The Motley Fool

OCTOBER 9, 2024

It's an extension of the digital-transformation initiatives the company began in 2020 to drive productivity and efficiency gains. The new collaboration will enable Enbridge to leverage AI powered by Microsoft Azure machine learning across its operations. Microsoft's technology has been the foundation of that strategy. million-$219.9

Leveraging 241

Leveraging Amortization Depreciation Earnings Before Interest 241

The Motley Fool

AUGUST 6, 2023

For Berkshire, that meant its position in Apple grew from 5.39% in 2020 to 5.55% in 2021 without purchasing a single share. For comparison, Kroger's net leverage ratio at the end of its fiscal first quarter 2023 was a much-healthier 1.3 at the end of its first quarter of 2023. times EBITDA. times EBITDA.

Stakes 246

Stakes Debt Leveraging Shareholders 246

The Motley Fool

MARCH 25, 2024

The company claimed it could deliver a compound annual growth rate (CAGR) of 40%, taking revenue from $140 million in 2020 to $388 million in 2023 while expanding its gross margin from 30% to 50% and keeping its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) margins in the high teens.

Mergers and Acquisitions 242

Mergers and Acquisitions Investing Enterprise Values Amortization 242

The Motley Fool

APRIL 4, 2024

In fact, back in 2020, the midstream company slashed its distribution in half. Approximately 90% of Energy Transfer's 2024 earnings before interest, taxes, depreciation, and amortization ( EBITDA ) is projected to come from fee-based activities. However, everything has not always been smooth for the company.

Enterprise Values 189

Enterprise Values Depreciation Leveraging Debt 189

The Motley Fool

MAY 14, 2024

billion in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) and $1.2 It's telling that revenue declined in 2023, and not 2020 or 2021. Sirius XM is also starting to pay down its long-term debt since that bearish leverage peaked in 2022. It has posted an annual profit every year since 2010.

Amortization 246

Amortization Depreciation Earnings Before Interest Shareholders 246

The Motley Fool

JUNE 16, 2023

Energy Transfer, on the other hand, cut its distribution in half in 2020 as the energy industry faced difficult times during the early days of the pandemic. 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.

Mergers and Acquisitions 246

Mergers and Acquisitions Debt Amortization Depreciation 246

The Motley Fool

AUGUST 3, 2024

Vail is skiing by 2024's challenges Despite facing a trio of cyclical challenges, Vail managed to grow earnings before interest, taxes, depreciation, and amortization (EBITDA) , earnings per share , and free cash flow (FCF) by 11%, 17%, and 28%, respectively, in its all-important third quarter. Image source: Getty Images.

Amortization 246

Amortization Depreciation Earnings Before Interest Leveraging 246

The Motley Fool

AUGUST 28, 2023

The company noted that current leverage is at 3.1 times adjusted EBITDA (earnings before interest, taxes, depreciation and amortization), but that it should go down to 2.3 After all, VPE was the parent company that brought Vertiv public through a special-purpose acquisition company (SPAC) in early 2020.

Amortization 246

Amortization Depreciation Earnings Before Interest Shareholders 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

SEPTEMBER 10, 2023

And instead of the negative adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) it reported in the first quarter of this year ($31 million), Upstart actually brought in $11 million on this front in the second quarter. Upstart is also automating more of the loans processed on its platform.

Amortization 241

Amortization Depreciation Earnings Before Interest Leveraging 241

The Motley Fool

APRIL 24, 2024

Thanks to fast portfolio growth and impressive operating leverage, servicing income reached $273 million. In 2020, we used Pyro to process 150 million pages of data. during the first quarter, minimizing our amortization expense. This leverage is the payoff from the intense focus on technology and operations that Jay discussed.

Leveraging 246

Leveraging Amortization Bidding Collateral 246

The Motley Fool

MARCH 11, 2025

Enterprise Products Partners increased its distribution in 2020 and has now increased its distribution annually for 26 consecutive years. 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.

Leveraging 130

Leveraging Debt Amortization Depreciation 130

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 Amortization 130

The Motley Fool

AUGUST 20, 2024

Its revenue plunged 73% in fiscal 2020 and declined 66% in fiscal 2021. That rising leverage made Carnival a risky stock to hold as interest rates rose, and its stock sank to a 30-year low of $6.38 Carnival's core business is recovering The pandemic severely disrupted Carnival's growth in fiscal 2020 and fiscal 2021.

Enterprise Values 130

Enterprise Values Debt Leveraging Amortization 130

The Motley Fool

APRIL 21, 2024

It all started when the pandemic hit in 2020, sending its already high growth rate to the stratosphere. Revenue jumped by 90% in 2020, and by 54% in 2021. For instance, the tech company has leveraged its infrastructure and consumer base to launch new services like online groceries, food delivery, streaming, etc. billion in 2021.

Investors 130

Investors Leveraging Amortization Depreciation 130

The Motley Fool

APRIL 10, 2024

times leverage and a distribution-coverage ratio of 1.6 Leverage for MPLX is its consolidated net debt divided by its twelve-month trailing adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ). Midstream companies typically look to carry leverage between 3.0-4.0 A coverage ratio of over 1.0

Leveraging 130

Leveraging Amortization Depreciation Earnings Before Interest 130

The Motley Fool

APRIL 20, 2024

This BDC focuses on smaller companies that generate between $10 million to $50 million in earnings before interest, taxes, depreciation, and amortization (EBITDA), where there tends to be less competition for funding. at fair value at the end of 2020. of its portfolio at cost and 0.5% at cost and 3.4% on a fair value basis.

Capital 130

Capital Initial Public Offering Collateral Debt 130

The Motley Fool

JANUARY 22, 2024

It does this by investing in debt or equity to companies with earnings before interest, taxes, depreciation, and amortization (EBITDA) between $10 million and $250 million. BDCs use leverage to boost their payouts to shareholders, which could exacerbate losses in a poor economic environment. Ares Capital's debt-to-equity of 1.03

Capital 130

Capital Leveraging Debt Banks 130

The Motley Fool

JUNE 24, 2024

Chevron is ready for the next downturn Reuben Gregg Brewer (Chevron): West Texas Intermediate (WTI) crude prices fell to zero in 2020 thanks to the economic upheaval caused by the coronavirus pandemic. Chevron increased its dividend in 2020, even though the energy downturn eventually pushed its bottom line into the red.

Leveraging 130

Leveraging Amortization Depreciation Earnings Before Interest 130

The Motley Fool

NOVEMBER 1, 2024

million at the end of 2020 to 8.77 From 2020 to 2023, SoFi's adjusted revenue grew at a compound annual growth rate (CAGR) of 49%, from $621 million to $2.07 From 2020 to 2023, SoFi's adjusted revenue grew at a compound annual growth rate (CAGR) of 49%, from $621 million to $2.07 million in the second quarter of 2024.

Mergers and Acquisitions 130

Mergers and Acquisitions Banks Financial Services Amortization 130

The Motley Fool

SEPTEMBER 22, 2024

That's the lowest leverage among the company's closest peers (and would actually be low for any company in any industry). Simply put, low leverage gives Chevron the wherewithal to prosper in any oil market. When oil prices recover, as they always have, Chevron reduces its leverage in preparation for the next downturn.

Leveraging 130

Leveraging Debt Shareholders Amortization 130

The Motley Fool

OCTOBER 24, 2024

Ares Capital is a business development company ( BDC ) that provides financing for middle-market companies (businesses that generate between $10 million and $250 million in earnings before interest, taxes, depreciation, and amortization ( EBITDA ) every year). It invests between $30 million and $500 million in debt and equity in each company.

Capital 130

Capital Debt Amortization Depreciation 130

The Motley Fool

OCTOBER 17, 2024

While Energy Transfer cut its distribution in half in 2020 to help repair its balance sheet, the distribution is higher today than before the cut. 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 target range. It plans to spend around $3.1

Enterprise Values 130

Enterprise Values Depreciation Amortization Earnings Before Interest 130

The Motley Fool

NOVEMBER 23, 2023

The online lending marketplace went public at $20 in December 2020, and its stock hit an all-time high of $390 the following October before dropping back to about $26. Upstart (NASDAQ: UPST) has been a tough stock to hold over the past three years.

Enterprise Values 130

Enterprise Values Banks Amortization Education 130

The Motley Fool

OCTOBER 13, 2024

Cathie Wood built a name for herself and her investment firm Ark Invest by racking up some huge gains between 2017 and 2020 in the exchange-traded fund Ark Innovation ETF (NYSEMKT: ARKK). However, since 2020 the ETF's performance has been much more volatile, including a 67% decline in 2022 followed by a nearly 68% gain in 2023.

Investors 130

Investors Depreciation Exchange-Traded Funds Enterprise Values 130

The Motley Fool

JULY 31, 2024

Since our last earnings call on April 30, I am pleased to announce that we are making solid progress on our path forward of one, simplifying the business; two, operational performance improvement and three, reducing leverage. We have reduced our leverage to 8.48 One, a $4 million increase in interest expense. times as compared to 8.76

Debt 246

Debt Assets Leveraging Finance 246

The Motley Fool

OCTOBER 5, 2024

This also weighed on the shares, which plunged nearly 60% in 2020. Finally, Carnival lifted its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) guidance for the full year to $6 billion -- that's up by nearly $200 million from guidance, given a few months ago, and represents a 40% increase from last year.

Shareholders 130

Shareholders Debt Amortization Depreciation 130

The Motley Fool

MARCH 17, 2024

Notably, leverage is back to manageable levels, with the company's debt-to-EBITDA ( earnings before interest, taxes, depreciation, and amortization ) ratio of around 3.6 Leverage is right in line with management's target as well, which allows the company to shift from defense to offense. back in line with its peers.

Leveraging 130

Leveraging Amortization Depreciation Earnings Before Interest 130

The Motley Fool

DECEMBER 13, 2024

Metric 2019 2020 2021 2022 2023 Consumer Revenue Growth 1.4% (2.8%) 7.6% Moreover, the wireless group's earnings before interest, taxes, depreciation, and amortization ( EBITDA ) margins reached 43.4% Verizon generated 76% and 22% of its revenue from its consumer and business groups, respectively, in 2023. in 2023 and 40.2%

Amortization 130

Amortization Depreciation Earnings Before Interest Debt 130

The Motley Fool

JUNE 9, 2024

Metric Q1 2020 Q1 2021 Q1 2022 Q1 2023 Q1 2024 Comparable operating margin (non-GAAP) 30.7% I can point to the strong balance sheet where the latest net debt leverage ratio of 1.6 times earnings before interest, taxes, depreciation, and amortization ( EBITDA ) is below the company's announced target range of 2 to 2.5

Amortization 130

Amortization Depreciation Earnings Before Interest Debt 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. When the dividend started to grow again, management laid out a plan for large annual dividend boosts through 2020.

Amortization 130

Amortization Depreciation Earnings Before Interest Assets 130

The Motley Fool

MARCH 8, 2024

Its comparable store sales (or "comps") rose 19% in fiscal 2020 , which ended in Jan. Chewy's high-growth days might be over Chewy's revenue surged 47% in fiscal 2020 (which ended in Jan. It also pays a decent forward yield of 2.6%, and it's raised that payout annually for 52 consecutive years.

Amortization 130

Amortization Depreciation Earnings Before Interest Leveraging 130

The Motley Fool

FEBRUARY 28, 2025

Most notably and uniquely, our lower middle market strategy provides attractive leverage points and income yield on our first-lien debt investments while also creating a true partnership with the management teams and other equity owners of our portfolio companies through our flexible and highly aligned equity ownership structures.

Capital 130

Capital Asset Management Debt Leveraging 130

The Motley Fool

SEPTEMBER 10, 2024

It has also declined more than 97% from its all-time high in December 2020. All of that red ink, dilution, and leverage could make it a tough stock to own as long as interest rates stay elevated. However, it still narrowed its net loss from $125.3 million to $68.9 million, or $0.16 per share, which matched the consensus forecast.

Mergers and Acquisitions 130

Mergers and Acquisitions Amortization Depreciation Earnings Before Interest 130

The Motley Fool

AUGUST 13, 2023

Unfortunately, concerns about the slowing growth of Magnite's connected TV (CTV) business, its shrinking margins, high leverage, and long-term competitive threats all overshadowed its earnings beat. Its adjusted EPS fell 36% to $0.09 but also cleared the consensus forecast by six cents. Image source: Getty Images.

Mergers and Acquisitions 130

Mergers and Acquisitions Leveraging Amortization Depreciation 130

The Motley Fool

FEBRUARY 29, 2024

Formerly known as Raytheon Technologies, the company merged with United Technologies in 2020. However, based on EBITDA (earnings before interest, taxes, depreciation, and amortization) estimates of $13 billion this year, it has a debt-to-EBITDA ratio of 3.3 -- an uncomfortable but manageable amount of leverage.

Debt 130

Debt Amortization Depreciation Earnings Before Interest 130

The Motley Fool

NOVEMBER 30, 2023

Wood famously predicted Tesla would hit $3,000 per share (split-adjusted) back in 2018, which it did, and shares of her flagship Ark Innovation ETF (NYSEMKT: ARKK) doubled in 2020 as growth stocks and tech stocks rallied during the early stages of the pandemic. Is Roku a buy? million in the third quarter.

Amortization 130

Amortization Depreciation Earnings Before Interest Leveraging 130