Switch to:
Target Corp  (NYSE:TGT) Cash Flow from Financing: $-3,644 Mil (TTM As of Jan. 2019)

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. 2019, Target Corp paid $189 Mil more to buy back shares than it received from issuing new shares. It spent {COMPANY->currency_symbol}{NetIssuanceofDebt_last_f} Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $334 Mil paying cash dividends to shareholders. It received $5 Mil on other financial activities. In all, Target Corp spent $1,021 Mil on financial activities for the three months ended in Jan. 2019.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Target Corp Annual Data

Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19
Cash Flow from Financing Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,024.00 -4,630.00 -5,505.00 -3,729.00 -3,644.00

Target Corp Quarterly Data

Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19
Cash Flow from Financing Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,531.00 -1,279.00 -1,070.00 -274.00 -1,021.00

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.

Target Corp's Cash from Financing for the fiscal year that ended in Jan. 2019 is calculated as:

Target Corp's Cash from Financing for the quarter that ended in Jan. 2019 is

Cash Flow from Financing(Q: Jan. 2019 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred Stock+Cash Flow for Dividends+Other Financing
=-189+-503+{NetIssuanceofpreferred_last}}+-334+5
=-1,021

Cash Flow from Financing for the trailing twelve months (TTM) ended in Jan. 2019 was -1279 (Apr. 2018 ) + -1070 (Jul. 2018 ) + -274 (Oct. 2018 ) + -1021 (Jan. 2019 ) = $-3,644 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.

Target Corp's net issuance of stock for the three months ended in Jan. 2019 was $-189 Mil. Target Corp paid $189 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.

Target Corp's net issuance of debt for the three months ended in Jan. 2019 was $-503 Mil. Target Corp spent $503 Mil paying down its 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.

Target Corp's net issuance of preferred for the three months ended in Jan. 2019 was $0 Mil. Target Corp paid $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.

Target Corp's cash flow for dividends for the three months ended in Jan. 2019 was $-334 Mil. Target Corp spent $334 Mil paying cash dividends to shareholders.

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

Target Corp's other financing for the three months ended in Jan. 2019 was $5 Mil. Target Corp received $5 Mil on other financial activities.


Related Terms


Headlines

From GuruFocus

Wall Street Down on Wednesday
Wall Street Down on Wednesday

By Omar Venerio about TGT 2019-05-22 16:13:28

From the Internet

TGT
How Much China?: Cramer's 'Mad Money' Recap

- theStreet 2019-05-22 19:15:00

TGT
What Happened in the Stock Market Today --

- Fool 2019-05-22 17:03:00

TGT
FAANG Could Take a Bite Into Tesla -- ICYMI

- theStreet 2019-05-22 16:25:00

TGT
Target Is a Buy Above This Key Moving Average

- theStreet 2019-05-22 11:50:00

TGT
Fed's FOMC Minutes In Focus

- Zacks 2019-05-22 09:38:00

TGT
More Retail Earnings, Plus New FOMC Minutes

- Zacks 2019-05-22 09:29:00

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK