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Twin Disc Inc (NAS:TWIN)
Cash from Financing
\$-6.4 Mil (TTM As of Sep. 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 Sep. 2016, Twin Disc Inc paid \$0.0 Mil more to buy back shares than it received from issuing new shares. It received \$1.2 Mil from issuing more 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 spent \$0.4 Mil on other financial activities. In all, Twin Disc Inc earned \$0.8 Mil on financial activities for the three months ended in Sep. 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.

Twin Disc Inc's Cash from Financing for the fiscal year that ended in Jun. 2015 is calculated as:

 Cash from Financing (A: Jun. 2015 ) = Net Issuance of Stock + Net Issuance of Debt + Net Issuance of Preferred + Dividends + Other Financing = 0 + -4.593 + 0 + -4.061 + -0.544 = -9.2

Twin Disc Inc's Cash from Financing for the quarter that ended in Sep. 2016 is

 Cash from Financing (Q: Sep. 2016 ) = Net Issuance of Stock + Net Issuance of Debt + Net Issuance of Preferred + Dividends + Other Financing = 0 + 1.192 + 0 + 0 + -0.382 = 0.8

Twin Disc Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2016 was 1.763 (Dec. 2015 ) + -5.561 (Mar. 2016 ) + -3.379 (Jun. 2016 ) + 0.81 (Sep. 2016 ) = \$-6.4 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.

Twin Disc Inc's net issuance of stock for the three months ended in Sep. 2016 was \$0.0 Mil. Twin Disc Inc paid \$0.0 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.

Twin Disc Inc's net issuance of debt for the three months ended in Sep. 2016 was \$1.2 Mil. Twin Disc Inc received \$1.2 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.

Twin Disc Inc's net issuance of preferred for the three months ended in Sep. 2016 was \$0.0 Mil. Twin Disc 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.

Twin Disc Inc's cash flow for dividends for the three months ended in Sep. 2016 was \$0.0 Mil. Twin Disc Inc received \$0.0 Mil from paying cash dividends to shareholders.

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

Twin Disc Inc's other financing for the three months ended in Sep. 2016 was \$-0.4 Mil. Twin Disc Inc spent \$0.4 Mil on other financial activities.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Twin Disc Inc Annual Data

 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Net Issuance of Stock 0.2 -15.4 -1.8 0.0 0.0 -2.4 -3.1 0.0 0.0 0.0 Net Issuance of Debt 1.6 5.3 1.1 -19.6 -1.5 2.4 -5.0 -8.8 -4.6 -5.3 Net Issuance of Preferred 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Dividends -2.4 -3.0 -3.1 -3.3 -3.5 -3.9 -4.1 -4.1 -4.1 -2.0 Other Financing 0.4 0.7 -0.3 -0.3 0.9 0.4 -0.3 -2.1 -0.5 -0.7 Cash from Financing -0.1 -12.4 -4.1 -23.2 -4.2 -3.5 -12.4 -14.9 -9.2 -8.1

Twin Disc Inc Quarterly Data

 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Net Issuance of Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Net Issuance of Debt -6.6 5.2 -6.8 -4.3 1.4 0.5 3.1 -5.6 -3.3 1.2 Net Issuance of Preferred 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Dividends -1.0 -1.0 -1.0 -1.0 -1.0 -1.0 -1.0 0.0 0.0 0.0 Other Financing 0.0 -0.5 -0.0 -0.0 0.0 -0.3 -0.3 0.0 -0.1 -0.4 Cash from Financing -7.7 3.6 -7.8 -5.4 0.4 -0.9 1.8 -5.6 -3.4 0.8
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