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, Access Hldgsspent₦56,864 Mil on purchasing property, plant, equipment.
It gained₦5,486 Mil from selling property, plant, and equipment.
It spent₦0 Mil on purchasing business.
It gained₦155,723 Mil from selling business.
It spent₦545,568 Mil on purchasing investments.
It gained₦650,654 Mil from selling investments.
It paid₦25,024Mil for net Intangibles purchase and sale.
And it received₦237,285 Mil from other investing activities.
In all, Access Hldgsgained₦421,692 Mil on investment activities in financial market and operating subsidiaries for the
three
months ended in Mar. 2024.
Access Hldgs Cash Flow from Investing Historical Data
The historical data trend for Access Hldgs'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.
Access Hldgs'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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦1,144,002 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.
Access Hldgs (NSA:ACCESSCORP) Cash Flow from Investing Explanation
Access Hldgs's purchase of property, plant, equipment for the
three
months ended in Mar. 2024 was ₦-56,864 Mil. It means Access Hldgs spent ₦56,864 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)."
Access Hldgs's sale of property, plant, equipment for the
three
months ended in Mar. 2024 was ₦5,486 Mil. It means Access Hldgs gained ₦5,486 Mil from selling property, plant, and equipment.
3.Purchase Of Business:
Purchase of business indicates the amount used to purchase business.
Access Hldgs's purchase of business for the
three
months ended in Mar. 2024 was ₦0 Mil. It means Access Hldgs spent ₦0 Mil on purchasing business.
4. Sale Of Business:
Sale of business indicates the amount gained from selling business.
Access Hldgs's sale of business for the
three
months ended in Mar. 2024 was ₦155,723 Mil. It means Access Hldgs gained ₦155,723 Mil from selling business.
5. Purchase Of Investment:
Purchase of Investments represents cash outflow on the purchase of investments in securities.
Access Hldgs's purchase of investment for the
three
months ended in Mar. 2024 was ₦-545,568 Mil. It means Access Hldgs spent {stock_data.stock.currency_symbol}}545,568 Mil on purchasing investments.
6. Sale Of Investment:
Sale of Investments represents cash inflow on the sale of investments in securities.
Access Hldgs's sale of investment for the
three
months ended in Mar. 2024 was ₦650,654 Mil. It means Access Hldgs gained ₦650,654 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.
Access Hldgs's net Intangibles purchase and sale for the
three
months ended in Mar. 2024 was ₦-25,024 Mil.
It means Access Hldgs paid ₦25,024 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.
Access Hldgs's cash from discontinued investing activities for the
three
months ended in Mar. 2024 was 0 Mil.
It means Access Hldgs 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.
Access Hldgs's cash from other investing activities for the
three
months ended in Mar. 2024 was ₦237,285 Mil.
It means Access Hldgs received ₦237,285 Mil from other investing activities.
Access Hldgs Cash Flow from Investing Related Terms
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Access Hldgs (NSA:ACCESSCORP) Business Description
Access Bank PLC is a full-service commercial bank based in Nigeria. It serves primarily through four market segments, namely Retail Banking, Business Banking, Commercial Banking, and Corporate and Investment Banking. The Commercial Banking segment provides commercial banking products and services to the non-institutional clients, medium and small corporate segments of the Nigerian market. Corporate & investment banking provides bespoke comprehensive banking products and a full range of services to multinationals, large domestic corporations, and other institutional clients. Retail banking provides financial products and services to individuals and the private banking segment. It has three geographical segments, which include Nigeria, the Rest of Africa, and Europe.
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