Switch to:
Toll Brothers Inc (NYSE:TOL)
Cash from Financing
$-185 Mil (TTM As of Apr. 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 Apr. 2016, Toll Brothers Inc paid $80 Mil more to buy back shares than it received from issuing new shares. It received $133 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 received $1 Mil on other financial activities. In all, Toll Brothers Inc earned $53 Mil on financial activities for the three months ended in Apr. 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.

Toll Brothers Inc's Cash from Financing for the fiscal year that ended in Oct. 2015 is calculated as:

Cash from Financing(A: Oct. 2015 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-56.888+344.974+0+0+37.182
=325

Toll Brothers Inc's Cash from Financing for the quarter that ended in Apr. 2016 is

Cash from Financing(Q: Apr. 2016 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-80.128+132.758+0+0+0.619
=53

Toll Brothers Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Apr. 2016 was -83.65 (Jul. 2015 ) + 420.925 (Oct. 2015 ) + -575.524 (Jan. 2016 ) + 53.249 (Apr. 2016 ) = $-185 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.

Toll Brothers Inc's net issuance of stock for the three months ended in Apr. 2016 was $-80 Mil. Toll Brothers Inc paid $80 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.

Toll Brothers Inc's net issuance of debt for the three months ended in Apr. 2016 was $133 Mil. Toll Brothers Inc received $133 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.

Toll Brothers Inc's net issuance of preferred for the three months ended in Apr. 2016 was $0 Mil. Toll Brothers Inc 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.

Toll Brothers Inc's cash flow for dividends for the three months ended in Apr. 2016 was $0 Mil. Toll Brothers Inc received $0 Mil from paying cash dividends to shareholders.

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

Toll Brothers Inc's other financing for the three months ended in Apr. 2016 was $1 Mil. Toll Brothers Inc received $1 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.

Toll Brothers Inc Annual Data

Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15
Net Issuance of Stock -952016-1-1-49-1-15130-57
Net Issuance of Debt 297-125-71-20-483-90566206794345
Net Issuance of Preferred 0000000000
Dividends 0000000000
Other Financing 20162645132840402837
Cash from Financing 222-88-2923-471-111605230952325

Toll Brothers Inc Quarterly Data

Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16
Net Issuance of Stock 220-0-0-90-6-0-0-50-150-80
Net Issuance of Debt 568315-989-5814-84472-431133
Net Issuance of Preferred 0000000000
Dividends 0000000000
Other Financing 1532920190-151
Cash from Financing 803318-96-72-4432-84421-57653
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