Switch to:
Tenet Healthcare Corp (NYSE:THC)
Cash from Financing
$-620 Mil (TTM As of Jun. 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 Jun. 2016, Tenet Healthcare Corp paid $0 Mil more to buy back shares than it received from issuing new shares. It spent $39 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 spent $202 Mil on other financial activities. In all, Tenet Healthcare Corp spent $241 Mil on financial activities for the three months ended in Jun. 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.

Tenet Healthcare Corp's Cash from Financing for the fiscal year that ended in Dec. 2015 is calculated as:

Tenet Healthcare Corp's Cash from Financing for the quarter that ended in Jun. 2016 is

Tenet Healthcare Corp Cash Flow from Financing for the trailing twelve months (TTM) ended in Jun. 2016 was -44 (Sep. 2015 ) + -240 (Dec. 2015 ) + -95 (Mar. 2016 ) + -241 (Jun. 2016 ) = $-620 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.

Tenet Healthcare Corp's net issuance of stock for the three months ended in Jun. 2016 was $0 Mil. Tenet Healthcare 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.

Tenet Healthcare Corp's net issuance of debt for the three months ended in Jun. 2016 was $-39 Mil. Tenet Healthcare Corp spent $39 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.

Tenet Healthcare Corp's net issuance of preferred for the three months ended in Jun. 2016 was $0 Mil. Tenet Healthcare 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.

Tenet Healthcare Corp's cash flow for dividends for the three months ended in Jun. 2016 was $0 Mil. Tenet Healthcare Corp received $0 Mil from paying cash dividends to shareholders.

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

Tenet Healthcare Corp's other financing for the three months ended in Jun. 2016 was $-202 Mil. Tenet Healthcare Corp spent $202 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.

Tenet Healthcare Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Net Issuance of Stock 00000-374-126-4000-40
Net Issuance of Debt 243-22-1-406-2851377641,779740889
Net Issuance of Preferred 00033400-292000
Dividends 000-7-24-24-14000
Other Financing 942-38-28-25-12-55-25-395
Cash from Financing 252-181-117-337-2863201,324715454

Tenet Healthcare Corp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
Net Issuance of Stock 0000000000
Net Issuance of Debt 341294-8719249957612-198-37-39
Net Issuance of Preferred 0000000000
Dividends 0000000000
Other Financing -3-10-2-10-263-74-56-42-58-202
Cash from Financing 338284-89182236502-44-240-95-241
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