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AutoZone Inc (NYSE:AZO)
Cash from Financing
$-801 Mil (TTM As of May. 2015)

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 May. 2015, AutoZone Inc paid $496 Mil more to buy back shares than it received from issuing new shares. It received $85 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It received $0 Mil from paying cash dividends to shareholders. It received $2 Mil on other financial activities. In all, AutoZone Inc spent $409 Mil on financial activities for the three months ended in May. 2015.


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.

AutoZone Inc's Cash from Financing for the fiscal year that ended in Aug. 2014 is calculated as:

Cash from Financing(A: Aug. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-1057.178+156.8+0+0+-11.179
=-912

AutoZone Inc's Cash from Financing for the quarter that ended in May. 2015 is

Cash from Financing(Q: May. 2015 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-496.346+85.029+0+0+2.101
=-409

AutoZone Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in May. 2015 was -217.586 (Aug. 2014 ) + -201.164 (Nov. 2014 ) + 26.47 (Feb. 2015 ) + -409.216 (May. 2015 ) = $-801 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.

AutoZone Inc's net issuance of stock for the three months ended in May. 2015 was $-496 Mil. AutoZone Inc paid $496 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.

AutoZone Inc's net issuance of debt for the three months ended in May. 2015 was $85 Mil. AutoZone Inc received $85 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.

AutoZone Inc's net issuance of preferred for the three months ended in May. 2015 was $0 Mil. AutoZone 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.

AutoZone Inc's cash flow for dividends for the three months ended in May. 2015 was $0 Mil. AutoZone Inc received $0 Mil from paying cash dividends to shareholders.

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

AutoZone Inc's other financing for the three months ended in May. 2015 was $2 Mil. AutoZone Inc received $2 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 own currency.

AutoZone Inc Annual Data

Aug05Aug06Aug07Aug08Aug09Aug10Aug11Aug12Aug13Aug14
Net Issuance of Stock -362-540-703-822-1,260-1,071-1,411-1,288-1,290-1,057
Net Issuance of Debt -5-273298460165419392419157
Net Issuance of Preferred 0000000000
Dividends 0000000000
Other Financing -0492-722185224-11
Cash from Financing -367-538-621-523-807-883-974-843-847-912

AutoZone Inc Quarterly Data

Feb13May13Aug13Nov13Feb14May14Aug14Nov14Feb15May15
Net Issuance of Stock -171-296-546-275-189-413-180-280-8-496
Net Issuance of Debt 180-2206-1414857-35782685
Net Issuance of Preferred 0000000000
Dividends 0000000000
Other Financing 1714-14-2-6-1-3182
Cash from Financing 27-284-354-291-46-357-218-20126-409
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