Switch to:
GuruFocus has detected 8 Warning Signs with Leucadia National Corp $LUK.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Leucadia National Corp (NYSE:LUK)
Cash Flow from Financing
$346 Mil (TTM As of Mar. 2017)

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. 2017, Leucadia National Corp paid $3 Mil more to buy back shares than it received from issuing new shares. It received $722 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $23 Mil paying cash dividends to shareholders. It spent $171 Mil on other financial activities. In all, Leucadia National Corp earned $526 Mil on financial activities for the three months ended in Mar. 2017.


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.

Leucadia National Corp's Cash from Financing for the fiscal year that ended in Dec. 2016 is calculated as:

Cash from Financing(A: Dec. 2016 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-93.958+215.881+0+-91.296+200.279
=231

Leucadia National Corp's Cash from Financing for the quarter that ended in Mar. 2017 is

Cash from Financing(Q: Mar. 2017 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-2.65+722.17+0+-22.71+-171.105
=526

Leucadia National Corp Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2017 was -507.159 (Jun. 2016 ) + -18.333 (Sep. 2016 ) + 345.374 (Dec. 2016 ) + 525.705 (Mar. 2017 ) = $346 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.

Leucadia National Corp's net issuance of stock for the three months ended in Mar. 2017 was $-3 Mil. Leucadia National Corp paid $3 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.

Leucadia National Corp's net issuance of debt for the three months ended in Mar. 2017 was $722 Mil. Leucadia National Corp received $722 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.

Leucadia National Corp's net issuance of preferred for the three months ended in Mar. 2017 was $0 Mil. Leucadia National Corp 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.

Leucadia National Corp's cash flow for dividends for the three months ended in Mar. 2017 was $-23 Mil. Leucadia National Corp spent $23 Mil paying cash dividends to shareholders.

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

Leucadia National Corp's other financing for the three months ended in Mar. 2017 was $-171 Mil. Leucadia National Corp spent $171 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 local exchange's currency.

Leucadia National Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Net Issuance of Stock 25310611170-34-74-125-94
Net Issuance of Debt 942737117-51-57256568-654216
Net Issuance of Preferred 0000000000
Dividends -5600-61-61-61-91-93-93-91
Other Financing 5-4-30-2-1-19-201516219200
Cash from Financing 1,145175-2265-107-652-271918-652231

Leucadia National Corp Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
Net Issuance of Stock -21-26-3-91-4-9-25-25-35-3
Net Issuance of Debt -118512-125-942-99229-418108297722
Net Issuance of Preferred 0000000000
Dividends -23-23-23-23-23-23-23-23-23-23
Other Financing -20246-5778-48215-42-78106-171
Cash from Financing -182708-208-979-173411-507-18345526
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)

GF Chat

{{numOfNotice}}
FEEDBACK