The Motley Fool

MAY 11, 2024

Enterprise ended the quarter with leverage of 3x. It defines leverage as net debt adjusted for equity credit in junior subordinated notes (hybrids) divided by adjusted EBITDA. The company is also in solid financial shape concerning its debt load. Prior to the COVID-19 pandemic in 2019, the company spent $4.3

Depreciation 241

Depreciation Enterprise Values Leveraging Debt 241

The Motley Fool

OCTOBER 8, 2023

Carnival (NYSE: CCL) is one of the companies that's still being affected by the pandemic, both by the aftereffects of restrictions and by the financial leverage it took to get through the pandemic. In fiscal 2019, occupancy was 106.9%, so pushing any higher than today seems unlikely. billion last quarter.

Enterprise Values 246

Enterprise Values Debt Leveraging Funds 246

The Motley Fool

OCTOBER 21, 2024

In the early and mid-2010s, the company overly leveraged its balance sheet, leading to a 75% dividend cut during the downturn of 2015. However, it has reduced its long-term debt net of cash by 35% in the last 10 years. KMI net total long-term debt (quarterly); data by YCharts. per share to $0.25

Exchange-Traded Funds 130

Exchange-Traded Funds Debt Assets Leveraging 130

Private Equity Professional

OCTOBER 18, 2024

The company was acquired by KKR in February 2019 and went public in July 2024 with KKR remaining as a significant shareholder. Through this partnership, Ascend aims to transform the FP&A sector, leveraging Achieve’s workforce expertise to build a more resilient talent pipeline.”

Education 100

Education Finance Financing Consulting 100

The Motley Fool

SEPTEMBER 10, 2023

In addition, closed-end funds can use leverage to attempt to generate outsized returns and dividends for investors. A rising rate environment can pressure high-yield corporate debt as better-quality debt is likely to become available as rates rise. Fund shares are listed on stock exchanges and have varying degrees of liquidity.

Funds 246

Funds Leveraging Assets Debt 246

Private Equity Professional

SEPTEMBER 20, 2024

In December 2019, AMG acquired GAR Electroforming , a Connecticut-based provider of electroformed components for the aerospace and defense industries. TPG Twin Brook was the administrative agent on the debt financing to support IGP’s buy of AMG. IGP was founded in 1997 and is based in San Francisco.

Leveraged Buyouts 130

Leveraged Buyouts Buyout Finance Financing 130

The Motley Fool

FEBRUARY 3, 2024

billion -- which finally surpassed its pre-pandemic revenue in fiscal 2019 -- as it carried 62% more passengers and finally achieved an occupancy percentage of 100%. That recovery seems promising, but Carnival turned unprofitable over the past three years and took on a lot of debt to stay solvent during the pandemic. billion to $28.5

Debt 246

Debt Leveraging Returns Investors 246

The Motley Fool

SEPTEMBER 2, 2023

For many years, there were a lot of opportunities for midstream companies to grow, and investors were happily willing to help finance that via the equity and debt markets. billion in 2019 and hit a nadir of $1.6 billion, which is still materially below 2019 levels. Times have changed. To be fair, capital spending has fallen.

Companies 246

Companies Earnings Before Interest Amortization Depreciation 246

The Motley Fool

APRIL 20, 2024

The other important aspect to look at when it comes to the safety of a company's dividend is its leverage, which is its net debt divided by its earnings before interest, taxes, depreciation, and amortization (EBITDA). Altria ended 2023 with leverage of 2.2 Looking at its balance sheet, Vector ended 2023 with leverage of 2.6

Leveraging 130

Leveraging Investing Debt Earnings Before Interest 130

The Motley Fool

APRIL 27, 2024

Metric Fiscal 2019 Fiscal 2020 Fiscal 2021 Fiscal 2022 Fiscal 2023 Stock Buybacks $66.1 AAPL Net Total Long Term Debt (Quarterly) data by YCharts Apple doesn't rely on leverage to operate its business. billion, while its term debt was $106 billion. Apple also has a massive capital return program. billion on dividends.

Stock Market 246

Stock Market Stock Market Leveraging Banks 246

The Motley Fool

FEBRUARY 12, 2024

The company now holds a significant amount of debt. Management plans to divest non-core assets to accelerate the paydown of that debt. It did something similar following the Anadarko acquisition in 2019 and the subsequent drop in oil prices in 2020.

Enterprise Values 240

Enterprise Values Conglomerates Debt Earnings Before Interest 240

Private Equity Insights

NOVEMBER 27, 2023

“Aligned with our capital allocation priorities, we plan to use the proceeds from this transaction to repay debt, which will accelerate our timeline to reach our debt leverage objective,” L3Harris said in a statement. Morgan Stanley and Moelis & Co were financial advisers to L3Harris, while J.P. Source: Yahoo!

Private Equity Firms 130

Private Equity Firms Private Equity Firms Debt Leveraging 130

The Motley Fool

JULY 5, 2023

As long as demand remains strong, the cruise lines should be able to begin digging themselves out of the large debt holes they find themselves in. billion last quarter, and were 17% higher than 2019 levels. On the other hand, if demand doesn't materialize, that debt is a two-edged sword that could send the stocks back down.

Debt 238

Debt Leveraging Prospects Investors 238

The Motley Fool

JUNE 13, 2024

In 2019, it outbid Chevron to buy Anadarko Petroleum. Although famed investor Warren Buffett helped the company complete the transaction, it left Oxy with a heavily leveraged balance sheet right as the energy market crashed. The debt-to-equity ratio has gone from around 1.9 times debt-to-equity ratio at Chevron.

Debt 130

Debt Leveraging Investors Returns 130

The Motley Fool

SEPTEMBER 10, 2023

Between 2019 and 2022, Crocs' diluted earnings per share (EPS) rose at a compound annual rate of 74%. By leveraging its fixed costs, management has quickly increased net income. Profitability is superb, but Crocs currently carries a $2 billion debt burden, primarily from the $2.5 billion purchase of HeyDude in December 2021.

Debt 246

Debt Leveraging Stakes Accounting 246

The Motley Fool

APRIL 27, 2024

billion cigarettes in 2019. AT&T has a dominant position but a lot of debt AT&T has a sizable 6.7% AT&T's balance sheet is heavily leveraged because of this. While the use of leverage isn't unusual in the cellphone space, its debt-to-equity ratio of 1.3 To put a number on that, the company produced 76.3

Leveraging 130

Leveraging Debt Taxes Investors 130

The Motley Fool

MAY 23, 2024

BMS is dealing with the loss of patent protection for its cancer medication Revlimid, which it gained through its acquisition of Celgene in 2019. Acquisitions are slow-burn value creators in the pharmaceutical industry, frequently adding significant debt to a company's balance sheet. BMY Debt to Equity Ratio (Annual) data by YCharts.

Debt 130

Debt Shareholders Leveraging Portfolios 130

The Motley Fool

JANUARY 22, 2024

Chevron can now afford to go on the offensive again Over the last 15 years, ExxonMobil and Chevron have been trading places between which company is spending more money and has more debt and which company is being conservative. billion three years ago to under $10 billion today and Chevron reducing its net debt position from $38.2

Debt 245

Debt Stakes Leveraging Capital 245

The Motley Fool

OCTOBER 8, 2023

Lastly, it continued to rack up steep losses while increasing its leverage with more convertible debt offerings. First, it repeatedly reduced its production targets as it grappled with supply chain constraints. Second, it issued several safety-related recalls. With an enterprise value of $17.5

Portfolios 246

Portfolios Enterprise Values Leveraging Debt 246

The Motley Fool

OCTOBER 1, 2024

Lower oil prices would be a particularly bad look for companies that took on debt to accelerate production growth or those that made a splashy acquisition. They improved their balance sheets by lowering their leverage. Metric 2019 2020 2021 2022 2023 5-Year Total ExxonMobil net income $14.34 billion ($22.44 billion) $23.04

Leveraging 130

Leveraging Debt Banks Returns 130

The Motley Fool

JUNE 16, 2024

Its revenues more than doubled from fiscal 2019 to fiscal 2023, soaring from $4 billion to $9.6 What's more, the athleisure company managed to keep its balance sheet free of debt, thus insulating itself from the impacts of surging interest rates over the past two years. billion -- a compound annual growth rate (CAGR) of 24.7%.

Leveraging 243

Leveraging Stakes Prospects Debt 243

The Motley Fool

FEBRUARY 10, 2024

One of the plan's key components is cost savings of $15 billion between 2019 and 2027, with $9 billion in savings expected between 2019 and 2023. billion in structural cost savings between 2019 and 2023. The company lowered its long-term debt position by 7.6% Structural cost savings On Dec. Specifically, Exxon noted $2.3

Debt 130

Debt Capital Leveraging Assets 130

The Motley Fool

APRIL 1, 2024

However, the deal adds some additional risk because Occidental is using debt to fund most of the transaction (it's assuming $1.2 billion of CrownRock's debt and issuing $9.1 billion of new debt). It will use that additional retained cash to repay debt, ensuring it maintains a strong financial foundation after closing the deal.

Debt 130

Debt Leveraging Capital Returns 130

Private Equity Professional

AUGUST 12, 2024

Leveraged buyout volumes remained down from historical highs in Q2 2024, as did EBITDA purchase price multiples, which decreased from 11.5x Despite the decrease, this still compares favorably to the average dating back to 2019 of 58.7%, indicating aggregate growth remains strong. in the second half of 2023 to 11.1x

Buyout 100

Buyout Enterprise Values Leveraged Buyouts Leveraging 100

The Motley Fool

SEPTEMBER 30, 2024

Carnival will deliver its first fiscal fourth-quarter profit since fiscal 2019. The leveraged balance sheet is still a pressure point, but with interest rates moving lower and Carnival putting its good fortune to work by prepaying $7.3 billion of its debt since the start of last year, it's making the right moves.

Leveraging 130

Leveraging Debt Financing Finance 130

The Motley Fool

MAY 12, 2024

Over the next several years, the company expects to free up another $1 billion in annual free cash flow due to cost savings related to its midstream and downstream assets, plus reductions to its total debt levels. Improved well performance is coming even as unit costs remain flat.

Stakes 246

Stakes Shareholders Assets Leveraging 246

The Motley Fool

DECEMBER 28, 2023

Net per diems for its North American brands -- an industry metric that cranks out the average net revenue per passenger for each cruise day -- is up double digits for Carnival compared to 2019. It had to take on new debt at high rates. Carnival has more than $30 billion in debt, and that is a lot of leverage.

Debt 130

Debt Leveraging Financing Finance 130

The Motley Fool

OCTOBER 16, 2024

I don't know actually how you would go about in a country that has as much debt as China does throughout the system, actually stimulating demand without creating more debt. The debt issues in China, it's like if you throw a marble into a centrifuge. Asia is the only region that has not recovered to back where they were in 2019.

Debt 130

Debt Liabilities Leveraging Companies 130

The Motley Fool

MAY 23, 2024

The near-term priority is to reduce debt A stronger operating environment for Melco Resorts & Entertainment will go a long way in helping the company manage its large debt position. billion in total debt, against $1.3 Favorably, the trend is already moving in the right direction with total debt down from as high as $8.4

Debt 130

Debt Leveraging Assets Returns 130

The Motley Fool

NOVEMBER 20, 2023

More importantly, its top-line showing was 33% ahead of where it was during the same seasonally potent summertime quarter in 2019. With geopolitical events weighing on near-term sailings, its projected occupancy percentage for the current quarter is well shy of where it was in the holiday quarter of 2019. a share in the fourth quarter.

Debt 130

Debt Leveraging Financing Finance 130

The Motley Fool

MARCH 4, 2024

Oxy is known for supporting an expensive capital spending program, leveraging its balance sheet with debt to accelerate growth or afford an acquisition, and being extremely optimistic about the output of the Permian Basin in West Texas and Eastern New Mexico. with, you guessed it, mostly debt.

Stakes 130

Stakes Debt Leveraging Banks 130

Private Equity Insights

NOVEMBER 16, 2023

We believe Global Blue is well-positioned to continue to benefit from the return of Asian shoppers in FY24/25 towards 2019 levels, in particular Mainland Chinese, supporting our Adjusted EBITDA guidance of more than €200m in FY24/25.” Net Debt / Adjusted EBITDA.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Legal Investing 130

The Motley Fool

AUGUST 22, 2023

As a result, CrowdStrike has amassed a war chest of $3 billion in cash and investments versus just $740 million in long-term debt. CrowdStrike has retained more than 97% of its customers each quarter since 2019. That said, the company's operating leverage has vastly improved in recent periods, pointing to profitability at scale.

Leveraging 130

Leveraging Debt Assets Companies 130

The Motley Fool

JANUARY 9, 2024

American Tower will use the cash proceeds from the deal to repay debt. The REIT has focused on deleveraging its balance sheet over the last few years to pay down debt related to a couple of large-scale acquisitions it made in 2021, including buying data center REIT CoreSite Realty. Falling leverage will put the REIT's 3.2%-yielding

Asset Management 130

Asset Management Assets Leveraging Debt 130

The Motley Fool

MAY 6, 2024

Nio's deliveries rose 81% in 2019, 113% in 2020, and 109% in 2021. billion) in 2019 to 20.3 However, its high debt-to-equity ratio of 3.4 Nio's persistent losses and high leverage could limit its gains as long as interest rates stay elevated. That strategy addresses the lengthy charging times for traditional EVs.

Initial Public Offering 130

Initial Public Offering Leveraging Debt Returns 130

The Motley Fool

JUNE 25, 2024

The company aims to grow its service revenue to $28 billion by 2026, doubling its service revenue from 2016 , by leveraging data and artificial intelligence to allow it to proactively service equipment to avoid interruptions -- making its long history of dividend raises more sustainable. Should you invest $1,000 in Caterpillar right now?

Debt 130

Debt Leveraging Capital Shareholders 130

The Motley Fool

DECEMBER 12, 2023

The transaction will increase Occidental's scale in the Permian Basin, enabling it to leverage its operations to reduce costs. billion (including the assumption of debt), while Chevron is buying Hess for $60 billion (including the assumption of its debt). billion of new debt and assuming $1.2 It's only using $1.7

Mergers and Acquisitions 100

Mergers and Acquisitions Debt Leveraging Assets 100