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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, Oportun Financial spent $3.1 Mil on purchasing property, plant, equipment. It gained $0.0 Mil from selling property, plant, and equipment. It spent $0.0 Mil on purchasing business. It gained $0.0 Mil from selling business. It spent $0.0 Mil on purchasing investments. It gained $0.0 Mil from selling investments. It paid $0.0Mil for net Intangibles purchase and sale. And it received $39.6 Mil from other investing activities. In all, Oportun Financial gained $36.5 Mil on investment activities in financial market and operating subsidiaries for the three months ended in Mar. 2024.
The historical data trend for Oportun 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.
Oportun Financial Annual Data | |||||||||||||||||
Trend | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
Cash Flow from Investing | Get a 7-Day Free Trial | -497.68 | 16.38 | -884.79 | -1,171.55 | -286.18 |
Oportun Financial Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Cash Flow from Investing | Get a 7-Day Free Trial | -39.65 | -64.37 | -85.35 | -96.81 | 36.46 |
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.
Oportun Financial's Cash Flow from Investing for the fiscal year that ended in Dec. 2023 is calculated as:
Oportun Financial'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 $-210.1 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.
Oportun Financial (NAS:OPRT) 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.
Oportun Financial's purchase of property, plant, equipment for the three months ended in Mar. 2024 was $-3.1 Mil. It means Oportun Financial spent $3.1 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.
Oportun Financial's sale of property, plant, equipment for the three months ended in Mar. 2024 was $0.0 Mil. It means Oportun Financial gained $0.0 Mil from selling property, plant, and equipment.
3.Purchase Of Business:
Purchase of business indicates the amount used to purchase business.
Oportun Financial's purchase of business for the three months ended in Mar. 2024 was $0.0 Mil. It means Oportun Financial spent $0.0 Mil on purchasing business.
4. Sale Of Business:
Sale of business indicates the amount gained from selling business.
Oportun Financial's sale of business for the three months ended in Mar. 2024 was $0.0 Mil. It means Oportun Financial gained $0.0 Mil from selling business.
5. Purchase Of Investment:
Purchase of Investments represents cash outflow on the purchase of investments in securities.
Oportun Financial's purchase of investment for the three months ended in Mar. 2024 was $0.0 Mil. It means Oportun Financial spent {stock_data.stock.currency_symbol}}0.0 Mil on purchasing investments.
6. Sale Of Investment:
Sale of Investments represents cash inflow on the sale of investments in securities.
Oportun Financial's sale of investment for the three months ended in Mar. 2024 was $0.0 Mil. It means Oportun Financial gained $0.0 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.
Oportun Financial's net Intangibles purchase and sale for the three months ended in Mar. 2024 was $0.0 Mil. It means Oportun Financial paid $0.0 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.
Oportun Financial's cash from discontinued investing activities for the three months ended in Mar. 2024 was 0.0 Mil. It means Oportun Financial paid $0.0 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.
Oportun Financial's cash from other investing activities for the three months ended in Mar. 2024 was $39.6 Mil. It means Oportun Financial received $39.6 Mil from other investing activities.
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Jules A. Maltz | 10 percent owner | 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025 |
Institutional Venture Management Xiv, Llc | 10 percent owner | 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025 |
Kathleen I. Layton | officer: Chief Legal Officer | 2 CIRCLE STAR WAY, SAN CARLOS CA 94070 |
Jonathan Aaron Coblentz | officer: CFO & Chief Admin Officer | 23 WEST 73RD STREET, APT 914, NEW YORK NY 10023 |
Raul Vazquez | director, officer: Chief Executive Officer | 500 STAPLES DR., FRAMINGHAM MA 01702 |
Aida Alvarez | director | 5995 PLAZA DRIVE MAIL ST CY20-103, CYPRESS CA 90630 |
Casey Mueller | officer: Global Controller and PAO | 2 CIRCLE STAR WAY, SAN CARLOS CA 94070 |
Patrick Kirscht | officer: Chief Credit Officer | 2 CIRCLE STAR WAY, SAN CARLOS CA 94070 |
Ginny Lee | director | 2 CIRCLE STAR WAY, SAN CARLOS CA 94070 |
Sandra Adele Smith | director | 2 CIRCLE STAR WAY, SAN CARLOS CA 94070 |
Frederic Welts | director | GOLDEN STATE WARRIORS, 1011 BROADWAY, OAKLAND CA 94607 |
Roy Banks | director | 6129 WEST 9600 NORTH, HIGHLAND UT 84003 |
Greylock Xii Gp Llc | 10 percent owner | 2550 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025 |
David Anthony Needham | officer: Chief Technology Officer | 2 CIRCLE STAR WAY, SAN CARLOS CA 94070 |
Joan Aristei | officer: GC & Chief Compliance Officer | 2 CIRCLE STAR WAY, SAN CARLOS CA 94070 |
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