Switch to:
Pier 1 Imports Inc (NYSE:PIR)
Cash from Financing
$-96 Mil (TTM As of May. 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 May. 2014, Pier 1 Imports Inc paid $106 Mil more to buy back shares than it received from issuing new shares. It received $198 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $6 Mil paying cash dividends to shareholders. It spent $4 Mil on other financial activities. In all, Pier 1 Imports Inc earned $82 Mil on financial activities for the three months ended in May. 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.

Pier 1 Imports Inc's Cash from Financing for the fiscal year that ended in Feb. 2014 is calculated as:

Cash from Financing(A: Feb. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-192.284+0+0+-21.697+20.039
=-194

Pier 1 Imports Inc's Cash from Financing for the quarter that ended in May. 2014 is

Cash from Financing(Q: May. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-105.796+198+0+-5.544+-4.26
=82

Pier 1 Imports Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in May. 2014 was -40.836 (Aug. 2013 ) + -56.11 (Nov. 2013 ) + -81.023 (Feb. 2014 ) + 82.4 (May. 2014 ) = $-96 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.

Pier 1 Imports Inc's net issuance of stock for the three months ended in May. 2014 was $-106 Mil. Pier 1 Imports Inc paid $106 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.

Pier 1 Imports Inc's net issuance of debt for the three months ended in May. 2014 was $198 Mil. Pier 1 Imports Inc received $198 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.

Pier 1 Imports Inc's net issuance of preferred for the three months ended in May. 2014 was $0 Mil. Pier 1 Imports 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.

Pier 1 Imports Inc's cash flow for dividends for the three months ended in May. 2014 was $-6 Mil. Pier 1 Imports Inc spent $6 Mil paying cash dividends to shareholders.

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

Pier 1 Imports Inc's other financing for the three months ended in May. 2014 was $-4 Mil. Pier 1 Imports Inc spent $4 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.

Pier 1 Imports Inc Annual Data

Feb05Feb06Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14
Net Issuance of Stock -46454000-100-100-192
Net Issuance of Debt 01650-10-32-26000
Net Issuance of Preferred 0000000000
Dividends -35-35-1700000-18-22
Other Financing -0-16-002-4562020
Cash from Financing -81118-1332-36-21-94-98-194

Pier 1 Imports Inc Quarterly Data

Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14
Net Issuance of Stock 0-49-31-10-10-17-43-54-78-106
Net Issuance of Debt 000000000198
Net Issuance of Preferred 0000000000
Dividends 0-4-4-4-5-5-5-5-6-6
Other Financing 1221256733-4
Cash from Financing 1-52-33-3-11-16-41-56-8182
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)
Free 7-day Trial
FEEDBACK
Email Hide