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 Jan. 2024,
Medtronic paid$75 Mil more to buy back shares than it received from issuing new shares.
It spent$311 Mil paying down its debt.
It paid$0 Mil more to buy back preferred shares than it received from issuing preferred shares.
It spent$917 Mil paying cash dividends to shareholders.
It spent$197 Mil on other financial activities.
In all, Medtronic
spent$1,500 Mil on financial activities for the
three
months ended in Jan. 2024.
Medtronic Cash Flow from Financing Historical Data
The historical data trend for Medtronic'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.
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Medtronic Annual Data
Trend
Apr14
Apr15
Apr16
Apr17
Apr18
Apr19
Apr20
Apr21
Apr22
Apr23
Cash Flow from Financing
-5,431.00
-4,198.00
-4,136.00
-5,336.00
-4,960.00
Medtronic Quarterly Data
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Jul22
Oct22
Jan23
Apr23
Jul23
Oct23
Jan24
Cash Flow from Financing
-2,134.00
-4,890.00
-501.00
-90.00
-1,500.00
Medtronic Cash Flow from Financing Calculation
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.
Medtronic's Cash from Financing for the fiscal year that ended in Apr. 2023 is calculated as:
Cash Flow from Financing for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6,981 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.
Medtronic (NYSE:MDT) 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.
Medtronic's issuance of stock for the
three
months ended in Jan. 2024 was $57 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.
Medtronic's repurchase of stock for the
three
months ended in Jan. 2024 was $-132 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.
Medtronic's net issuance of debt for the
three
months ended in Jan. 2024 was $-311 Mil.
Medtronic spent$311 Mil paying down its 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.
Medtronic's net issuance of preferred for the
three
months ended in Jan. 2024 was $0 Mil.
Medtronic paid$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.
Medtronic's cash flow for dividends for the
three
months ended in Jan. 2024 was $-917 Mil.
Medtronic spent$917 Mil paying cash dividends to shareholders.
6. Other Financing:
Money spent or earned by company from other financial activities.
Medtronic's other financing for the
three
months ended in Jan. 2024 was $-197 Mil.
Medtronic spent$197 Mil on other financial activities.
Medtronic Cash Flow from Financing Related Terms
Thank you for viewing the detailed overview of Medtronic's Cash Flow from Financing provided by GuruFocus.com. Please click on the following links to see related term pages.
One of the largest medical-device companies, Medtronic develops and manufactures therapeutic medical devices for chronic diseases. Its portfolio includes pacemakers, defibrillators, heart valves, stents, insulin pumps, spinal fixation devices, neurovascular products, advanced energy, and surgical tools. The company markets its products to healthcare institutions and physicians in the United States and overseas. Foreign sales account for roughly 50% of the company's total sales.
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