The Motley Fool

NOVEMBER 26, 2023

It's an effective tax planning strategy for stock investors. Donating shares to nonprofit organizations will provide two tax benefits. First, you get to deduct the value of the shares you donate as a charitable contribution on your taxes. He started the Bezos Earth Fund to fight climate change and protect nature in 2020.

Investors 246

Investors Taxes Bidding Leveraging 246

The Motley Fool

APRIL 4, 2024

In fact, back in 2020, the midstream company slashed its distribution in half. Energy Transfer is structured as a master limited partnership (MLP), so investors will get a K-1 and have unique tax advantages (and obligations). Since the start of 2022, Energy Transfer (NYSE: ET) has increased its distribution every quarter.

Enterprise Values 189

Enterprise Values Depreciation Leveraging Debt 189

The Motley Fool

AUGUST 12, 2024

After peaking in 2020 at $306, it has gone nowhere but down, trading at just $77 as of writing. PDD leverages its huge short-video user base to offer livestreaming e-commerce services, an area where Alibaba was the incumbent. It's been frustrating for investors in Alibaba (NYSE: BABA) stock.

Leveraging 246

Leveraging Earnings Before Interest Amortization Stakes 246

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 Earnings Before Interest Amortization Depreciation 241

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

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 Its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) turned positive in 2021 and increased at a CAGR of 279%, from $30 million to $432 million.

Mergers and Acquisitions 130

Mergers and Acquisitions Banks Financial Services Earnings Before Interest 130

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

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

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

MAY 25, 2024

Like many companies, it found itself in a tight spot when the pandemic hit in 2020. That drives the MLP's belief that it "will provide us with the continued flexibility to balance pursuing new growth opportunities, further leverage reduction, maintaining our targeted distribution growth rate, and increasing equity returns to our unitholders."

Leveraging 130

Leveraging Taxes Returns Shareholders 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 Earnings Before Interest 130

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

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

OCTOBER 17, 2024

While similar, distributions include a return on capital that is untaxed until the units are typically sold, making them tax-deferred. However, investors do receive what is called a K-1 and must fill out some extra tax forms. EV to EBITDA = enterprise-value-to-EBITDA (earnings before interest, taxes, depreciation, and amortization).

Enterprise Values 130

Enterprise Values Depreciation Earnings Before Interest Amortization 130

The Motley Fool

OCTOBER 11, 2024

After income taxes, it converted 66% of sales into net income. Over the last five years, Texas Pacific has issued special dividends in 2020, 2022, and 2024, so there's reason to believe the even-year pattern should continue. It expects to leverage its asset base to grow production to 2 million boe/d by 2027.

Mergers and Acquisitions 246

Mergers and Acquisitions Assets Leveraging Taxes 246

The Motley Fool

SEPTEMBER 27, 2024

It has a low distribution payout ratio, consisting of 55% of its adjusted cash flow from operations and a low leverage ratio of 3.0. compound annual rate since 2020, including by 10% in each of the last two years. leverage ratio. Enterprise Products Partners can easily fund that growth. It has grown its payout at a 7.3%

Leveraging 130

Leveraging Taxes Capital Funds 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 Earnings Before Interest 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

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

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

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

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 Leveraging Debt Shareholders 246

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

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

JULY 17, 2023

The 5G transition provided T-Mobile an opportunity, and management seized it by purchasing Sprint in 2020. Discovery in the spinoff, it still has high leverage compared with T-Mobile. In addition, the "sell-off" scenario also yields tax advantages. So investors will benefit from lower annual taxes with this strategy as well.

Taxes 246

Taxes Debt Shareholders Leveraging 246

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

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

JUNE 16, 2023

But after OpenAI released ChatGPT and showed the possibilities of generative AI, it sparked a race to leverage this technology across various industries to disrupt the balance of power in entire sectors of the economy, including financial services. The move was a massive success, with the stock up 828% between 2010 and 2020.

Companies 130

Companies Taxes Financial Services Financial Institutions 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

Zajac Group

OCTOBER 21, 2021

Most people understand that taxes can be a little more complicated when you have incentives stock options and other equity compensation. What they may not know is that income tax isn’t just about tax brackets to calculate your regular taxable income. Form 6251 will lead you to calculate your tentative minimum tax.

Taxes 52

Taxes Legal Capital Education 52

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

DECEMBER 11, 2023

Lumen originally planned to leverage the increased scale of its wireline business to generate slow but stable growth. Metric 2020 2021 2022 2023 (Forecast) Total revenue $20.7 It also expects a tax refund of $900 million to boost its near-term liquidity. The S&P 500 rose 39% during the same period. billion $19.7 billion $17.5

Mergers and Acquisitions 130

Mergers and Acquisitions Debt Enterprise Values Leveraging 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 Earnings Before Interest Amortization 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

FEBRUARY 29, 2024

The company took a $3 billion pre-tax earnings charge in September, and shop repairs could run RTX's total costs to $7 billion when all is said and done. Formerly known as Raytheon Technologies, the company merged with United Technologies in 2020. On the other hand, the company's $44 billion in long-term debt isn't great.

Debt 130

Debt Earnings Before Interest Amortization Depreciation 130