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Stewart Enterprises, Inc. (NAS:STEI)
Cash from Financing
\$-19.7 Mil (TTM As of Jul. 2013)

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 Jul. 2013, Stewart Enterprises, Inc. received \$1.3 Mil more from issuing new shares than it paid to buy back shares. It spent \$0.0 Mil paying down its debt. It paid \$0.0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent \$3.8 Mil paying cash dividends to shareholders. It received \$0.3 Mil on other financial activities. In all, Stewart Enterprises, Inc. spent \$2.3 Mil on financial activities for the three months ended in Jul. 2013.

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.

Stewart Enterprises, Inc.'s Cash from Financing for the fiscal year that ended in Oct. 2012 is calculated as:

 Cash from Financing (A: Oct. 2012 ) = Net Issuance of Stock + Net Issuance of Debt + Net Issuance of Preferred + Dividends + Other Financing = -24.518 + -0.005 + 0 + -13.335 + -0.034 = -37.9

Stewart Enterprises, Inc.'s Cash from Financing for the quarter that ended in Jul. 2013 is

 Cash from Financing (Q: Jul. 2013 ) = Net Issuance of Stock + Net Issuance of Debt + Net Issuance of Preferred + Dividends + Other Financing = 1.298 + -0.001 + 0 + -3.815 + 0.262 = -2.3

Stewart Enterprises, Inc. Cash Flow from Financing for the trailing twelve months (TTM) ended in Jul. 2013 was -10.28 (Oct. 2012 ) + -4.347 (Jan. 2013 ) + -2.768 (Apr. 2013 ) + -2.256 (Jul. 2013 ) = \$-19.7 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.

Stewart Enterprises, Inc.'s net issuance of stock for the three months ended in Jul. 2013 was \$1.3 Mil. Stewart Enterprises, Inc. received \$1.3 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.

Stewart Enterprises, Inc.'s net issuance of debt for the three months ended in Jul. 2013 was \$-0.0 Mil. Stewart Enterprises, Inc. spent \$0.0 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.

Stewart Enterprises, Inc.'s net issuance of preferred for the three months ended in Jul. 2013 was \$0.0 Mil. Stewart Enterprises, Inc. paid \$0.0 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.

Stewart Enterprises, Inc.'s cash flow for dividends for the three months ended in Jul. 2013 was \$-3.8 Mil. Stewart Enterprises, Inc. spent \$3.8 Mil paying cash dividends to shareholders.

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

Stewart Enterprises, Inc.'s other financing for the three months ended in Jul. 2013 was \$0.3 Mil. Stewart Enterprises, Inc. received \$0.3 Mil on other financial activities.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Stewart Enterprises, Inc. Annual Data

 Oct04 Oct05 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Net Issuance of Stock -5.9 -0.1 -21.6 -77.3 -46.8 0.2 -3.4 -27.3 -24.5 1.5 Net Issuance of Debt -85.3 -6.8 -33.2 73.5 -0.2 -60.9 -31.5 -0.0 -0.0 -0.0 Net Issuance of Preferred 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Dividends 0.0 -8.2 -10.7 -10.2 -9.4 -9.7 -11.2 -11.8 -13.3 -14.8 Other Financing -0.0 -6.3 0.1 -6.1 0.2 -2.0 0.5 -5.6 -0.0 2.6 Cash from Financing -91.3 -21.4 -65.4 -20.1 -56.1 -72.3 -45.5 -44.7 -37.9 -10.7

Stewart Enterprises, Inc. Quarterly Data

 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Net Issuance of Stock -6.0 -13.1 -7.7 -3.3 -6.7 -6.9 -1.0 0.9 1.3 0.3 Net Issuance of Debt -5.8 -0.0 -0.0 -0.0 -0.0 -0.0 -0.0 -0.0 -0.0 -0.0 Net Issuance of Preferred 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Dividends -3.2 -3.1 -3.1 -3.5 -3.4 -3.4 -3.4 -3.8 -3.8 -3.8 Other Financing -1.0 0.2 -0.0 -0.0 -0.0 -0.0 0.1 0.1 0.3 2.2 Cash from Financing -16.1 -16.0 -10.8 -6.7 -10.1 -10.3 -4.3 -2.8 -2.3 -1.3
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