Switch to:
GuruFocus has detected 4 Warning Signs with Sears Holdings Corp $SHLD.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Sears Holdings Corp (NAS:SHLD)
Cash from Financing
$1,363 Mil (TTM As of Oct. 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 Oct. 2016, Sears Holdings Corp paid $0 Mil more to buy back shares than it received from issuing new shares. It received $739 Mil from issuing more 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 spent $9 Mil on other financial activities. In all, Sears Holdings Corp earned $730 Mil on financial activities for the three months ended in Oct. 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.

Sears Holdings Corp's Cash from Financing for the fiscal year that ended in Jan. 2016 is calculated as:

Sears Holdings Corp's Cash from Financing for the quarter that ended in Oct. 2016 is

Sears Holdings Corp Cash Flow from Financing for the trailing twelve months (TTM) ended in Oct. 2016 was 94 (Jan. 2016 ) + 772 (Apr. 2016 ) + -233 (Jul. 2016 ) + 730 (Oct. 2016 ) = $1,363 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.

Sears Holdings Corp's net issuance of stock for the three months ended in Oct. 2016 was $0 Mil. Sears Holdings Corp 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.

Sears Holdings Corp's net issuance of debt for the three months ended in Oct. 2016 was $739 Mil. Sears Holdings Corp received $739 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.

Sears Holdings Corp's net issuance of preferred for the three months ended in Oct. 2016 was $0 Mil. Sears Holdings Corp 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.

Sears Holdings Corp's cash flow for dividends for the three months ended in Oct. 2016 was $0 Mil. Sears Holdings Corp received $0 Mil from paying cash dividends to shareholders.

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

Sears Holdings Corp's other financing for the three months ended in Oct. 2016 was $-9 Mil. Sears Holdings Corp spent $9 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.

Sears Holdings Corp Annual Data

Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16
Net Issuance of Stock -816-2,926-678-418-997-226-10000
Net Issuance of Debt -434-60135-4521,030308-4111,149-172-822
Net Issuance of Preferred 0000000000
Dividends 0000000000
Other Financing -2880-81-128-110394-247457458
Cash from Financing -1,252-3,439-643-951-95-28-27902285-364

Sears Holdings Corp Quarterly Data

Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16
Net Issuance of Stock 0000000000
Net Issuance of Debt 152673-87581-733-26494793-233739
Net Issuance of Preferred 0000000000
Dividends 0000000000
Other Financing 0-9-742635-30-210-9
Cash from Financing 152664-882507-698-26794772-233730
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)
FEEDBACK