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. 2024, Asiana Airlinesspent₩126,849 Mil on purchasing property, plant, equipment.
It gained₩12,658 Mil from selling property, plant, and equipment.
It spent₩0 Mil on purchasing business.
It gained₩0 Mil from selling business.
It spent₩0 Mil on purchasing investments.
It gained₩8,454 Mil from selling investments.
It received₩1,729 Mil from net Intangibles purchase and sale.
And it paid₩29,098 Mil for other investing activities.
In all, Asiana Airlinesspent₩133,106 Mil on investment activities in financial market and operating subsidiaries for the
three
months ended in Jun. 2024.
Asiana Airlines Cash Flow from Investing Historical Data
The historical data trend for Asiana Airlines'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.
Asiana Airlines 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.
Asiana Airlines's Cash Flow from Investing for the fiscal year that ended in Dec. 2023 is calculated as:
Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-78,634 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.
Asiana Airlines (XKRX:020560) Cash Flow from Investing Explanation
Asiana Airlines's purchase of property, plant, equipment for the
three
months ended in Jun. 2024 was ₩-126,849 Mil. It means Asiana Airlines spent ₩126,849 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)."
Asiana Airlines's sale of property, plant, equipment for the
three
months ended in Jun. 2024 was ₩12,658 Mil. It means Asiana Airlines gained ₩12,658 Mil from selling property, plant, and equipment.
3.Purchase Of Business:
Purchase of business indicates the amount used to purchase business.
Asiana Airlines's purchase of business for the
three
months ended in Jun. 2024 was ₩0 Mil. It means Asiana Airlines spent ₩0 Mil on purchasing business.
4. Sale Of Business:
Sale of business indicates the amount gained from selling business.
Asiana Airlines's sale of business for the
three
months ended in Jun. 2024 was ₩0 Mil. It means Asiana Airlines gained ₩0 Mil from selling business.
5. Purchase Of Investment:
Purchase of Investments represents cash outflow on the purchase of investments in securities.
Asiana Airlines's purchase of investment for the
three
months ended in Jun. 2024 was ₩0 Mil. It means Asiana Airlines spent {stock_data.stock.currency_symbol}}0 Mil on purchasing investments.
6. Sale Of Investment:
Sale of Investments represents cash inflow on the sale of investments in securities.
Asiana Airlines's sale of investment for the
three
months ended in Jun. 2024 was ₩8,454 Mil. It means Asiana Airlines gained ₩8,454 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.
Asiana Airlines's net Intangibles purchase and sale for the
three
months ended in Jun. 2024 was ₩1,729 Mil.
It means Asiana Airlines received ₩1,729 Mil from 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.
Asiana Airlines's cash from discontinued investing activities for the
three
months ended in Jun. 2024 was 0 Mil.
It means Asiana Airlines 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.
Asiana Airlines's cash from other investing activities for the
three
months ended in Jun. 2024 was ₩-29,098 Mil.
It means Asiana Airlines paid ₩29,098 Mil for other investing activities.
Asiana Airlines Cash Flow from Investing Related Terms
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Asiana Airlines Inc is one of South Korea's major airlines. It generates revenue by transporting passengers, cargo, and by providing supplementary services related to airlines and travel industries. The company offers many different classes, or cabin experiences, for each flight. A customer may purchase tickets, check the flight status, check-in, and order/confirm other amenities on the company's website. Only a small portion of revenue is derived from domestic passengers (South Korea), with international passengers and carrying cargo constituting a majority. The majority of Asiana's revenue is from routes conducted throughout Asia.
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