Switch to:
Copart Inc (NAS:CPRT)
Cash from Financing
$342 Mil (TTM As of Jan. 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 Jan. 2015, Copart Inc received $1 Mil more from issuing new shares than it paid to buy back shares. It received $405 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 spent $0 Mil on other financial activities. In all, Copart Inc earned $406 Mil on financial activities for the three months ended in Jan. 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.

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

Cash from Financing(A: Jul. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=1.767+-91.291+0+0+12.701
=-77

Copart Inc's Cash from Financing for the quarter that ended in Jan. 2015 is

Cash from Financing(Q: Jan. 2015 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=1.495+405.189+0+0+-0.41
=406

Copart Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Jan. 2015 was -34.606 (Apr. 2014 ) + -12.216 (Jul. 2014 ) + -17.579 (Oct. 2014 ) + 406.274 (Jan. 2015 ) = $342 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.

Copart Inc's net issuance of stock for the three months ended in Jan. 2015 was $1 Mil. Copart Inc received $1 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.

Copart Inc's net issuance of debt for the three months ended in Jan. 2015 was $405 Mil. Copart Inc received $405 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.

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

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

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

Copart Inc's other financing for the three months ended in Jan. 2015 was $-0 Mil. Copart Inc spent $0 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.

Copart Inc Annual Data

Jul05Jul06Jul07Jul08Jul09Jul10Jul11Jul12Jul13Jul14
Net Issuance of Stock 3-2-77-255-8-11-738-201-132
Net Issuance of Debt 00-28-18037569-80-91
Net Issuance of Preferred 0000000000
Dividends 0000000000
Other Financing 024178129182813
Cash from Financing 31-75-230-181-354-115-66-77

Copart Inc Quarterly Data

Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14Jan15
Net Issuance of Stock -14001-0101-11
Net Issuance of Debt -19-19-19-24-35-2-36-19-19405
Net Issuance of Preferred 0000000000
Dividends 0000000000
Other Financing 6164206162-0
Cash from Financing -27-3-15-22-355-35-12-18406
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)

GuruFocus Premium Plus Membership

FEEDBACK