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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, Southern Co received $10 Mil more from issuing new shares than it paid to buy back shares. It received $1,024 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $764 Mil paying cash dividends to shareholders. It spent $105 Mil on other financial activities. In all, Southern Co earned $165 Mil on financial activities for the three months ended in Dec. 2023.
The historical data trend for Southern Co'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.
Southern Co Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Cash Flow from Financing | Get a 7-Day Free Trial | -1,930.00 | -576.00 | 1,945.00 | 2,336.00 | 999.00 |
Southern Co Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Cash Flow from Financing | Get a 7-Day Free Trial | 1,217.00 | 454.00 | 1,141.00 | -761.00 | 165.00 |
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.
Southern Co's Cash from Financing for the fiscal year that ended in Dec. 2023 is calculated as:
Cash Flow from Financing | (A: Dec. 2023 ) | ||||||||||
= | Issuance of Stock | + | Repurchase of Stock | + | Net Issuance of Debt | + | Net Issuance of Preferred Stock | + | Cash Flow for Dividends | + | Other Financing |
= | 36 | + | 0 | + | 4371 | + | 0 | + | -3035 | + | -373 |
= | 999 |
Southern Co's Cash from Financing for the quarter that ended in Dec. 2023 is:
Cash Flow from Financing | (Q: Dec. 2023 ) | ||||||||||
= | Issuance of Stock | + | Repurchase of Stock | + | Net Issuance of Debt | + | Net Issuance of Preferred Stock | + | Cash Flow for Dividends | + | Other Financing |
= | 10 | + | 0 | + | 1024 | + | 0 | + | -764 | + | -105 |
= | 165 |
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 $999 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.
Southern Co (NYSE:SO) 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.
Southern Co's issuance of stock for the three months ended in Dec. 2023 was $10 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.
Southern Co's repurchase of stock for the three months ended in Dec. 2023 was $0 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.
Southern Co's net issuance of debt for the three months ended in Dec. 2023 was $1,024 Mil. Southern Co received $1,024 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.
Southern Co's net issuance of preferred for the three months ended in Dec. 2023 was $0 Mil. Southern Co 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.
Southern Co's cash flow for dividends for the three months ended in Dec. 2023 was $-764 Mil. Southern Co spent $764 Mil paying cash dividends to shareholders.
6. Other Financing:
Money spent or earned by company from other financial activities.
Southern Co's other financing for the three months ended in Dec. 2023 was $-105 Mil. Southern Co spent $105 Mil on other financial activities.
Thank you for viewing the detailed overview of Southern Co's Cash Flow from Financing provided by GuruFocus.com. Please click on the following links to see related term pages.
David P. Poroch | officer: Comptroller | 241 RALPH MCGILL BLVD., ATLANTA GA 30308 |
Stephen E Kuczynski | officer: Pres. & CEO, Southern Nuclear | 30 IVAN ALLEN JR. BLVD, NW, ATLANTA GA 30308 |
Shantella E. Cooper | director | 241 RALPH MCGILL BLVD., NW, ATLANTA GA 30308 |
Martin Bernard Davis | officer: EVP and CIO | 520 GERVAIS STREET, C/O SOUTH STATE CORP, COLUMBIA SC 29201 |
Christopher Cummiskey | officer: EVP & CCCS Officer | 241 RALPH MCGILL BLVD., ATLANTA GA 30308 |
Kimberly S, Greene | officer: President & CEO, SCS | 30 IVAN ALLEN JR. BLVD., NW, ATLANTA GA 30308 |
Thomas A Fanning | officer: CFO | |
Bryan D Anderson | officer: EVP & Pres. External Affairs | 30 IVAN ALLEN JR. BLVD. NW, ATLANTA GA 30308 |
Spainhour Sterling A Jr. | officer: EVP, Chief Legal Officer & CCO | 4370 PEACHTREE ROAD, NE, ATLANTA GA 30319 |
Lizanne Thomas | director | 1420 PEACHTREE STREET NE, SUITE 800, ATLANTA GA 30309 |
David E Meador | director | ONE ENERGY PLAZA, DETROIT MI 48226 |
Sloane N Drake | officer: EVP, CHRO | 30 IVAN ALLEN JR BLVD NW, ATLANTA GA 30308 |
James Jeffrey Peoples | officer: Chairman, President & CEO, APC | 600 NORTH 18TH STREET, BIRMINGHAM AL 35203 |
Kerr, Ii James Y | officer: Executive VP & General Counsel | 30 IVAN ALLEN JR. BLVD., NW, ATLANTA GA 30308 |
Anthony L Wilson | officer: President, Mississippi Power | 30 IVAN ALLEN JR. BLVD, ATLANTA GA 30308 |
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