What is Truist Financial 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 Dec. 2023, Truist Financialspent$0 Mil on purchasing property, plant, equipment.
It gained$0 Mil from selling property, plant, and equipment.
It spent$0 Mil on purchasing business.
It gained$0 Mil from selling business.
It spent$1,969 Mil on purchasing investments.
It gained$4,586 Mil from selling investments.
It paid$0Mil for net Intangibles purchase and sale.
And it received$2,376 Mil from other investing activities.
In all, Truist Financialgained$4,993 Mil on investment activities in financial market and operating subsidiaries for the
three
months ended in Dec. 2023.
Truist Financial Cash Flow from Investing Historical Data
The historical data trend for Truist Financial'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.
Truist Financial 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.
Truist Financial'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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $22,858 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.
Truist Financial (NYSE:TFC) Cash Flow from Investing Explanation
Truist Financial's purchase of property, plant, equipment for the
three
months ended in Dec. 2023 was $0 Mil. It means Truist Financial spent $0 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)."
Truist Financial's sale of property, plant, equipment for the
three
months ended in Dec. 2023 was $0 Mil. It means Truist Financial gained $0 Mil from selling property, plant, and equipment.
3.Purchase Of Business:
Purchase of business indicates the amount used to purchase business.
Truist Financial's purchase of business for the
three
months ended in Dec. 2023 was $0 Mil. It means Truist Financial spent $0 Mil on purchasing business.
4. Sale Of Business:
Sale of business indicates the amount gained from selling business.
Truist Financial's sale of business for the
three
months ended in Dec. 2023 was $0 Mil. It means Truist Financial gained $0 Mil from selling business.
5. Purchase Of Investment:
Purchase of Investments represents cash outflow on the purchase of investments in securities.
Truist Financial's purchase of investment for the
three
months ended in Dec. 2023 was $-1,969 Mil. It means Truist Financial spent {stock_data.stock.currency_symbol}}1,969 Mil on purchasing investments.
6. Sale Of Investment:
Sale of Investments represents cash inflow on the sale of investments in securities.
Truist Financial's sale of investment for the
three
months ended in Dec. 2023 was $4,586 Mil. It means Truist Financial gained $4,586 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.
Truist Financial's net Intangibles purchase and sale for the
three
months ended in Dec. 2023 was $0 Mil.
It means Truist Financial paid $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.
Truist Financial's cash from discontinued investing activities for the
three
months ended in Dec. 2023 was 0 Mil.
It means Truist Financial 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.
Truist Financial's cash from other investing activities for the
three
months ended in Dec. 2023 was $2,376 Mil.
It means Truist Financial received $2,376 Mil from other investing activities.
Truist Financial Cash Flow from Investing Related Terms
Thank you for viewing the detailed overview of Truist Financial's Cash Flow from Investing provided by GuruFocus.com. Please click on the following links to see related term pages.
Truist Financial (Truist Financial) Business Description
Based in Charlotte, North Carolina, Truist is the combination of BB&T and SunTrust. Truist is a regional bank with a presence primarily in the Southeastern United States. In addition to commercial banking, retail banking, and investment banking operations, the company operates several nonbank segments, the primary one being its insurance brokerage business.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TFC has been successfully added to your 