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GuruFocus has detected 3 Warning Signs with Broadcom Ltd $AVGO.
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Broadcom Ltd (NAS:AVGO)
Cash from Financing
$7,704 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, Broadcom Ltd received $78 Mil more from issuing new shares than it paid to buy back shares. It spent $113 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $213 Mil paying cash dividends to shareholders. It received $6 Mil on other financial activities. In all, Broadcom Ltd spent $242 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.

Broadcom Ltd's Cash from Financing for the fiscal year that ended in Oct. 2016 is calculated as:

Cash from Financing(A: Oct. 2016 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=295+8193+0+-750+-34
=7,704

Broadcom Ltd's Cash from Financing for the quarter that ended in Oct. 2016 is

Broadcom Ltd Cash Flow from Financing for the trailing twelve months (TTM) ended in Oct. 2016 was -42 (Jan. 2016 ) + 9457 (Apr. 2016 ) + -1469 (Jul. 2016 ) + -242 (Oct. 2016 ) = $7,704 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.

Broadcom Ltd's net issuance of stock for the three months ended in Oct. 2016 was $78 Mil. Broadcom Ltd received $78 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.

Broadcom Ltd's net issuance of debt for the three months ended in Oct. 2016 was $-113 Mil. Broadcom Ltd spent $113 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.

Broadcom Ltd's net issuance of preferred for the three months ended in Oct. 2016 was $0 Mil. Broadcom Ltd 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.

Broadcom Ltd's cash flow for dividends for the three months ended in Oct. 2016 was $-213 Mil. Broadcom Ltd spent $213 Mil paying cash dividends to shareholders.

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

Broadcom Ltd's other financing for the three months ended in Oct. 2016 was $6 Mil. Broadcom Ltd 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.

Broadcom Ltd Annual Data

Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15Oct16
Net Issuance of Stock -2-729828-23-666112241295
Net Issuance of Debt -108-202-115-366-230005,588-1,8178,193
Net Issuance of Preferred 0000000000
Dividends 0000-86-137-198-284-408-750
Other Financing -4-1033923-87125-34
Cash from Financing -114-210183-335-336-194-1695,329-1,8597,704

Broadcom Ltd Quarterly Data

Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16
Net Issuance of Stock 333851795655721073878
Net Issuance of Debt 00-12-605-1,188-12-119,623-1,306-113
Net Issuance of Preferred 0000000000
Dividends -73-81-89-99-104-116-122-204-211-213
Other Financing 5,464242050322319-69106
Cash from Financing 5,424-19-30-575-1,204-50-429,457-1,469-242
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