The Motley Fool

AUGUST 3, 2024

It ended the quarter with leverage of 3 times. It defines leverage as net debt adjusted for equity credit in junior subordinated notes (hybrids) divided by adjusted EBITDA. This leverage is considered low in the midstream space given the strong cash flow these companies generate. The stock now has a forward yield of about 7.2%

Depreciation 130

Depreciation Leveraging Enterprise Values Amortization 130

The Motley Fool

MAY 21, 2024

times average enterprise value (EV) -to- EBITDA multiple between 2011 and 2016, while today most midstream stocks trade at under a 10 times multiple. EV/EBITDA tends to be the most used metric to value midstream companies, as it takes into consideration their debt positions and takes out non-cash expenses.

Leveraging 130

Leveraging Enterprise Values Debt Assets 130

The Motley Fool

JUNE 23, 2024

Meanwhile, the company ended the first quarter with 3 times leverage, which it defines as net debt adjusted for equity credit in junior subordinated notes (hybrids) divided by adjusted interest, taxes, depreciation, and amortization ( EBITDA ). This has come down from the over 4 times leverage it was at in 2017.

Amortization 130

Amortization Depreciation Enterprise Values Leveraging 130

The Motley Fool

DECEMBER 2, 2024

Enterprise's consistency stems from its largely fee-based model, where the company only takes on minimal commodity or spread risk. Meanwhile, it has historically been conservative with its leverage, distribution coverage ratio, and growth capital expenditure (capex) spending. on average, between 2011 and 2016.

Debt 130

Debt Enterprise Values Depreciation Assets 130

The Motley Fool

NOVEMBER 2, 2024

Based on its DCF, Enterprise's distribution coverage ratio was 1.7x. It ended the quarter with leverage of 3x, which it defines as net debt adjusted for equity credit in junior subordinated notes (hybrids) divided by adjusted EBITDA. On that front, Enterprise trades at a forward EV/EBITDA multiple of 9.5

Depreciation 130

Depreciation Debt Enterprise Values Amortization 130

The Motley Fool

AUGUST 9, 2023

We continue to leverage Genworth's substantial LTC expertise to develop innovative aging care services and solutions and a new CareScout services business. They operate as a closed system, leveraging existing reserves and capital, earn premiums, as well as future new premiums, under the LTC multiyear rate action plan to cover liabilities.

Legal 100

Legal Liabilities Taxes Accounting 100

JMI Equity

MAY 31, 2024

Agiloft is a leading provider of data-first CLM software, enabling legal, procurement, sales and other departments to streamline and leverage their contracting efforts. Since 2011, KKR portfolio companies have awarded billions of dollars in equity to over 100,000 non-senior management employees across more than 40 portfolio companies.

Legal 40

Legal Leveraging Hedge Funds Enterprise Values 40

The Motley Fool

DECEMBER 21, 2023

All of this leaves us firmly placed on our path back to achieve investment-grade leverage metrics by 2026. It's the biggest example yet of how we leverage our scale and will be doubling down when we bring over her sister ship, Carnival Firenze in 2024. And we welcomed Seabourn Pursuit, our second expedition ship.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Debt Leveraging Returns 130

Pension Pulse

SEPTEMBER 28, 2023

However, the US investor has been involved in the Costa Group journey for much longer than that, having been a majority owner of the company prior to its 2015 initial public offering (IPO) on the ASX with its first equity stake acquired in 2011, back when its name was Paine + Partners. per share 1.

Shareholders 52

Shareholders Finance Financing Banks 52

The Motley Fool

JANUARY 12, 2025

It's also nicely improved its balance sheet over the past few years so that its leverage is now in the lower half of its targeted 4 times to 4.5 Meanwhile, it plans to buy back stock once its leverage target is achieved. times range. It is looking to grow its distribution by 3% to 5% a year moving forward. Image source: Getty Images.

Investing 246

Investing Taxes Enterprise Values Leveraging 246

The Motley Fool

DECEMBER 28, 2024

Despite Energy Transfer's strong position to benefit from the increasing power needs associated with AI, it is one of the cheapest MLP midstream stocks, trading at a forward enterprise value (EV)- to- EBITDA ratio of 8.8 The EV-to-EBITDA ratio is one of the most common ways to value pipeline stocks given their debt and growth capex.

Enterprise Values 246

Enterprise Values Shareholders Leveraging Debt 246

The Motley Fool

DECEMBER 28, 2024

An early mover in the direct banking market SoFi, which is short for Social Finance, was founded in 2011. That deal could enable SoFi to generate more fee-based revenue without increasing its leverage. At $16, it has an enterprise value of $16.2 Should investors buy SoFi's stock right now? respectively.

Mergers and Acquisitions 245

Mergers and Acquisitions Banks Enterprise Values Amortization 245

The Motley Fool

FEBRUARY 19, 2025

With its balance sheet and leverage in good shape, it appears well positioned to tackle this growth opportunity. From a valuation perspective, the stock trades at an enterprise value (EV) -to-EBITDA multiple of about 8.5 times between 2011 and 2016. billion in distributions with its DCF given its projected EBITDA growth.

Enterprise Values 211

Enterprise Values Leveraging Prospects Returns 211

The Motley Fool

FEBRUARY 8, 2025

Enterprise Products Partners had a distribution coverage ratio of 1.8 It ended 2024 with a leverage ratio of 3.1 (It This is generally considered a low leverage ratio for the midstream industry, where levels between 3.5 that the average midstream master limited partnership (MLP) traded at between 2011 and 2016.

Companies 130

Companies Enterprise Values Depreciation Leveraging 130

The Motley Fool

JANUARY 26, 2025

In addition, the company has a solid balance sheet with low leverage for the industry. Enterprise's distribution coverage ratio came in at a robust 1.7 Meanwhile, it ended the quarter with leverage of 3 times. Midstream companies typically carry leverage from 3x to 4.5x

Taxes 130

Taxes Depreciation Leveraging Enterprise Values 130

The Motley Fool

MARCH 29, 2025

Enterprise currently carries leverage (net debt adjusted for equity credit in junior subordinated notes/EBITDA) of around 3.1 It currently trades at an enterprise value (EV) -to-EBITDA multiple of 10, which is the most common metric used to value midstream companies.

Enterprise Values 130

Enterprise Values Debt Amortization Depreciation 130

The Motley Fool

FEBRUARY 20, 2025

That said, the company has really improved its balance sheet and leverage over the past few years, so it is in good shape to pursue these additional opportunities. An attractive value Despite its strong performance and burgeoning growth opportunities, Energy Transfer continues to trade at both a relative and a historical discount.

Investing 130

Investing Depreciation Enterprise Values Amortization 130

The Motley Fool

JANUARY 4, 2025

In addition to these growth opportunities in front of it, Energy Transfer is cheap compared to its peers and from a historical level, trading at an enterprise value (EV) -to- EBITDA (earnings before interest, taxes, depreciation, and amortization) multiple of just 8.4 times between 2011 and 2016. billion.

Enterprise Values 130

Enterprise Values Amortization Depreciation Earnings Before Interest 130

The Motley Fool

MARCH 31, 2025

Learn More Midstream companies, meanwhile, now operate with lower leverage and have more robust coverage for their distributions. times that midstream master limited partnerships (MLPs) averaged between 2011 and 2016. Western Midstream's balance sheet is in stellar shape, with leverage below 3x, and it generated $1.3

Enterprise Values 182

Enterprise Values Leveraging Amortization Depreciation 182