SOLE (Sole Elite Group) Cash Flow from Financing: $-32.62 Mil (TTM As of Dec. 2014)


What is Sole Elite Group Cash Flow from Financing?

Sole Elite Group SOLE Cash Flow from Financing is $-32.62 Mil as of Dec. 2014.

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. 2014, Sole Elite Group paid $0.00 Mil more to buy back shares than it received from issuing new shares. It spent $0.42 Mil paying down its debt. It paid $0.00 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $33.61 Mil paying cash dividends to shareholders. It received $1.41 Mil on other financial activities. In all, Sole Elite Group spent $32.62 Mil on financial activities for the six months ended in Dec. 2014.

Sole Elite Group  (NAS:SOLE) 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.

Sole Elite Group's issuance of stock for the six months ended in Dec. 2014 was $0.00 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.

Sole Elite Group's repurchase of stock for the six months ended in Dec. 2014 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.

Sole Elite Group's net issuance of debt for the six months ended in Dec. 2014 was $-0.42 Mil. Sole Elite Group spent $0.42 Mil paying down its 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.

Sole Elite Group's net issuance of preferred for the six months ended in Dec. 2014 was $0.00 Mil. Sole Elite Group 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.

Sole Elite Group's cash flow for dividends for the six months ended in Dec. 2014 was $-33.61 Mil. Sole Elite Group spent $33.61 Mil paying cash dividends to shareholders.

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

Sole Elite Group's other financing for the six months ended in Dec. 2014 was $1.41 Mil. Sole Elite Group received $1.41 Mil on other financial activities.

Sole Elite Group Cash Flow from Financing Related Terms

Sole Elite Group Cash Flow from Financing Historical Data

* Premium members only.

The historical data trend for Sole Elite Group'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.

Sole Elite Group Cash Flow from Financing Chart

Sole Elite Group Annual Data
Trend Dec12 Dec13 Dec14
Cash Flow from Financing
-8.50 -12.35 -32.62

Sole Elite Group Semi-Annual Data
Dec12 Dec13 Dec14
Cash Flow from Financing -8.50 -12.35 -32.62

Sole Elite Group 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.

Sole Elite Group's Cash from Financing for the fiscal year that ended in Dec. 2014 is calculated as:

Cash Flow from Financing(A: Dec. 2014 )
=Issuance of Stock+Repurchase of Stock+Net Issuance of Debt+Net Issuance of Preferred Stock+Cash Flow for Dividends+Other Financing
=0+0+-0.416+0+-33.61+1.408
=-32.62

Sole Elite Group's Cash from Financing for the quarter that ended in Dec. 2014 is:

Cash Flow from Financing(Q: Dec. 2014 )
=Issuance of Stock+Repurchase of Stock+Net Issuance of Debt+Net Issuance of Preferred Stock+Cash Flow for Dividends+Other Financing
=0+0+-0.416+0+-33.61+1.408
=-32.62

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Cash Flow from Financing for the trailing twelve months (TTM) ended in Dec. 2014 was $-32.62 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 $-32.62 Mil mean?
Sole Elite Group (SOLE) has a Cash Flow from Financing of $-32.62 Mil as of Dec. 2014. Cash Flow from Financing is the amount of cash earned or paid from financing operations. View historical data for Sole Elite Group and its competitors.
Is Sole Elite Group's Cash Flow from Financing too high?
Sole Elite Group's current Cash Flow from Financing is $-32.62 Mil.
How does Sole Elite Group's Cash Flow from Financing compare to FORD and JCLY?
Sole Elite Group's Cash Flow from Financing of $-32.62 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Cash Flow from Financing depends on the Manufacturing - Apparel & Accessories 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 Sole Elite Group and its competitors. Sole Elite Group's current Cash Flow from Financing is $-32.62 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sole Elite Group stock overvalued right now?
Sole Elite Group (SOLE) has a current Cash Flow from Financing of $-32.62 Mil. The current Cash Flow from Financing is $-32.62 Mil. 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 Sole Elite Group (SOLE), the current Cash Flow from Financing is $-32.62 Mil as of Dec. 2014. 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.

Sole Elite Group Business Description

Sole Elite Group Ltd was formed on December 10, 2014. The Company, through its subsidiaries, is engaged in the business of designing, producing and selling shoe soles. It has four product lines: RB soles, MD soles, single color IP sole and dual color IP sole products. Its manufacturing facilities in China are located in Jinjiang, Fujian Province, which has a high concentration of footwear industry participants. Sports shoe soles are made of various materials, such as EVA, RB, PU, TPE, and TPU. The core materials of shoe soles are EVA and RB. The principal raw materials used in the production of its products are EVA, rubber, TPU, color dyes and other chemical additives. Its raw materials are sourced suppliers in the PRC located in Quanzhou, Fujian Province, which is close to its production facilities. It sells products to sportswear manufacturers that are based in China, including a number of companies in the athletic wear market, including Li-Ning, 361º, ERKE and Anta. It also sells products to OEM footwear companies for international athletic brands, such as Taiwan Ching Luh, which is an OEM footwear company that is a supplier to Adidas, Reebok, Mizuno and Under Armour in Asia. Customers use its products as components in the athletic footwear that it sells to end consumers, athletic wear companies and shoe distributors. Its customer includes Fujian Ching Luh Shoes Co., Ltd., which is an OEM footwear company that is a supplier to Adidas, Reebok, Mizuno and Under Armour. Its direct competition comes from various shoe sole production companies in China, such as Multi Sports Holding Ltd., Victory New Materials Limited Company, Fenghua SoleTech AG, Tai Ya Shoes Co., Ltd., Mao Tai (Fujian) Soles Co., Ltd. and Xing Quan International Sports Holdings Limited. It currently hold four PRC patents. The Company is subject to all China's national and local laws and regulations, including those related to environmental protection, foreign currency, property ownership and taxation.