Switch to:
Enbridge Energy Partners LP (NYSE:EEP)
Cash from Financing
$2,484 Mil (TTM As of Sep. 2014)

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. 2014, Enbridge Energy Partners LP paid $0 Mil more to buy back shares than it received from issuing new shares. It received $317 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $145 Mil paying cash dividends to shareholders. It received $389 Mil on other financial activities. In all, Enbridge Energy Partners LP earned $561 Mil on financial activities for the three months ended in Sep. 2014.


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.

Enbridge Energy Partners LP's Cash from Financing for the fiscal year that ended in Dec. 2013 is calculated as:

Cash from Financing(A: Dec. 2013 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=1718.5+-724.9+0+-762.7+1136.5
=1,367

Enbridge Energy Partners LP's Cash from Financing for the quarter that ended in Sep. 2014 is

Cash from Financing(Q: Sep. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=0+316.9+0+-144.8+389.2
=561

Enbridge Energy Partners LP Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2014 was 810.1 (Dec. 2013 ) + 394.1 (Mar. 2014 ) + 718.4 (Jun. 2014 ) + 561.3 (Sep. 2014 ) = $2,484 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.

Enbridge Energy Partners LP's net issuance of stock for the three months ended in Sep. 2014 was $0 Mil. Enbridge Energy Partners LP 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.

Enbridge Energy Partners LP's net issuance of debt for the three months ended in Sep. 2014 was $317 Mil. Enbridge Energy Partners LP received $317 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.

Enbridge Energy Partners LP's net issuance of preferred for the three months ended in Sep. 2014 was $0 Mil. Enbridge Energy Partners LP 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.

Enbridge Energy Partners LP's cash flow for dividends for the three months ended in Sep. 2014 was $-145 Mil. Enbridge Energy Partners LP spent $145 Mil paying cash dividends to shareholders.

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

Enbridge Energy Partners LP's other financing for the three months ended in Sep. 2014 was $389 Mil. Enbridge Energy Partners LP received $389 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.

Enbridge Energy Partners LP Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Net Issuance of Stock 19426951062973214158814571,719
Net Issuance of Debt 1841243587847303171,05795785-725
Net Issuance of Preferred 0000000000
Dividends -19100-245-287-395-520-642-720-763
Other Financing 0-211-22700326100-23391,137
Cash from Financing 1881826401,1681,1742491,0513318611,367

Enbridge Energy Partners LP Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Net Issuance of Stock 045612791,200241-1000
Net Issuance of Debt 351-110500140-1,071-16222305594317
Net Issuance of Preferred 0000000000
Dividends -144-212-189-14-368-149-232-16-383-145
Other Financing -7118229-159309166821105508389
Cash from Financing 20025254024670242810394718561
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)
Free 7-day Trial
FEEDBACK