Switch to:
Frontline Ltd (OSTO:FROo)
Cash from Financing
Kr-199 Mil (TTM As of Sep. 2014)

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 Sep. 2014, Frontline Ltd received Kr34 Mil more from issuing new shares than it paid to buy back shares. It received Kr164 Mil from issuing more debt. It paid Kr0 Mil more to buy back preferred shares than it received from issuing preferred shares. It received Kr0 Mil from paying cash dividends to shareholders. It spent Kr73 Mil on other financial activities. In all, Frontline Ltd earned Kr125 Mil on financial activities for the three months ended in Sep. 2014.


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.

Frontline Ltd'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
=29.4601226994+-26.9018404908+0+0+-336.582822086
=-334

Frontline Ltd's Cash from Financing for the quarter that ended in Sep. 2014 is

Cash from Financing(Q: Sep. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=33.6369426752+164.439490446+0+0+-73.1146496815
=125

Frontline Ltd Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2014 was -137.355828221 (Dec. 2013 ) + 89.4371257485 (Mar. 2014 ) + -276.072727273 (Jun. 2014 ) + 124.961783439 (Sep. 2014 ) = Kr-199 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.

Frontline Ltd's net issuance of stock for the three months ended in Sep. 2014 was Kr34 Mil. Frontline Ltd received Kr34 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.

Frontline Ltd's net issuance of debt for the three months ended in Sep. 2014 was Kr164 Mil. Frontline Ltd received Kr164 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.

Frontline Ltd's net issuance of preferred for the three months ended in Sep. 2014 was Kr0 Mil. Frontline Ltd paid Kr0 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.

Frontline Ltd's cash flow for dividends for the three months ended in Sep. 2014 was Kr0 Mil. Frontline Ltd received Kr0 Mil from paying cash dividends to shareholders.

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

Frontline Ltd's other financing for the three months ended in Sep. 2014 was Kr-73 Mil. Frontline Ltd spent Kr73 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.

Frontline Ltd Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Net Issuance of Stock 00001,455000029
Net Issuance of Debt 000-9321,790-1,5471,168-2,832-500-27
Net Issuance of Preferred 0000000000
Dividends -6,370-6,105-4,040-3,604-4,489-405-932-10100
Other Financing -3971,90456700-0-0-03-337
Cash from Financing -6,767-4,201-3,473-4,537-1,243-1,952235-2,933-497-334

Frontline Ltd Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Net Issuance of Stock 400045202434334
Net Issuance of Debt 60-56-139-10759-36-16-153-181164
Net Issuance of Preferred 0000000000
Dividends 0000000000
Other Financing -76-753-12-24-76-141-0-139-73
Cash from Financing -12-131-136-11938-107-13789-276125
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)
Free 7-day Trial
FEEDBACK