Golden Enterprises (Golden Enterprises) Cash Flow from Financing : $-5.2 Mil (TTM As of May. 2016)

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What is Golden Enterprises Cash Flow from Financing?

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 May. 2016, Golden Enterprises paid $0.0 Mil more to buy back shares than it received from issuing new shares. It spent $2.3 Mil paying down its debt. It paid $0.0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $0.4 Mil paying cash dividends to shareholders. It spent $0.0 Mil on other financial activities. In all, Golden Enterprises spent $2.6 Mil on financial activities for the three months ended in May. 2016.

Golden Enterprises Cash Flow from Financing Historical Data

The historical data trend for Golden Enterprises's Cash Flow from Financing can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Golden Enterprises Cash Flow from Financing Chart

Golden Enterprises Annual Data

Trend

May07

May08

May09

May10

May11

May12

May13

May14

May15

May16

Cash Flow from Financing

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-1.58

-1.67

-0.53

-1.66

-5.18

Golden Enterprises Quarterly Data
	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16
Cash Flow from Financing	Get a 7-Day Free Trial															-0.23	-2.39	-1.18	1.03	-2.64

Golden Enterprises Cash Flow from Financing Calculation

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.

Golden Enterprises's Cash from Financing for the fiscal year that ended in May. 2016 is calculated as:

	Cash Flow from Financing		(A: May. 2016 )
=	Issuance of Stock	+	Repurchase of Stock	+	Net Issuance of Debt	+	Net Issuance of Preferred Stock	+	Cash Flow for Dividends	+	Other Financing
=	0	+	0	+	-3.648	+	0	+	-1.496	+	-0.031
=	-5.2

Golden Enterprises's Cash from Financing for the quarter that ended in May. 2016 is:

	Cash Flow from Financing		(Q: May. 2016 )
=	Issuance of Stock	+	Repurchase of Stock	+	Net Issuance of Debt	+	Net Issuance of Preferred Stock	+	Cash Flow for Dividends	+	Other Financing
=	0	+	0	+	-2.253	+	0	+	-0.381	+	-0.01
=	-2.6

Cash Flow from Financing for the trailing twelve months (TTM) ended in May. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.2 Mil.

Golden Enterprises (NAS:GLDC) Cash Flow from Financing Explanation

Cash from financing contains six items:

1. Issuance of Stock:
A company may raise cash from issuing new shares. Issuance of stock represents the cash inflow from offering common stock, which is the additional capital contribution to the entity during the period.

Golden Enterprises's issuance of stock for the three months ended in May. 2016 was $0.0 Mil.

2. Repurchase of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. Repurchase of stock represents the cash outflow to reacquire common stock during the period.

Golden Enterprises's repurchase of stock for the three months ended in May. 2016 was $0.0 Mil.

3. 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.

Golden Enterprises's net issuance of debt for the three months ended in May. 2016 was $-2.3 Mil. Golden Enterprises spent $2.3 Mil paying down its debt.

4. Net Issuance of Preferred Stock:
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.

Golden Enterprises's net issuance of preferred for the three months ended in May. 2016 was $0.0 Mil. Golden Enterprises paid $0.0 Mil more to buy back preferred shares than it received from issuing preferred shares.

5. Cash Flow for Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.

Golden Enterprises's cash flow for dividends for the three months ended in May. 2016 was $-0.4 Mil. Golden Enterprises spent $0.4 Mil paying cash dividends to shareholders.

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

Golden Enterprises's other financing for the three months ended in May. 2016 was $-0.0 Mil. Golden Enterprises spent $0.0 Mil on other financial activities.

Golden Enterprises Cash Flow from Financing Related Terms

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Golden Enterprises (Golden Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Golden Enterprises Inc (NAS:GLDC) » Definitions » Cash Flow from Financing

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.goldenflake.com

Golden Enterprises Inc was originally organized under the laws of the State of Alabama as Magic City Food Products, Inc. on June 11, 1946. On March 11, 1958, it adopted the name Golden Flake, Inc. The Company was reorganized December 31, 1967 as a Delaware corporation without changing any of its assets, liabilities, or business. The Company produces, markets, and distributes snack products in the Southeastern United States since 1923. The Company manufactures and distributes a salted snack items, such as potato chips, tortilla chips, corn chips, fried pork skins, baked and fried cheese curls, onion rings, and puff corn. It also sells canned dips, pretzels, peanut butter crackers, cheese crackers, dried meat products, and nuts packaged by other manufacturers using the Golden Flake label. The Company purchases raw materials used in manufacturing and processing its snack food products from various sources. The Company also purchases flexible bags or other suitable wrapping material for the storage, shipment, and presentation of the finished product to its customers. It sells its products through its own sales organization and independent distributors to commercial establishments, which sell food products in Alabama, Tennessee, Georgia, Mississippi, Louisiana, Kentucky, and South Carolina as well as parts of Florida, North Carolina, Arkansas, Missouri, Oklahoma, Virginia, Indiana, and Texas. The products are distributed to its customers by either company transportation or commercial carrier out of the Birmingham and Ocala plants. The Company owns central branch warehouses in Birmingham, Montgomery, Midfield, Demopolis, Fort Payne, Muscle Shoals, Huntsville, Phoenix City, Tuscaloosa, Mobile, Dothan, and Oxford, Alabama; Gulfport and Jackson, Mississippi; Knoxville and Memphis, Tennessee; Decatur and Macon, Georgia; Panama City, Tallahassee, and Pensacola, Florida; and New Orleans, Louisiana. It competes with companies, which are engaged in the production and distribution of food products similar to those produced and sold by the Golden Enterprises, Inc. The name "Golden Flake" and its regularly used symbol are federally registered trademarks of the Company. The Company also owns other trademarks such as "The South's Original Potato Chip", a Golden Flake design from 1922, the name "Sweetheat" and certain other trademarks not used on a regular basis.

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