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Jack Henry & Associates, Inc (NAS:JKHY)
Cash from Financing
$-242 Mil (TTM As of Mar. 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 Mar. 2015, Jack Henry & Associates, Inc received $1 Mil more from issuing new shares than it paid to buy back shares. It spent $1 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $20 Mil paying cash dividends to shareholders. It spent $1 Mil on other financial activities. In all, Jack Henry & Associates, Inc spent $21 Mil on financial activities for the three months ended in Mar. 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.

Jack Henry & Associates, Inc's Cash from Financing for the fiscal year that ended in Mar. 2014 is calculated as:

Cash from Financing(A: Mar. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-107.006+-137.412+0+-69.972+3.685
=-311

Jack Henry & Associates, Inc's Cash from Financing for the quarter that ended in Mar. 2015 is

Cash from Financing(Q: Mar. 2015 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=1.363+-1.364+0+-20.222+-0.965
=-21

Jack Henry & Associates, Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2015 was -136.384 (Jun. 2014 ) + -81.242 (Sep. 2014 ) + -3.302 (Dec. 2014 ) + -21.188 (Mar. 2015 ) = $-242 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.

Jack Henry & Associates, Inc's net issuance of stock for the three months ended in Mar. 2015 was $1 Mil. Jack Henry & Associates, Inc received $1 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.

Jack Henry & Associates, Inc's net issuance of debt for the three months ended in Mar. 2015 was $-1 Mil. Jack Henry & Associates, Inc spent $1 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.

Jack Henry & Associates, Inc's net issuance of preferred for the three months ended in Mar. 2015 was $0 Mil. Jack Henry & Associates, 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.

Jack Henry & Associates, Inc's cash flow for dividends for the three months ended in Mar. 2015 was $-20 Mil. Jack Henry & Associates, Inc spent $20 Mil paying cash dividends to shareholders.

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

Jack Henry & Associates, Inc's other financing for the three months ended in Mar. 2015 was $-1 Mil. Jack Henry & Associates, Inc spent $1 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.

Jack Henry & Associates, Inc Annual Data

Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Jun15
Net Issuance of Stock -2-76-72-85523-31-1070
Net Issuance of Debt 112535-283163-117-34-1370
Net Issuance of Preferred 0000000000
Dividends -17-21-24-26-29-33-37-41-700
Other Financing 624222139-840
Cash from Financing -2-71-57-1370144-143-114-3110

Jack Henry & Associates, Inc Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
Net Issuance of Stock 1-4811-62-112-59-5110
Net Issuance of Debt -6-122-3-11-2-7-066-10
Net Issuance of Preferred 0000000000
Dividends -11-17-17-17-19-18-18-18-200
Other Financing -47-3000-40-10
Cash from Financing -21-180-22-27-82-136-81-3-210
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