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Noble Corporation PLC (NYSE:NE)
Cash from Financing
$615 Mil (TTM As of Dec. 2013)

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 Dec. 2013, Noble Corporation PLC received $1 Mil more from issuing new shares than it paid to buy back shares. It received $248 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $231 Mil paying cash dividends to shareholders. It received $131 Mil on other financial activities. In all, Noble Corporation PLC earned $150 Mil on financial activities for the three months ended in Dec. 2013.


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.

Noble Corporation PLC'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
=-3.392+921.333+0+-300.301+-2.484
=615

Noble Corporation PLC's Cash from Financing for the quarter that ended in Dec. 2013 is

Cash from Financing(Q: Dec. 2013 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=1.419+248.278+0+-230.573+130.735
=150

Noble Corporation PLC Cash Flow from Financing for the trailing twelve months (TTM) ended in Dec. 2013 was 168.186 (Mar. 2013 ) + 353.222 (Jun. 2013 ) + -56.111 (Sep. 2013 ) + 149.859 (Dec. 2013 ) = $615 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.

Noble Corporation PLC's net issuance of stock for the three months ended in Dec. 2013 was $1 Mil. Noble Corporation PLC 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.

Noble Corporation PLC's net issuance of debt for the three months ended in Dec. 2013 was $248 Mil. Noble Corporation PLC received $248 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.

Noble Corporation PLC's net issuance of preferred for the three months ended in Dec. 2013 was $0 Mil. Noble Corporation PLC 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.

Noble Corporation PLC's cash flow for dividends for the three months ended in Dec. 2013 was $-231 Mil. Noble Corporation PLC spent $231 Mil paying cash dividends to shareholders.

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

Noble Corporation PLC's other financing for the three months ended in Dec. 2013 was $131 Mil. Noble Corporation PLC received $131 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.

Noble Corporation PLC Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Net Issuance of Stock 3969-229-157-305-199-218-04-3
Net Issuance of Debt -78626-44890139-1731,2781,329551921
Net Issuance of Preferred 0000000000
Dividends 0-14-22-32-244-48-227-151-138-300
Other Financing 00-073-02950435-2
Cash from Financing -39681-699-91-407-4198621,683452615

Noble Corporation PLC Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
Net Issuance of Stock 11-4441-6101
Net Issuance of Debt 2902603620195-521043231248
Net Issuance of Preferred 0000000000
Dividends -42-36-36360-138-33-13-23-231
Other Financing 455540-77-33105-2-67-65131
Cash from Financing 294280361-37166-38168353-56150
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