How do you interpret operating segments — payments to acquire short term investments?

An increase indicates the company is parking excess cash in liquid assets, while a decrease suggests the liquidation of these assets for operational needs.

U-Haul Holding UHAL.B Operating Segments — Payments To Acquire Short Term Investments

Discontinued — last reported Q1 '18

Similar metrics at other companies

BROperating Segments — Payments To Acquire Productive Assets

$11.2M-3.7%

IROperating Segments — Payments To Acquire Productive Assets

$6.68M-64.1%

HUBBOperating Segments — Payments To Acquire Productive Assets

$19.25M+16.5%

FISOperating Segments — Payments To Acquire Productive Assets

$169M+94.3%

SJMOperating Segments — Payments To Acquire Interest In Subsidiaries

$678.83M+2,393%

CPRTOperating Segments — Payments To Acquire Productive Assets

$77.7M+83.7%

Other financials

Income statement

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Revenue$1.3B+3.1%

Gross profit$1.4B+3.5%

Operating income$33.7M-77.7%

Net income$37.0M-45.0%

EPS (diluted)$0.11-76.7%

Balance sheet

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Cash & equivalents$1.1B+13.3%

Total debt$8.1B+11.5%

Total equity$7.6B+1.5%

Total assets$21.5B+5.0%

Cash flow

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Operating cash flow$404.0M+103%

CapEx$551.7M-6.3%

Free cash flow-$147.7M+62.2%

Valuation

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Market cap$11.82B-26.2%

Enterprise value$18.83B-13.6%

P/S2×-0.8×

Profitability

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Gross margin95.9%-0.1pp

Operating margin8.5%-4.9pp

Net margin7.9%-3.8pp

FCF margin-22.5%-5.8pp

Returns & leverage

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Return on equity6.1%-3.8pp

Debt / equity1.1×+0.1×

Where this comes from

Reported directly by U-Haul Holding in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireShortTermInvestments.

The official record: U-Haul Holding’s 10-Q, filed August 8, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does operating segments — payments to acquire short term investments mean?: The amount of cash used to buy short-term, liquid financial investments.
How do you interpret operating segments — payments to acquire short term investments?: An increase indicates the company is parking excess cash in liquid assets, while a decrease suggests the liquidation of these assets for operational needs.
How does operating segments — payments to acquire short term investments compare across companies?: Common for companies with significant cash reserves; peers report this as 'Purchase of Short-Term Investments'.