Cash flow from Investing Activities focuses on the flow of cash in and out of the company as a result of changes in the company's long-term assets (tangible assets and investments). Generally speaking, cash flow from investing activities will be negative as the company replaces old equipment and as it carries out its capital expenditure program. In a few cases, cash flow from investing activities will be positive as the company experience significant cash inflow from the sale of fixed assets and other investing activities.