Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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
six
months ended in Mar. 2026,
Imperial Brands paid£809 Mil more to buy back shares than it received from issuing new shares.
It received£1,228 Mil from issuing more debt.
It paid£0 Mil more to buy back preferred shares than it received from issuing preferred shares.
It spent£637 Mil paying cash dividends to shareholders.
It spent£384 Mil on other financial activities.
In all, Imperial Brandsspent£602 Mil on financial activities for the
six
months ended in Mar. 2026.
Imperial Brands (CHIX:IMBl) 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.
Imperial Brands's issuance of stock for the
six
months ended in Mar. 2026 was £0 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.
Imperial Brands's repurchase of stock for the
six
months ended in Mar. 2026 was £-809 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.
Imperial Brands's net issuance of debt for the
six
months ended in Mar. 2026 was £1,228 Mil.
Imperial Brands received£1,228 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.
Imperial Brands's net issuance of preferred for the
six
months ended in Mar. 2026 was £0 Mil.
Imperial Brands 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.
Imperial Brands's cash flow for dividends for the
six
months ended in Mar. 2026 was £-637 Mil.
Imperial Brands spent£637 Mil paying cash dividends to shareholders.
6. Other Financing:
Money spent or earned by company from other financial activities.
Imperial Brands's other financing for the
six
months ended in Mar. 2026 was £-384 Mil.
Imperial Brands spent£384 Mil on other financial activities.
Imperial Brands Cash Flow from Financing Related Terms
Imperial Brands Cash Flow from Financing Historical Data
* Premium members only.
The historical data trend for Imperial Brands'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.
Imperial Brands 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.
Imperial Brands's Cash from Financing for the fiscal year that ended in Sep. 2025 is calculated as:
Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-3,358 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.
What does a Cash Flow from Financing of £-3,358 Mil mean?
Imperial Brands (CHIX:IMBL) has a Cash Flow from Financing of £-3,358 Mil as of Mar. 2026. Cash Flow from Financing is the amount of cash earned or paid from financing operations. View historical data for Imperial Brands and its competitors.
Is Imperial Brands' Cash Flow from Financing too high?
Imperial Brands' current Cash Flow from Financing is £-3,358 Mil. Overall, Imperial Brands has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Imperial Brands' Cash Flow from Financing compare to PM and MO?
Imperial Brands' Cash Flow from Financing of £-3,358 Mil can be compared against companies in the Tobacco Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Flow from Financing for a Tobacco Products company?
A good Cash Flow from Financing depends on the Tobacco Products industry context. However, Cash Flow from Financing should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Flow from Financing mean?
A high Cash Flow from Financing can signal that a stock is expensive relative to its fundamentals. Cash Flow from Financing is the amount of cash earned or paid from financing operations. View historical data for Imperial Brands and its competitors. Imperial Brands's current Cash Flow from Financing is £-3,358 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Imperial Brands stock overvalued right now?
Based on GuruFocus' analysis, Imperial Brands (CHIX:IMBL) is currently considered Significantly Overvalued. The stock's GF Value™ is £14.94, compared to a current price of £27.88 — trading 86.6% above its estimated fair value. The current Cash Flow from Financing is £-3,358 Mil. Imperial Brands' overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Flow from Financing calculated?
Cash Flow from Financing is calculated from a company's financial statements. For Imperial Brands (CHIX:IMBL), the current Cash Flow from Financing is £-3,358 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Imperial Brands (CHIX:IMBL) Overvalued in 2026?
Based on GuruFocus' analysis, Imperial Brands stock appears to be overvalued.
The current stock price of £27.88 is trading 86.6% above its estimated GF Value™ of £14.94.
GuruFocus considers Imperial Brands to be Significantly Overvalued.
Key valuation signals for CHIX:IMBL:
Cash Flow from Financing: £-3,358 Mil
GF Value™: £14.94 vs. price of £27.88 (86.6% above fair value)
No single metric tells the full story. See the CHIX:IMBL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Imperial Brands is the world's fourth-largest international tobacco company (excluding China National Tobacco), with total fiscal 2025 volume of 187 billion cigarettes sold in more than 120 countries. Its largest and most important markets are the US (where it sits as the third-largest manufacturer, following its acquisition of the Winston and Blu brands), Germany, the UK, Spain, and Australia. The firm also holds a leading global position in the fine-cut tobacco and hand-rolling paper categories. It has a logistics platform in Western Europe, Altadis.
66GF Score
Get the complete analysis for CHIX:IMBL
Cash Flow from Financing is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:IMBL has been successfully added to your 
