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GuruFocus has detected 5 Warning Signs with Eversource Energy $NU.
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Eversource Energy (NYSE:NU)
Cash Flow from Financing
$-18 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 three months ended in Dec. 2016, Eversource Energy paid $0 Mil more to buy back shares than it received from issuing new shares. It received $414 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $143 Mil paying cash dividends to shareholders. It spent $16 Mil on other financial activities. In all, Eversource Energy earned $255 Mil on financial activities for the three 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.

Eversource Energy'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
=0+587.547+0+-572.005+-33.482
=-18

Eversource Energy'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
=0+414+0+-142.895+-16.408
=255

Eversource Energy Cash Flow from Financing for the trailing twelve months (TTM) ended in Dec. 2016 was -48.345 (Mar. 2016 ) + -48.492 (Jun. 2016 ) + -175.8 (Sep. 2016 ) + 254.697 (Dec. 2016 ) = $-18 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.

Eversource Energy's net issuance of stock for the three months ended in Dec. 2016 was $0 Mil. Eversource Energy paid $0 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.

Eversource Energy's net issuance of debt for the three months ended in Dec. 2016 was $414 Mil. Eversource Energy received $414 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.

Eversource Energy's net issuance of preferred for the three months ended in Dec. 2016 was $0 Mil. Eversource Energy 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.

Eversource Energy's cash flow for dividends for the three months ended in Dec. 2016 was $-143 Mil. Eversource Energy spent $143 Mil paying cash dividends to shareholders.

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

Eversource Energy's other financing for the three months ended in Dec. 2016 was $-16 Mil. Eversource Energy spent $16 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.

Eversource Energy Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Net Issuance of Stock 963830000000
Net Issuance of Debt 469808-35547239721353434766588
Net Issuance of Preferred 0000000000
Dividends -121-135-168-186-200-382-470-483-537-572
Other Financing -5-5-101-77-107-16-18-33
Cash from Financing 352673-150-13931346-225-65211-18

Eversource Energy Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Net Issuance of Stock 0000000000
Net Issuance of Debt 1935450848754510998-33414
Net Issuance of Preferred 0000000000
Dividends -121-121-134-134-134-134-143-143-143-143
Other Financing 4-16-11-64-5-14-3-0-16
Cash from Financing -98218-95-57-44406-48-48-176255
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