What is ChoiceOne Financial Services Cash Flow from Financing?
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,
ChoiceOne Financial Services received$0.06 Mil more from issuing new shares than it paid to buy back shares.
It received$20.00 Mil from issuing more debt.
It paid$0.00 Mil more to buy back preferred shares than it received from issuing preferred shares.
It spent$2.04 Mil paying cash dividends to shareholders.
It spent$11.14 Mil on other financial activities.
In all, ChoiceOne Financial Servicesearned$6.89 Mil on financial activities for the
three
months ended in Dec. 2023.
ChoiceOne Financial Services Cash Flow from Financing Historical Data
* 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.
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ChoiceOne Financial Services Cash Flow from Financing Chart
ChoiceOne Financial Services 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.
ChoiceOne Financial Services'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 $146.37 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.
ChoiceOne Financial Services (NAS:COFS) 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.
ChoiceOne Financial Services's issuance of stock for the
three
months ended in Dec. 2023 was $0.06 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.
ChoiceOne Financial Services's repurchase of stock for the
three
months ended in Dec. 2023 was $0.00 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.
ChoiceOne Financial Services's net issuance of debt for the
three
months ended in Dec. 2023 was $20.00 Mil.
ChoiceOne Financial Services received$20.00 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.
ChoiceOne Financial Services's net issuance of preferred for the
three
months ended in Dec. 2023 was $0.00 Mil.
ChoiceOne Financial Services paid$0.00 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.
ChoiceOne Financial Services's cash flow for dividends for the
three
months ended in Dec. 2023 was $-2.04 Mil.
ChoiceOne Financial Services spent$2.04 Mil paying cash dividends to shareholders.
6. Other Financing:
Money spent or earned by company from other financial activities.
ChoiceOne Financial Services's other financing for the
three
months ended in Dec. 2023 was $-11.14 Mil.
ChoiceOne Financial Services spent$11.14 Mil on other financial activities.
ChoiceOne Financial Services Cash Flow from Financing Related Terms
Thank you for viewing the detailed overview of ChoiceOne Financial Services's Cash Flow from Financing provided by GuruFocus.com. Please click on the following links to see related term pages.
ChoiceOne Financial Services (ChoiceOne Financial Services) Business Description
ChoiceOne Financial Services Inc is a full-service banking institution. It is engaged in the business of providing personal and business banking solutions, borrowing solutions, and treasury notes and bonds services. The bank's product and services portfolio consist of time, savings and demand deposits, safe deposit services, automated transaction machine services, commercial and consumer loans, commercial lending to business, industry, agricultural, construction, inventory, and real estate categories. Its primary market area is Kent, Muskegon, Newaygo, and Ottawa counties in western Michigan, and Lapeer, Macomb, and St. Clair counties in southeastern Michigan in the communities where the Bank's respective offices are located.
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