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. Trust The next big issue here is less tangible.

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

MAY 29, 2024

Enterprise's business model has seen the company consistently grow its distributable cash flow (DCF) per unit (operating cash flow minus maintenance capital expenditures [ capex ]) most years, while keeping it pretty steady during difficult environments, such as when oil prices collapsed during 2014-2016. How about tax-deferred distributions.

Leveraging 130

Leveraging Taxes Enterprise Values Debt 130

The Motley Fool

MAY 29, 2024

Enterprise's business model has seen the company consistently grow its distributable cash flow (DCF) per unit (operating cash flow minus maintenance capital expenditures [ capex ]) most years, while keeping it pretty steady during difficult environments, such as when oil prices collapsed during 2014-2016. How about tax-deferred distributions.

Leveraging 130

Leveraging Taxes Enterprise Values Debt 130

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

JUNE 26, 2024

Low historic industry valuations Between 2011 to 2016, midstream companies on average traded at an enterprise value (EV) -to- EBITDA (earnings before interest, taxes, depreciation, and amortization) multiple of over 13.5 Today, multiples throughout the industry are much lower.

Depreciation 246

Depreciation Enterprise Values Amortization 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

SEPTEMBER 22, 2023

That's going to be something that gives it a lot more leverage and plenty of leverage now, just not as much as it used to have. I'd like to put my gross stocks in my Roth IRA because their growth in value won't be taxed. Some of the investments you mentioned, you're right, REITs are the most tax inefficient.

Taxes 246

Taxes Assets Accounting Portfolios 246

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

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

While similar, distributions include a return on capital that is untaxed until the units are typically sold, making them tax-deferred. However, investors do receive what is called a K-1 and must fill out some extra tax forms. EV to EBITDA = enterprise-value-to-EBITDA (earnings before interest, taxes, depreciation, and amortization).

Enterprise Values 130

Enterprise Values Depreciation Amortization Earnings Before Interest 130

The Motley Fool

NOVEMBER 15, 2024

We also got some commentary from Shopify President Harvey Finkelstein, about just how the company is helping its merchants with taxes, how wonderful what are your highlights from the quarter? I remember Tom Gardner was up in Canada in summer of 2016 and Ian Butler and I said, hey, let's introduce you to something.

Taxes 246

Taxes Education Debt Accounting 246

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

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

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

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

SEPTEMBER 1, 2024

Both represent the same entity, but they have slightly different tax considerations. And its steadily rising distribution, which has had a compound annual growth rate of 6% since 2016, is proof that investors will benefit as Brookfield Renewable grows. It expects its leverage ratio to be below 3.9 this year and fall toward 3.6

Asset Management 130

Asset Management Assets Shareholders Leveraging 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

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. Our adjusted tax rate for the quarter was approximately 19%, as compared to 19% in the prior year.

Securities and Exchange Commission (SEC) 246

Securities and Exchange Commission (SEC) Debt Taxes Leveraging 246

The Motley Fool

APRIL 24, 2024

We are well-positioned to drive growth for HashiCorp by leveraging IBM's enterprise incumbency and global reach. We have leveraged watsonx to build AI assistance through our software portfolio. And finally, we are seeing our infrastructure segment play a larger role as clients leverage their hardware investments in their AI strategies.

Consulting 130

Consulting Consultants Leveraging Taxes 130

The Motley Fool

JULY 27, 2023

First, we're expanding in payments by continuing to win deals with a diverse set of customers, powering growth and acceptance, capturing a prioritized set of new payment flows, and exploring new ways to ensure payment choice by leveraging multiple alternatives, including card rails, ACH, blockchain, and open banking. includes a $0.22

Banks 189

Banks Leveraging Taxes Accounting 189

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

The Motley Fool

OCTOBER 15, 2024

This activity is consistent with how customers are spending money in the 2016 to 2019 timeframe. billion in net income after tax. With NII now growing and complementing our fee growth along with our continued solid expense discipline, we expect to return to operating leverage as we move through the quarters in 2025. Alastair M.

Banks 130

Banks Leveraging Assets Capital 130

The Motley Fool

FEBRUARY 22, 2024

On a statutory accounting basis, pre-tax income for the U.S. billion earnings -- pre-tax earnings benefits in 2023 from LTC in-force rate actions and settlements were offset by higher claims as the blocks age. Our second strategic priority is to leverage Genworth's LTC expertise to develop new, innovative aging services and solutions.

Liabilities 130

Liabilities Legal Taxes Debt 130

The Motley Fool

OCTOBER 23, 2024

Across the world, we are leveraging our scale and local expertise to navigate varying local market dynamics. In Japan and South Korea, we had solid volume growth and won value share due to good traction on brand relaunches which leveraged enhanced taste and refreshed packaging and stepped-up performance in e-commerce channels.

Leveraging 130

Leveraging Taxes Portfolios Prospects 130

The Motley Fool

NOVEMBER 4, 2024

Meanwhile, our leverage profile continues to improve as free cash flow grows, allowing us to increase the return of capital to shareholders through the recurring dividend and opportunistic share repurchases. Opex excluding gaming tax per day was $4.2 The opex excluding gaming tax was approximately $2.55 billion in the U.S.

Leveraging 130

Leveraging Capital Debt Shareholders 130

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

APRIL 25, 2024

We are doing this by enhancing our innovation playbook, accelerating sustainability and software offerings, increasing penetration of our installed base, and leveraging our leadership position in high-growth regions. While tax was a bit lighter relative to our first-quarter guide, our full-year tax expectations have not changed.

Leveraging 130

Leveraging Portfolios Banks Taxes 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

JULY 19, 2024

Average deposits also remained relatively stable while ending deposits declined modestly during the quarter, consistent with seasonal tax-related patterns. These declines in the second quarter reflect anticipated tax seasonality. years relative to the $50 million pre-tax loss recorded this quarter. That's helpful.

Leveraging 130

Leveraging Assets Capital Banks 130

The Motley Fool

FEBRUARY 6, 2024

Over 50% of that revenue growth coming from our non-rates businesses with nearly 40% of the revenue growth coming from our international business, which has averaged 18% since 2016. Muni has produced high single-digit growth driven by a pickup in tax loss harvesting, while credit derivatives continued to see softer industry trends.

Leveraging 130

Leveraging Assets Banks Taxes 130

The Motley Fool

AUGUST 1, 2024

They started with Cloudflare back in 2016 as a free customer and today use nearly all our products, spanning use cases as diverse as remote application access, workers, serverless development, and bot management. We expect operating income in the range of $50 million to $51 million, and we expect an effective tax rate of 11%.

Taxes 130

Taxes Funds Leveraging Liabilities 130