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Thermon Group Holdings Inc (NYSE:THR)
Cash from Financing
$-10.6 Mil (TTM As of Mar. 2014)

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 Mar. 2014, Thermon Group Holdings Inc received $3.3 Mil more from issuing new shares than it paid to buy back shares. It spent $18.9 Mil paying down its debt. It paid $0.0 Mil more to buy back preferred shares than it received from issuing preferred shares. It received $0.0 Mil from paying cash dividends to shareholders. It received $12.7 Mil on other financial activities. In all, Thermon Group Holdings Inc spent $2.8 Mil on financial activities for the three months ended in Mar. 2014.


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.

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

Cash from Financing(A: Mar. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=3.34+-12.13+0+0+-1.787
=-10.6

Thermon Group Holdings Inc's Cash from Financing for the quarter that ended in Mar. 2014 is

Cash from Financing(Q: Mar. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=3.34+-18.86+0+0+12.687
=-2.8

Thermon Group Holdings Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2014 was -3.247 (Jun. 2013 ) + -2.546 (Sep. 2013 ) + -1.951 (Dec. 2013 ) + -2.833 (Mar. 2014 ) = $-10.6 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.

Thermon Group Holdings Inc's net issuance of stock for the three months ended in Mar. 2014 was $3.3 Mil. Thermon Group Holdings Inc received $3.3 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.

Thermon Group Holdings Inc's net issuance of debt for the three months ended in Mar. 2014 was $-18.9 Mil. Thermon Group Holdings Inc spent $18.9 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.

Thermon Group Holdings Inc's net issuance of preferred for the three months ended in Mar. 2014 was $0.0 Mil. Thermon Group Holdings Inc paid $0.0 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.

Thermon Group Holdings Inc's cash flow for dividends for the three months ended in Mar. 2014 was $0.0 Mil. Thermon Group Holdings Inc received $0.0 Mil from paying cash dividends to shareholders.

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

Thermon Group Holdings Inc's other financing for the three months ended in Mar. 2014 was $12.7 Mil. Thermon Group Holdings Inc received $12.7 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.

Thermon Group Holdings Inc Annual Data

Mar09Mar10Mar12Mar13Mar14
Net Issuance of Stock 0.00.00.00.00.00.00.051.95.63.3
Net Issuance of Debt 0.00.00.00.00.0-12.30.0-76.7-21.6-12.1
Net Issuance of Preferred 0.00.00.00.00.00.00.00.00.00.0
Dividends 0.00.00.00.00.00.0-8.60.00.00.0
Other Financing 0.00.00.00.00.00.00.02.23.9-1.8
Cash from Financing 0.00.00.00.00.0-12.3-8.6-22.7-12.2-10.6

Thermon Group Holdings Inc Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
Net Issuance of Stock 0.051.90.00.00.05.60.00.00.03.3
Net Issuance of Debt -1.8-12.8-8.2-12.80.0-0.613.5-3.4-3.4-18.9
Net Issuance of Preferred 0.00.00.00.00.00.00.00.00.00.0
Dividends 0.00.00.00.00.00.00.00.00.00.0
Other Financing 1.4-44.02.52.71.9-3.2-16.70.81.412.7
Cash from Financing -0.4-5.0-5.7-10.11.91.7-3.2-2.5-2.0-2.8
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