The Motley Fool

MAY 14, 2024

billion in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) and $1.2 Sirius XM initiated quarterly distributions in late 2016, and the rate has gone up every year. Sirius XM is also starting to pay down its long-term debt since that bearish leverage peaked in 2022. The model works.

Amortization 246

Amortization Depreciation Earnings Before Interest Shareholders 246

The Motley Fool

JUNE 16, 2023

For example, its ratio of debt to EBITDA ( earnings before interest, taxes, depreciation, and amortization ) is generally among the lowest of its closest peer group. Acquisitions are partly to blame for that trend, but investors need to understand that leverage increases risk. That isn't the only thing to consider.

Mergers and Acquisitions 246

Mergers and Acquisitions Debt Amortization Depreciation 246

The Motley Fool

DECEMBER 28, 2023

The company is paying about 10 times estimated 2024 earnings before interest, taxes, depreciation, and amortization ( EBITDA ) for these assets. times leverage ratio , down significantly from 4.8 That implies they will supply it with about $200 million of incremental earnings next year. billion to $6.8 times in 2018.

Prospects 246

Prospects Amortization Depreciation Earnings Before Interest 246

The Motley Fool

AUGUST 18, 2023

However, a crucial part of being an industrial conglomerate is using cash flow and financial leverage to acquire or internally develop new businesses. billion in net debt compared to earnings before interest, taxes, depreciation, and amortization ( EBITDA ) of about $9.5

Conglomerates 246

Conglomerates Amortization Depreciation Earnings Before Interest 246

The Motley Fool

MARCH 11, 2025

As the chart below highlights, Energy Transfer's debt-to- EBITDA (earnings before interest, taxes, depreciation, and amortization) ratio has come down materially over the past decade. In fact, Enterprise's leverage is generally at the low end of the industry relative to similarly sized peers. No company is perfect, but why settle?

Leveraging 130

Leveraging Debt Amortization Depreciation 130

The Motley Fool

APRIL 3, 2025

In fact, the company's debt-to-EBITDA ( earnings before interest, taxes, depreciation, and amortization ) is actually lower today than it was at the start of 2023. What's interesting is that Enbridge's leverage is right in line with some of the largest utilities, and its business has a notable utility component to it. Data by YCharts.

Leveraging 130

Leveraging Debt Amortization Depreciation 130

The Motley Fool

AUGUST 3, 2024

Its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ), meanwhile, climbed 10% to nearly $2.4 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.

Depreciation 130

Depreciation Leveraging Enterprise Values Amortization 130

The Motley Fool

OCTOBER 17, 2024

The company's balance sheet is currently in good shape, with leverage (as used by rating agencies) toward the low end of its 4x to 4.5x EBITDA, meanwhile, excludes non-cash depreciation expenses that would otherwise be included with earnings. times average EV/EBITDA multiple between 2011 and 2016. target range.

Enterprise Values 130

Enterprise Values Depreciation Amortization Earnings Before Interest 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

NOVEMBER 2, 2024

Its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) also rose 5% to nearly $2.44 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. It produced distributable cash flow (DCF) of $1.96

Depreciation 130

Depreciation Debt Enterprise Values Amortization 130

The Motley Fool

MARCH 30, 2024

Meanwhile, Kinder Morgan has been working to reduce leverage, with its debt-to-EBITDA ( earnings before interest, taxes, depreciation, and amortization ) ratio falling 30% from its peak levels in 2018. Kinder Morgan cut its dividend by 75% in 2016. But here's where a bit of a complication comes in. Sell Kinder Morgan?

Amortization 130

Amortization Depreciation Earnings Before Interest Assets 130

The Motley Fool

JUNE 26, 2023

If you had invested $25,000 in The Trade Desk 's (NASDAQ: TTD) initial public offering (IPO) in 2016, your investment would be worth $1.07 Its redesigned platform Solimar leverages artificial intelligence to gather more first-party data for targeted ads. million today. CTV ad spending in just the U.S. Its Unified ID 2.0

Initial Public Offering 130

Initial Public Offering Amortization Depreciation Earnings Before Interest 130

The Motley Fool

JUNE 24, 2024

As shown in the chart above, the company adds leverage during weak patches to continue investing in its business and paying dividends. When the market recovers, it reduces leverage to prepare for the next downturn. That includes years like 2014-2016, when oil prices plunged, forcing some oil and gas companies to cut their dividends.

Leveraging 130

Leveraging Amortization Depreciation Earnings Before Interest 130

The Motley Fool

DECEMBER 2, 2024

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

Debt 130

Debt Enterprise Values Depreciation Assets 130

The Motley Fool

SEPTEMBER 10, 2024

The key numbers Broadcom, which was known as Avago until it acquired the original Broadcom in 2016, previously generated most of its revenue by selling chips for the mobile device, data center, networking, wireless, storage, and industrial chip markets. Image source: Getty Images.

Debt 130

Debt Amortization Depreciation Earnings Before Interest 130

The Motley Fool

SEPTEMBER 8, 2023

Enbridge is shifting the mix In 2016, nearly three-quarters of Enbridge's earnings before interest, taxes, depreciation, and amortization (EBITDA) was derived from its oil pipelines. That's not uncommon for acquisitions and will help the company maintain its leverage within management's target levels.

Amortization 130

Amortization Depreciation Earnings Before Interest Assets 130

The Motley Fool

AUGUST 21, 2023

The company posted revenue growth of 23% to $464 million, and its margins improved from a year ago, with adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) improving from 37% to 39%. In a difficult environment in the digital advertising industry, The Trade Desk continues to deliver strong results.

Debt 130

Debt Amortization Depreciation Earnings Before Interest 130

The Motley Fool

OCTOBER 23, 2024

While Berkshire has owned the Liberty Media tracking stock since 2016, which tracked Liberty's large stake in Sirius, Berkshire has increased its bet on the satellite radio operator this year, ahead of the tracking stock's merger with publicly traded Sirius shares in a simplification merger in September.

Mergers and Acquisitions 130

Mergers and Acquisitions Stakes Debt Conglomerates 130

The Motley Fool

AUGUST 27, 2023

However, with $62 billion of non-cancellable leases on its books -- and generating over $5 billion annually in earnings before interest, taxes, depreciation, and amortization (EBITDA) -- the company should easily handle its debt obligations. Now trading with its highest-ever 3.5%

Debt 130

Debt Amortization Depreciation Earnings Before Interest 130

The Motley Fool

APRIL 25, 2024

We've been an AI-first company since 2016, pioneering many of the modern breakthroughs that power AI progress for us and for the industry. You can imagine we started building TPUs in 2016. So it's a very leveraged way to do it, and I see that as a real opportunity ahead. First, our foundation of research leadership.

Bidding 240

Bidding Assets Depreciation Capital 240

The Motley Fool

FEBRUARY 27, 2025

Where appropriate, we may refer to non-GAAP financial measures to evaluate our business, specifically adjusted EBITDA, a measure of earnings before interest, taxes, depreciation, amortization, and share-based compensation. And then as we look ahead in 2016, we'll layer on Medicine PANOVA there with those launches.

Amortization 130

Amortization Taxes Financing Finance 130

Pension Pulse

OCTOBER 22, 2024

Our increased participation in Cubico is aligned with PSP Investments’ long-term investment approach and strategy to leverage industry-specific platforms and develop strong partnerships with liked-minded investors and skilled operators,” commented Guthrie Stewart, Senior Vice President and Global Head of Private Investments at PSP Investments. “We

Pension Funds 59

Pension Funds Investing Assets Enterprise Values 59

The Motley Fool

AUGUST 17, 2023

We leverage the Activate platform daily within our organization. And the most exciting part is that we're just getting started, and we have significant opportunity ahead of us to continue to leverage our partners and our learnings. Since 2016, we have closed 495 stores. Now, let's briefly review our Q2 marketing results.

Securities and Exchange Commission (SEC) 246

Securities and Exchange Commission (SEC) Debt Taxes Leveraging 246

The Motley Fool

MARCH 7, 2024

I firmly believe Duluth Trading is uniquely positioned to expand its reach, and I am excited to leverage my experience to drive our next phase of profitable growth. million and leveraged 250 basis points to 44.3% EPS was weighed down by noncash depreciation expenses from infrastructure investments. million or 5.2%

Depreciation 100

Depreciation Leveraging Mergers and Acquisitions Capital 100

The Motley Fool

AUGUST 9, 2024

Following my comments, David and Jesse will provide additional comments regarding our investment strategy, investment portfolio, financial results, capital structure and leverage, and our expectations for the third quarter of 2024. After which, we'll be happy to take your questions.

Capital 130

Capital Asset Management Securities and Exchange Commission (SEC) Debt 130

The Motley Fool

AUGUST 4, 2023

Following my comments, David and Jesse will provide additional comments regarding our investment strategy, investment portfolio, financial results, capital structure and leverage, and our expectations for the third quarter, after which we'll be happy to take your questions. We are very pleased with our performance in the second quarter.

Capital 147

Capital Asset Management Securities and Exchange Commission (SEC) Assets 147

The Motley Fool

FEBRUARY 13, 2024

These improved trends, combined with the strong operating performance and the positive impact on the initiatives we implemented, resulted in a 20% year-over-year growth in adjusted operating income, 28% growth in adjusted EPS, and a return of our leverage ratio back to the target range. I'll share three points for additional color.

Banks 100

Banks Leveraging Amortization Depreciation 100

The Motley Fool

FEBRUARY 22, 2024

From 2016 through 2020, Maravai acquired companies, including TriLink BioTechnologies and Cygnus Technologies in 2016, Glen Research in 2017. The capability and infrastructure additions that came from pandemic-era investments give us a foundation for exceptional operating leverage going forward. This was Maravai 1.0,

Taxes 130

Taxes Liabilities Banks Assets 130

The Motley Fool

JULY 27, 2023

Looking ahead, we see tremendous opportunities to leverage the combined capabilities of the STACK to drive more effective and personalized marketing, enhanced customer service levels, better forecasting, pricing and promotional tactics, and efficiency gains for our sales associates.

Capital 130

Capital Leveraging Taxes Debt 130

The Motley Fool

FEBRUARY 7, 2024

Prismic will enhance our mutually reinforcing business system and drive future growth by leveraging our differentiated brands, global asset and liability origination capabilities, and multichannel distribution. In addition, we entered into a reinsurance agreement with Somerset Re for a $12.5 Institutional Retirement sales of $14.3

Mergers and Acquisitions 130

Mergers and Acquisitions Capital Assets Liabilities 130

The Motley Fool

FEBRUARY 28, 2024

As we further ramp occupancy toward historical levels, you can see both the revenue opportunity and the operating leverage inherent in our marine platform as we attract more and more guests while maintaining strong pricing discipline across the expanded fleet. Turning to the balance sheet.

Amortization 100

Amortization Depreciation Capital Debt 100

The Motley Fool

FEBRUARY 15, 2024

For those who don't know what EBITDA is, it's earnings before interest, taxes, depreciation, and amortization, so think of it as earnings before really everything that matters. I'm not a big fan of adjusting anything, but management does get paid on what's called adjusted EBITDA. A lot of their incentives are tied to that.

Due Diligence 130

Due Diligence Assets Companies Amortization 130

The Motley Fool

AUGUST 8, 2023

distribution and four-wall profitability in stores; three, evaluating a transition of our international direct go-to-market strategy toward a distributor model; and four, improving overall gross margin and leverage on operating expenses. SG&A, excluding depreciation and stock-based compensation, increased just $4.5

Capital 100

Capital Leveraging Accounting Depreciation 100

The Motley Fool

JANUARY 30, 2024

We are in a strong financial position, ending the year with a net leverage ratio of 1.6 Additionally, a headwind to gross profit and EPS, but not EBITDA, is that depreciation is up approximately 15% relative to 2023 due to tooling associated with the launch of new products introduced last year. I think the rest of the pieces play out.

Liabilities 130

Liabilities Financing Finance Capital 130

Pension Pulse

JULY 4, 2023

If you dig back into the archives you will see that Thames has been in trouble for some time with accusations that Macquarie chronically under-invested in it and that the current investors over-leveraged it. Beckley left the bank in 2016 and is now at TPG in London. It’s all wrong!

Pension Funds 52

Pension Funds Debt Shareholders Stakes 52

Pension Pulse

MAY 24, 2023

The Canadian dollar depreciated against the U.S. Other categories affecting our total cost profile include taxes and expenses associated with various forms of leverage. We initially acquired our stake in 2016. This had a positive impact on investment returns with a foreign currency gain of $25 billion.

Investing 52

Investing Stakes Pension Funds Assets 52

The Big Picture

SEPTEMBER 5, 2023

I mean, land appreciates and improvements depreciate, right, the way you should think of it. And they found on average, when you have a crisis that originates in the finance sector due to too much leverage, too much speculation, on average markets get cut in half and real estate loses about 30% of its value. Why has that happened?

Taxes 52

Taxes Banks Resale Accounting 52