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. 2020,
Husky Energy paidC$0 Mil more to buy back shares than it received from issuing new shares.
It receivedC$706 Mil from issuing more debt.
It paidC$0 Mil more to buy back preferred shares than it received from issuing preferred shares.
It spentC$20 Mil paying cash dividends to shareholders.
It receivedC$4 Mil on other financial activities.
In all, Husky EnergyearnedC$690 Mil on financial activities for the
three
months ended in Sep. 2020.
Husky Energy Cash Flow from Financing Historical Data
The historical data trend for Husky Energy's Cash Flow from Financing can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
This is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders. In the calculation of free cash flow, cash from financing is not calculated because it is not related to operating activities.
Husky Energy's Cash from Financing for the fiscal year that ended in Dec. 2019 is calculated as:
Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-433 Mil.
* 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.
Husky Energy (TSX:HSE) 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.
Husky Energy's issuance of stock for the
three
months ended in Sep. 2020 was C$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.
Husky Energy's repurchase of stock for the
three
months ended in Sep. 2020 was C$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.
Husky Energy's net issuance of debt for the
three
months ended in Sep. 2020 was C$706 Mil.
Husky Energy receivedC$706 Mil from issuing more 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.
Husky Energy's net issuance of preferred for the
three
months ended in Sep. 2020 was C$0 Mil.
Husky Energy paidC$0 Mil more to buy back preferred shares than it received from issuing preferred shares.
5. Cash Flow for Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.
Husky Energy's cash flow for dividends for the
three
months ended in Sep. 2020 was C$-20 Mil.
Husky Energy spentC$20 Mil paying cash dividends to shareholders.
6. Other Financing:
Money spent or earned by company from other financial activities.
Husky Energy's other financing for the
three
months ended in Sep. 2020 was C$4 Mil.
Husky Energy receivedC$4 Mil on other financial activities.
Husky Energy Cash Flow from Financing Related Terms
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Husky Energy is one of Canada's largest integrated energy companies, operating in western Canada, the United States, and the Asia-Pacific and Atlantic regions. The upstream portfolio includes light and medium crude, heavy crude, bitumen, natural gas liquids, and natural gas. Husky's heavy oil and oil sands production are supported by two integrated downstream and midstream value chains. Production averaged 290,000 barrels of oil equivalent per day in 2019, and Husky estimates that it holds approximately 2.1 billion boe of proven and probable crude oil and natural gas reserves.
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