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Noble Corp PLC (NYSE:NE)
Cash from Financing
$515 Mil (TTM As of Sep. 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 Sep. 2014, Noble Corp PLC paid $53 Mil more to buy back shares than it received from issuing new shares. It spent $1,277 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $119 Mil paying cash dividends to shareholders. It received $1,592 Mil on other financial activities. In all, Noble Corp PLC earned $143 Mil on financial activities for the three months ended in Sep. 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.

Noble Corp PLC'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
=-3.392+921.333+0+-300.301+-2.484
=615

Noble Corp PLC's Cash from Financing for the quarter that ended in Sep. 2014 is

Cash from Financing(Q: Sep. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-52.701+-1276.961+0+-119.332+1592.08
=143

Noble Corp PLC Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2014 was 149.859 (Dec. 2013 ) + 55.269 (Mar. 2014 ) + 167.204 (Jun. 2014 ) + 143.086 (Sep. 2014 ) = $515 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.

Noble Corp PLC's net issuance of stock for the three months ended in Sep. 2014 was $-53 Mil. Noble Corp PLC paid $53 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.

Noble Corp PLC's net issuance of debt for the three months ended in Sep. 2014 was $-1,277 Mil. Noble Corp PLC spent $1,277 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.

Noble Corp PLC's net issuance of preferred for the three months ended in Sep. 2014 was $0 Mil. Noble Corp PLC 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.

Noble Corp PLC's cash flow for dividends for the three months ended in Sep. 2014 was $-119 Mil. Noble Corp PLC spent $119 Mil paying cash dividends to shareholders.

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

Noble Corp PLC's other financing for the three months ended in Sep. 2014 was $1,592 Mil. Noble Corp PLC received $1,592 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.

Noble Corp PLC Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Net Issuance of Stock 3969-229-157-305-199-218-04-3
Net Issuance of Debt -78626-44890139-1731,2781,329551921
Net Issuance of Preferred 0000000000
Dividends 0-14-22-32-244-48-227-151-138-300
Other Financing 00-073-02950435-2
Cash from Financing -39681-699-91-407-4198621,683452615

Noble Corp PLC Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Net Issuance of Stock 441-7-0-0400-53
Net Issuance of Debt 0195-521043231248172285-1,277
Net Issuance of Preferred 0000000000
Dividends 00-1380-113-87-100-20-216-119
Other Financing -41-33105-35350-3-97981,592
Cash from Financing -37166-38168353-5615055167143
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