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 Dec. 2023,
Principal Financial Group paid$236 Mil more to buy back shares than it received from issuing new shares.
It received$40 Mil from issuing more debt.
It paid$0 Mil more to buy back preferred shares than it received from issuing preferred shares.
It spent$159 Mil paying cash dividends to shareholders.
It spent$230 Mil on other financial activities.
In all, Principal Financial Group
spent$586 Mil on financial activities for the
three
months ended in Dec. 2023.
Principal Financial Group Cash Flow from Financing Historical Data
The historical data trend for Principal Financial Group'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.
Principal Financial Group 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.
Principal Financial Group's Cash from Financing for the fiscal year that ended in Dec. 2023 is calculated as:
Cash Flow from Financing for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2,586 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.
Principal Financial Group (NAS:PFG) 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.
Principal Financial Group's issuance of stock for the
three
months ended in Dec. 2023 was $14 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.
Principal Financial Group's repurchase of stock for the
three
months ended in Dec. 2023 was $-251 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.
Principal Financial Group's net issuance of debt for the
three
months ended in Dec. 2023 was $40 Mil.
Principal Financial Group received$40 Mil from issuing more 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.
Principal Financial Group's net issuance of preferred for the
three
months ended in Dec. 2023 was $0 Mil.
Principal Financial Group 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.
Principal Financial Group's cash flow for dividends for the
three
months ended in Dec. 2023 was $-159 Mil.
Principal Financial Group spent$159 Mil paying cash dividends to shareholders.
6. Other Financing:
Money spent or earned by company from other financial activities.
Principal Financial Group's other financing for the
three
months ended in Dec. 2023 was $-230 Mil.
Principal Financial Group spent$230 Mil on other financial activities.
Principal Financial Group Cash Flow from Financing Related Terms
Thank you for viewing the detailed overview of Principal Financial Group's Cash Flow from Financing provided by GuruFocus.com. Please click on the following links to see related term pages.
Principal Financial Group (Principal Financial Group) Business Description
Principal Financial Group Inc is a leader in Global investment management offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement, asset management and insurance through our diverse family of financial services companies. It operates in four business segments that are Retirement and Income Solutions, Principal Global Investors, Principal International, and United States Insurance Solutions. The company receives maximum revenue in the form of premiums.
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