This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Why did QuantumScape's stock skyrocket in 2020? billion in late 2020 even though it hadn't generated any revenue yet. billion in cash, cash equivalents, and marketable securities, while its low debt-to-equity ratio of 0.1 Based on its current enterprisevalue of $2.54 Its stock started trading at $24.80
The cruise line operator's revenue plunged in 2020 and 2021 as global travel ground to a halt during the pandemic, and it was forced to take on a lot more debt to stay solvent. Carnival also turned unprofitable in fiscal 2020 with a net loss of $2.2 billion in long-term debt, but that figure hit a whopping $29.5
Cruise lines took on a lot of additional debt during the pandemic-related shutdown in 2020 that lasted well into 2021. Its debt-saddled enterprisevalue is almost $50 billion. Reality can be kinder if Carnival uses its newfound profitability to pay down its debt and repurchase its shares. on Thursday.
That's why MicroStrategy's revenue grew at an anemic compound annual growth rate (CAGR) of less than 1% from 2010 to 2020. But in August 2020, MicroStrategy's co-founder and then-CEO Michael Saylor drove the company to start spending the software segment's cash on big Bitcoin purchases. And with an enterprisevalue of $2.9
First, 3M saddled Solventum with debt to shore up the balance sheet of the former as it faces multibillion-dollar legal settlements. Wall Street expects Solventum to end the year with $7 billion in net debt, and servicing the interest on the debt is eating into FCF. In 2020, 3M sold the majority of its drug delivery business.
So, in 2020, MicroStrategy Chief Executive Officer Michael Saylor directed the company to start buying Bitcoin with an initial purchase of $250 million. MicroStrategy's Bitcoin holdings now account for 30% of its enterprisevalue of $46.9 That rally would boost the value of its current Bitcoin holdings to $2.94
Granted, the company slashed its distribution in 2020 because it needed to pay down debt. However, Energy Transfer's debt load isn't as problematic now. Earlier this year, Fitch and S&P (upgraded the company's senior unsecured debt rating. Since 2020, Energy Transfer has increased its distribution significantly.
Despite its impressive performance in 2020 and 2021, it's no secret that Pfizer (NYSE: PFE) is in the process of reinventing itself. When it recently bought Seagen, a cancer biotech with advanced therapeutic technology, it was willing to take on $31 billion of debt to make the purchase. First, the company has plenty of money.
Under Saylor's direction, MicroStrategy bought its first $250 million of Bitcoin in 2020. billion and a market value of $24.5 MicroStrategy's Bitcoin portfolio is equal to about a third of the company's enterprisevalue of $73.3 It's also taking on a lot more debt and issuing more shares to fund those purchases.
After nearly doubling in value from 2020 to late 2021, Semtech stock is now down more than 80% from those late 2021 all-time-highs and remains near multi-decade lows. As for the cost of acquiring Sierra Wireless, Semtech paid an enterprisevalue of $1.2 Data by YCharts. Shares currently trade for about 2.7
MicroStrategy (NASDAQ: MSTR) , an enterprise software company that shifted its focus to buying and holding Bitcoin (CRYPTO: BTC) in 2020, could benefit from a split since its stock is trading close to $1,900 per share. billion in net debt since its spending spree began. billion at an average price of $35,160 each.
But in 2020, it ordered tens of thousands of top-tier ASIC miners and rebranded itself as a pure-play Bitcoin miner. That marked the first time its total cash and BTC holdings exceeded its total debt. Marathon's revenue soared from $4 million in 2020 to $150 million in 2021 as it deployed its first miners.
The dot-com crash and some accounting problems from 2018 to 2020 exacerbated its decline. But with its stock trading at about $2, Plug Power's enterprisevalue of $2.6 billion values the company at just two times next year's estimated sales. That deal could help it tread water and avoid taking on too much debt.
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. Buffett has a lot of confidence in Hollub.
Nikola (NASDAQ: NKLA) initially impressed the bulls when it went public by merging with a special purpose acquisition company (SPAC) on June 3, 2020. At its peak, Nikola had an enterprisevalue of $28.7 At its peak, Nikola had an enterprisevalue of $28.7 just six trading sessions later. Image source: Nikola.
In fact, back in 2020, the midstream company slashed its distribution in half. This is important for investors because it allows the company to pay out its distribution while still being able to pay down debt. When Energy Transfer cut its distribution in 2020, it was because its leverage became too high, and it needed to pay down debt.
From fiscal 2020 to fiscal 2024 (which ended on April 30), its revenue grew at a compound annual growth rate (CAGR) of 19%. Metric FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 Revenue Growth 71% 17% 38% 6% 16% Adjusted Gross Margin 76% 76% 79% 77% 69% Data source: C3.ai. With an enterprisevalue of $3.1 two weeks later.
Metric 2020 2021 2022 2023 Total Revenue $20.71B $19.69B $17.48B $14.56B Revenue Growth (4%) (5%) (11%) (17%) Adjusted EBITDA Margin* 41.8% billion in long-term debt and a staggering debt-to-equity ratio of 70. With an enterprisevalue of $23.4 It's also still saddled with $18.4 billion in 2024.
It also launched its first Photon satellite bus in 2020, and it's deployed 192 satellites so far. During its pre-merger presentation , Rocket Lab predicted it could grow its revenue at a compound annual growth rate (CAGR) of 97% from $35 million in 2020 to $267 million in 2023. With an enterprisevalue of $3.7
However, Bitcoin's rally also lit a fire under stocks like Coinbase (NASDAQ: COIN) , one of the world's top cryptocurrency exchanges, and MicroStrategy (NASDAQ: MSTR) , an aging enterprise software company that started hoarding Bitcoin in 2020. billion -- which is more than half of its enterprisevalue of $25.3
Still, the only year the segment exceeded the low end of the guidance since 2015 was 2021, thanks to the bounce-back from the pandemic-ravaged year of 2020. billion in net debt. billion in 2022, investors might pencil in Solventum to carry net debt of $7.2 It then bought wound care business Acelity for a consideration of $6.7
In 2020, the pandemic caused its home sales to grind to a halt. Metric 2020 2021 2022 9M 2023 Revenue $2.6 But its high debt-to-equity ratio of 2.9, With an enterprisevalue of $3.5 Is it time to book those profits, or could Opendoor's stock soar even higher over the next 12 months? billion $8.0 billion $15.6
after it went public by merging with a special purpose acquisition company ( SPAC ) in December 2020 and reached its record high of $35.88 Metric 2020 2021 2022 2023 Revenue $2.6 And with an enterprisevalue of $3.27 Opendoor (NASDAQ: OPEN) has been a tough stock to own over the past few years. billion $8.0 billion $15.6
There is still upside here Forget the doomsday narrative that seemed possible in 2020 and 2021 when the pandemic shuttered operations for more than a year. It's true that Carnival's multiple is substantially higher if we base it on enterprisevalue instead of the garden variety market cap. Image source: Getty Images.
Ultimately, Zoom's steadily growing sales to enterprise customers should whittle away at its high SBC levels over time. With an enterprise-value-to-FCF ratio of just 14, Zoom's cheap valuation and nascent growth options look perfect for patient, buy-and-hold investors. dividend yield is the highest it has been since 2020.
Nio initially dazzled the bulls with its triple-digit growth in deliveries in 2020 and 2021, which defied the pandemic-induced slowdown of the broader automotive market. Metric 2018 2019 2020 2021 2022 YTD 2023 Deliveries 11,348 20,565 43,728 91,429 122,486 142,026 Growth (YOY) n/a* 81% 113% 109% 34% 33% Data source: Nio.
In 2020, which was an exceptionally challenging year for the oil and gas industry, Chevron swiftly cut production and slashed capital spending by nearly 35%. Pare debt and maintain a strong balance sheet. billion, including debt. Chevron is doing both right under Wirth's leadership. Reinvest in the business. Buy back shares.
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. Before BigBear.ai
During its pre-merger presentation, SoundHound predicted that its revenue would rise from $13 million in 2020 to $20 million in 2021, and then grow to $28 million in 2022. However, its high debt-to-equity ratio of 3.1 At its current enterprisevalue (EV) of $496 million, it trades at 11 times that forecast.
At the same time, Energy Transfer continues to trade at a forward enterprise-value -to- EBITDA multiple of 8 times based on 2025 estimates, which is well below historical levels, not to mention one of the lowest valuations in the MLP space. Its second-quarter results reported a distribution coverage ratio of over 1.8
QuantumScape (NYSE: QS) , a maker of solid-state batteries for electric vehicles (EVs), initially attracted a stampede of bulls when it went public by merging with a special purpose acquisition company (SPAC) in November 2020. Its low debt-to-equity ratio of 0.2 That outlook seems grim for a company that has an enterprisevalue of $2.17
Cathie Wood trounced the market in 2020, with her aggressive investing style helping Ark Invest's family of exchange-traded funds outperform. billion market cap, with an enterprisevalue that shrinks to $1.5 billion once you factor in its cash-rich and debt-light balance sheet. Intellia Therapeutics has a modest $2.4
Between 2012 and 2020, the stock traded at an average price-to-earnings ratio of over 19, so one could argue the stock has investment upside over the next 18 months, especially given how strong booking momentum is. Carnival's enterprisevalue already sits within shouting distance of pre-pandemic highs. The company lost $0.06
It operated in "stealth mode" for over a decade before attracting a big investment from Toyota in 2020. Based on its current enterprisevalue of $3.08 billion, Joby is still richly valued at 30 times its projected sales for 2026. Joby was founded that same year. Joby started working with the U.S.
Up until 2020, it was a slow-growth analytics software maker that seemed to be losing ground to its nimbler cloud-based competitors. billion, which equals roughly a quarter of MicroStrategy's enterprisevalue of $30 billion. Its total liabilities also more than quadrupled from $913 million at the end of 2020 to $3.95
Its revenue plunged 73% in fiscal 2020 and declined 66% in fiscal 2021. It also turned unprofitable in both years and took on more debt to stay solvent. Carnival's core business is recovering The pandemic severely disrupted Carnival's growth in fiscal 2020 and fiscal 2021. With an enterprisevalue of $46.6
They acquired Sprint in 2020. Probably the bigger concern with these companies is just their debt loads. But you look at the debt loads on these companies. T-Mobile, long-term debt, $73 billion, Verizon long-term debt, $127 billion, AT&T's $137 billion. The debt loads are always they scare me a little bit.
WM's sales growth stalled, and its margins noticeably declined in 2020 and 2021. WM Revenue (TTM) data by YCharts WM benefits from an integrated business model that captures the entire waste management integrated value chain. billion, Owens Corning continues to look like a good value stock for housing market bulls.
21, 2020, started trading at $31.47 It lost over 90% of its market value as rising interest rates rattled the real estate market, throttled its growth, and cast a harsh light on its widening losses. In 2020, Opendoor's home sales dropped 47% to 9,913 units as the pandemic disrupted the housing market. in 2020 to positive 0.1%
Here's the backstory behind MicroStrategy's Bitcoin investment Prior to August 2020, MicroStrategy concentrated on its primary role as a provider of enterprise software for business-to-business solutions. billion in net debt as of Q3 2024. billion, and once you add its net debt of $4.2 year-over-year decline. As of Dec.
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. Typically, investors value midstream companies using an enterprise-value -to-EBITDA (EV/EBITDA) multiple. target range. The reason for this is twofold.
Eventually, all of those laptops and smartphones bought during the 2020 to 2021 pandemic period will have to be replaced, likely by higher-end chips for AI PCs and other advanced machines. in cash on the balance sheet with no debt, the company's enterprisevalue (around $38 per share) to average earnings ($4) would be under 10.
Centerbridge is acquiring Precinmac from Pine Island Capital Partners , Bain Capital’s Private Credit Group , and Compass Partners Capital , who purchased the company from GenNx360 Capital Partners in April 2020.
It gained Amazon and Walmart as its top customers by subsidizing their fuel cell sales with stock warrants -- or options to buy more of its own shares at a discount -- but those incentives exceeded the total amount customers paid it by 2020. That issue caused Plug Power's reported revenue to turn negative in 2020.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content