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Airgas Inc (NYSE:ARG)
Cash from Financing
$-208 Mil (TTM As of Mar. 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 Mar. 2016, Airgas Inc received $5 Mil more from issuing new shares than it paid to buy back shares. It spent $117 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $44 Mil paying cash dividends to shareholders. It received $18 Mil on other financial activities. In all, Airgas Inc spent $138 Mil on financial activities for the three months ended in Mar. 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.

Airgas Inc's Cash from Financing for the fiscal year that ended in Mar. 2016 is calculated as:

Cash from Financing(A: Mar. 2016 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-355.091+262.001+0+-175.384+60.15
=-208

Airgas Inc's Cash from Financing for the quarter that ended in Mar. 2016 is

Cash from Financing(Q: Mar. 2016 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=5.322+-117.368+0+-43.543+18.011
=-138

Airgas Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2016 was -26.428 (Jun. 2015 ) + 18.815 (Sep. 2015 ) + -63.133 (Dec. 2015 ) + -137.578 (Mar. 2016 ) = $-208 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.

Airgas Inc's net issuance of stock for the three months ended in Mar. 2016 was $5 Mil. Airgas Inc received $5 Mil more from issuing new shares than it paid to buy back 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.

Airgas Inc's net issuance of debt for the three months ended in Mar. 2016 was $-117 Mil. Airgas Inc spent $117 Mil paying down its 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.

Airgas Inc's net issuance of preferred for the three months ended in Mar. 2016 was $0 Mil. Airgas Inc 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.

Airgas Inc's cash flow for dividends for the three months ended in Mar. 2016 was $-44 Mil. Airgas Inc spent $44 Mil paying cash dividends to shareholders.

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

Airgas Inc's other financing for the three months ended in Mar. 2016 was $18 Mil. Airgas Inc received $18 Mil on other financial activities.


Related Terms

Cash Flow from Operations, Cash Flow from Investing, Net Issuance of Stock, Net Issuance of Debt, Dividends, Net Issuance of Preferred


Historical Data

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

Airgas Inc Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
Net Issuance of Stock 2717-10415-285-285-575918-355
Net Issuance of Debt 583208162-263347306453-113-161262
Net Issuance of Preferred 0000000000
Dividends -22-32-46-63-84-95-122-141-165-175
Other Financing 81319321957128286860
Cash from Financing 59620731-278-3-17-116-218-240-208

Airgas Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
Net Issuance of Stock 445445-99-26655
Net Issuance of Debt 55-53-39-17-9-96107326-53-117
Net Issuance of Preferred 0000000000
Dividends -35-36-41-41-41-41-45-44-43-44
Other Financing 2181499361132918
Cash from Financing 26-67-62-45-37-96-2619-63-138
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