Switch to:
GuruFocus has detected 2 Warning Signs with JC Penney Co Inc $JCP.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
JC Penney Co Inc (NYSE:JCP)
Cash Flow from Financing
$-31 Mil (TTM As of Jan. 2017)

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 Jan. 2017, JC Penney Co Inc paid $0 Mil more to buy back shares than it received from issuing new shares. It spent $172 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 $208 Mil on other financial activities. In all, JC Penney Co Inc earned $36 Mil on financial activities for the three months ended in Jan. 2017.


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.

JC Penney Co Inc's Cash from Financing for the fiscal year that ended in Jan. 2017 is calculated as:

JC Penney Co Inc's Cash from Financing for the quarter that ended in Jan. 2017 is

JC Penney Co Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Jan. 2017 was -80 (Apr. 2016 ) + -56 (Jul. 2016 ) + 69 (Oct. 2016 ) + 36 (Jan. 2017 ) = $-31 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.

JC Penney Co Inc's net issuance of stock for the three months ended in Jan. 2017 was $0 Mil. JC Penney Co Inc 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.

JC Penney Co Inc's net issuance of debt for the three months ended in Jan. 2017 was $-172 Mil. JC Penney Co Inc spent $172 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.

JC Penney Co Inc's net issuance of preferred for the three months ended in Jan. 2017 was $0 Mil. JC Penney Co 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.

JC Penney Co Inc's cash flow for dividends for the three months ended in Jan. 2017 was $0 Mil. JC Penney Co Inc received $0 Mil from paying cash dividends to shareholders.

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

JC Penney Co Inc's other financing for the three months ended in Jan. 2017 was $208 Mil. JC Penney Co Inc received $208 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.

JC Penney Co Inc Annual Data

Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16Jan17
Net Issuance of Stock -355000-9000786000
Net Issuance of Debt 234-203-113-3010-2302,574-169-520-161
Net Issuance of Preferred 0000000000
Dividends -174-178-183-189-178-860000
Other Financing 91-31-61342-172-125-42130
Cash from Financing -286-380-327-496-1,065-2743,188-294-562-31

JC Penney Co Inc Quarterly Data

Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17
Net Issuance of Stock 0000000000
Net Issuance of Debt -1-7-11-7-7-500-76073-172
Net Issuance of Preferred 0000000000
Dividends 0000000000
Other Financing -38-8-2-18-4-13-40-4208
Cash from Financing -39-15-13-25-11-513-80-566936
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)
FEEDBACK