Switch to:
Parexel International Corporation (NAS:PRXL)
Cash from Financing
$-77 Mil (TTM As of Dec. 2013)

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 Dec. 2013, Parexel International Corporation paid $1 Mil more to buy back shares than it received from issuing new shares. It spent $123 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It received $0 Mil from paying cash dividends to shareholders. It received $4 Mil on other financial activities. In all, Parexel International Corporation spent $119 Mil on financial activities for the three months ended in Dec. 2013.


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.

Parexel International Corporation's Cash from Financing for the fiscal year that ended in Jun. 2013 is calculated as:

Cash from Financing(A: Jun. 2013 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-179.878+217.5+0+0+14.787
=52

Parexel International Corporation's Cash from Financing for the quarter that ended in Dec. 2013 is

Cash from Financing(Q: Dec. 2013 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-0.564+-122.5+0+0+4.497
=-119

Parexel International Corporation Cash Flow from Financing for the trailing twelve months (TTM) ended in Dec. 2013 was -30.924 (Mar. 2013 ) + 7.788 (Jun. 2013 ) + 64.22 (Sep. 2013 ) + -118.567 (Dec. 2013 ) = $-77 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.

Parexel International Corporation's net issuance of stock for the three months ended in Dec. 2013 was $-1 Mil. Parexel International Corporation paid $1 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.

Parexel International Corporation's net issuance of debt for the three months ended in Dec. 2013 was $-123 Mil. Parexel International Corporation spent $123 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.

Parexel International Corporation's net issuance of preferred for the three months ended in Dec. 2013 was $0 Mil. Parexel International Corporation 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.

Parexel International Corporation's cash flow for dividends for the three months ended in Dec. 2013 was $0 Mil. Parexel International Corporation received $0 Mil from paying cash dividends to shareholders.

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

Parexel International Corporation's other financing for the three months ended in Dec. 2013 was $4 Mil. Parexel International Corporation received $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.

Parexel International Corporation Annual Data

Jun04Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13
Net Issuance of Stock -1-39101357812-180
Net Issuance of Debt 00-12939208-6330-26218
Net Issuance of Preferred 0000000000
Dividends 0000000000
Other Financing 00000-20-2515
Cash from Financing -0-384051211-5737-952

Parexel International Corporation Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
Net Issuance of Stock 0264-49-43-46-42-5-1
Net Issuance of Debt 23-27-13-954111153868-123
Net Issuance of Preferred 0000000000
Dividends 0000000000
Other Financing -00050201224
Cash from Financing 24-25-7-0571-31864-119
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
Hide