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Allegiant Travel Co (NAS:ALGT)
Cash from Financing
\$-70 Mil (TTM As of Sep. 2016)

Cash from financing is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders.

For the three months ended in Sep. 2016, Allegiant Travel Co paid \$0 Mil more to buy back shares than it received from issuing new shares. It received \$68 Mil from issuing more debt. It paid \$0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent \$12 Mil paying cash dividends to shareholders. It spent \$0 Mil on other financial activities. In all, Allegiant Travel Co earned \$56 Mil on financial activities for the three months ended in Sep. 2016.

Definition

This is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders. In the calculation of free cash flow, cash from financing is not calculated because it is not related to operating activities.

Allegiant Travel Co's Cash from Financing for the fiscal year that ended in Dec. 2015 is calculated as:

 Cash from Financing (A: Dec. 2015 ) = Net Issuance of Stock + Net Issuance of Debt + Net Issuance of Preferred + Dividends + Other Financing = -129.455 + 53.07 + 0 + -62.439 + 5.177 = -134

Allegiant Travel Co's Cash from Financing for the quarter that ended in Sep. 2016 is

 Cash from Financing (Q: Sep. 2016 ) = Net Issuance of Stock + Net Issuance of Debt + Net Issuance of Preferred + Dividends + Other Financing = -0.044 + 68.142 + 0 + -11.54 + -0.451 = 56

Allegiant Travel Co Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2016 was -8 (Dec. 2015 ) + -79.328 (Mar. 2016 ) + -39.263 (Jun. 2016 ) + 56.107 (Sep. 2016 ) = \$-70 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Explanation

Cash from financing contains five items:

1. Net Issuance of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. If this number is positive, it means that the company has received more cash from issuing shares than it has paid to buy back shares. If this number is negative, it means that company has paid more cash to buy back shares than it has received for issuing shares.

Allegiant Travel Co's net issuance of stock for the three months ended in Sep. 2016 was \$-0 Mil. Allegiant Travel Co paid \$0 Mil more to buy back shares than it received from issuing new shares.

2. Net Issuance of Debt:
Net issuance of debt is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive.

Allegiant Travel Co's net issuance of debt for the three months ended in Sep. 2016 was \$68 Mil. Allegiant Travel Co received \$68 Mil from issuing more debt.

3. Net Issuance of Preferred:
A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.

Allegiant Travel Co's net issuance of preferred for the three months ended in Sep. 2016 was \$0 Mil. Allegiant Travel Co paid \$0 Mil more to buy back preferred shares than it received from issuing preferred shares.

4. Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.

Allegiant Travel Co's cash flow for dividends for the three months ended in Sep. 2016 was \$-12 Mil. Allegiant Travel Co spent \$12 Mil paying cash dividends to shareholders.

5. Other Financing:
Money spent or earned by company from other financial activities.

Allegiant Travel Co's other financing for the three months ended in Sep. 2016 was \$-0 Mil. Allegiant Travel Co spent \$0 Mil on other financial activities.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Allegiant Travel Co Annual Data

 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Net Issuance of Stock 93 22 -17 -25 -54 -2 -5 -84 -139 -129 Net Issuance of Debt 0 -16 -4 -19 -18 118 5 83 217 53 Net Issuance of Preferred 0 0 0 0 0 0 0 0 0 0 Dividends -3 0 0 0 -15 0 -39 0 -42 -62 Other Financing -14 3 3 3 5 -0 10 4 2 5 Cash from Financing 76 9 -18 -41 -82 116 -29 4 37 -134

Allegiant Travel Co Quarterly Data

 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Net Issuance of Stock -0 -56 -10 -55 -28 -38 -8 -56 -8 -0 Net Issuance of Debt 248 -13 -13 24 10 12 7 9 -21 68 Net Issuance of Preferred 0 0 0 0 0 0 0 0 0 0 Dividends 0 0 0 -48 -4 -5 -5 -33 -12 -12 Other Financing -4 4 -2 0 0 6 -1 -0 1 -0 Cash from Financing 244 -65 -25 -79 -21 -26 -8 -79 -39 56
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