Switch to:
GuruFocus has detected 9 Warning Signs with Microsoft Corp $MSFT.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Microsoft Corp (NAS:MSFT)
Cash Flow from Financing
$12,080 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, Microsoft Corp paid $1,883 Mil more to buy back shares than it received from issuing new shares. It spent $966 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $3,012 Mil paying cash dividends to shareholders. It spent $375 Mil on other financial activities. In all, Microsoft Corp spent $6,236 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.

Microsoft Corp's Cash from Financing for the fiscal year that ended in Jun. 2016 is calculated as:

Cash from Financing(A: Jun. 2016 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-15301+18283+0+-11006+-369
=-8,393

Microsoft 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
=-1883+-966+0+-3012+-375
=-6,236

Microsoft Corp Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2017 was 971 (Jun. 2016 ) + 14329 (Sep. 2016 ) + 3016 (Dec. 2016 ) + -6236 (Mar. 2017 ) = $12,080 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.

Microsoft Corp's net issuance of stock for the three months ended in Mar. 2017 was $-1,883 Mil. Microsoft Corp paid $1,883 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.

Microsoft Corp's net issuance of debt for the three months ended in Mar. 2017 was $-966 Mil. Microsoft Corp spent $966 Mil paying down its 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.

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

Microsoft Corp's cash flow for dividends for the three months ended in Mar. 2017 was $-3,012 Mil. Microsoft Corp spent $3,012 Mil paying cash dividends to shareholders.

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

Microsoft Corp's other financing for the three months ended in Mar. 2017 was $-375 Mil. Microsoft Corp spent $375 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.

Microsoft Corp Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
Net Issuance of Stock -20,793-9,039-8,774-8,958-9,133-3,116-4,429-6,709-13,809-15,301
Net Issuance of Debt 005,7461905,96003,5376,96213,66118,283
Net Issuance of Preferred 0000000000
Dividends -3,805-4,015-4,468-4,578-5,180-6,385-7,455-8,879-9,882-11,006
Other Financing 541203355-2393199-39362-369
Cash from Financing -24,544-12,934-7,463-13,291-8,376-9,408-8,148-8,665-9,668-8,393

Microsoft Corp Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
Net Issuance of Stock -2,024-4,985-4,128-4,538-3,561-3,698-3,504-4,121-3,468-1,883
Net Issuance of Debt 4,7984,1053,2593,2615,9761,7477,29921,3629,196-966
Net Issuance of Preferred 0000000000
Dividends -2,547-2,532-2,496-2,475-2,868-2,842-2,821-2,800-3,024-3,012
Other Financing 307316-239-178-65-123-3-112312-375
Cash from Financing 534-3,096-3,604-3,930-518-4,91697114,3293,016-6,236
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