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Noble Corp PLC (NYSE:NE)
Cash from Financing
$502 Mil (TTM As of Mar. 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 Mar. 2014, Noble Corp PLC paid $0 Mil more to buy back shares than it received from issuing new shares. It received $172 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $20 Mil paying cash dividends to shareholders. It spent $97 Mil on other financial activities. In all, Noble Corp PLC earned $55 Mil on financial activities for the three months ended in Mar. 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 Mar. 2014 is

Cash from Financing(Q: Mar. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=0+172.402+0+-19.695+-97.438
=55

Noble Corp PLC Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2014 was 353.222 (Jun. 2013 ) + -56.111 (Sep. 2013 ) + 149.859 (Dec. 2013 ) + 55.269 (Mar. 2014 ) = $502 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 Mar. 2014 was $0 Mil. Noble Corp PLC 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.

Noble Corp PLC's net issuance of debt for the three months ended in Mar. 2014 was $172 Mil. Noble Corp PLC received $172 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.

Noble Corp PLC's net issuance of preferred for the three months ended in Mar. 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 Mar. 2014 was $-20 Mil. Noble Corp PLC spent $20 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 Mar. 2014 was $-97 Mil. Noble Corp PLC spent $97 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

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
Net Issuance of Stock 1-4441-72010
Net Issuance of Debt 2603620195-521043231248172
Net Issuance of Preferred 0000000000
Dividends -360360-1380-47-23-231-20
Other Financing 554-77-33105-35-34-65131-97
Cash from Financing 280361-37166-38168353-5615055
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