The Motley Fool

AUGUST 8, 2023

First, as we had previously disclosed, our very attractive lease of former Steward Utah hospitals to CommonSpirit resulted in a noncash charge for the acceleration of the amortization of intangible lease assets and the write-off of straight-line rent, aggregating about $380 million. Neither adjustment affected normalized FFO.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Prospects Banks Collateral 130

The Motley Fool

APRIL 26, 2024

Of note in the quarter, we resolved one of the NPLs we discussed in Q3 of last year through a collateral sale. We expect the sale of that collateral over the next few quarters and have provisioned for that outcome in our Q1 results. As I mentioned, nonperforming loans were $57.2 million and 38 basis points the prior quarter.

Mergers and Acquisitions 130

Mergers and Acquisitions Securities and Exchange Commission (SEC) Banks Assets 130

The Motley Fool

JULY 25, 2024

I'd be remiss if I didn't point out that amortization increased by $47 million sequentially, reflecting both portfolio growth and seasonality. This means that we expect amortization expense will be a headwind in 2025. Before moving on, let's talk for a second about the macro environment. But that's not all we've been buying.

Leveraging 130

Leveraging Capital Assets Amortization 130

The Motley Fool

DECEMBER 5, 2023

Speaking of gross margins, Slide 6 of the earnings presentation shows the trend of adjusted product and service gross margins, while Slide 12 reconciles the GAAP gross margins to adjusted gross margins, which excludes intangible amortization expense and other noncash purchase accounting items. The increase in net income of 24.5

Capital 130

Capital Amortization Funds Leveraging 130

The Motley Fool

JULY 28, 2023

And there is a collateral that, of course, is a benefit from us is that we have interest in the Middle East as well with the mega hubs as you know. We have a very strong balance sheet, amortizations. Debt amortization is very smooth over the years. That is key as we are in a business of energy transition.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Shareholders Finance Financing 130

The Motley Fool

FEBRUARY 9, 2024

The market expects somewhat lower rates in 2024, which could create some margin pressure for servicing in terms of higher amortization expense and lower levels of interest income. Also, we have an information advantage consisting with decade's worth of data on collateral performance on the part of literally thousands of sellers.

Mergers and Acquisitions 130

Mergers and Acquisitions Leveraging Portfolios Assets 130

The Motley Fool

FEBRUARY 7, 2025

I would encourage you all to check out Manufacture Like a Pro series of videos and other marketing collateral. million and amortization expense of $900,000. There's a preview on Slide 6 of our earnings deck. It's really great work by our teams. Moving to earnings guidance. in the first quarter.

Taxes 130

Taxes Shareholders Collateral Capital 130

The Motley Fool

FEBRUARY 1, 2024

Together, our ongoing fronting and ILS operations, excluding the impact of gains on the disposition of subsidiaries in both years, contributed operating income before amortization of $146 million in 2023, up almost 40% from a year ago. We were excited to announce the formation of State National global platform during the quarter.

Liabilities 130

Liabilities Portfolios Capital Shareholders 130

The Motley Fool

AUGUST 1, 2024

Our revolving credit facility remains a key source of liquidity for the company and we have further expanded that liquidity through the completion of a letter of credit facility for the California gas plants to support various collateral requirements up to $200 million. billion.

Taxes 130

Taxes Debt Shareholders Capital 130

The Motley Fool

AUGUST 24, 2023

I would say the ad collateral is basically the same it's always been. We still expect selling square footage to grow between 3% and 3.5% for the year, and new store growth to be back-end weighted. million diluted shares for the third quarter and 221 million diluted shares for the full year. Nothing significant is going on.

Leveraging 130

Leveraging Liabilities Taxes Capital 130

The Motley Fool

AUGUST 27, 2024

So, I think we put a lot of literature and collateral around the differences between the platforms. These non-GAAP measures are not intended to be a substitute for GAAP results. But we have not devised any specific takeout programs. We don't feel like that's warranted or needed. We're trying to educate folks.

Shareholders 130

Shareholders Best Practices Liabilities Accounting 130

The Motley Fool

MAY 2, 2024

First, we moved to a consistent measure of profitability of operating income across each segment of our business that excludes amortization of acquired intangible assets. Some of the areas we exited included Retail Primary Casualty, Risk-managed Architects and Engineers, and Intellectual Property Collateral Protection lines.

Liabilities 130

Liabilities Shareholders Asset Management Portfolios 130

The Motley Fool

AUGUST 7, 2023

We recently launched the beta for our integration of OpenAI's ChatGPT 4 capabilities directly into the Compass platform to help agents save substantial time with tasks such as writing listing descriptions, creating marketing collateral, and automating outreach with clients. Free cash flow during the second quarter was positive $50.7

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Leveraging Debt Capital 130

The Motley Fool

APRIL 23, 2024

However, following analysis of precedent industry transactions of similar nature, we will now record compensation as a reduction to aircraft assets or as amortization of maintenance expense. This is expected to have an adverse impact on CASM ex-fuel, as this benefit will now be recognized over a longer period of time.

Debt 130

Debt Finance Financing Banks 130

The Motley Fool

OCTOBER 25, 2023

In this scenario, servicing suffers from higher amortization expense. billion at quarter-end comprised of 553 million in cash with the remainder in MSR line capacity, which is fully collateralized and immediately available. So, let's dive into equity where we had a record level of 2.7

Mergers and Acquisitions 100

Mergers and Acquisitions Taxes Banks Capital 100

The Motley Fool

FEBRUARY 27, 2025

Through these strategic transactions, we have optimized our collateral utilization, further strengthening our capital structure while supporting our growth trajectory. We are confident we can continue making meaningful progress on this front going forward, driven by our organic cash generation and scheduled amortization payments.

Leveraging 130

Leveraging Collateral Debt Liabilities 130

The Motley Fool

FEBRUARY 27, 2024

In 2023, we generated almost $2 billion of net cash from operating activities, which included $500 million return of cash collateral. I guess, I thought you couldn't prepay debt before all the deferred amortizations, you can also kind of proactively pay down? Moving on to our balance sheet and debt maturity profile on Slide 14.

Leveraging 130

Leveraging Debt Amortization Collateral 130

The Motley Fool

MAY 1, 2024

This refinancing reduces our interest expense and improves leverage, while also releasing all related collateral, another important step forward in strengthening our balance sheet. In connection with this refinancing, we repaid 250 million, nine and three-quarters secured notes due in 2028, which was our highest interest rate debt.

Securities and Exchange Commission (SEC) 246

Securities and Exchange Commission (SEC) Leveraging Debt Capital 246

The Motley Fool

JULY 17, 2024

In conjunction with the transaction, we issued $330 million of credit linked notes, with a coupon just over 7% that is partially offset by our investment income on a corresponding cash collateral account. And we expect less severity pressure given the front book was underwritten below the peak in collateral values and with lower LTVs.

Taxes 130

Taxes Finance Financing Banks 130

Private Equity Wire

APRIL 17, 2025

With Hypercore, I could fully test the system during the sales process and get hands-on with example deals and amortization schedules, which helped me make my purchase decision. With other loan management platforms, youre paying for a Rolls Royce but you never get to test drive it, Kong shared. Hypercores approach stood out.

Collateral 71

Collateral Amortization Debt Finance 71

The Motley Fool

AUGUST 14, 2023

billion and eliminated $430 million of interest expenses in each of the next two years, made possible by extending debt maturities and putting up Carvana's assets as collateral. This move reduced the company's outstanding debt by $1.2 This is absolutely essential.

Collateral 246

Collateral Debt Amortization Depreciation 246