Purchase Of Long Term Investments (Historical)
Returns the cash used for purchasing long-term investments for a company. This represents outflows for acquiring equity stakes, long-term bonds, and other non-current investment securities.
Understanding the Metric
Long-term investment purchases include:
- Strategic equity stakes in other companies
- Long-term bond purchases
- Joint venture investments
- Minority interest acquisitions
Negative values indicate cash used for investment purchases (outflow). This is a common use of investing cash flow for companies with excess capital.
Parameters
| Parameter | Description |
|---|---|
| Symbol | Stock ticker (e.g., AAPL, MSFT) |
| Year | Fiscal year or period code (lq, ly, lq-1, ly-1, lt, lt-1) |
| Quarter | Optional: 1, 2, 3, or 4 (default: 1) |
| TTM | Optional: "TTM" for trailing twelve months |
Period Codes
| Code | Meaning |
|---|---|
| lq | Last reported quarter |
| lq-1 | Quarter before last |
| ly | Last fiscal year |
| ly-1 | Year before last |
| lt | Last trailing twelve months |
| lt-1 | Prior trailing twelve months |
Examples
=hf_Purchase_of_long_term_investments("BRK-B", 2023, 4)=hf_Purchase_of_long_term_investments("AAPL", "ly")=hf_Purchase_of_long_term_investments("GOOGL", 2023, , "TTM")=hf_Purchase_of_long_term_investments(A1, B1, C1)=hf_Purchase_of_long_term_investments("MSFT", "lq")When to Use
- Analyzing strategic investment activity
- Understanding capital allocation decisions
- Evaluating investment portfolio growth
- Calculating net investment cash flow
- Assessing M&A and investment strategy
When NOT to Use
| Scenario | Use Instead |
|---|---|
| Need short-term investment purchases | hf_Purchase_of_short_term_investments() |
| Need long-term investment sales | hf_Sale_of_long_term_investments() |
| Need capital expenditures | hf_Capital_Expenditures() |
| Need acquisition spending | Check acquisition-specific functions |
Common Issues & FAQ
Q: Why is the value negative? A: Purchases represent cash outflows, so they're shown as negative numbers in the cash flow statement. A larger negative number means more cash was spent on investments.
Q: What's the difference between this and acquisitions? A: This captures portfolio investments (partial stakes), while acquisitions of entire businesses may be reported separately. Check company disclosures for acquisition-specific details.
Q: How do I calculate net investment activity?
A: Net = hf_Sale_of_long_term_investments() + hf_Purchase_of_long_term_investments(). The purchase is typically negative, so this gives net cash flow from long-term investment activity.
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