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Avery Dennison Corp (NYSE:AVY)
Cash from Financing
$-360 Mil (TTM As of Jun. 2015)

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 Jun. 2015, Avery Dennison Corp paid $28 Mil more to buy back shares than it received from issuing new shares. It spent $85 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $34 Mil paying cash dividends to shareholders. It received $50 Mil on other financial activities. In all, Avery Dennison Corp spent $97 Mil on financial activities for the three months ended in Jun. 2015.


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.

Avery Dennison Corp's Cash from Financing for the fiscal year that ended in Dec. 2014 is calculated as:

Cash from Financing(A: Dec. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-355.5+124.9+0+-125.1+32.2
=-324

Avery Dennison Corp's Cash from Financing for the quarter that ended in Jun. 2015 is

Cash from Financing(Q: Jun. 2015 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-27.7+-85.3+0+-33.9+49.7
=-97

Avery Dennison Corp Cash Flow from Financing for the trailing twelve months (TTM) ended in Jun. 2015 was -180.9 (Sep. 2014 ) + -88.2 (Dec. 2014 ) + 6 (Mar. 2015 ) + -97.2 (Jun. 2015 ) = $-360 Mil.

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

Avery Dennison Corp's net issuance of stock for the three months ended in Jun. 2015 was $-28 Mil. Avery Dennison Corp paid $28 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.

Avery Dennison Corp's net issuance of debt for the three months ended in Jun. 2015 was $-85 Mil. Avery Dennison Corp spent $85 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.

Avery Dennison Corp's net issuance of preferred for the three months ended in Jun. 2015 was $0 Mil. Avery Dennison Corp 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.

Avery Dennison Corp's cash flow for dividends for the three months ended in Jun. 2015 was $-34 Mil. Avery Dennison Corp spent $34 Mil paying cash dividends to shareholders.

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

Avery Dennison Corp's other financing for the three months ended in Jun. 2015 was $50 Mil. Avery Dennison Corp received $50 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 own currency.

Avery Dennison Corp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Net Issuance of Stock -30-104-25-100-109-14-235-284-356
Net Issuance of Debt -80-1401,259-41-301-190-14841-187125
Net Issuance of Preferred 0000000000
Dividends -169-172-172-175-135-89-107-110-112-125
Other Financing 1918-7173-4-473632
Cash from Financing -260-3981,055-209-433-392-272-298-546-324

Avery Dennison Corp Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
Net Issuance of Stock -62-87-75-60-59-94-94-108-34-28
Net Issuance of Debt 13537-322-389054-594064-85
Net Issuance of Preferred 0000000000
Dividends -27-29-28-28-28-33-33-32-32-34
Other Financing 2047596512850
Cash from Financing 66-75-418-12012-67-181-886-97
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