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GuruFocus has detected 4 Warning Signs with LVMH Moet Hennessy Louis Vuitton SE $LVMUY.
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LVMH Moet Hennessy Louis Vuitton SE (OTCPK:LVMUY)
Cash Flow from Financing
$-4,112 Mil (TTM As of Dec. 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 six months ended in Dec. 2016, LVMH Moet Hennessy Louis Vuitton SE received $114 Mil more from issuing new shares than it paid to buy back shares. It spent $2,200 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $1,024 Mil paying cash dividends to shareholders. It received $85 Mil on other financial activities. In all, LVMH Moet Hennessy Louis Vuitton SE spent $3,025 Mil on financial activities for the six months ended in Dec. 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.

LVMH Moet Hennessy Louis Vuitton SE's Cash from Financing for the fiscal year that ended in Dec. 2016 is calculated as:

Cash from Financing(A: Dec. 2016 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=110.759493671+-1659.28270042+0+-2190.92827004+-372.362869198
=-4,112

LVMH Moet Hennessy Louis Vuitton SE's Cash from Financing for the quarter that ended in Dec. 2016 is

Cash from Financing(Q: Dec. 2016 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=113.924050633+-2200.42194093+0+-1024.26160338+85.4430379747
=-3,025

For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. LVMH Moet Hennessy Louis Vuitton SE Cash Flow from Financing for the trailing twelve months (TTM) ended in Dec. 2016 was $-4,112 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.

LVMH Moet Hennessy Louis Vuitton SE's net issuance of stock for the six months ended in Dec. 2016 was $114 Mil. LVMH Moet Hennessy Louis Vuitton SE received $114 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.

LVMH Moet Hennessy Louis Vuitton SE's net issuance of debt for the six months ended in Dec. 2016 was $-2,200 Mil. LVMH Moet Hennessy Louis Vuitton SE spent $2,200 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.

LVMH Moet Hennessy Louis Vuitton SE's net issuance of preferred for the six months ended in Dec. 2016 was $0 Mil. LVMH Moet Hennessy Louis Vuitton SE 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.

LVMH Moet Hennessy Louis Vuitton SE's cash flow for dividends for the six months ended in Dec. 2016 was $-1,024 Mil. LVMH Moet Hennessy Louis Vuitton SE spent $1,024 Mil paying cash dividends to shareholders.

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

LVMH Moet Hennessy Louis Vuitton SE's other financing for the six months ended in Dec. 2016 was $85 Mil. LVMH Moet Hennessy Louis Vuitton SE received $85 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.

LVMH Moet Hennessy Louis Vuitton SE Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Net Issuance of Stock 20-1869336512613110076126111
Net Issuance of Debt 445-64481-9602,176-6122,637380-1,562-1,659
Net Issuance of Preferred 0000000000
Dividends -999-1,024-1,105-1,261-1,407-2,311-2,358-2,411-2,069-2,191
Other Financing -630-312229-496-2,096-444-255-216-339-372
Cash from Financing -1,163-1,586-302-2,352-1,200-3,235125-2,170-3,843-4,112

LVMH Moet Hennessy Louis Vuitton SE Semi-Annual Data

Jun12Dec12Jun13Dec13Jun14Dec14Jun15Dec15Jun16Dec16
Net Issuance of Stock 48812871641820107-3114
Net Issuance of Debt 1,100-1,7626082,005-76449-723-861576-2,200
Net Issuance of Preferred 0000000000
Dividends -1,127-1,133-1,189-1,123-1,293-1,237-1,113-988-1,243-1,024
Other Financing -349-79-33290-34092-776414-48885
Cash from Financing -327-2,892-8851,044-1,645-677-2,591-1,328-1,157-3,025
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