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Rite Aid Corporation (NYSE:RAD)
Cash from Financing
$-320 Mil (TTM As of Feb. 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 Feb. 2014, Rite Aid Corporation received $8 Mil more from issuing new shares than it paid to buy back shares. It spent $273 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 $112 Mil on other financial activities. In all, Rite Aid Corporation spent $153 Mil on financial activities for the three months ended in Feb. 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.

Rite Aid Corporation'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
=33.217+-295.435+-21.034+0+-36.916
=-320

Rite Aid Corporation's Cash from Financing for the quarter that ended in Feb. 2014 is

Cash from Financing(Q: Feb. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=8.336+-272.907+0+0+111.721
=-153

Rite Aid Corporation Cash Flow from Financing for the trailing twelve months (TTM) ended in Feb. 2014 was -122.904 (May. 2013 ) + 66.521 (Aug. 2013 ) + -110.935 (Nov. 2013 ) + -152.85 (Feb. 2014 ) = $-320 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.

Rite Aid Corporation's net issuance of stock for the three months ended in Feb. 2014 was $8 Mil. Rite Aid Corporation received $8 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.

Rite Aid Corporation's net issuance of debt for the three months ended in Feb. 2014 was $-273 Mil. Rite Aid Corporation spent $273 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.

Rite Aid Corporation's net issuance of preferred for the three months ended in Feb. 2014 was $0 Mil. Rite Aid 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.

Rite Aid Corporation's cash flow for dividends for the three months ended in Feb. 2014 was $0 Mil. Rite Aid Corporation received $0 Mil from paying cash dividends to shareholders.

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

Rite Aid Corporation's other financing for the three months ended in Feb. 2014 was $112 Mil. Rite Aid Corporation received $112 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.

Rite Aid Corporation Annual Data

Feb05Feb06Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14
Net Issuance of Stock 5520131001233
Net Issuance of Debt -595-292102,84151371-182-26-863-295
Net Issuance of Preferred 000000000-21
Dividends -1-13-15-15-300000
Other Financing 19271966-6626-7051355-37
Cash from Financing -571-273342,904-17397-25226-506-320

Rite Aid Corporation Quarterly Data

Nov11Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14
Net Issuance of Stock 00100176138
Net Issuance of Debt 114-91-173128-8-810-127115-11-273
Net Issuance of Preferred 00000000-210
Dividends 0000000000
Other Financing 12160-63-1445557-2-54-92112
Cash from Financing 12670-235-15-3-253-12367-111-153
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