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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
six
months ended in Dec. 2025,
Heriot REIT paidR874 Mil more to buy back shares than it received from issuing new shares.
It receivedR794 Mil from issuing more debt.
It paidR0 Mil more to buy back preferred shares than it received from issuing preferred shares.
It spentR208 Mil paying cash dividends to shareholders.
It spentR42 Mil on other financial activities.
In all, Heriot REITspentR329 Mil on financial activities for the
six
months ended in Dec. 2025.
Heriot REIT (JSE:HET) 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.
Heriot REIT's issuance of stock for the
six
months ended in Dec. 2025 was R0 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.
Heriot REIT's repurchase of stock for the
six
months ended in Dec. 2025 was R-874 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.
Heriot REIT's net issuance of debt for the
six
months ended in Dec. 2025 was R794 Mil.
Heriot REIT receivedR794 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.
Heriot REIT's net issuance of preferred for the
six
months ended in Dec. 2025 was R0 Mil.
Heriot REIT paidR0 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.
Heriot REIT's cash flow for dividends for the
six
months ended in Dec. 2025 was R-208 Mil.
Heriot REIT spentR208 Mil paying cash dividends to shareholders.
6. Other Financing:
Money spent or earned by company from other financial activities.
Heriot REIT's other financing for the
six
months ended in Dec. 2025 was R-42 Mil.
Heriot REIT spentR42 Mil on other financial activities.
Heriot REIT Cash Flow from Financing Related Terms
Heriot REIT Cash Flow from Financing Historical Data
* Premium members only.
The historical data trend for Heriot REIT'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.
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.
Heriot REIT's Cash from Financing for the fiscal year that ended in Jun. 2025 is calculated as:
Cash Flow from Financing for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-651 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 R-651 Mil mean?
Heriot REIT (JSE:HET) has a Cash Flow from Financing of R-651 Mil as of Dec. 2025. Cash Flow from Financing is the amount of cash earned or paid from financing operations. View historical data for Heriot REIT and its competitors.
Is Heriot REIT's Cash Flow from Financing too high?
Heriot REIT's current Cash Flow from Financing is R-651 Mil. Overall, Heriot REIT has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Heriot REIT's Cash Flow from Financing compare to VICI and WPC?
Heriot REIT's Cash Flow from Financing of R-651 Mil can be compared against companies in the REITs 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 REITs company?
A good Cash Flow from Financing depends on the REITs 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 Heriot REIT and its competitors. Heriot REIT's current Cash Flow from Financing is R-651 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heriot REIT stock overvalued right now?
Based on GuruFocus' analysis, Heriot REIT (JSE:HET) is currently considered Fairly Valued. The stock's GF Value™ is R24.25, compared to a current price of R26.00 — trading 7.2% above its estimated fair value. The current Cash Flow from Financing is R-651 Mil. Heriot REIT's overall GF Score™ is 66/100 with 13 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 Heriot REIT (JSE:HET), the current Cash Flow from Financing is R-651 Mil as of Dec. 2025. 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 Heriot REIT (JSE:HET) Overvalued in 2026?
Based on GuruFocus' analysis, Heriot REIT stock appears to be overvalued.
The current stock price of R26.00 is trading 7.2% above its estimated GF Value™ of R24.25.
GuruFocus considers Heriot REIT to be Fairly Valued.
Key valuation signals for JSE:HET:
Cash Flow from Financing: R-651 Mil
GF Value™: R24.25 vs. price of R26.00 (7.2% above fair value)
No single metric tells the full story. See the JSE:HET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heriot REIT Ltd is a South African real estate investment trust. The company's primary segments include retail, industrial, office, specialized, residential, and others. While the majority of the revenue is earned from the Retail segment. The primary objective of the company is to develop or acquire yield-enhancing assets within Southern Africa to create a stable and diverse portfolio for the purposes of generating capital growth and securing escalating net rental income streams. Geographically, the company operates in Gauteng, Western Cape, KwaZulu-Natal, North West, Mpumalanga, Limpopo, Free State, and Namibia.
66GF Score
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Cash Flow from Financing is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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