The Motley Fool

JULY 8, 2023

It reported a better-than-expected adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) profit of $681 million, though it's still losing money on a generally accepted accounting principles ( GAAP ) basis. The company said customer deposits reached a record of $7.2 billion-$4.25

Prospects 246

Prospects Amortization Depreciation Earnings Before Interest 246

The Motley Fool

OCTOBER 25, 2024

However, one goal may be even more important than all of these : reducing debt. Carnival's debt load remains alarming While Carnival's revenue and operating income have exceeded pre-pandemic levels, the cruise company's stock is still 68% below its all-time high of $66 , reached in early 2018. billion in long-term debt.

Debt 130

Debt Amortization Depreciation Earnings Before Interest 130

The Motley Fool

OCTOBER 5, 2024

Carnival's wall of debt First, let's take a quick look back in time at the challenges Carnival faced in recent years. The halt in sailings drove the previously profitable company to a loss, and resulted in Carnival building up a wall of debt. Carnival also has prepaid debt, for example prepaying $7.3 Image source: Getty Images.

Shareholders 130

Shareholders Debt Amortization Depreciation 130

The Motley Fool

NOVEMBER 12, 2024

We owe an immeasurable debt of gratitude to Bernie. In the quarter, pre-tax intangible asset amortization was $138 million including $86 million related to SRS. Excluding the intangible asset amortization in the quarter, our adjusted operating margin for the third quarter was 13.8%, compared to 14.5%

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Amortization Leveraging Debt 130

The Motley Fool

JANUARY 15, 2024

Data source: Author's calculations using amortization calculator. You will be chipping away at your debt a little bit each month, but it will be many years until more of your money actually goes towards principal. In that February payment, more than 20 years after you started repaying your debt, $1,331.93 would go to interest.

Amortization 130

Amortization Debt Taxes Accounting 130

The Motley Fool

JUNE 27, 2023

On the bottom line, Carnival continued to move in the right direction though the company is still facing stiff headwinds from its heavy debt burden, which jumped during the pandemic. The company is making progress on easing its debt burden as it prepaid more than $1 billion in short-term, variable-rate debt, though it still has about $7.5

Debt 130

Debt Amortization Depreciation Earnings Before Interest 130

The Motley Fool

AUGUST 18, 2024

Generating positive free cash flow (FCF) every year since the turn of the century, the stock has delivered total returns of 3,600% over that time -- or seven times the S&P 500 index's return. This $400 million outlay gives the company plenty of integration work to do as it focuses on paying down its $686 million net debt balance.

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Debt Amortization 130

The Motley Fool

FEBRUARY 7, 2024

So, to examine this, investors can look at what each company is generating as a return on invested capital (ROIC). LOW Return on Invested Capital data by YCharts A high ROIC is excellent, but what a company pays for its capital, called the weighted average cost of capital, or WAAC , is just as important.

Debt 130

Debt Amortization Depreciation Earnings Before Interest 130

The Motley Fool

APRIL 19, 2024

It has averaged a return on invested capital (ROIC) of about 12% over the past decade. Enterprise value takes into consideration a stock's net debt, while EBITDA removes non-cash expenses. The company currently plans to spend between $3.25 billion to $3.75 On that basis, Enterprise is trading at just over a 9x multiple.

Enterprise Values 130

Enterprise Values Depreciation Leveraging Amortization 130

The Motley Fool

DECEMBER 23, 2023

s (NYSE: CCL) debt was enough to make investors cringe -- and flee the stock. Cruise operators were forced to halt sailings during the early stages of the pandemic, and as a result, Carnival took on more and more debt to stay afloat (excuse the pun). This is key because free cash flow is the tool to pay down debt.

Debt 130

Debt Amortization Depreciation Earnings Before Interest 130

The Motley Fool

NOVEMBER 2, 2024

Its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) also rose 5% to nearly $2.44 It ended the quarter with leverage of 3x, which it defines as net debt adjusted for equity credit in junior subordinated notes (hybrids) divided by adjusted EBITDA. It produced distributable cash flow (DCF) of $1.96

Depreciation 130

Depreciation Debt Enterprise Values Amortization 130

The Motley Fool

AUGUST 7, 2024

The second thing that this gets rid of is the debt. When we get to this return number, why are we getting debt out of this thing? Asit Sharma: Let's now extend net tangible assets by one letter, unlevered net tangible assets and that is getting rid of the debt. We're talking about real returns. Why is that?

Amortization 130

Amortization Debt Assets Taxes 130

The Motley Fool

DECEMBER 24, 2023

Yet, on the other hand, inflation and higher interest rates are a big counterweight to the bull case, as all major cruise companies are now loaded with debt -- a result of the emergency borrowing during the pandemic -- while also battling higher labor costs. In 2023, investors in the largest cruise company in the world, Carnival Corp.

Debt 130

Debt Enterprise Values Amortization Depreciation 130

The Motley Fool

JULY 7, 2024

Further, management said it had made substantial progress toward its 2026 "SEA Change" goals of sustainability; earnings before interest, taxes, depreciation, and amortization (EBITDA) per available lower berth day; and return on invested capital (ROIC). billion after Q2, even larger than Carnival's $26.3 billion market cap.

Amortization 100

Amortization Depreciation Earnings Before Interest Banks 100

The Motley Fool

JUNE 25, 2024

Importantly, the company also continued to chip away at its debt load it accumulated during the pandemic. billion in debt, while repricing another $2.7 The company also issued $535 million in notes maturing in 2030 to pay off its 2026 unsecured notes, extending its debt maturities. In the second quarter, Carnival paid down $1.6

Debt 100

Debt Amortization Depreciation Earnings Before Interest 100

The Motley Fool

AUGUST 3, 2024

Its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ), meanwhile, climbed 10% to nearly $2.4 Over the past five years, Enterprise has averaged about a 13% return on invested capital, so these growth projects should provide meaningful growth to the company in the years ahead.

Depreciation 130

Depreciation Leveraging Enterprise Values Amortization 130

The Motley Fool

FEBRUARY 20, 2025

This resulted in higher realized iron ore premiums, but more importantly, higher margins and returns on invested capital. They should rather be treated as a type of debt amortization. As you can see on the next slide, our expanded net debt remained stable at $16.5 billion in the quarter. billion in the quarter.

Securities and Exchange Commission (SEC) 238

Securities and Exchange Commission (SEC) Debt Shareholders Finance 238

The Motley Fool

AUGUST 27, 2023

After seeing the company saddled with over $39 billion in debt during a rising interest rate environment, the market seems to be taking a more cautious approach to American Tower's stock. Furthermore, 85% of its debt has fixed interest rates, making it less susceptible to today's interest rate hikes.

Debt 130

Debt Amortization Depreciation Earnings Before Interest 130

The Motley Fool

JULY 26, 2024

The trifecta to be achieved by the end of 2025 seemed ambitious at the time: Royal Caribbean was aiming to top $100 in adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) per available passenger cruise day. This would shatter its pre-pandemic record of $87 in 2019. Its previous record was 10.5%.

Amortization 130

Amortization Depreciation Earnings Before Interest Taxes 130

The Motley Fool

DECEMBER 3, 2023

An excellent way to quantitatively answer this question is to compare its return on invested capital (ROIC) to its peer group, as historically, companies with a higher ROIC have tended to perform better over time. ROK Return on Invested Capital data by YCharts.

Professional Services 130

Professional Services Amortization Depreciation Consulting 130

The Motley Fool

AUGUST 12, 2023

Doximity says its customers get exceptional return on investment from marketing on the app, and the company has historically turned that into upsell opportunities for more marketing -- and, more recently, the upsell of app extensions like video conferencing and e-signature.

Amortization 130

Amortization Depreciation Earnings Before Interest Legal 130

The Motley Fool

JANUARY 20, 2024

But its debt-to-equity ratio at 0.65 The company estimates it could generate an additional $300 million of annual adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) from this business in the coming years. CVX Dividend Per Share (Annual) data by YCharts. times is still dramatically higher than Chevron's 0.12

Leveraging 130

Leveraging Bidding Amortization Depreciation 130

The Motley Fool

AUGUST 3, 2024

Management believes these acquisitions now grow sales by more than 10% annually, generate more than $3 billion in annualized sales, and maintain an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) margin of 20%.

Mergers and Acquisitions 130

Mergers and Acquisitions Amortization Depreciation Earnings Before Interest 130

The Motley Fool

JANUARY 6, 2024

This three-year strategy -- introduced in June 2023 -- is a comprehensive approach aimed at bolstering Carnival's financial health, as indicated by improvements in earnings before interest, taxes, depreciation, and amortization ( EBITDA) and return on invested capital ( ROIC). billion and a significant reduction in debt by $4.6

Returns 100

Returns Investors Amortization Depreciation 100

The Motley Fool

AUGUST 13, 2024

Beginning this quarter, in addition to our GAAP measures, we are providing the following non-GAAP measures: adjusted operating income, adjusted operating margin, and adjusted diluted earnings per share, which excludes noncash amortization of acquired intangible assets. Our operating margin for the second quarter was 15.1%, compared to 15.4%

Amortization 130

Amortization Securities and Exchange Commission (SEC) Assets Finance 130

The Motley Fool

JULY 25, 2024

In line with our stated financial strategy after funding our dividend, Core continued to dedicate free cash to paying down debt. During the quarter, Core's net debt was reduced by $15.8 This reduction in our outstanding debt also decreased our leverage ratio to 1.66, down from 1.76 million, net debt was $132.3

Leveraging 130

Leveraging Debt Shareholders Taxes 130

The Motley Fool

OCTOBER 24, 2024

In line with our stated financial strategy, after funding our dividend, Core continued to dedicate free cash to paying down debt. During the third quarter, Core's net debt was reduced by nearly $12 million or 9%. This reduction in our outstanding debt also decreased our leverage ratio to 1.47, down from 1.66 last quarter.

Leveraging 130

Leveraging Debt Shareholders Taxes 130

The Motley Fool

JUNE 26, 2023

compounded annually, which will allow us to use our cash flow generation to pay down debt and rebuild the balance sheet as we work toward investment-grade leverage metrics. During the quarter, we used excess liquidity to opportunistically prepay over $1 billion of debt while still retaining $7.3 billion off the peak.

Debt 130

Debt Leveraging Assets Enterprise Values 130

The Motley Fool

OCTOBER 22, 2024

That's the ratio of net unsecured debt to adjusted EBITDA. Our focus is to continue to pay down debt between now and the closing of the Frontier deal. As we work toward that target, we continue to focus on generating strong cash flows and paying down debt. We're still facing headwinds with primary amortization.

Mergers and Acquisitions 246

Mergers and Acquisitions Capital Leveraging Shareholders 246

The Motley Fool

SEPTEMBER 7, 2023

We are working to pivot our business toward a model that will streamline our operations and sell nonstrategic assets, improve the consistency of our earnings, increase EBITDA and dividends per share, reduce debt, rightsize the balance sheet, and improve the return on invested capital. Long-term debt as of July 31, 2023 was $40.7

Assets 130

Assets Debt Capital Leveraging 130

The Motley Fool

NOVEMBER 7, 2024

The growth was primarily driven by a larger base of operating studios, which contribute to a higher number of franchise license revenue being amortized in addition to higher royalties generated by the increase in systemwide sales and positive same-store sales growth. Depreciation and amortization expense was $4.2

Legal 130

Legal Amortization Capital Taxes 130

Hedgestone

JULY 10, 2023

This includes everything from equipment and inventory to debts and loans. The capitalization rate is determined by dividing the expected rate of return on investment by the risk-free rate of return. Subtract the value of the business’s liabilities, including debts and loans.

Liabilities 52

Liabilities Due Diligence Assets Amortization 52

The Motley Fool

MARCH 12, 2024

We will also offer some perspective on our strengthened balance sheet position with the recent divestiture of one of our noncore businesses, which underscores our focused product strategy and our commitment to driving a strong return on invested capital. Our senior-term debt is now $92.7 We drove a 125% IRR and 9.5

Leveraging 130

Leveraging Accounting Capital Debt 130

The Motley Fool

MAY 3, 2024

In the factory, we're beginning to see early returns on investments in production, including robotics, our patented automated mold polishing process, and machine perception in our quality verification process. million of cash and investments on our balance sheet and zero debt. On March 31st, 2024, we had $112.9

Capital 130

Capital Amortization Liabilities Companies 130

The Motley Fool

FEBRUARY 20, 2024

The decrease in GAAP gross profit was driven by the impacts of the NuVasive merger, namely step-up inventory amortization. Adjusted gross profit, which excludes the impacts of inventory step-up amortization, was 65.5%. in the prior year, driven again by the impact of step-up amortization as a result of the NuVasive merger.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Amortization Education Capital 130

The Motley Fool

JULY 27, 2023

At the same time, we continue to execute on our key financial strategies including reducing net debt and strengthening our balance sheet. Depreciation and amortization for the quarter was 3.9 On the liability side of the balance sheet, our long term debt was $185 million at June 30th and considering cash of 22 -- 26.2

Leveraging 100

Leveraging Taxes Shareholders Debt 100

The Motley Fool

OCTOBER 15, 2024

Trades around 55 times free cash flow, 31 times enterprise value to forward EBITDA so the value of its debt and equity compared to its forward earnings. What it might be going on here is a bit of investment. When you invest in your capital base and make it bigger, that lowers your return on invested capital.

Legal 130

Legal Assets Enterprise Values Capital 130