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GuruFocus has detected 3 Warning Signs with Best Buy Co Inc $BBY.
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Best Buy Co Inc (NYSE:BBY)
Cash Flow from Financing
$-1,205 Mil (TTM As of Apr. 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 Apr. 2017, Best Buy Co Inc paid $298 Mil more to buy back shares than it received from issuing new shares. It spent $10 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $105 Mil paying cash dividends to shareholders. It received $0 Mil on other financial activities. In all, Best Buy Co Inc spent $413 Mil on financial activities for the three months ended in Apr. 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.

Best Buy Co Inc's Cash from Financing for the fiscal year that ended in Jan. 2017 is calculated as:

Cash from Financing(A: Jan. 2017 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-527+-394+0+-505+22
=-1,404

Best Buy Co Inc's Cash from Financing for the quarter that ended in Apr. 2017 is

Cash from Financing(Q: Apr. 2017 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-298+-10+0+-105+0
=-413

Best Buy Co Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Apr. 2017 was -321 (Jul. 2016 ) + -254 (Oct. 2016 ) + -217 (Jan. 2017 ) + -413 (Apr. 2017 ) = $-1,205 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.

Best Buy Co Inc's net issuance of stock for the three months ended in Apr. 2017 was $-298 Mil. Best Buy Co Inc paid $298 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.

Best Buy Co Inc's net issuance of debt for the three months ended in Apr. 2017 was $-10 Mil. Best Buy Co Inc spent $10 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.

Best Buy Co Inc's net issuance of preferred for the three months ended in Apr. 2017 was $0 Mil. Best Buy Co Inc 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.

Best Buy Co Inc's cash flow for dividends for the three months ended in Apr. 2017 was $-105 Mil. Best Buy Co Inc spent $105 Mil paying cash dividends to shareholders.

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

Best Buy Co Inc's other financing for the three months ended in Apr. 2017 was $0 Mil. Best Buy Co Inc received $0 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.

Best Buy Co Inc Annual Data

Feb08Feb09Feb10Feb11Feb12Jan13Jan14Jan15Jan16Jan17
Net Issuance of Stock -3,31583138-1,014-1,433-9717150-1,008-527
Net Issuance of Debt 133894-210-99509127381-24-28-394
Net Issuance of Preferred 0000000000
Dividends -204-223-234-237-228-224-233-251-499-505
Other Financing 8-17-42-7-1,326-17022022
Cash from Financing -3,378737-348-1,357-2,478-211319-223-1,515-1,404

Best Buy Co Inc Quarterly Data

Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17Apr17
Net Issuance of Stock 2325-318-48-667-31-217-158-121-298
Net Issuance of Debt -5-8-5-5-10-362-12-10-10-10
Net Issuance of Preferred 0000000000
Dividends -66-261-80-80-78-238-90-89-88-105
Other Financing 06112119-2320
Cash from Financing -48-238-402-121-754-612-321-254-217-413
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