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 < Situated in the right basins, MPLX looks in good shape to continue growing its distributions, while its forward enterprise value (EV) -to-EBITDA (earnings before interest, taxes, depreciation, and amortization) valuation of 9.6

Exchange-Traded Funds 245

Exchange-Traded Funds Leveraging Enterprise Values Amortization 245

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. What does Enbridge do? Enbridge is a North American energy giant that is usually lumped into the midstream sector.

Leveraging 243

Leveraging Amortization Depreciation Earnings Before Interest 243

The Motley Fool

MARCH 24, 2024

It operates pipelines, storage assets, a marine business, and export terminals. It also operates crude oil and refined products logistics and storage assets, as well as natural gas G&P operations. Those diversified midstream operations supply both MLPs with stable earnings and cash flow. Last year, MPLX produced $6.3

Leveraging 246

Leveraging Amortization Depreciation Earnings Before Interest 246

The Motley Fool

OCTOBER 9, 2024

A digital collaboration Enbridge recently unveiled a collaboration with Microsoft and will use AI to drive significant advancements in safety, emissions reduction, and asset optimization across its pipeline and utility platforms. That will enhance safety, reduce complexity, and maintain the health of its assets. million-$219.9

Leveraging 241

Leveraging Amortization Depreciation Earnings Before Interest 241

The Motley Fool

AUGUST 18, 2023

That's a concerning number when the company's current assets total less than $10 billion. The company is targeting a gross leverage ratio of 3.0. Gross leverage compares gross to debt to adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ).

Debt 246

Debt Leveraging Amortization Depreciation 246

The Motley Fool

DECEMBER 28, 2023

Drilling down into the deal Williams has agreed to buy a portfolio of natural gas storage assets from Hartree Partners for nearly $2 billion. The company is paying about 10 times estimated 2024 earnings before interest, taxes, depreciation, and amortization ( EBITDA ) for these assets. billion to $6.8

Prospects 246

Prospects Amortization Depreciation Earnings Before Interest 246

The Motley Fool

SEPTEMBER 2, 2023

These are vital assets, like pipelines and storage, that help move oil, natural gas, and the products into which they get turned around the world. For the most part, the partnership charges fees for the use of its assets, which creates fairly reliable cash flows over time. This is important. Image source: Getty Images.

Companies 246

Companies Amortization Depreciation Earnings Before Interest 246

The Motley Fool

JANUARY 10, 2024

After its 2022 merger with Kirkland Lake Gold and its acquisition of Yamana's Canadian assets, Agnico has emerged as a leading producer of gold -- and profits. This helps provide the ability to acquire more assets or to advance growth projects that will expand its mineral resources and strengthen the company's future.

Mergers and Acquisitions 243

Mergers and Acquisitions Debt Amortization Depreciation 243

The Motley Fool

JULY 10, 2024

This business segment is also enormously profitable, generating 189 billion yuan ($26 billion) in earnings before interest, taxes, and amortization (EBITA) in the fiscal year 2024. With so many valuable assets under its umbrella, Alibaba needs to do just one thing: execute well to unlock the value of these assets.

Amortization 246

Amortization Earnings Before Interest Leveraging Assets 246

The Motley Fool

MARCH 17, 2024

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. The table below shows the company's improvements in earnings and cash flow. Using cash flow to pay down debt (adjusted debt fell from $32.9

Debt 240

Debt Leveraging Amortization Depreciation 240

The Motley Fool

MARCH 6, 2024

To be sure, Garena's adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) is down from $2.8 This segment is also showing really high operating leverage, with Q4 adjusted EBITDA of $148.5 Taking operating earnings and dividing by average loans, Sea was able to make a 17.7%

Leveraging 246

Leveraging Financial Services Amortization Depreciation 246

The Motley Fool

JULY 8, 2024

These deals are expected to be completed by the end of the year and will increase the Enbridge's exposure to natural gas utilities from 12% of earnings before interest, taxes, depreciation, and amortization (EBITDA) to 22%. billion in proceeds from asset sales this year. billion of liquidity to invest in growth.

Amortization 240

Amortization Depreciation Earnings Before Interest Assets 240

The Motley Fool

JUNE 26, 2024

The midstream sector of the energy industry While the companies in the midstream space are best known for their pipeline assets, they perform a variety of tasks in the energy complex. Let's take a look at the dynamics of the industry and some stocks in the sector that look poised to outperform over the next several years.

Depreciation 246

Depreciation Enterprise Values Amortization Earnings Before Interest 246

The Motley Fool

NOVEMBER 26, 2024

Gates has donated much of his wealth to the foundation over the past 25 years, and he plans to contribute almost the entirety of his assets to charitable causes over the course of his life. It's leveraging its AI investments to grow two businesses at scale. Gates isn't alone in his pledge to give away his wealth. as of this writing.

Portfolios 245

Portfolios Investing Enterprise Values Amortization 245

The Motley Fool

FEBRUARY 12, 2024

Management plans to divest non-core assets to accelerate the paydown of that debt. Shares currently trade for an enterprise value/earnings before interest, taxes, depreciation, and amortization (EV/ EBITDA ) multiple of just 5x. Occidental's big investments in the Permian Basin have put pressure on its balance sheet.

Conglomerates 240

Conglomerates Enterprise Values Debt Amortization 240

The Motley Fool

JULY 18, 2024

It locks in the spreads with hedges and then uses leverage to increase its returns. When the Fed began increasing interest rates, mortgage rates followed suit. It's also grown its net-asset value (NAV) by 130% since 2007. Image source: Getty Images. It had investments in 191 portfolio companies at the end of Q1. in June.

Amortization 241

Amortization Depreciation Earnings Before Interest Leveraging 241

The Motley Fool

AUGUST 4, 2024

Kinder Morgan continues to deliver Over the last few years, Kinder Morgan has posted solid results and made multiple small- to medium-sized acquisitions in legacy oil and gas infrastructure assets, liquefied natural gas (LNG), and renewable natural gas (RNG). yield, another factor driving Kinder Morgan is its future earnings prospects.

Depreciation 225

Depreciation Debt Amortization Earnings Before Interest 225

The Motley Fool

DECEMBER 4, 2024

He wrote, "[We] believe [The Trade Desk] could rapidly scale its [operating system] ambitions via Roku's 85 million+ global streaming household footprint, while Roku could quickly leverage its first-party viewer data and expanding CTV inventory to match with growing advertiser demand." What does this mean for investors?

Investors 246

Investors Bidding Amortization Depreciation 246

The Motley Fool

SEPTEMBER 8, 2023

Selling debt increases leverage, adds to operating expenses (specifically interest expense), and can lead to credit downgrades. But the stream only ate up 23% of the earnings before interest, taxes, depreciation, and amortization ( EBITDA ) of the mine. Wheaton already put in as much capital as it intended to.

Investors 243

Investors Amortization Depreciation Earnings Before Interest 243

The Motley Fool

JULY 28, 2023

This ratio measures a company's financial leverage. When a company shows a negative D/E ratio, its liabilities exceed its assets -- a sign of potential problems. This increase is a positive sign, indicating that the company is generating more operating cash flow for each dollar of revenue earned.

Debt 245

Debt Amortization Shareholders Depreciation 245

The Motley Fool

AUGUST 4, 2023

Unity only expects its revenue to rise 5% to 9% on a pro forma basis (including ironSource) this year, but its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) are quickly rising. In other words, it could leverage its early-mover's advantage in the RPA market to build its own AI ecosystem.

Amortization 237

Amortization Depreciation Earnings Before Interest Leveraging 237

The Motley Fool

NOVEMBER 10, 2024

Management expects to generate about $80 billion in additional capacity for investments and shareholder returns through 2027 by maintaining its current leverage ratio and growing its earnings before interest, taxes, depreciation, and amortization (EBITDA).

Shareholders 234

Shareholders Returns Capital Taxes 234

The Motley Fool

APRIL 3, 2025

That said, only around 75% of Enbridge's business is tied to midstream assets. The rest comes from regulated natural gas utilities and renewable power assets backed by long-term contracts. It seems like Enbridge's leverage is reasonable overall, which should help assuage dividend concerns. Data by YCharts.

Leveraging 130

Leveraging Debt Amortization Depreciation 130

The Motley Fool

APRIL 23, 2024

The natural gas pipeline giant recently showcased its commitment to maintaining a conservative financial profile by adjusting its targeted- leverage ratio. Adjusting the target Kinder Morgan unveiled in its first-quarter earnings report that it's adjusting its long-term leverage target. times to its leverage ratio this year.

Leveraging 130

Leveraging Amortization Depreciation Earnings Before Interest 130

The Motley Fool

APRIL 4, 2024

Approximately 90% of Energy Transfer's 2024 earnings before interest, taxes, depreciation, and amortization ( EBITDA ) is projected to come from fee-based activities. Its assets also allow it to find the best times and places to sell the hydrocarbons it transports. cents it was before the distribution cut.

Enterprise Values 189

Enterprise Values Depreciation Leveraging Debt 189

The Motley Fool

JULY 17, 2024

ROCE is a profitability metric that is calculated as earnings before interest and taxes divided by total assets minus current liabilities. It is now leveraging that pricing model through a growing home delivery service. It showcases a company's ability to generate profits from capital, as well as manage debt.

Conglomerates 246

Conglomerates Capital Earnings Before Interest Debt 246

The Motley Fool

MARCH 11, 2025

There are clearly differences in the underlying assets each of these MLP's owns, but it would be understandable if an investor viewed them as somewhat interchangeable from a business perspective. In fact, Enterprise's leverage is generally at the low end of the industry relative to similarly sized peers.

Leveraging 130

Leveraging Debt Amortization Depreciation 130

The Motley Fool

JULY 28, 2023

They own things like pipelines, storage, transportation, and processing assets. Enbridge and other midstream companies generally charge fees for the use of their assets, sort of like charging a toll for the use of a bridge. Enbridge has more leverage than some of its closest peers, as the chart below shows.

Leveraging 130

Leveraging Debt Amortization Depreciation 130

The Motley Fool

JUNE 30, 2023

Meanwhile, many data infrastructure REITs allowed their leverage ratios to rise to relatively high levels. EBITDA = earnings before interest, taxes, depreciation, and amortization. As the slide shows, it has much lower leverage ratios than its peers. billion to $2.5 billion to $2.5 As a result, it issued $1.1

Leveraging 130

Leveraging Amortization Depreciation Earnings Before Interest 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. Meanwhile, the company ended last year with leverage of 3x, which is near the low end of companies in the midstream space. When the leverage at companies gets too high, there's a risk they may cut their dividend.

Enterprise Values 130

Enterprise Values Depreciation Leveraging 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 Based on a $3.20

Leveraging 130

Leveraging Amortization Depreciation Earnings Before Interest 130

The Motley Fool

MAY 14, 2024

"This strategic acquisition provides the quickest pipeline connectivity to and within the critical supply and demand centers for our NGLs, refined products, and crude oil assets in the Gulf Coast," stated CEO Pierce Norton in a press release unveiling the acquisition. times leverage ratio. The company ended Q1 with a solid 3.8

Leveraging 130

Leveraging Amortization Depreciation Earnings Before Interest 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. billion in net assets, Ares Capital Corporation is the largest publicly traded BDC in the U.S. With over $10.8 Ares Capital's debt-to-equity of 1.03

Capital 130

Capital Leveraging Debt Banks 130

The Motley Fool

SEPTEMBER 21, 2024

Enterprise Products Partners has come back from the abyss Midstream players like Enterprise own large energy infrastructure like pipelines , storage, and transportation assets. So leverage is a notable issue in the midstream sector. That weighed on the entire sector when interest rates were on the rise.

Leveraging 130

Leveraging Amortization Depreciation Earnings Before Interest 130

The Motley Fool

JUNE 29, 2024

These are vital assets that connect the upstream sector (drilling) to the downstream (refining and chemicals) and to the rest of the world. Midstream companies generally charge fees for the use of their assets, making them toll-taker businesses. It maintained its leverage at the low end of its peers. TTM = trailing 12 months.

Leveraging 130

Leveraging Amortization Depreciation Earnings Before Interest 130

The Motley Fool

DECEMBER 6, 2023

The pipeline company expects to generate $8 billion of adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ). Market fundamentals in the natural gas sector are strong, driving volume growth across its existing assets and creating new expansion opportunities. times target).

Leveraging 130

Leveraging Amortization Depreciation Earnings Before Interest 130

The Motley Fool

FEBRUARY 13, 2025

EBITDA = Earnings before interest, taxes, depreciation, and amortization. Assets under management (AUM) saw a decline due to foreign currency impacts. billion in 2024 and a conservative net leverage ratio of 0.93x, indicates a sound financial position poised for further investment. Revenue $10.4 billion $10.29

Leveraging 130

Leveraging Amortization Depreciation Earnings Before Interest 130