Returned capital ex debt (cash to shareholders) is a measure of how much cash a company returns to its shareholders through dividends and share buybacks. It shows how much cash a company distributes to its shareholders from its free cash flow. Free cash flow is the cash that a company has left after paying for its operating expenses and capital investments. The formula for returned capital ex debt (cash to shareholders) is:
Returned capital ex debt (cash to shareholders) = (Trailing 12-month dividends paid * -1) + (TTM Net Share Repurchases * -1)
Where:
- Trailing 12-month dividends paid is TM021,
ttm_dvds_paid
- TTM Net Share Repurchases is TM022,
ttm_net_capital_stock