The Motley Fool

DECEMBER 1, 2023

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. Looking back at Carnival's slowdown and recovery In fiscal 2020 and fiscal 2021 (which ended in November 2021), Carnival's revenue and number of passengers plummeted.

Enterprise Values 243

Enterprise Values Debt Earnings Before Interest Amortization 243

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 Earnings Before Interest 130

The Motley Fool

FEBRUARY 12, 2024

It did something similar following the Anadarko acquisition in 2019 and the subsequent drop in oil prices in 2020. After managing the company through the depressed oil prices of 2020 right after acquiring Anadarko, she seems to be up for almost any task. Management plans to divest non-core assets to accelerate the paydown of that debt.

Enterprise Values 240

Enterprise Values Conglomerates Earnings Before Interest Debt 240

The Motley Fool

SEPTEMBER 2, 2023

per unit in 2020. As the chart above shows, the MLP shifted from increasing the distribution quarter to just once a year in 2020. The distribution was increased just modestly in 2020 and 2021. Leverage has also been reduced, with debt-to-earnings before interest, taxes, depreciation, and amortization ( EBITDA ) at roughly 3.2

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

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 Earnings Before Interest Amortization 130

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 Earnings Before Interest 242

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 Earnings Before Interest 130

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.

Earnings Before Interest 246

Earnings Before Interest Amortization Depreciation Leveraging 246

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 Earnings Before Interest Amortization 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 Earnings Before Interest Amortization Depreciation 130

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

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.

Earnings Before Interest 246

Earnings Before Interest Amortization Depreciation Shareholders 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 Earnings Before Interest Amortization 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 Taxes 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 Earnings Before Interest Amortization Depreciation 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 Debt Collateral 130

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 Earnings Before Interest Debt Amortization 246

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 Earnings Before Interest Amortization Depreciation 130

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.

Earnings Before Interest 246

Earnings Before Interest Amortization Depreciation Shareholders 246

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 Earnings Before Interest Amortization 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 Earnings Before Interest Amortization Depreciation 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.

Earnings Before Interest 130

Earnings Before Interest Amortization Depreciation 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.

Earnings Before Interest 130

Earnings Before Interest Amortization Depreciation Public Companies 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 Earnings Before Interest Amortization Depreciation 246

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

Earnings Before Interest 130

Earnings Before Interest Amortization Depreciation Debt 130

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.

Earnings Before Interest 241

Earnings Before Interest Amortization Depreciation Leveraging 241

The Motley Fool

APRIL 29, 2024

These capital market levers allow us to deploy intelligent leverage to increase our Bitcoin holdings in a manner which we believe has created shareholder value. Since 2020 we've invested $825 million of total cash on our balance sheet. Leverage provides the opportunity to generate higher returns if the price increases.

Leveraging 246

Leveraging Debt Assets Capital 246

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 Earnings Before Interest Amortization Depreciation 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.

Earnings Before Interest 130

Earnings Before Interest Amortization Depreciation Leveraging 130

The Motley Fool

FEBRUARY 11, 2024

Its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) dropped 32% to $159 million. From 2017 to 2021, its revenue increased at a compound annual growth rate (CAGR) of 49%, even as the pandemic disrupted its digital advertising business in 2020.

Earnings Before Interest 130

Earnings Before Interest Amortization Depreciation Leveraging 130

The Motley Fool

JANUARY 20, 2024

Then the pandemic hit, and low oil prices coupled with a heavily leveraged balance sheet forced Occidental to make a dividend cut. The deep 2020 oil bust, which saw oil prices fall below zero in the U.S. In the end, Chevron didn't want to overpay, which might have put its rock-solid financial position at risk.

Leveraging 130

Leveraging Bidding Earnings Before Interest Amortization 130

The Motley Fool

MARCH 31, 2024

Even after rallying roughly 43% over the last year, Intel stock is still down 35% from its early 2020 peak. Coupang operates as both a first-party seller and as a marketplace with third-party sellers, allowing it to leverage the strength of the platform and collect fees from merchants using Coupang.

Earnings Before Interest 130

Earnings Before Interest Amortization Depreciation Leveraging 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 Earnings Before Interest Amortization 130

The Motley Fool

SEPTEMBER 6, 2023

There were over 800 SPAC deals in 2020 and 2021, more than double the total amount of SPAC transactions from 2003 to 2019. Moreover, management also guided for adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) of at least $100 million in 2025, signaling the company's focus on operating leverage.

Enterprise Values 130

Enterprise Values Initial Public Offering Earnings Before Interest Amortization 130

The Motley Fool

JUNE 27, 2023

Adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) came in at $681 million, toward the high end of its guidance, and a significant improvement from a loss of $928 million in the quarter a year ago. While the cruise line stock has soared this year, it's still down significantly from historical levels.

Debt 130

Debt Earnings Before Interest Amortization Depreciation 130

The Motley Fool

FEBRUARY 4, 2024

PSA debt to EBITDA (TTM), data by YCharts; TTM = trailing 12 months, EBITDA = earnings before interest, taxes, depreciation, and amortization. Prologis also has a low leverage ratio and a sterling credit rating. Companies facing debt maturities and potentially higher interest rates could be in the market to sell assets.

Initial Public Offering 130

Initial Public Offering Debt Earnings Before Interest Amortization 130