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Ryder System Inc (NYSE:R)
Cash from Financing
$699 Mil (TTM As of Jun. 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 Jun. 2014, Ryder System Inc paid $23 Mil more to buy back shares than it received from issuing new shares. It received $259 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $18 Mil paying cash dividends to shareholders. It spent $3 Mil on other financial activities. In all, Ryder System Inc earned $215 Mil on financial activities for the three months ended in Jun. 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.

Ryder System Inc'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
=90.646+370.747+0+-67.72+-0.038
=394

Ryder System Inc's Cash from Financing for the quarter that ended in Jun. 2014 is

Cash from Financing(Q: Jun. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-23.448+259.241+0+-17.91+-3.099
=215

Ryder System Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Jun. 2014 was 101.451 (Sep. 2013 ) + 167.244 (Dec. 2013 ) + 215.169 (Mar. 2014 ) + 214.784 (Jun. 2014 ) = $699 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.

Ryder System Inc's net issuance of stock for the three months ended in Jun. 2014 was $-23 Mil. Ryder System Inc paid $23 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.

Ryder System Inc's net issuance of debt for the three months ended in Jun. 2014 was $259 Mil. Ryder System Inc received $259 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.

Ryder System Inc's net issuance of preferred for the three months ended in Jun. 2014 was $0 Mil. Ryder System 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.

Ryder System Inc's cash flow for dividends for the three months ended in Jun. 2014 was $-18 Mil. Ryder System Inc spent $18 Mil paying cash dividends to shareholders.

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

Ryder System Inc's other financing for the three months ended in Jun. 2014 was $-3 Mil. Ryder System Inc spent $3 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.

Ryder System Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Net Issuance of Stock -61-124-97-167-201-109-106-26291
Net Issuance of Debt 000097-369240594397371
Net Issuance of Preferred 0000000000
Dividends -39-41-44-50-52-53-54-58-61-68
Other Financing -96406630-826-20-4-6-4-0
Cash from Financing -196242488-299-151-55175504334394

Ryder System Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Net Issuance of Stock 1-9-11022191336-22-23
Net Issuance of Debt 203158110-734569105152257259
Net Issuance of Preferred 0000000000
Dividends -15-15-16-16-16-16-18-18-18-18
Other Financing -10-20-011-3-2-3
Cash from Financing 18813491-795273101167215215
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