Switch to:
TJX Companies Inc (NYSE:TJX)
Cash from Financing
\$-1,543 Mil (TTM As of Oct. 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 Oct. 2016, TJX Companies Inc paid \$398 Mil more to buy back shares than it received from issuing new shares. It received \$0 Mil from issuing more debt. It paid \$0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent \$170 Mil paying cash dividends to shareholders. It received \$564 Mil on other financial activities. In all, TJX Companies Inc spent \$4 Mil on financial activities for the three months ended in Oct. 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.

TJX Companies Inc's Cash from Financing for the fiscal year that ended in Jan. 2016 is calculated as:

 Cash from Financing (A: Jan. 2016 ) = Net Issuance of Stock + Net Issuance of Debt + Net Issuance of Preferred + Dividends + Other Financing = -1696.264 + 0 + 0 + -544.271 + 64.68 = -2,176

TJX Companies Inc's Cash from Financing for the quarter that ended in Oct. 2016 is

 Cash from Financing (Q: Oct. 2016 ) = Net Issuance of Stock + Net Issuance of Debt + Net Issuance of Preferred + Dividends + Other Financing = -397.912 + 0 + 0 + -170.351 + 564.381 = -4

TJX Companies Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Oct. 2016 was -611.328 (Jan. 2016 ) + -379.492 (Apr. 2016 ) + -548.366 (Jul. 2016 ) + -3.882 (Oct. 2016 ) = \$-1,543 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.

TJX Companies Inc's net issuance of stock for the three months ended in Oct. 2016 was \$-398 Mil. TJX Companies Inc paid \$398 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.

TJX Companies Inc's net issuance of debt for the three months ended in Oct. 2016 was \$0 Mil. TJX Companies Inc received \$0 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.

TJX Companies Inc's net issuance of preferred for the three months ended in Oct. 2016 was \$0 Mil. TJX Companies 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.

TJX Companies Inc's cash flow for dividends for the three months ended in Oct. 2016 was \$-170 Mil. TJX Companies Inc spent \$170 Mil paying cash dividends to shareholders.

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

TJX Companies Inc's other financing for the three months ended in Oct. 2016 was \$564 Mil. TJX Companies Inc received \$564 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 local exchange's currency.

TJX Companies Inc Annual Data

 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Net Issuance of Stock -297 -806 -609 -775 -1,017 -1,102 -1,211 -1,325 -1,508 -1,696 Net Issuance of Debt -2 -2 -2 379 -2 0 0 500 749 0 Net Issuance of Preferred 0 0 0 0 0 0 0 0 0 0 Dividends -123 -151 -177 -198 -229 -275 -324 -394 -466 -544 Other Financing 4 7 19 10 25 41 60 75 -335 65 Cash from Financing -418 -953 -769 -584 -1,224 -1,336 -1,476 -1,144 -1,560 -2,176

TJX Companies Inc Quarterly Data

 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Net Issuance of Stock -430 -355 -384 -383 -420 -412 -482 -277 -389 -398 Net Issuance of Debt 0 0 0 0 0 0 0 0 0 0 Net Issuance of Preferred 0 0 0 0 0 0 0 0 0 0 Dividends -122 -121 -120 -120 -142 -141 -140 -140 -171 -170 Other Financing 327 39 35 28 6 20 10 38 12 564 Cash from Financing -225 -437 -469 -475 -557 -533 -611 -379 -548 -4
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)