Switch to:
Garmin Ltd (NAS:GRMN)
Cash from Financing
$-497 Mil (TTM As of Jun. 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 Jun. 2015, Garmin Ltd paid $33 Mil more to buy back shares than it received from issuing new shares. It received $0 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $92 Mil paying cash dividends to shareholders. It received $1 Mil on other financial activities. In all, Garmin Ltd spent $124 Mil on financial activities for the three months ended in Jun. 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.

Garmin Ltd'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
=-239.463+0+0+-360.075+-0.084
=-600

Garmin Ltd's Cash from Financing for the quarter that ended in Jun. 2015 is

Cash from Financing(Q: Jun. 2015 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-32.872+0+0+-91.961+0.84
=-124

Garmin Ltd Cash Flow from Financing for the trailing twelve months (TTM) ended in Jun. 2015 was -169.224 (Sep. 2014 ) + -96.048 (Dec. 2014 ) + -107.668 (Mar. 2015 ) + -123.993 (Jun. 2015 ) = $-497 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.

Garmin Ltd's net issuance of stock for the three months ended in Jun. 2015 was $-33 Mil. Garmin Ltd paid $33 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.

Garmin Ltd's net issuance of debt for the three months ended in Jun. 2015 was $0 Mil. Garmin Ltd received $0 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.

Garmin Ltd's net issuance of preferred for the three months ended in Jun. 2015 was $0 Mil. Garmin 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.

Garmin Ltd's cash flow for dividends for the three months ended in Jun. 2015 was $-92 Mil. Garmin Ltd spent $92 Mil paying cash dividends to shareholders.

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

Garmin Ltd's other financing for the three months ended in Jun. 2015 was $1 Mil. Garmin Ltd received $1 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.

Garmin Ltd Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Net Issuance of Stock -17-34-2-663-17-21604-60-239
Net Issuance of Debt 0-0-00000000
Net Issuance of Preferred 0000000000
Dividends -54-108-163-150-150-299-311-253-352-360
Other Financing 010295543-15-0
Cash from Financing -71-133-136-808-161-511-307-250-407-600

Garmin Ltd Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
Net Issuance of Stock 1-14-8-39-32-130-781-16-33
Net Issuance of Debt 0000000000
Net Issuance of Preferred 0000000000
Dividends -176-880-88-88-88-92-92-92-92
Other Financing 0004211-501
Cash from Financing -174-102-8-123-118-217-169-96-108-124
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