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GuruFocus has detected 5 Warning Signs with Schlumberger Ltd $SLB.
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Schlumberger Ltd (NYSE:SLB)
Cash Flow from Financing
$-5,428 Mil (TTM As of Dec. 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 Dec. 2016, Schlumberger Ltd paid $116 Mil more to buy back shares than it received from issuing new shares. It spent $1,615 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $696 Mil paying cash dividends to shareholders. It received $38 Mil on other financial activities. In all, Schlumberger Ltd spent $2,389 Mil on financial activities for the three months ended in Dec. 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.

Schlumberger Ltd's Cash from Financing for the fiscal year that ended in Dec. 2016 is calculated as:

Cash from Financing(A: Dec. 2016 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-547+-2377+0+-2647+143
=-5,428

Schlumberger Ltd's Cash from Financing for the quarter that ended in Dec. 2016 is

Cash from Financing(Q: Dec. 2016 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-116+-1615+0+-696+38
=-2,389

Schlumberger Ltd Cash Flow from Financing for the trailing twelve months (TTM) ended in Dec. 2016 was 1587 (Mar. 2016 ) + -3510 (Jun. 2016 ) + -1116 (Sep. 2016 ) + -2389 (Dec. 2016 ) = $-5,428 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.

Schlumberger Ltd's net issuance of stock for the three months ended in Dec. 2016 was $-116 Mil. Schlumberger Ltd paid $116 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.

Schlumberger Ltd's net issuance of debt for the three months ended in Dec. 2016 was $-1,615 Mil. Schlumberger Ltd spent $1,615 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.

Schlumberger Ltd's net issuance of preferred for the three months ended in Dec. 2016 was $0 Mil. Schlumberger Ltd 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.

Schlumberger Ltd's cash flow for dividends for the three months ended in Dec. 2016 was $-696 Mil. Schlumberger Ltd spent $696 Mil paying cash dividends to shareholders.

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

Schlumberger Ltd's other financing for the three months ended in Dec. 2016 was $38 Mil. Schlumberger Ltd received $38 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.

Schlumberger Ltd Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Net Issuance of Stock -1,207-1,642-404-1,538-2,998-725-2,326-4,383-1,886-547
Net Issuance of Debt -2014701089331,7731,6361,450-375,791-2,377
Net Issuance of Preferred 0000000000
Dividends -771-964-1,006-1,040-1,300-1,432-1,608-1,968-2,419-2,647
Other Financing 549311114236-175182285492-112143
Cash from Financing -1,630-1,825-1,188-1,409-2,700-339-2,199-5,8961,374-5,428

Schlumberger Ltd Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
Net Issuance of Stock -1,096-575-520-393-398-359-31-41-1160
Net Issuance of Debt 360-474499-1,1676,9332,481-2,886-357-1,6150
Net Issuance of Preferred 0000000000
Dividends -517-512-639-635-633-629-626-696-6960
Other Financing 3036743-2259433-22380
Cash from Financing -1,223-1,525-586-2,1925,6771,587-3,510-1,116-2,3890
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