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GuruFocus has detected 7 Warning Signs with DTE Energy Co $DTE.
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DTE Energy Co (NYSE:DTE)
Cash from Financing
$1,359 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, DTE Energy Co paid $0 Mil more to buy back shares than it received from issuing new shares. It received $993 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $138 Mil paying cash dividends to shareholders. It received $739 Mil on other financial activities. In all, DTE Energy Co earned $1,594 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.

DTE Energy Co'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
=621+1169+0+-531+100
=1,359

DTE Energy Co'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+993+0+-138+739
=1,594

DTE Energy Co Cash Flow from Financing for the trailing twelve months (TTM) ended in Dec. 2016 was -306 (Mar. 2016 ) + -33 (Jun. 2016 ) + 104 (Sep. 2016 ) + 1594 (Dec. 2016 ) = $1,359 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.

DTE Energy Co's net issuance of stock for the three months ended in Dec. 2016 was $0 Mil. DTE Energy Co 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.

DTE Energy Co's net issuance of debt for the three months ended in Dec. 2016 was $993 Mil. DTE Energy Co received $993 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.

DTE Energy Co's net issuance of preferred for the three months ended in Dec. 2016 was $0 Mil. DTE Energy Co 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.

DTE Energy Co's cash flow for dividends for the three months ended in Dec. 2016 was $-138 Mil. DTE Energy Co spent $138 Mil paying cash dividends to shareholders.

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

DTE Energy Co's other financing for the three months ended in Dec. 2016 was $739 Mil. DTE Energy Co received $739 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.

DTE Energy Co Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Net Issuance of Stock -708-163536-183939-520621
Net Issuance of Debt -390286-476-226-7-591647667711,169
Net Issuance of Preferred 0000000000
Dividends -364-344-348-360-389-407-445-470-501-531
Other Financing -6-100-36-31-16-19-337100
Cash from Financing -1,468-84-789-586-445-443-2612112771,359

DTE Energy Co Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Net Issuance of Stock 009000-33000
Net Issuance of Debt 278177-20297206288-14596225993
Net Issuance of Preferred 0000000000
Dividends -116-122-122-124-124-131-131-131-131-138
Other Financing -9-11-75-223210739
Cash from Financing 15344-14017880159-306-331041,594
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