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Radian Group Inc (NYSE:RDN)
Cash from Financing
$-229 Mil (TTM As of Sep. 2016)

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. 2016, Radian Group Inc received $0 Mil more from issuing new shares than it paid to buy back shares. It spent $237 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $1 Mil paying cash dividends to shareholders. It received $0 Mil on other financial activities. In all, Radian Group Inc spent $237 Mil on financial activities for the three months ended in Sep. 2016.


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.

Radian Group Inc's Cash from Financing for the fiscal year that ended in Dec. 2014 is calculated as:

Cash from Financing(A: Dec. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=247.188+236.586+0+-1.865+0.107
=482

Radian Group Inc's Cash from Financing for the quarter that ended in Sep. 2016 is

Cash from Financing(Q: Sep. 2016 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=0.278+-237.036+0+-0.535+0.052
=-237

Radian Group Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2016 was -25.886 (Dec. 2015 ) + 50.668 (Mar. 2016 ) + -16.669 (Jun. 2016 ) + -237.241 (Sep. 2016 ) = $-229 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.

Radian Group Inc's net issuance of stock for the three months ended in Sep. 2016 was $0 Mil. Radian Group Inc received $0 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.

Radian Group Inc's net issuance of debt for the three months ended in Sep. 2016 was $-237 Mil. Radian Group Inc spent $237 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.

Radian Group Inc's net issuance of preferred for the three months ended in Sep. 2016 was $0 Mil. Radian Group 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.

Radian Group Inc's cash flow for dividends for the three months ended in Sep. 2016 was $-1 Mil. Radian Group Inc spent $1 Mil paying cash dividends to shareholders.

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

Radian Group Inc's other financing for the three months ended in Sep. 2016 was $0 Mil. Radian Group Inc received $0 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 local exchange's currency.

Radian Group Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Net Issuance of Stock -23720052600299247-201
Net Issuance of Debt 0200-100-146362-160-153298237187
Net Issuance of Preferred 0000000000
Dividends -7-6-4-1-1-1-1-2-2-2
Other Financing 5613000-01016
Cash from Financing -238202-91-146887-161-1555974821

Radian Group Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
Net Issuance of Stock 247-000-20200-10000
Net Issuance of Debt 237-100228-1-40151-16-237
Net Issuance of Preferred 0000000000
Dividends -0-0-0-0-0-1-1-0-1-1
Other Financing 00011014000
Cash from Financing 484-1-0127-1-2651-17-237
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