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HRG Group Inc (NYSE:HRG)
Cash from Financing
$149 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, HRG Group Inc paid $2 Mil more to buy back shares than it received from issuing new shares. It spent $200 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It received $0 Mil from paying cash dividends to shareholders. It received $127 Mil on other financial activities. In all, HRG Group Inc spent $75 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.

HRG Group Inc's Cash from Financing for the fiscal year that ended in Sep. 2016 is calculated as:

Cash from Financing(A: Sep. 2016 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-52.1+-605.8+0+0+806.6
=149

HRG Group Inc'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
=-2+-199.9+0+0+127.3
=-75

HRG Group Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2016 was -7.3 (Dec. 2015 ) + 117.8 (Mar. 2016 ) + 112.8 (Jun. 2016 ) + -74.6 (Sep. 2016 ) = $149 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.

HRG Group Inc's net issuance of stock for the three months ended in Sep. 2016 was $-2 Mil. HRG Group Inc paid $2 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.

HRG Group Inc's net issuance of debt for the three months ended in Sep. 2016 was $-200 Mil. HRG Group Inc spent $200 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.

HRG Group Inc's net issuance of preferred for the three months ended in Sep. 2016 was $0 Mil. HRG Group 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.

HRG Group Inc's cash flow for dividends for the three months ended in Sep. 2016 was $0 Mil. HRG Group Inc received $0 Mil from paying cash dividends to shareholders.

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

HRG Group Inc's other financing for the three months ended in Sep. 2016 was $127 Mil. HRG Group Inc received $127 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.

HRG Group Inc Annual Data

Dec07Dec08Dec09Dec10Sep11Sep12Sep13Sep14Sep15Sep16
Net Issuance of Stock 00000-85-89-75209-52
Net Issuance of Debt 000345268-72,536162655-606
Net Issuance of Preferred 000038600000
Dividends 00000-32-33-2900
Other Financing 000-372-46221-491607867807
Cash from Financing 000-27192-1031,9226661,731149

HRG Group Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
Net Issuance of Stock -15-227-47-7276-13-500-1-2
Net Issuance of Debt -94-10443040644-459-25-94-288-200
Net Issuance of Preferred 0000000000
Dividends -4-800000000
Other Financing -152514701959410867212401127
Cash from Financing -128-898532281,014-364-7118113-75
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