Where is the best place to look to determine how much the company spent to purchase long-term assets in the current year?

General
1

where is the best place to look to determine how much the company spent to purchase long-term assets in the current year?

2

To determine how much a company has spent to purchase long-term assets in the current year, there are several sources you can look into. Here are some of the best places to find this information:

  1. Financial Statements: The company’s financial statements, especially the balance sheet and the statement of cash flows, provide valuable information about the company’s long-term asset purchases. The balance sheet will show the value of long-term assets owned by the company, while the statement of cash flows will indicate any cash outflows related to the purchase of long-term assets.

  2. Notes to the Financial Statements: Companies often provide additional details and explanations in the notes to their financial statements. These notes may disclose significant long-term asset purchases made in the current year, along with any relevant financing arrangements or commitments.

  3. Management Discussion and Analysis (MD&A): Publicly-traded companies are required to provide MD&A sections in their annual reports or quarterly filings. In the MD&A, management discusses the company’s financial performance, including any significant purchases or investments in long-term assets. This section can provide valuable insights into the company’s strategies and capital expenditures.

  4. SEC Filings: Companies in the United States are required to file periodic reports with the Securities and Exchange Commission (SEC). These filings, such as the annual Form 10-K and quarterly Form 10-Q, contain detailed financial information, including information about long-term asset purchases. Specifically, look for the sections that discuss capital expenditures or changes in property, plant, and equipment.

  5. Press Releases or Investor Presentations: Companies often announce significant long-term asset purchases through press releases or investor presentations. These announcements can provide real-time updates about major acquisitions or investments made by the company during the current year.

Remember that the availability and accessibility of this information may vary depending on the company and its reporting practices. It’s always a good idea to consult multiple sources and to consider seeking expert advice, such as from a financial analyst or accountant, to gain a comprehensive understanding of a company’s long-term asset purchases.