The Motley Fool

JULY 31, 2024

Rithm Capital (NYSE: RITM) Q2 2024 Earnings Call Jul 31, 2024 , 8:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning and welcome to the Rithm Capital second-quarter 2024 earnings call. Should you invest $1,000 in Rithm Capital right now? Today we have $7.3

Capital 130

Capital Amortization Shareholders Financing 130

The Motley Fool

NOVEMBER 5, 2024

As we have demonstrated many times before, we expect to generate leverage on these investments as we scale and OG&A will decline over time as a percentage of revenue. We are exploring strategies to reduce the capital intensity of our real estate operations while also maintaining operational control over these strategic assets.

Amortization 244

Amortization Leveraging Taxes Depreciation 244

The Motley Fool

OCTOBER 9, 2024

The new collaboration will enable Enbridge to leverage AI powered by Microsoft Azure machine learning across its operations. million) of recurring earnings before interest, taxes, depreciation, and amortization ( EBITDA ) savings per year. The company aims to achieve 200 million Canadian dollars to CA$300 million ($146.6 million-$219.9

Leveraging 241

Leveraging Earnings Before Interest Amortization Depreciation 241

The Motley Fool

NOVEMBER 3, 2024

billion Canadian ($3 billion) of adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) in the period. In addition, the company has a strong investment-grade balance sheet backed by a leverage ratio in the lower end of its 4.5-to-5.0 The pipeline and utility operator produced $4.2 target range.

Earnings Before Interest 245

Earnings Before Interest Amortization Depreciation Assets 245

The Motley Fool

OCTOBER 27, 2024

Investors are undoubtedly attracted to mortgage real estate investment trusts , or mREITs, such as Annaly Capital Management (NYSE: NLY) , for their high dividend yields. Companies typically adjusts their earnings by removing non-cash items (like depreciation and amortization) and realized and unrealized investment losses.

Leveraging 130

Leveraging Hedge Funds Amortization Assets 130

The Motley Fool

MARCH 17, 2024

The industry's long-term issue comes down to its inability to generate a return on capital necessary to cover its cost of capital. But it's not bad news for debt providers because they have been rewarded for putting up capital, with their investment backed up by a relatively liquid asset, the airplanes themselves.

Debt 240

Debt Leveraging Earnings Before Interest Amortization 240

The Motley Fool

AUGUST 12, 2024

PDD leverages its huge short-video user base to offer livestreaming e-commerce services, an area where Alibaba was the incumbent. To this end, Alibaba is embracing a low-cost strategy and leveraging its logistics arm (Cainiao) and artificial intelligence to provide a better e-commerce experience to consumers.

Leveraging 246

Leveraging Earnings Before Interest Amortization Stakes 246

The Motley Fool

JULY 1, 2024

Meanwhile, its balance sheet is in good shape with a leverage ratio (net debt/adjusted EBITDA ) of just 3.2 It is planning to spend $950 million in growth capital expenditure (capex) this year. The stock sports an attractive 8% yield based on its most recent distribution and had a robust 1.6

Exchange-Traded Funds 245

Exchange-Traded Funds Leveraging Enterprise Values Earnings Before Interest 245

The Motley Fool

DECEMBER 8, 2023

This was done because management had to choose between paying the dividend or putting money to work in capital investment projects that would grow the company. KMI Financial Debt to EBITDA (TTM) data by YCharts That said, a part of the problem was Kinder Morgan's more aggressive use of leverage than its peers'.

Leveraging 246

Leveraging Earnings Before Interest Amortization Depreciation 246

The Motley Fool

MAY 11, 2024

Its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ), meanwhile, rose 6% to nearly $2.5 Enterprise ended the quarter with leverage of 3x. It defines leverage as net debt adjusted for equity credit in junior subordinated notes (hybrids) divided by adjusted EBITDA. cents per unit. cents per unit.

Depreciation 241

Depreciation Enterprise Values Leveraging Debt 241

The Motley Fool

NOVEMBER 4, 2024

It did report adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $119 million, and the company has said its top goal is to deliver adjusted EBITDA above share-based compensation and capital expenditures. When it does, Wayfair should be ready to capitalize. Then you’ll want to hear this.

Earnings Before Interest 130

Earnings Before Interest Amortization Depreciation Leveraging 130

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. 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 The master limited partnership (MLP) currently pays out a $0.32

Enterprise Values 130

Enterprise Values Depreciation Earnings Before Interest 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 Earnings Before Interest 130

The Motley Fool

MAY 17, 2024

That makes logical sense, given that, historically, around 57% of its earnings before interest, taxes, depreciation, and amortization ( EBITDA ) came from oil pipelines, with another 28% from natural gas pipelines. Enbridge is a North American energy giant that is usually lumped into the midstream sector.

Leveraging 243

Leveraging Earnings Before Interest Amortization Depreciation 243

The Motley Fool

SEPTEMBER 25, 2024

Its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) increased 20% in the second quarter to almost $3.8 Energy Transfer's leverage ratio is now in the lower half of its 4.0 billion on growth capital projects this year. What fueled Energy Transfer's surge? times target range. billion and $2.6

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Taxes Leveraging 130

The Motley Fool

MAY 29, 2024

Visa benefits from leveraging its existing network, so as payment volume grows, its operating margin generally improves. That leads to strong free cash flow growth, which supports an ever-increasing dividend, part of a larger capital return program. Operating income through the first six months of the year is up 8.5%. billion and $16.9

Banks 234

Banks Leveraging Amortization Accounting 234

The Motley Fool

JULY 18, 2024

Part of the stock's struggles come from higher interest rates and the impact that has had on commercial property values, which are valued based on capitalization (cap) rates -- a property's net-operating income divided by its current value. It locks in the spreads with hedges and then uses leverage to increase its returns.

Earnings Before Interest 241

Earnings Before Interest Amortization Depreciation Leveraging 241

The Motley Fool

JANUARY 31, 2024

billion in adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) in 2023. The company used that excess cash to fund its capital expenses, which totaled about $1.2 times leverage ratio , well below the 4 times level its stable business can support. An excellent year MPLX generated nearly $6.3

Leveraging 130

Leveraging Earnings Before Interest Amortization Depreciation 130

The Motley Fool

APRIL 19, 2024

The two biggest areas to look at when it comes to dividend safety are its distribution coverage ratio and leverage ratio. The former measures how much cash in distributions the company is paying out, compared to how much distributable cash flow (operating cash flow minus maintenance capital expenditures) it's generating. billion to $3.75

Enterprise Values 130

Enterprise Values Depreciation Leveraging Earnings Before Interest 130

The Motley Fool

NOVEMBER 7, 2024

Phillips 66 is taking necessary measures to lower its leverage and improve its cost structure. billion in buybacks and dividends since July 2022, on pace to deliver on its target of $13 billion to $15 billion in capital return by year's end. If the leverage ratio falls below 0.5, Phillips 66 has distributed $12.5

Investing 130

Investing Legal Leveraging Shareholders 130

The Motley Fool

OCTOBER 26, 2024

Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 2.5% Its leverage ratio on unsecured debt (net unsecured debt/trailing-12-month adjusted EBITDA) remained at 2.5. Now the company is planning to increase its level of capital expenditures ( capex ) next year to between $17.5 billion consensus.

Debt 130

Debt Leveraging Earnings Before Interest Amortization 130

The Motley Fool

APRIL 17, 2024

The MLP has grown its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) from $13.1 billion on growth capital projects in 2024. Its earnings growth has also helped drive down its leverage ratio , which it expects will be toward the low end of its 4.0-4.5 What has fueled Energy Transfer's rally?

Leveraging 130

Leveraging Enterprise Values Taxes Earnings Before Interest 130

The Motley Fool

OCTOBER 21, 2024

Let's explore three companies quietly making waves in the AI industry, each offering a unique approach to capitalizing on this transformative technology. From Bitcoin to AI Iris Energy (NASDAQ: IREN) is leveraging its expertise in Bitcoin mining infrastructure to capitalize on the growing demand for AI computing power.

Earnings Before Interest 130

Earnings Before Interest Amortization Depreciation Leveraging 130

The Motley Fool

JUNE 30, 2023

Companies are using more of it as they transform their businesses to thrive in the digital economy and capitalize on emerging opportunities like artificial intelligence (AI). That will provide data infrastructure companies tremendous opportunities to invest capital and grow their businesses. Data is a hot commodity these days.

Leveraging 130

Leveraging Earnings Before Interest Amortization Depreciation 130

The Motley Fool

OCTOBER 20, 2024

Its adjusted earnings per share (EPS) was flat year over year at $0.25, while its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) edged up 2% to $1.88 Kinder Morgan ended the quarter with a leverage ratio (net debt divided by trailing-12-month adjusted EBITDA) of 4.1.

Enterprise Values 130

Enterprise Values Leveraging Earnings Before Interest Amortization 130

The Motley Fool

OCTOBER 6, 2024

These metrics helped the company produce record operating income and adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) in the quarter. It said its first, second, and third capital allocation priorities are to continue to reduce debt. Its leverage (net debt/adjusted EBITDA) was down to 4.5

Debt 130

Debt Leveraging Earnings Before Interest Amortization 130

The Motley Fool

OCTOBER 18, 2024

billion of adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ), up about 2% from the prior-year period. That's been more than enough to cover capital spending (nearly $1.9 leverage ratio , well within its 3.5x-4.5x leverage ratio. leverage ratio , well within its 3.5x-4.5x

Leveraging 130

Leveraging Earnings Before Interest Amortization Depreciation 130

The Motley Fool

APRIL 28, 2024

It was able to steadily chip away at its leverage ratio , driving it down to its 4.0 billion in growth capital expenses in 2023, while maintaining a strong balance sheet. It expects leverage to be toward the low end of its target range this year. The energy infrastructure company expects capital spending to rise to between $2.4

Investors 130

Investors Taxes Leveraging Earnings Before Interest 130

The Motley Fool

APRIL 24, 2024

Thanks to fast portfolio growth and impressive operating leverage, servicing income reached $273 million. And second, banks are reassessing their exposure to MSRs, due to regulatory capital concerns and the technology investments required to stay competitive relative to their reduced market share.

Leveraging 246

Leveraging Amortization Bidding Collateral 246

The Motley Fool

AUGUST 3, 2024

Its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ), meanwhile, climbed 10% to nearly $2.4 Its FCF was lower compared to a year ago as the company increased its capital expenditures (capex) on new growth projects. It ended the quarter with leverage of 3 times.

Depreciation 130

Depreciation Leveraging Enterprise Values Earnings Before Interest 130

The Motley Fool

OCTOBER 13, 2024

Roughly 98% of its earnings before interest, taxes, depreciation, and amortization (EBITDA) comes from cost-of-service or contracted assets, which are highly stable and predictable. The company also has a strong investment-grade balance sheet backed by a leverage ratio currently in the lower half of its 4.5 times target range.

Earnings Before Interest 130

Earnings Before Interest Amortization Depreciation Leveraging 130

Blackstone

AUGUST 8, 2024

Periods of dislocation only reinforced this awareness, including Russia’s war in Ukraine and the regional bank crisis and capital market dislocation in 2023. Private capital financed 86% of LBO transactions in 2023, up from 65% in 2021. The economics of private capital are compelling. 2 The next phase is just getting started.

Financing 121

Financing Finance Amortization Banks 121

The Motley Fool

JUNE 23, 2024

times based on its distributable cash flow (DCF), which is its operating cash flow minus maintenance capital expenditures (capex). This has come down from the over 4 times leverage it was at in 2017. Last quarter, Enterprise had a robust distribution coverage of 1.7

Amortization 130

Amortization Depreciation Enterprise Values Leveraging 130

The Motley Fool

SEPTEMBER 2, 2023

Investors are no longer quite as positive about funding capital investments in the midstream sector despite the still vital nature of the services it provides to the global economy. The end goal was for Enterprise to replace its use of issuing equity with internal cash flow to fund more of its own capital investment projects.

Companies 246

Companies Earnings Before Interest Amortization Depreciation 246

The Motley Fool

DECEMBER 28, 2023

The company is paying about 10 times estimated 2024 earnings before interest, taxes, depreciation, and amortization ( EBITDA ) for these assets. As that slide shows, Williams has a long list of capital projects currently underway to fuel growth through 2028. times leverage ratio , down significantly from 4.8 billion to $6.8

Prospects 246

Prospects Earnings Before Interest Amortization Depreciation 246

The Motley Fool

JANUARY 10, 2024

The strong free cash flow has also helped the company to remain in sound financial health -- something that's not always the case with mining companies, which require large amounts of capital to develop their assets. in net debt to earnings before interest, taxes, depreciation, and amortization ( EBITDA ). billion in cash.

Mergers and Acquisitions 243

Mergers and Acquisitions Debt Earnings Before Interest Amortization 243

The Motley Fool

MAY 14, 2024

Those strong market conditions and increasing confidence in its synergy expectations drove the pipeline company to increase the mid-point of its full-year adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA) guidance by $75 million to nearly $6.2 times leverage ratio. The company ended Q1 with a solid 3.8

Leveraging 130

Leveraging Earnings Before Interest Amortization Depreciation 130