Jefferies Financial Group (Jefferies Financial Group) Cash Flow from Operations

: $-1,418 Mil (TTM As of Feb. 2024)

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Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

For the three months ended in Feb. 2024, Jefferies Financial Group's Net Income From Continuing Operations was $156 Mil. Its Depreciation, Depletion and Amortization was $44 Mil. Its Change In Working Capital was $-1,586 Mil. Its cash flow from deferred tax was $0 Mil. Its Cash from Discontinued Operating Activities was $-45 Mil. Its Asset Impairment Charge was $40 Mil. Its Stock Based Compensation was $20 Mil. And its Cash Flow from Others was $68 Mil. In all, Jefferies Financial Group's Cash Flow from Operations for the three months ended in Feb. 2024 was $-1,303 Mil.

Jefferies Financial Group Cash Flow from Operations Historical Data

The historical data trend for Jefferies Financial Group's Cash Flow from Operations 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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Jefferies Financial Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Nov19

Nov20

Nov21

Nov22

Nov23

Cash Flow from Operations

-827.84

2,075.95

1,582.29

1,804.85

-1,933.63

Jefferies Financial Group Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash Flow from Operations																-1,818.85	417.18	-488.31	-43.65	-1,302.90

Jefferies Financial Group Cash Flow from Operations Calculation

Jefferies Financial Group's Cash Flow from Operations for the fiscal year that ended in Nov. 2023 is calculated as:

	Cash Flow from Operations		(A: Nov. 2023 )
=	Net Income From Continuing Operations	+	Depreciation, Depletion and Amortization	+	Change In Working Capital	+	Deferred Tax
=	262.388	+	113.473	+	-2583.067	+	10.462
+	Cash from Discontinued Operating Activities	+	Asset Impairment Charge	+	Stock Based Compensation	+	Cash Flow from Others
+	0	+	67.009	+	45.36	+	150.749
=	-1,934

Jefferies Financial Group's Cash Flow from Operations for the quarter that ended in Feb. 2024 is:

	Cash Flow from Operations		(Q: Feb. 2024 )
=	Net Income From Continuing Operations	+	Depreciation, Depletion and Amortization	+	Change In Working Capital	+	Deferred Tax
=	156.392	+	44.199	+	-1585.713	+	0
+	Cash from Discontinued Operating Activities	+	Asset Impairment Charge	+	Stock Based Compensation	+	Cash Flow from Others
+	-45.282	+	39.712	+	20.22	+	67.569
=	-1,303

Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1,418 Mil.

Jefferies Financial Group (NYSE:JEF) Cash Flow from Operations Explanation

For companies reported in indirect method, cash flow from operations contains six items:

1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Jefferies Financial Group's net income from continuing operations for the three months ended in Feb. 2024 was $156 Mil.

2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
The term depreciation is used when discussing man made tangible assets
The term depletion is used when discussing natural tangible assets
The term amortization is used when discussing intangible assets

Jefferies Financial Group's depreciation, depletion and amortization for the three months ended in Feb. 2024 was $44 Mil.

3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.

Jefferies Financial Group's change in working capital for the three months ended in Feb. 2024 was $-1,586 Mil. It means Jefferies Financial Group's working capital declined by $1,586 Mil from Nov. 2023 to Feb. 2024 .

4. Deferred Tax:
It is the cash flow generated from deferred tax.

Jefferies Financial Group's cash flow from deferred tax for the three months ended in Feb. 2024 was $0 Mil.

5. Cash from Discontinued Operating Activities:
Net cash from all of the entity's discontinued operating activities.

Jefferies Financial Group's cash from discontinued operating Activities for the three months ended in Feb. 2024 was $-45 Mil.

6. Asset Impairment Charge:
It is the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value.

Jefferies Financial Group's asset impairment charge for the three months ended in Feb. 2024 was $40 Mil.

7. Stock Based Compensation:
It is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.

Jefferies Financial Group's stock based compensation for the three months ended in Feb. 2024 was $20 Mil.

8. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).

Jefferies Financial Group's cash flow from others for the three months ended in Feb. 2024 was $68 Mil.

Jefferies Financial Group Cash Flow from Operations Related Terms

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Jefferies Financial Group (Jefferies Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Jefferies Financial Group Inc (NYSE:JEF) » Definitions » Cash Flow from Operations

Comparable Companies

Traded in Other Exchanges

LN3:Germany

Address

520 Madison Avenue, New York, NY, USA, 10022

Website

https://www.jefferies.com

Jefferies Financial Group Inc is a diversified financial services company. Its business consists of investment banking and capital markets (Jefferies Group), commercial mortgage banking (Berkadia), asset management (Leucadia Asset Management), and online platform for foreign exchange trading (FXCM), a real estate company (Homefed), and vehicle finance (Foursight Capital and Chrome Capital). The company is also involved in other businesses, such as oil and gas exploration, through JETX and Vitesse Energy; automobile dealerships, through Gargadia; fixed wireless broadband services, through Linkem; and gold and silver mining through Golden Queen, among others.

Executives

Joseph S Steinberg	director, 10 percent owner, officer: President	C/O LEUCADIA NATIONAL CORP, 315 PARK AVENUE SOUTH, NEW YORK NY 10010
Mark Lawrence Cagno	officer: VP and Co-Controller	C/O JEFFERIES FINANCIAL GROUP INC., 520 MADISON AVENUE, NEW YORK NY 10022
Matthew Scott Larson	officer: EVP, Co-CFO	C/O JEFFERIES FINANCIAL GROUP INC., 520 MADISON AVENUE, NEW YORK NY 10022
Brian P Friedman	director, officer: President
Rocco J Nittoli	officer: Treasurer	315 PARK AVENUE SOUTH, NEW YORK NY 10010
Thomas W Jones	director	ALTRIA GROUP INC, 6601 WEST BROAD STREET, RICHMOND VA 23230
O Kane Michael T	director	80 HICKORY HILL BLVD, TOTOWA NJ 07512
Melissa Weiler	director	399 PARK AVE 38TH FL, NEW YORK DC 10022
Matrice Ellis-kirk	director	C/O JEFFERIES FINANCIAL GROUP INC, 520 MADISON AVENUE, NEW YORK NY 10022
Stuart Harry Reese	director
Barry J Alperin	director	C/O HENRY SCHEIN INC, 135 DURYEA RD, MELVILLE NY 11747
Jacob M Katz	director	C/O HERC HOLDINGS INC., 27500 RIVERVIEW CENTER BLVD., BONITA SPRINGS FL 34134
Maryanne Gilmartin	director	C/O JEFFERIES FINANCIAL GROUP INC., 520 MADISON AVE., NEW YORK NY 10022
John Merritt Dalton	officer: Controller	520 MADISON AVE., NEW YORK NY 10022
Teresa S Gendron	officer: Chief Financial Officer	520 MADISON AVE., C/O JEFFERIES FINANCIAL GROUP INC., NEW YORK NY 10022