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GuruFocus has detected 10 Warning Signs with American Electric Power Co Inc $AEP.
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American Electric Power Co Inc (NYSE:AEP)
Cash Flow from Financing
$504 Mil (TTM As of Dec. 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 Dec. 2016, American Electric Power Co Inc paid $0 Mil more to buy back shares than it received from issuing new shares. It received $783 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $291 Mil paying cash dividends to shareholders. It spent $34 Mil on other financial activities. In all, American Electric Power Co Inc earned $458 Mil on financial activities for the three months ended in Dec. 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.

American Electric Power Co Inc's Cash from Financing for the fiscal year that ended in Dec. 2016 is calculated as:

Cash from Financing(A: Dec. 2016 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=34.2+1713+0+-1121+-122.3
=504

American Electric Power Co Inc's Cash from Financing for the quarter that ended in Dec. 2016 is

Cash from Financing(Q: Dec. 2016 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=0+782.7+0+-291.2+-33.6
=458

American Electric Power Co Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Dec. 2016 was 352.4 (Mar. 2016 ) + 294.4 (Jun. 2016 ) + -600.8 (Sep. 2016 ) + 457.9 (Dec. 2016 ) = $504 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.

American Electric Power Co Inc's net issuance of stock for the three months ended in Dec. 2016 was $0 Mil. American Electric Power Co Inc paid $0 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.

American Electric Power Co Inc's net issuance of debt for the three months ended in Dec. 2016 was $783 Mil. American Electric Power Co Inc received $783 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.

American Electric Power Co Inc's net issuance of preferred for the three months ended in Dec. 2016 was $0 Mil. American Electric Power Co 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.

American Electric Power Co Inc's cash flow for dividends for the three months ended in Dec. 2016 was $-291 Mil. American Electric Power Co Inc spent $291 Mil paying cash dividends to shareholders.

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

American Electric Power Co Inc's other financing for the three months ended in Dec. 2016 was $-34 Mil. American Electric Power Co Inc spent $34 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.

American Electric Power Co Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Net Issuance of Stock 1441591,72893928383748234
Net Issuance of Debt 1,902193-442402-1045443908794931,713
Net Issuance of Preferred 0000-6400000
Dividends -630-669-761-827-900-916-954-998-1,059-1,121
Other Financing -61,996-5-35-6642-106-177-122
Cash from Financing 1,4101,679520-335-971-355-439-151-662504

American Electric Power Co Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Net Issuance of Stock 341130251214121930
Net Issuance of Debt -26468444593-401257624596-289783
Net Issuance of Preferred 0000000000
Dividends -246-262-261-261-261-276-277-277-277-291
Other Financing -27-24-23-120-25-9-7-44-38-34
Cash from Financing -503409-209237-675-14352294-601458
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