Switch to:
Cenovus Energy Inc (NYSE:CVE)
Cash Flow from Operations
$1,052 Mil (TTM As of Mar. 2016)

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

For the three months ended in Mar. 2016, Cenovus Energy Inc's Net Income From Continuing Operations was $-89 Mil. Its DDA was $410 Mil. Its Change In Working Capital was $118 Mil. Its cash flow from deferred tax was $-144 Mil. Its Cash Flow from Discontinued Operations was $0 Mil. Its Stock Based Compensation was $0 Mil. And its Cash Flow from Others was $-157 Mil. In all, Cenovus Energy Inc's Cash Flow from Operations for the three months ended in Mar. 2016 was $138 Mil.


Definition

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

Cenovus Energy Inc's Cash Flow from Operations for the fiscal year that ended in Dec. 2015 is calculated as:

Cash Flow from Operations(A: Dec. 2015 )
=Net Income From Continuing Operations+DDA+Change In Working Capital+Deferred Tax
=450.667250055+1541.6028586+-158.244002042+-477.648946255
+Cash Flow from Discontinued Operations+Stock Based Compensation+Cash Flow from Others
+0+0+-281.484722526
=1,075

Cenovus Energy Inc's Cash Flow from Operations for the quarter that ended in Mar. 2016 is

Cash Flow from Operations(Q: Mar. 2016 )
=Net Income From Continuing Operations+DDA+Change In Working Capital+Deferred Tax
=-89.2182065628+409.798880992+117.949493422+-143.656434296
+Cash Flow from Discontinued Operations+Stock Based Compensation+Cash Flow from Others
+0+0+-157.265991229
=138

Cenovus Energy Inc Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2016 was 270.926000809 (Jun. 2015 ) + 408.563244384 (Sep. 2015 ) + 234.813680449 (Dec. 2015 ) + 137.607742326 (Mar. 2016 ) = $1,052 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Cash flow from operations contains six items:

1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Cenovus Energy Inc's net income from continuing operations for the three months ended in Mar. 2016 was $-89 Mil.

2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
• The term “depreciation” is used when discussing man made tangible assets
• The term “depletion” is used when discussing natural tangible assets
• The term “amortization” is used when discussing intangible assets

Cenovus Energy Inc's depreciation, depletion and amortization for the three months ended in Mar. 2016 was $410 Mil.

3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.

Cenovus Energy Inc's change in working capital for the three months ended in Mar. 2016 was $118 Mil. It means Cenovus Energy Inc's working capital increased by $118 Mil from Dec. 2015 to Mar. 2016 .

4. Deferred Tax:
It is the cash flow generated from deferred tax.

Cenovus Energy Inc's cash flow from deferred tax for the three months ended in Mar. 2016 was $-144 Mil.

5. Cash Flow from Discontinued Operations:
Cash received by a company that comes from the sale of part of business.

Cenovus Energy Inc's cash flow from discontinued operations for the three months ended in Mar. 2016 was $0 Mil.

6. Stock Based Compensation:
It is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.

Cenovus Energy Inc's stock based compensation for the three months ended in Mar. 2016 was $0 Mil.

7. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).

Cenovus Energy Inc's cash flow from others for the three months ended in Mar. 2016 was $-157 Mil.


Related Terms

Net Income From Continuing Operations, Depreciation, Depletion and Amortization, Change In Working Capital, Cash Flow from Discontinued Operations, Stock Based Compensation, Cash Flow from Others, Cash Flow from Investing


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Cenovus Energy Inc Annual Data

Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
NetIncomeFromContinuingOperations 002,3357761,0721,4431,005622645451
CF_DDA 001,3001,4491,2921,2651,6011,7231,6871,542
ChangeInWorkingCapital 00-308184178-3-225-6641-158
CF_DeferredTax 00380-560140562479229311-478
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 0000000000
Cash Flow from Others 00-1,0571,034-111-70595818373-281
Cash Flow from Operations 002,6502,8832,5703,1963,4553,3263,0581,075

Cenovus Energy Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
NetIncomeFromContinuingOperations -55222568321-409-5291021,358-467-89
CF_DDA 440409449431460395391357481410
ChangeInWorkingCapital 133-402-7497405-174-1157434118
CF_DeferredTax 3132199131-32-21-211-172-101-144
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 0000000000
Cash Flow from Others 368150-11811329548104-1,208289-157
Cash Flow from Operations 9174111,024992753218271409235138
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK