Switch to:
Novagold Resources Inc (AMEX:NG)
Cash from Financing
\$0.00 Mil (TTM As of Aug. 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 Aug. 2016, Novagold Resources Inc paid \$0.00 Mil more to buy back shares than it received from issuing new shares. It received \$0.00 Mil from issuing more debt. It paid \$0.00 Mil more to buy back preferred shares than it received from issuing preferred shares. It received \$0.00 Mil from paying cash dividends to shareholders. It received \$0.00 Mil on other financial activities. In all, Novagold Resources Inc spent \$0.00 Mil on financial activities for the three months ended in Aug. 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.

Novagold Resources Inc's Cash from Financing for the fiscal year that ended in Nov. 2014 is calculated as:

 Cash from Financing (A: Nov. 2014 ) = Net Issuance of Stock + Net Issuance of Debt + Net Issuance of Preferred + Dividends + Other Financing = 0 + 0 + 0 + 0 + 0 = 0.00

Novagold Resources Inc's Cash from Financing for the quarter that ended in Aug. 2016 is

 Cash from Financing (Q: Aug. 2016 ) = Net Issuance of Stock + Net Issuance of Debt + Net Issuance of Preferred + Dividends + Other Financing = 0 + 0 + 0 + 0 + 0 = 0.00

Novagold Resources Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Aug. 2016 was 0 (Nov. 2015 ) + 0 (Feb. 2016 ) + 0 (May. 2016 ) + 0 (Aug. 2016 ) = \$0.00 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.

Novagold Resources Inc's net issuance of stock for the three months ended in Aug. 2016 was \$0.00 Mil. Novagold Resources Inc paid \$0.00 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.

Novagold Resources Inc's net issuance of debt for the three months ended in Aug. 2016 was \$0.00 Mil. Novagold Resources Inc received \$0.00 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.

Novagold Resources Inc's net issuance of preferred for the three months ended in Aug. 2016 was \$0.00 Mil. Novagold Resources Inc paid \$0.00 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.

Novagold Resources Inc's cash flow for dividends for the three months ended in Aug. 2016 was \$0.00 Mil. Novagold Resources Inc received \$0.00 Mil from paying cash dividends to shareholders.

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

Novagold Resources Inc's other financing for the three months ended in Aug. 2016 was \$0.00 Mil. Novagold Resources Inc received \$0.00 Mil on other financial activities.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Novagold Resources Inc Annual Data

 Nov06 Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Net Issuance of Stock 171.99 223.35 0.34 88.82 175.57 0.60 318.54 54.36 0.00 0.00 Net Issuance of Debt 0.00 0.00 90.59 0.00 0.00 -22.91 0.00 -79.17 0.00 -15.83 Net Issuance of Preferred 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Dividends 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Other Financing 0.00 264.17 68.54 22.19 16.32 39.35 -34.84 0.00 0.00 0.00 Cash from Financing 171.99 487.52 159.47 111.01 191.90 17.03 283.70 -24.81 0.00 -15.83

Novagold Resources Inc Quarterly Data

 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Net Issuance of Stock 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Net Issuance of Debt 0.00 0.00 0.00 0.00 -15.83 0.00 0.00 0.00 0.00 0.00 Net Issuance of Preferred 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Dividends 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Other Financing 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash from Financing 0.00 0.00 0.00 0.00 -15.83 0.00 0.00 0.00 0.00 0.00
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)