Switch to:
Annaly Capital Management Inc (NYSE:NLY)
Cash from Financing
$-2,306 Mil (TTM As of Mar. 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 Mar. 2016, Annaly Capital Management Inc paid $103 Mil more to buy back shares than it received from issuing new shares. It received $1,285 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $299 Mil paying cash dividends to shareholders. It received $560 Mil on other financial activities. In all, Annaly Capital Management Inc earned $1,444 Mil on financial activities for the three months ended in Mar. 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.

Annaly Capital Management Inc's Cash from Financing for the fiscal year that ended in Dec. 2014 is calculated as:

Cash from Financing(A: Dec. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=0+387.978+0+-1208.984+3684.223
=2,863

Annaly Capital Management Inc's Cash from Financing for the quarter that ended in Mar. 2016 is

Cash from Financing(Q: Mar. 2016 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-102.712+1284.68+0+-298.771+560.376
=1,444

Annaly Capital Management Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2016 was -2841.939 (Jun. 2015 ) + -2080.724 (Sep. 2015 ) + 1173.253 (Dec. 2015 ) + 1443.573 (Mar. 2016 ) = $-2,306 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.

Annaly Capital Management Inc's net issuance of stock for the three months ended in Mar. 2016 was $-103 Mil. Annaly Capital Management Inc paid $103 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.

Annaly Capital Management Inc's net issuance of debt for the three months ended in Mar. 2016 was $1,285 Mil. Annaly Capital Management Inc received $1,285 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.

Annaly Capital Management Inc's net issuance of preferred for the three months ended in Mar. 2016 was $0 Mil. Annaly Capital Management 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.

Annaly Capital Management Inc's cash flow for dividends for the three months ended in Mar. 2016 was $-299 Mil. Annaly Capital Management Inc spent $299 Mil paying cash dividends to shareholders.

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

Annaly Capital Management Inc's other financing for the three months ended in Mar. 2016 was $560 Mil. Annaly Capital Management Inc received $560 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.

Annaly Capital Management Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Net Issuance of Stock 9352,4862,15001,0475,352-256-1410-114
Net Issuance of Debt 13,93818,5336280582011003881,631
Net Issuance of Preferred 11100000736000
Dividends -96-264-975-1,269-1,599-2,041-2,150-1,641-1,209-1,209
Other Financing 16196164-1,6151,73120,10112,235-22,9373,684-8,781
Cash from Financing 14,90520,9511,968-2,8841,76123,41110,675-24,7192,863-8,474

Annaly Capital Management Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
Net Issuance of Stock 000000000-103
Net Issuance of Debt 026111121041,123365-261701,285
Net Issuance of Preferred 0000000000
Dividends -350-302-302-302-302-302-302-302-302-299
Other Financing -103-2,2884,333834805-5,545-2,904-1,7521,306560
Cash from Financing -453-2,3294,042544607-4,724-2,842-2,0811,1731,444
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