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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 Feb. 2026,
Spear REIT paidR695.6 Mil more to buy back shares than it received from issuing new shares.
It receivedR187.7 Mil from issuing more debt.
It paidR0.0 Mil more to buy back preferred shares than it received from issuing preferred shares.
It receivedR0.0 Mil from paying cash dividends to shareholders.
It receivedR997.3 Mil on other financial activities.
In all, Spear REITearnedR489.3 Mil on financial activities for the
six
months ended in Feb. 2026.
Spear REIT (JSE:SEA) 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.
Spear REIT's issuance of stock for the
six
months ended in Feb. 2026 was R-697.1 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.
Spear REIT's repurchase of stock for the
six
months ended in Feb. 2026 was R1.4 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.
Spear REIT's net issuance of debt for the
six
months ended in Feb. 2026 was R187.7 Mil.
Spear REIT receivedR187.7 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.
Spear REIT's net issuance of preferred for the
six
months ended in Feb. 2026 was R0.0 Mil.
Spear REIT paidR0.0 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.
Spear REIT's cash flow for dividends for the
six
months ended in Feb. 2026 was R0.0 Mil.
Spear REIT receivedR0.0 Mil from paying cash dividends to shareholders.
6. Other Financing:
Money spent or earned by company from other financial activities.
Spear REIT's other financing for the
six
months ended in Feb. 2026 was R997.3 Mil.
Spear REIT receivedR997.3 Mil on other financial activities.
Spear REIT Cash Flow from Financing Related Terms
Spear REIT Cash Flow from Financing Historical Data
* Premium members only.
The historical data trend for Spear 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.
Spear REIT's Cash from Financing for the fiscal year that ended in Feb. 2026 is calculated as:
Cash Flow from Financing for the trailing twelve months (TTM) ended in Feb. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R1,243.8 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 R1,243.8 Mil mean?
Spear REIT (JSE:SEA) has a Cash Flow from Financing of R1,243.8 Mil as of Feb. 2026. Cash Flow from Financing is the amount of cash earned or paid from financing operations. View historical data for Spear REIT and its competitors.
Is Spear REIT's Cash Flow from Financing too high?
Spear REIT's current Cash Flow from Financing is R1,243.8 Mil. Overall, Spear REIT has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spear REIT's Cash Flow from Financing compare to VICI and WPC?
Spear REIT's Cash Flow from Financing of R1,243.8 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 Spear REIT and its competitors. Spear REIT's current Cash Flow from Financing is R1,243.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spear REIT stock overvalued right now?
Based on GuruFocus' analysis, Spear REIT (JSE:SEA) is currently considered Significantly Overvalued. The stock's GF Value™ is R6.79, compared to a current price of R12.80 — trading 88.5% above its estimated fair value. The current Cash Flow from Financing is R1,243.8 Mil. Spear REIT's overall GF Score™ is 64/100 with 12 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 Spear REIT (JSE:SEA), the current Cash Flow from Financing is R1,243.8 Mil as of Feb. 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 Spear REIT (JSE:SEA) Overvalued in 2026?
Based on GuruFocus' analysis, Spear REIT stock appears to be overvalued.
The current stock price of R12.80 is trading 88.5% above its estimated GF Value™ of R6.79.
GuruFocus considers Spear REIT to be Significantly Overvalued.
Key valuation signals for JSE:SEA:
Cash Flow from Financing: R1,243.8 Mil
GF Value™: R6.79 vs. price of R12.80 (88.5% above fair value)
No single metric tells the full story. See the JSE:SEA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spear REIT Ltd is a real estate investment trust. The company has five segments Industrial, Commercial, Retail, Development, and Non-property. The company generates majority of revenue from Industrial segment. The industrial portfolio comprises a diverse range of multi-let industrial properties, warehouses, logistics parks, and urban logistics facilities. The company has presence in Cape.
64GF Score
Get the complete analysis for JSE:SEA
Cash Flow from Financing is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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