Fortune Rise Acquisition spent $0.00 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.

Fortune Rise Acquisition's sale of property, plant, equipment for the three months ended in Mar. 2024 was $0.00 Mil. It means Fortune Rise Acquisition gained $0.00 Mil from selling property, plant, and equipment.

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

Fortune Rise Acquisition's purchase of business for the three months ended in Mar. 2024 was $0.00 Mil. It means Fortune Rise Acquisition spent $0.00 Mil on purchasing business.

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

Fortune Rise Acquisition's sale of business for the three months ended in Mar. 2024 was $0.00 Mil. It means Fortune Rise Acquisition gained $0.00 Mil from selling business.

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

Fortune Rise Acquisition's purchase of investment for the three months ended in Mar. 2024 was $0.00 Mil. It means Fortune Rise Acquisition 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.

Fortune Rise Acquisition's sale of investment for the three months ended in Mar. 2024 was $0.00 Mil. It means Fortune Rise Acquisition 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.

Fortune Rise Acquisition's net Intangibles purchase and sale for the three months ended in Mar. 2024 was $0.00 Mil. It means Fortune Rise Acquisition 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.

Fortune Rise Acquisition's cash from discontinued investing activities for the three months ended in Mar. 2024 was 0.00 Mil. It means Fortune Rise Acquisition 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.

Fortune Rise Acquisition's cash from other investing activities for the three months ended in Mar. 2024 was $0.00 Mil. It means Fortune Rise Acquisition paid $0.00 Mil for other investing activities.


Fortune Rise Acquisition Cash Flow from Investing Related Terms

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Fortune Rise Acquisition (Fortune Rise Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
13575 58th Street North, Suite 200, Clearwater, FL, USA, 33760
Website
Fortune Rise Acquisition Corp is a blank check company.
Executives
Ronald Jay Pollack director 1862 MCCAULEY RD, CLEARWATER FL 33765
Ryan Spick director 18034 N 134TH AVE, SUN CITY WEST AZ 85375
Philip Goodman director 6 OAKWOOD DRIVE, SEWALL'S POINT FL 34996
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
J Richard Iler officer: PEO and CFO 815 WALKER STREET, STE. 1155, HOUSTON TX 77002
Payam Eshraghian director 20601 TROON LANE, HUNTINGTON BEACH CA 92646
Michael Davidov director 60 EAST 42 STREET, NEW YORK NY 10165
David Xianglin Li director 3 STONER AVE, GREAT NECK NY 11021
Lei Huang director, officer: Chief Executive Officer 3 STONER AVE, GREAT NECK NY 10021
Norman C Kristoff director C/O JAMES M. RAE, ESQ., 330 MADISON AVEUNE, 29TH FLOOR, NEW YORK NY 10017
Yuanmei Ma officer: Chief Financial Officer ROOM 605A TOWER A, RAYCOM INFO TECH PARK, NO. 2 KEXUEYUAN S. RD., ZHONGGUANCUN, HAIDIAN DISTRICT, BEIJING F4 100080
Lei Xu director, officer: President and Chairwoman 1818 LINDA VISTA CIR., FULLERTON CA 92831
Fortune Rise Sponsor Llc 10 percent owner 48 BRIDGE STREET, BUILDING A, METUCHEN NJ 08840
Koon Keung Chan 10 percent owner 48 BRIDGE STREET, BUILDING A, METUCHEN NJ 08840

Fortune Rise Acquisition (Fortune Rise Acquisition) Headlines

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