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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, Overseas Shipholding Group spent $5.8 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 paid $0.0 Mil for other investing activities. In all, Overseas Shipholding Group spent $5.8 Mil on investment activities in financial market and operating subsidiaries for the three months ended in Mar. 2024.
The historical data trend for Overseas Shipholding Group'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.
Overseas Shipholding Group Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Cash Flow from Investing | Get a 7-Day Free Trial | -129.91 | -78.15 | 24.34 | -21.15 | -30.79 |
Overseas Shipholding Group 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 | -0.45 | -0.95 | -1.19 | -28.20 | -5.78 |
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.
Overseas Shipholding Group's Cash Flow from Investing for the fiscal year that ended in Dec. 2023 is calculated as:
Overseas Shipholding Group'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 $-36.1 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.
Overseas Shipholding Group (NYSE:OSG) 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.
Overseas Shipholding Group's purchase of property, plant, equipment for the three months ended in Mar. 2024 was $-5.8 Mil. It means Overseas Shipholding Group spent $5.8 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.
Overseas Shipholding Group's sale of property, plant, equipment for the three months ended in Mar. 2024 was $0.0 Mil. It means Overseas Shipholding Group gained $0.0 Mil from selling property, plant, and equipment.
3.Purchase Of Business:
Purchase of business indicates the amount used to purchase business.
Overseas Shipholding Group's purchase of business for the three months ended in Mar. 2024 was $0.0 Mil. It means Overseas Shipholding Group spent $0.0 Mil on purchasing business.
4. Sale Of Business:
Sale of business indicates the amount gained from selling business.
Overseas Shipholding Group's sale of business for the three months ended in Mar. 2024 was $0.0 Mil. It means Overseas Shipholding Group gained $0.0 Mil from selling business.
5. Purchase Of Investment:
Purchase of Investments represents cash outflow on the purchase of investments in securities.
Overseas Shipholding Group's purchase of investment for the three months ended in Mar. 2024 was $0.0 Mil. It means Overseas Shipholding Group 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.
Overseas Shipholding Group's sale of investment for the three months ended in Mar. 2024 was $0.0 Mil. It means Overseas Shipholding Group 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.
Overseas Shipholding Group's net Intangibles purchase and sale for the three months ended in Mar. 2024 was $0.0 Mil. It means Overseas Shipholding Group 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.
Overseas Shipholding Group's cash from discontinued investing activities for the three months ended in Mar. 2024 was 0.0 Mil. It means Overseas Shipholding Group 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.
Overseas Shipholding Group's cash from other investing activities for the three months ended in Mar. 2024 was $0.0 Mil. It means Overseas Shipholding Group paid $0.0 Mil for other investing activities.
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Samuel H Norton | director, officer: President and CEO | 58 NE 44TH STREET, MIAMI FL 33133 |
Elaine Goodman Luria | director | 7421 GLENEAGLES RD, NORFOLK VA 23505 |
Douglas D Wheat | director, other: Chairman of the Board | C/O HAAS WHEAT & PARTNERS LP, 300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201 |
Cyrus Capital Partners, L.p. | director, 10 percent owner, other: SEE REMARKS | 65 EAST 55 STREET, 35TH FLOOR, NEW YORK NY 10022 |
Gary Eugene Taylor | director | 814 NORTH BEACH BLVD., BAY ST. LOUIS MS 39520 |
Julie Silcock | director | |
Anja Manuel | director | C/O OVERSEAS SHIPHOLDING GROUP, INC., 302 KNIGHTS RUN AVENUE, TAMPA FL 33602 |
Joseph Isaac Kronsberg | director | 233 PACIFIC STREET, APT 4G, BROOKLYN NY 11201 |
Saltchuk Resources, Inc. | 10 percent owner | 450 ALASKAN WAY SOUTH, SUITE 708, SEATTLE WA 98104 |
Rebecca K Delaet | director | 34 BEACH AVENUE, LARCHMONT NY 10538 |
Ty Wallach | director | C/O PAULSON & CO INC., 1251 AVENUE OF THE AMERICAS, NEW YORK NY 10020 |
Paulson & Co. Inc. | 10 percent owner | 1133 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10036 |
J Patrick Reddy | director | |
Susan Allan | officer: VP, General Counsel & Corp Sec | 302 KNIGHTS RUN AVENUE, SUITE 1200, TAMPA FL 33602 |
Richard Trueblood | officer: CFO | 10812 BULLRUSH TERRACE, LAKEWOOD RANCH FL 34202 |
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