Switch to:
Scotts Miracle Gro Co (NYSE:SMG)
Cash from Financing
$279 Mil (TTM As of Sep. 2015)

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. 2015, Scotts Miracle Gro Co paid $0 Mil more to buy back shares than it received from issuing new shares. It received $113 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $29 Mil paying cash dividends to shareholders. It received $9 Mil on other financial activities. In all, Scotts Miracle Gro Co earned $93 Mil on financial activities for the three months ended in Sep. 2015.


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.

Scotts Miracle Gro Co's Cash from Financing for the fiscal year that ended in Sep. 2015 is calculated as:

Cash from Financing(A: Sep. 2015 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-14.8+376.5+0+-111.3+28.5
=279

Scotts Miracle Gro Co's Cash from Financing for the quarter that ended in Sep. 2015 is

Cash from Financing(Q: Sep. 2015 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=0+112.5+0+-28.9+9.1
=93

Scotts Miracle Gro Co Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2015 was 337 (Dec. 2014 ) + 356.6 (Mar. 2015 ) + -507.4 (Jun. 2015 ) + 92.7 (Sep. 2015 ) = $279 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.

Scotts Miracle Gro Co's net issuance of stock for the three months ended in Sep. 2015 was $0 Mil. Scotts Miracle Gro Co 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.

Scotts Miracle Gro Co's net issuance of debt for the three months ended in Sep. 2015 was $113 Mil. Scotts Miracle Gro Co received $113 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.

Scotts Miracle Gro Co's net issuance of preferred for the three months ended in Sep. 2015 was $0 Mil. Scotts Miracle Gro Co 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.

Scotts Miracle Gro Co's cash flow for dividends for the three months ended in Sep. 2015 was $-29 Mil. Scotts Miracle Gro Co spent $29 Mil paying cash dividends to shareholders.

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

Scotts Miracle Gro Co's other financing for the three months ended in Sep. 2015 was $9 Mil. Scotts Miracle Gro Co received $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 own currency.

Scotts Miracle Gro Co Annual Data

Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15
Net Issuance of Stock -70-21800-25-359-180-120-15
Net Issuance of Debt 51599-103-179-172178-11-208207377
Net Issuance of Preferred 0000000000
Dividends -34-544-33-33-43-68-75-88-231-111
Other Financing 631219231824152029
Cash from Financing -47-159-123-194-216-231-79-281-124279

Scotts Miracle Gro Co Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
Net Issuance of Stock 00-9-51-30-31-15000
Net Issuance of Debt -657-145311542-596-51373372-480113
Net Issuance of Preferred 0000000000
Dividends -20-27-27-27-27-150-27-27-28-29
Other Financing 39248671209
Cash from Financing -674-163277468-645-224337357-50793
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)

GuruFocus Premium Plus Membership

FEEDBACK