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HCP Inc (NYSE:HCP)
Cash from Financing
$-1,024 Mil (TTM As of Jun. 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 Jun. 2014, HCP Inc received $21 Mil more from issuing new shares than it paid to buy back shares. It received $216 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $254 Mil paying cash dividends to shareholders. It received $0 Mil on other financial activities. In all, HCP Inc spent $18 Mil on financial activities for the three months ended in Jun. 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.

HCP Inc's Cash from Financing for the fiscal year that ended in Dec. 2013 is calculated as:

Cash from Financing(A: Dec. 2013 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=114.082+-45.321+0+-974.349+5.172
=-900

HCP Inc's Cash from Financing for the quarter that ended in Jun. 2014 is

Cash from Financing(Q: Jun. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=20.655+215.896+0+-254.171+0.072
=-18

HCP Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Jun. 2014 was -423.35 (Sep. 2013 ) + -131.777 (Dec. 2013 ) + -451.45 (Mar. 2014 ) + -17.548 (Jun. 2014 ) = $-1,024 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.

HCP Inc's net issuance of stock for the three months ended in Jun. 2014 was $21 Mil. HCP Inc received $21 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.

HCP Inc's net issuance of debt for the three months ended in Jun. 2014 was $216 Mil. HCP Inc received $216 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.

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

HCP Inc's cash flow for dividends for the three months ended in Jun. 2014 was $-254 Mil. HCP Inc spent $254 Mil paying cash dividends to shareholders.

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

HCP Inc's other financing for the three months ended in Jun. 2014 was $0 Mil. HCP Inc received $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.

HCP Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Net Issuance of Stock 0459896191,0618532,4271,3281,793114
Net Issuance of Debt 0002,271-1,590-710-1,0432,392905-45
Net Issuance of Preferred 00000000-2960
Dividends -243-248-267-417-495-533-606-803-881-974
Other Financing 563402,6660-10-10-3-64-285
Cash from Financing -1881373,3882,473-1,035-4007752,8531,493-900

HCP Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Net Issuance of Stock 39838621988323031222521
Net Issuance of Debt -14-67233754-148223-220100-213216
Net Issuance of Preferred 0-29600000000
Dividends -215-216-219-231-242-243-243-246-254-254
Other Financing -101-8-11129-7-90
Cash from Financing 159-192271,501-35712-423-132-451-18
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