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SoFi Technologies (SoFi Technologies) Cash Flow from Investing : $0.00 Mil (TTM As of Jul. 2020)


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What is SoFi Technologies 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 Jul. 2020, SoFi Technologies 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, SoFi Technologies gained $0.00 Mil on investment activities in financial market and operating subsidiaries for the six months ended in Jul. 2020.


SoFi Technologies Cash Flow from Investing Historical Data

The historical data trend for SoFi Technologies'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.

SoFi Technologies Cash Flow from Investing Chart

SoFi Technologies Annual Data
Trend Dec20
Cash Flow from Investing
-

SoFi Technologies Semi-Annual Data
Jul20
Cash Flow from Investing -

SoFi Technologies 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.

SoFi Technologies's Cash Flow from Investing for the fiscal year that ended in . 20 is calculated as:

SoFi Technologies's Cash Flow from Investing for the quarter that ended in Jul. 2020 is calculated as:


For stock reported annually, GuruFocus uses latest annual data as the TTM data. Cash Flow from Investing for the trailing twelve months (TTM) ended in Jul. 2020 was $0.00 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.


SoFi Technologies  (NAS:SOFI) 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.

SoFi Technologies's purchase of property, plant, equipment for the six months ended in Jul. 2020 was $0.00 Mil. It means SoFi Technologies 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.

SoFi Technologies's sale of property, plant, equipment for the six months ended in Jul. 2020 was $0.00 Mil. It means SoFi Technologies gained $0.00 Mil from selling property, plant, and equipment.

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

SoFi Technologies's purchase of business for the six months ended in Jul. 2020 was $0.00 Mil. It means SoFi Technologies spent $0.00 Mil on purchasing business.

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

SoFi Technologies's sale of business for the six months ended in Jul. 2020 was $0.00 Mil. It means SoFi Technologies gained $0.00 Mil from selling business.

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

SoFi Technologies's purchase of investment for the six months ended in Jul. 2020 was $0.00 Mil. It means SoFi Technologies 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.

SoFi Technologies's sale of investment for the six months ended in Jul. 2020 was $0.00 Mil. It means SoFi Technologies 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.

SoFi Technologies's net Intangibles purchase and sale for the six months ended in Jul. 2020 was $0.00 Mil. It means SoFi Technologies 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.

SoFi Technologies's cash from discontinued investing activities for the six months ended in Jul. 2020 was 0.00 Mil. It means SoFi Technologies 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.

SoFi Technologies's cash from other investing activities for the six months ended in Jul. 2020 was $0.00 Mil. It means SoFi Technologies paid $0.00 Mil for other investing activities.


SoFi Technologies Cash Flow from Investing Related Terms

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SoFi Technologies (SoFi Technologies) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
317 University Avenue, Suite 200, Palo Alto, CA, USA, 94301
SoFi Technologies Inc helps people achieve financial independence to realize their ambitions. Its products include SoFi Money, SoFi Invest, Student Loan Refinancing, Private Student Loans, Personal Loans, Home Loans, SoFi Relay, SoFi Protect among others. The company's product gives over two million members fast access to tools to get their money right. SoFi membership comes with the key essentials for getting ahead, including career advisors and connection to a thriving community of like-minded, ambitious people.