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.

Costco Wholesale Corp's Cash from Financing for the fiscal year that ended in Aug. 2018 is calculated as:

Costco Wholesale Corp's Cash from Financing for the quarter that ended in Feb. 2019 is

Cash Flow from Financing for the trailing twelve months (TTM) ended in Feb. 2019 was -266 (May. 2018 ) + -267 (Aug. 2018 ) + -700 (Nov. 2018 ) + -49 (Feb. 2019 ) = USD -1,282 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.

Costco Wholesale Corp's net issuance of stock for the three months ended in Feb. 2019 was USD -117 Mil. Costco Wholesale Corp paid USD 117 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.

Costco Wholesale Corp's net issuance of debt for the three months ended in Feb. 2019 was USD 69 Mil. Costco Wholesale Corp received USD 69 Mil from issuing more debt.

3. 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.

Costco Wholesale Corp's net issuance of preferred for the three months ended in Feb. 2019 was USD 0 Mil. Costco Wholesale Corp paid USD 0 Mil more to buy back preferred shares than it received from issuing preferred shares.

4. Cash Flow for Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.

Costco Wholesale Corp's cash flow for dividends for the three months ended in Feb. 2019 was USD 0 Mil. Costco Wholesale Corp received USD 0 Mil from paying cash dividends to shareholders.

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

Costco Wholesale Corp's other financing for the three months ended in Feb. 2019 was USD -1 Mil. Costco Wholesale Corp spent USD 1 Mil on other financial activities.

Related Terms

Headlines