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DryShips Inc (NAS:DRYS)
Cash from Financing
$251 Mil (TTM As of Dec. 2014)

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. 2014, DryShips Inc received $333 Mil more from issuing new shares than it paid to buy back shares. It spent $416 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $10 Mil paying cash dividends to shareholders. It spent $7 Mil on other financial activities. In all, DryShips Inc spent $100 Mil on financial activities for the three months ended in Dec. 2014.


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.

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

Cash from Financing(A: Dec. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=421.911+-91.726+0+-30.563+-48.913
=251

DryShips Inc's Cash from Financing for the quarter that ended in Dec. 2014 is

Cash from Financing(Q: Dec. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=332.623+-416.057+0+-10.112+-6.891
=-100

DryShips Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Dec. 2014 was 527.017 (Mar. 2014 ) + -109.225 (Jun. 2014 ) + -66.646 (Sep. 2014 ) + -100.437 (Dec. 2014 ) = $251 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.

DryShips Inc's net issuance of stock for the three months ended in Dec. 2014 was $333 Mil. DryShips Inc received $333 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.

DryShips Inc's net issuance of debt for the three months ended in Dec. 2014 was $-416 Mil. DryShips Inc spent $416 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.

DryShips Inc's net issuance of preferred for the three months ended in Dec. 2014 was $0 Mil. DryShips 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.

DryShips Inc's cash flow for dividends for the three months ended in Dec. 2014 was $-10 Mil. DryShips Inc spent $10 Mil paying cash dividends to shareholders.

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

DryShips Inc's other financing for the three months ended in Dec. 2014 was $-7 Mil. DryShips Inc spent $7 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.

DryShips Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Net Issuance of Stock 251561276639513420023422
Net Issuance of Debt 005581,133-635801,377981,179-92
Net Issuance of Preferred 0000000000
Dividends -30-22-28-3300000-31
Other Financing 460151-00-50480-4514539-49
Cash from Financing 6811866561,7632669021,3332431,242251

DryShips Inc Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
Net Issuance of Stock 000002390-0-0333
Net Issuance of Debt 265-81272797354440-98-18-416
Net Issuance of Preferred 0000000000
Dividends 0000000-10-10-10
Other Financing -18-61040-62-3-3-1-38-7
Cash from Financing 247-871302735374527-109-67-100
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