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In 2020, the pandemic caused its home sales to grind to a halt. Metric 2020 2021 2022 9M 2023 Revenue $2.6 However, investors should recall that Zillow's overdependence on AI algorithms once caused it to overestimate the value of the homes its former Zillow Offers business purchased for resale. billion $8.0 billion $15.6
Image source: Getty Images You'll often hear that debt is bad news, no matter what form it comes in. It's good advice to try to keep your debt to a minimum in general. But you should also know that there is such a thing as good debt, because certain types could help your financial picture improve in the long run.
Given that pattern, shareholders can reasonably anticipate another special dividend in the near future since the last one was paid in December 2020 at $10 per share. billion more in cash than debt, Costco emerges as an essential holding for long-term dividend-focused investors. million to 124.7 over the past five years.
As you may know, I have been a DXC board member since 2020, having previously served as chairman of the Nominating and Corporate Governance Committee and as a member of the Compensation Committee. Our results continue to be impacted by the year-to-year decline of resale revenues, which was 90 basis points of the 4.5% year to year.
We also successfully completed a tender exchange of our 2025 unsecured notes, extending the maturity to 2027 and reducing outstanding corporate debt by $137 million. As part of this transaction, we recorded a $6 million loss on the extinguishment of debt. It was a lower coupon originations largely from 2020 and 2021 vintages.
Forestar had approximately $860 million of liquidity at year-end with a net debt-to-capital ratio of 12.4%. Our debt at September 30 totaled $5.9 And in markets where there's pressure on insurance, we see a consistent and relatively stable insurance premiums, which are our competitive advantage against the resale market.
debt to total capital capitalization ratio, down from 14.2 If we reflect on our second-quarter results, we not only accomplished excellent cash flow and bottom-line results, but we repurchased $208 million of stock and we also repurchased approximately $158 million of senior debt due in fiscal 2024. We've repaid about 5.6
Reconciliations of non-GAAP financial measures to the most comparable measures prepared in accordance with GAAP can be found in the press release we issued this morning and in our quarterly report on Form 10-Q for the quarter ended September 30, 2020, that we expect to file with the SEC later today. We ended the quarter with $1.5
The factors that contributed to lower home sales, including the persistent lack of housing stock fueled by chronic underbuilding; the hangover for ultra-low mortgage rates in 2020 and 2021, and an affordability crisis impacting many first-time homebuyers can only be addressed through a concerted public-private cooperation. trillion for 2024.
And since 2020, even though we have not made an acquisition, we have shown a robust trajectory of growth, driven by semiconductor growing at an 18% CAGR over the past three years. Industrial resales were 962 million. In fiscal '24, we expect industrial resales to be down low single digits year on year. billion of cash and 39.2
Horton and had more than $780 million of liquidity at quarter end, with a net debt to capital ratio of 19.1%. Homebuilding debt at June 30th totaled $2.7 The height was in 2020 at 4.8 On one hand, the buydowns are probably putting you guys in such a strong competitive advantage versus the resale market.
Total debt, excluding unamortized deferred financing fees and finance leases was $84 million, compared to $101 million at the end of last year's second quarter. And we look at the retention rate we're getting with consumers, particularly from those high acquisition periods in 2020 and 2021. Randy Konik -- Jefferies -- Analyst Great.
You know, student loan debt is one of the biggest problems in America. So we would, you know, and, and the premise of SoFi was that students that went to good schools and were getting law degrees and MBAs and had high student loan debt and engineering schools were not going to default on their loans. Which I thought was interesting.
MILLER: And so I took it as, you know, this was in the spring of 2020, I was thinking, boy, if all this is true, there’s going to be 11 people left in Manhattan by the fall, which of course was not the story. Because of the debt service, this is going to take four or five years at a minimum to sort of see it. RITHOLTZ: Wow.
. • Over a Decade, Rolex Watches Outperformed the Stock Market : The investment return of Rolexes was higher than real estate, the stock market, or even gold over a 10-year period, from 2011 to 2021, according to Paul Altieri, founder and CEO of Bob’s Watches, an online marketplace for the resale of watches, with a focus on Rolexes.
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