The Motley Fool

FEBRUARY 7, 2025

I've been with the company since 2013, and my favorite style is the SKX Float from our Skechers Basketball line. with the leverage primarily driven by improvements in distribution and outside services expenses. Our effective tax rate for the fourth quarter was 11.8% For the full year, our effective tax rate was 16.9%

Taxes 130

Taxes Leveraging Accounting Companies 130

The Motley Fool

NOVEMBER 21, 2024

Slide 14 concludes with our guidance for net income, effective tax rate, and operating cash flow. Next, our guidance incorporates an effective tax rate between 23% and 25%. Said more simply, we expect to deliver higher margins at trough than we did during the previous peak in 2013. billion to $5.5

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Funds Investors Shareholders 130

The Motley Fool

AUGUST 2, 2023

Since inception in 2013, when the company was formed by Fortress to take advantage of price dislocations created by higher capital requirements at the banks, we have executed on that plan. The company, which was started in 2013 with $1 billion of equity, has grown to over $7 billion of equity. Along the way, we've distributed $4.7

Capital 100

Capital Asset Management Assets Shareholders 100

The Motley Fool

AUGUST 2, 2023

We've also strengthened our operational relationship with Alvotech, helping them on manufacturing and quality where they can really leverage the scale and expertise we have at Teva. With that, this concludes my review of Teva's results for second quarter of 2013, and now I will hand it back to Richard for the summary.

Debt 188

Debt Assets Leveraging Portfolios 188

The Motley Fool

APRIL 18, 2024

Pro forma operating expenses as a percentage of revenue were 140 basis points lower than Q1 last year, reflecting planned leverage in enabling functions, partially offset by increased R&D to fund innovation and future growth. Our pro forma effective tax rate for the first quarter was 22.5%, consistent with our expectations.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Taxes Capital Banks 130

The Motley Fool

NOVEMBER 6, 2024

Lastly, from a cash flow perspective, in 2025, we are projecting annualized cash interest payments of $305 million to $315 million and annualized cash taxes of $130 million to $140 million. Finally, we are laser-focused on managing near-term debt levels and reducing net leverage through growth in free cash flow. That's helpful.

Capital 130

Capital Leveraging Taxes Portfolios 130

The Motley Fool

JANUARY 23, 2024

Excluding after-tax intangible asset amortization expense and special items for both periods, adjusted net earnings for the quarter were $5.6 Regarding taxes in the quarter, our effective tax rate was 14.4% Excluding special items, the effective tax rate was 10.8% Now let's look at adjusted income before tax by segment.

Taxes 100

Taxes Assets Portfolios Capital 100

The Motley Fool

OCTOBER 23, 2024

tax authorities in Q1 of '24 that requires a 20% VAT be applied to Clear Aligner sales in the U.K., The GAAP effective tax rate in the third quarter was 30.1% Our non-GAAP effective tax rate in the third quarter was 20%, which reflects our long-term projected tax rate. to offset a 2024 ruling by the U.K. year over year.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Financing Finance Taxes 130

The Motley Fool

FEBRUARY 20, 2024

At the time of our initial public offering in 2013, we were operating just eight markets across four states. Our pre-tax net income for the year was $261.8 Our effective tax rate last year was 23.9%, in line with the guidance we provided on our last call. Finally, we expect the full-year tax rate will range between 24% and 25%.

Debt 130

Debt Capital Taxes Initial Public Offering 130

The Motley Fool

JULY 31, 2024

If you look back in history in just a little bit, taking you backwards, company was started in 2013 with $1 billion of equity capital. And one of the things you'll see is the leverage of the overall platform. Our second-quarter pre-tax income was $248 million, delivering a 23% ROE, excluding mark-to-market on the owned portfolio.

Capital 130

Capital Amortization Shareholders Financing 130

The Motley Fool

JULY 20, 2023

times ratio, leaving us with a good amount of capacity under our leverage target of around 4.5 There's still a -- you know, we've gone through over the last couple of years the original legacy contracts from back in 2013, 2014. And if it is, what's the path to getting there given that leverage? Would it be acquisitions?

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Leveraging Debt Assets 100

The Motley Fool

AUGUST 1, 2024

Our growing payments penetration along with a concentrated effort to control costs, allowed us to demonstrate the leverage in our business model and deliver record quarterly adjusted EBITDA results. The combination of a growing top line and control costs are delivering improved operating leverage in our business. million from $1.6

Capital 130

Capital Leveraging Accounting Banks 130

The Motley Fool

MARCH 5, 2024

As we move forward, we'll leverage our 2017 acquisition of Chip to help us build unmistakable recognition for Target same-day delivery. And finally, after tax return on invested capital expanded by well over 3 percentage points from 12.6% In 2013, our U.S. billion or 70% of our digital growth between 2013 and 2023.

Leveraging 130

Leveraging Portfolios Assets Returns 130

The Motley Fool

MAY 9, 2024

So, to put that into perspective, 40 million ounce increase is about the same as the total demand that you had for photovoltaics in 2013. And Indians actually have to pay more for their silver because of 12% duties and taxes that they have now. And in 2024, there should be another 40 million ounces for solar. Now, let's go to Slide 4.

Capital 130

Capital Assets Leveraging Legal 130

The Motley Fool

FEBRUARY 14, 2024

We can invest approximately $500 million this year on a leverage-neutral basis, excluding any disposition proceeds, and without the need for any additional equity capital. We continue to leverage all three external growth platforms to find compelling risk-adjusted opportunities. of total acquisition volume for the quarter. Haendel St.

Debt 130

Debt Banks Capital Leveraging 130

The Motley Fool

FEBRUARY 15, 2024

As expected, and as we reported in the last quarterly call, we did see our net leverage ratio tick up from 2.2 Our goal remains to manage the net leverage ratio to be less than two times. After-tax cash flows discount of 5% is just over $300 million at $22 silver. times last quarter to 2.6 times this quarter.

Assets 130

Assets Banks Depreciation Capital 130

The Motley Fool

AUGUST 5, 2024

Better performance has helped us to reduce our net leverage ratio for the third consecutive quarter. Improving profits and strong cash management are also benefiting our net leverage, which declined sequentially again, coming in at three times in Q3, more than a full-turn lower than where we exited fiscal 2023. We ended Q3 with $4.8

Assets 130

Assets Leveraging Capital Shareholders 130

The Motley Fool

FEBRUARY 7, 2024

These trends are consistent with what's been reported over prior quarters, they're driven by improved occupancy growth and rental rate as well as a continued conversion from variable to fixed rent structures with CAM and tax recovery charges. Regarding leverage, can you please provide a full year -- end of year '24 target? Sure, Ravi.

Debt 130

Debt Assets Capital Banks 130

The Motley Fool

OCTOBER 31, 2023

To gain share, we will leverage our sales network to broaden and accelerate distribution of Moritex products and we will leverage our combined R&D capabilities to accelerate innovation. And as a result, we reported a pre-tax loss of $8.5 Another headwind to GAAP EPS was $4 million of unfavorable discrete tax expense.

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Amortization Capital Leveraging 100

The Motley Fool

AUGUST 8, 2023

Generally, these trends were due to improvements in occupancy and from continued conversion of selected leases from variable to fixed rent structures with full base rent and CAM and tax recovery charges. There were only three bankruptcies in the second quarter, and bankruptcies overall remained at their lowest level since 2013.

Assets 100

Assets Debt Financing Finance 100

Sara Grillo

MAY 8, 2023

They go crazy and paint it with BS statements like: Tax-free guaranteed income Can’t lose money asset Upside potential with downside protection Privatized banking Be your own bank Remember that there is a floor to the crediting rate, but that doesn’t mean you can’t lose money. It gets even worse in the case of using leverage.

Mutual Funds 59

Mutual Funds Collateral Taxes Leveraging 59

The Motley Fool

FEBRUARY 1, 2024

We ended the year with a consolidated leverage ratio of 3.0 Our leverage target remains three times plus or minus a quarter turn, so 2.75 Libby is one of our young all-stars who joined the company in 2013 and worked in commercial roles of increasing responsibility across several of our business units before joining the IR team in 2019.

Capital 130

Capital Debt Assets Banks 130

The Motley Fool

JULY 31, 2024

For fiscal year 2024, we achieved the highest gross margin percentage since the merging of Lam with Novellus in 2013, coming in at 48.2% Our non-GAAP tax rate for the quarter was 11.5%. Our June quarter results came in above the midpoint or exceeded our guidance ranges for all financial metrics. billion or 29% of revenue.

Banks 130

Banks Portfolios Capital Returns 130

The Motley Fool

JULY 20, 2023

On the liability side, current liabilities decreased by TWD 62 billion, mainly due to the net decrease of TWD 87 billion in income tax payable as we pay TWD 120 billion for 2022 income tax, offset by TWD 33 billion accrued tax payables for the second quarter. Overall, our cash balance decreased by TWD 109 billion to TWD 1.3

Taxes 100

Taxes Accounting Shareholders Capital 100

The Motley Fool

JANUARY 23, 2024

Improvements will leverage in our RISE program. You go back, for example, to I think 2013, our safety management system was really the first of its kind. Recently, NASA selected GE Aerospace for phase 2 of the Hybrid Thermally Efficient Core Program, which will significantly enhance fuel efficiency and reduce emissions.

Banks 130

Banks Capital Debt Public Companies 130

The Big Picture

MAY 9, 2023

So how do you then go from tax and audit practice to finance and investing? SALISBURY: So I led the European Special Situations Group from 2008 to 2013. If I’d moved to Hong Kong, I think it would have looked like a fairly self-serving tax trade. But I would say generally, there’s less leverage in the system.

Liabilities 119

Liabilities Assets Banks Hedge Funds 119

The Motley Fool

AUGUST 1, 2023

Our non-GAAP tax expense was $38 million this quarter compared to $33.2 And we expect to maintain approximately 20% tax rate on both GAAP and non-GAAP basis for the rest of the year. So, I would say that the majority of the less of a leverage that we're going to see in Q3, and again, Q4, we're not yet guiding.

Banks 100

Banks Leveraging Due Diligence Capital 100

The Big Picture

SEPTEMBER 12, 2022

BITTERLY MICHELL: Not in leveraged, no, not at all, give more …. there’s a big focus on how do we optimize for tax efficiency, too. It’s different wealth regimes, it’s different tax regimes. And you can get yield, and if we want to look at munis on a — on a tax-adjusted basis …. BITTERLY MICHELL: … risk management.

Banks 119

Banks Assets Capital Hedge Funds 119

Pension Pulse

MAY 22, 2024

Other categories affecting our total cost profile include taxes and expenses associated with various forms of leverage. Our original investment was made in 2013. Transaction-related expenses, which increased by $11 million, vary from year to year according to the number, size and complexity of our investing activities.

Investing 59

Investing Pension Funds Stakes Assets 59

The Big Picture

NOVEMBER 8, 2022

I mean, I didn’t want to blow my own trumpet up too much because most of the positions were in place, the quality funds, which more defensive and less leveraged, and low allocation to — a relatively low allocation to equities, and then the hedge funds sort of long/short positions that benefited in the financial crisis.

Financing 59

Financing Finance Banks Hedge Funds 59

The Big Picture

DECEMBER 6, 2022

I did in 2013 the largest banking transaction that the market had seen since the financial crisis, it was a $2.4 You have the liquidity, the tax efficiency, the transparency. I mean, I do think there is a market for leverage and inverse ETFs out there. billion deal. I was already an investor in ETFs at that point in time.

Mutual Funds 64

Mutual Funds Assets Funds Asset Management 64

Pension Pulse

MAY 24, 2023

Other categories affecting our total cost profile include taxes and expenses associated with various forms of leverage. Our original investment was made in 2013. Transaction-related expenses, which decreased by $151 million, vary from year to year according to the number, size and complexity of our investing activities.

Investing 52

Investing Stakes Pension Funds Assets 52

The Big Picture

JULY 29, 2024

We wanna be sure that our communications tools leverage large language models so they can be highly personalized. You mentioned the most important use case, which is tax management, also tax transition if you’re moving from one provider to another and you wanna manage your tax in the transition.

Taxes 59

Taxes Mutual Funds Financing Finance 59

The Motley Fool

NOVEMBER 1, 2024

Since 2013, we've averaged around 15 data center connections per year. So the first is a sort of fairly straightforward revenue requirement associated with cost of service buildup, so it's depreciation, maintenance, property taxes as applicable. We now expect to connect 16 data centers in 2024, up from 15 as of our last update.

Financing 130

Financing Finance Capital Debt 130

The Motley Fool

JULY 25, 2024

Our third priority is to fully leverage our breadth and scale across RTX to drive value for our stakeholders. was up 9% from the prior year, driven by segment operating profit growth as well as a lower share count, which was partially offset by expected headwinds from higher interest and tax expense and lower pension income.

Mergers and Acquisitions 130

Mergers and Acquisitions Legal Taxes Banks 130

The Motley Fool

SEPTEMBER 7, 2024

You can check the different individual accounts, but you start getting into things like leverage ratios. We find that from 2013 through 2019, it was clipping along in the '80s. While you are looking at the balance sheet, you'd be looking at the amount of debt a company has got, the amount of cash a company have got.

Debt 130

Debt Liabilities Assets Accounting 130

The Motley Fool

JULY 17, 2023

Looking ahead, management also gave new long-term guidance, calling for adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) per available passenger berth day (ALBD/APBD) to increase by 50% by 2026, reaching its highest level in almost two decades.

Amortization 245

Amortization Depreciation Earnings Before Interest Leveraging 245