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The Scotts Miracle Gro Co (NYSE:SMG)
Cash from Financing
$-122 Mil (TTM As of Sep. 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 Sep. 2016, The Scotts Miracle Gro Co paid $50 Mil more to buy back shares than it received from issuing new shares. It spent $202 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $30 Mil paying cash dividends to shareholders. It received $6 Mil on other financial activities. In all, The Scotts Miracle Gro Co spent $275 Mil on financial activities for the three months ended in Sep. 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.

The Scotts Miracle Gro Co's Cash from Financing for the fiscal year that ended in Sep. 2016 is calculated as:

Cash from Financing(A: Sep. 2016 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-130.8+115.9+0+-116.6+9.3
=-122

The Scotts Miracle Gro Co's Cash from Financing for the quarter that ended in Sep. 2016 is

Cash from Financing(Q: Sep. 2016 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-49.6+-201.5+0+-30.2+6.3
=-275

The Scotts Miracle Gro Co Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2016 was 334.2 (Dec. 2015 ) + 379.3 (Mar. 2016 ) + -560.7 (Jun. 2016 ) + -275 (Sep. 2016 ) = $-122 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.

The Scotts Miracle Gro Co's net issuance of stock for the three months ended in Sep. 2016 was $-50 Mil. The Scotts Miracle Gro Co paid $50 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.

The Scotts Miracle Gro Co's net issuance of debt for the three months ended in Sep. 2016 was $-202 Mil. The Scotts Miracle Gro Co spent $202 Mil paying down its 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.

The Scotts Miracle Gro Co's net issuance of preferred for the three months ended in Sep. 2016 was $0 Mil. The Scotts Miracle Gro Co 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.

The Scotts Miracle Gro Co's cash flow for dividends for the three months ended in Sep. 2016 was $-30 Mil. The Scotts Miracle Gro Co spent $30 Mil paying cash dividends to shareholders.

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

The Scotts Miracle Gro Co's other financing for the three months ended in Sep. 2016 was $6 Mil. The Scotts Miracle Gro Co received $6 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.

The Scotts Miracle Gro Co Annual Data

Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15Sep16
Net Issuance of Stock -21800-25-359-180-120-15-131
Net Issuance of Debt 599-103-179-172178-11-208207377116
Net Issuance of Preferred 0000000000
Dividends -544-33-33-43-68-75-88-231-111-117
Other Financing 312192318241520299
Cash from Financing -159-123-194-216-231-79-281-124279-122

The Scotts Miracle Gro Co Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
Net Issuance of Stock -30-31-150000-43-38-50
Net Issuance of Debt -596-51373372-480113372439-494-202
Net Issuance of Preferred 0000000000
Dividends -27-150-27-27-28-29-29-29-29-30
Other Financing 8671209-91206
Cash from Financing -645-224337357-50793334379-561-275
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