The Motley Fool

DECEMBER 3, 2023

3M plans to spin off Solventum, carrying relatively high debt, aiming for a net debt-to-earnings before interest, taxation, depreciation, and amortization ( EBITDA ) ratio of 3 times to 3.5 billion in net debt. billion in 2022, investors might pencil in Solventum to carry net debt of $7.2 3M will retain a 19.9%

Debt 246

Debt Enterprise Values Stakes Amortization 246

The Motley Fool

JANUARY 6, 2024

There was $129 billion in net debt on AT&T's balance sheet at the end of September, which isn't as frightening as it might seem. The company expects to achieve a manageable net debt-to-adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA) ratio of 2.5 million in net unsecured debt.

Investing 240

Investing Debt Amortization Depreciation 240

The Motley Fool

SEPTEMBER 28, 2023

Canopy Growth Canopy Growth (NASDAQ: CGC) is a Canadian cultivator that looks cheap and appears to be exposed to a lot of upside from cannabis legalization in the U.S., It's selling off a handful of its properties to pay down its long-term debt load of $789 million, generate more cash, and cut its expenses. but it's a trap.

Amortization 246

Amortization Depreciation Earnings Before Interest Legal 246

The Motley Fool

NOVEMBER 8, 2024

We are also excited to have several portfolio companies in the advanced stages of completing strategic acquisitions, which if successful, will provide the opportunity for additional future fair value appreciation in addition to providing us highly attractive incremental debt investments in these high-performing portfolio companies.

Capital 130

Capital Asset Management Due Diligence Securities and Exchange Commission (SEC) 130

The Motley Fool

MAY 29, 2024

The stock has always been a play on states' continued legalization of online sports and casino betting. This has steadily played out, with Vermont and North Carolina the latest to legalize sports betting. Florida has legalized online sports betting solely for the Seminole Tribe, although that action is being challenged in court.

Legal 130

Legal Enterprise Values Depreciation Amortization 130

The Motley Fool

AUGUST 3, 2023

market upon federal legalization of cannabis. It also has a lot of potential in Europe, where cannabis legalization is spreading. Tilray booked adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) increase of 93% to $22 million in the quarter -- its 17th consecutive quarter of positive adjusted EBITDA.

Mergers and Acquisitions 130

Mergers and Acquisitions Legal Amortization Depreciation 130

The Motley Fool

AUGUST 23, 2023

Marijuana investors have been discouraged the past two years due to the lack of progress toward federal legalization in the U.S. Meanwhile, the Canadian cannabis market, despite being fully legal, appears to be saturated, causing problems for the companies there. Its debt-to-equity ratio, on the other hand, is 0.89.

Legal 130

Legal Debt Amortization Depreciation 130

The Motley Fool

FEBRUARY 5, 2025

Because of the murky legal status of marijuana, with conflicts between state and federal regulations, many banks refuse to offer services to marijuana companies. Competition has been fierce among the legal growers, and, at the same time, illegal marijuana sales have remained a material portion of the industry.

Legal 130

Legal Debt Amortization Depreciation 130

The Motley Fool

MAY 12, 2024

After all, mediocre growth, declining margins, and costly legal issues have dogged the company in recent years, not to mention question marks around the sustainability of its dividend. The bullet has been bitten , and 3M's dividend will be cut, freeing up resources to meet legal settlements, restructure the business, and invest in growth.

Legal 130

Legal Enterprise Values Amortization Depreciation 130

The Motley Fool

JUNE 19, 2023

Cresco Labs Cannabis stocks have somewhat fallen out of favor lately over concerns about the lack of progress toward federal legalization in the U.S., but some still have enormous long-term potential even if legalization never comes. Cresco has a relatively high debt-to-equity ratio of 0.76.

Legal 130

Legal Amortization Depreciation Earnings Before Interest 130

The Motley Fool

JANUARY 10, 2024

It also reported a record adjusted earnings before interests, taxes, depreciation, and amortization ( EBITDA ) of CA$3.4 In September, the pot grower announced it had repurchased $9 million in convertible debt the month before. Better yet, what if legalization at the federal level happens? Its revenue of 63.4 million new shares.

Legal 130

Legal Prospects Amortization Depreciation 130

The Motley Fool

OCTOBER 17, 2024

Very few public companies offer monthly dividends, and the ones that do are typically real estate investment trusts (REITs) because they are legally required to pay out 90% of their taxable earnings to shareholders. However, management has successfully reduced net debt to $2.8 O net financial debt (quarterly); data by YCharts.

Debt 130

Debt Amortization Depreciation Earnings Before Interest 130

The Motley Fool

DECEMBER 4, 2023

DraftKings is gaining access to new markets as more governments move to legalize betting on sports. With the prospect of higher tax revenue likely to eventually lure the remaining state legislatures to legalize sports gambling, DraftKings has plenty of room for further expansion within the United States.

Legal 130

Legal Amortization Depreciation Earnings Before Interest 130

The Motley Fool

APRIL 2, 2025

billion, a 25% increase year over year, and consolidated adjusted earnings before interest, taxes, depreciation, and amortization of $10.1 billion in debt. It faces several risks, including legal and regulatory challenges, increasing competitive pressures, and mounting losses in its Reality Labs segment. With over 3.3

Hedge Funds 130

Hedge Funds Stakes Amortization Depreciation 130

The Motley Fool

APRIL 4, 2024

If you have $1,000 available to invest (meaning you have an emergency fund saved and high-interest debt paid down), the following two companies are good investment options to consider. Supreme Court to allow states to legalize and regulate sports betting individually has opened a new world of opportunities for the company.

Amortization 130

Amortization Depreciation Earnings Before Interest Legal 130

The Motley Fool

JUNE 14, 2023

The result is strong total returns As a REIT, Mid-America is legally obliged to return at least 90% of its taxable income to shareholders, and that has helped this dividend stock build a strong long-term record. ratio of net debt to EBITDA (earnings before interest, taxes, depreciation, and amortization). That's down from 18.9

Exchange-Traded Funds 130

Exchange-Traded Funds Amortization Depreciation Earnings Before Interest 130

The Motley Fool

DECEMBER 24, 2023

Enterprise is a master limited partnership, which has important tax considerations Enterprise operates as a master limited partnership (MLP) , a legal structure many midstream companies choose to operate under. MLPs are publicly traded limited partnerships, so investors can easily buy and sell units on a stock exchange.

Taxes 130

Taxes Depreciation Consultants Consulting 130

The Motley Fool

NOVEMBER 7, 2024

In Phillips 66's reconciliation of consolidated earnings, the company noted a whopping $605 million in legal accrual expenses, with the footnote saying the legal accrual is "primarily related to ongoing litigation." Companies will often adjust earnings to account for non-recurring expenses or charges that don't reflect operations.

Investing 130

Investing Legal Leveraging Shareholders 130

The Motley Fool

JULY 25, 2024

For example, the company's cannabis business is 100% debt-free. Aurora's only debt is 57.3 While Aurora isn't profitable, it is at least generating positive adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ). A few positives ; To be fair, Aurora Cannabis does have a few things going for it.

Amortization 100

Amortization Depreciation Earnings Before Interest Legal 100

The Motley Fool

AUGUST 12, 2023

Simply put, during summer upsell season, clients no longer have the time to schedule all of the meetings, legal reviews, reports, and [quarterly business reviews]. However, the shares currently trade for about 24 times the expected full-year adjusted EBITDA (earnings before interest, tax, depreciation, and amortization).

Amortization 130

Amortization Depreciation Earnings Before Interest Legal 130

The Motley Fool

MARCH 22, 2024

Capital returns are improving For the fourth year in a row, Signet generated more than $600 million in free cash flow, adjusted for a one-time legal settlement, meaning the stock trades at less than 7 times free cash flow. at the end of the quarter, and the company reduced its leverage target from a 2.75 ratio to 2.5

Amortization 130

Amortization Depreciation Shareholders Earnings Before Interest 130

The Motley Fool

MAY 30, 2024

Collectively, these actions reduced Canopy's debt by over $700 million in fiscal 2024, which brings our total debt reduction to over $1.1 Further, subsequent to the end of fiscal '24, we have also estimated or eliminated a $100 million short-term debt obligation and extended the maturity of a convertible note by five years.

Debt 130

Debt Legal Assets Depreciation 130

The Motley Fool

MARCH 6, 2025

We ended the fourth quarter with the lowest level of debt since our IPO, no near-term maturities, and half a turn of net leverage. Please also remember, we are lapping the approximately $20 million benefit from the net impact of legal settlements in the third quarter of last year. Chuck Grom -- Analyst OK, great.

Leveraging 130

Leveraging Taxes Legal Shareholders 130

The Motley Fool

MARCH 8, 2024

We have a five-year capital plan that addresses replacing key aged and fully depreciated assets in our manufacturing facilities. million, compared to a depreciation and amortization expense of 8.9 That depreciation and amortization expense represents 57% of capital invested. Year to date, we've made capital investments of 15.5

Depreciation 130

Depreciation Amortization Assets Capital 130

The Motley Fool

JANUARY 21, 2025

Earlier in the year, we spun off our healthcare business group as Solventum, and we settled two significant legal matters. Adjusted capex of approximately $1 billion will be in line with depreciation and amortization. The legal teams are driving this pretty hard. 2024 was a pivotal year for 3M. It's early days right now in '25.

Capital 130

Capital Depreciation Shareholders Leveraging 130

Axial

APRIL 3, 2025

Comparable Company Analysis This analysis benchmarks your companys valuation against similar businesses in the HVAC industry, considering factors like size, growth, geography, capital structure (including debt levels), and lifecycle stage.

Private Equity Firms 52

Private Equity Firms Private Equity Firms Finance Financing 52

Blackstone News

JUNE 5, 2023

and Bass, Berry & Sims PLC and Greenberg Traurig, LLP acted as legal advisors. Morgan Securities LLC, Santander US Capital Markets LLC, Scotiabank, Sumitomo Mitsui Banking Corporation (SMBC) and Wells Fargo acted as financial advisors to BREIT, and Simpson Thacher & Bartlett LLP acted as legal advisor. Eastdil Secured, J.P.

Amortization 89

Amortization Depreciation Legal Assets 89

The Motley Fool

AUGUST 9, 2024

Each of which were funded by follow-on debt investments by Main Street for a total of over $36 million of incremental debt investments in these portfolio companies. As a reminder, our private loan strategy principally represents investments in the senior secured debt of private equity-sponsored businesses.

Capital 130

Capital Asset Management Securities and Exchange Commission (SEC) Debt 130

The Motley Fool

NOVEMBER 9, 2023

Our Canadian business grew revenue for the third consecutive quarter, while we cut our costs by nearly half and reduced our debt by $1 billion. These advancements are complimented by this week's news that Ohio has voted to legalize cannabis for adult use. We have done the hard work to lay a firm foundation for sustainable growth.

Debt 100

Debt Depreciation Legal Assets 100

The Motley Fool

OCTOBER 29, 2024

We plan to use the cash proceeds to support our strategic priorities, including returns to shareholders and debt reduction. The adjusted results exclude special items, which include a legal accrual in the third quarter. In addition, the plan to cease operations at our Los Angeles refinery resulted in the acceleration of depreciation.

Assets 130

Assets Debt Capital Shareholders 130

The Motley Fool

AUGUST 31, 2023

We have received legal merger clearance in Australia, Brazil, Canada, the European Union, Israel, South Africa, Taiwan, and the United Kingdom and foreign investment control clearance in all necessary jurisdictions. the Hart-Scott-Rodino pre-merger waiting periods have expired, and there is no legal impediment to closing under U.S.

Mergers and Acquisitions 246

Mergers and Acquisitions Resale Banks Legal 246

The Motley Fool

AUGUST 9, 2024

Sarah is a lawyer by training and has more than two decades of legal, human resources, and operational experience. Depreciation contributed negative $0.02, and interest expense contributed a negative penny, excluding the impacts of our Empire bond securitization. You know, primarily, this is all going to debt repayment.

Debt 130

Debt Capital Assets Shareholders 130

The Motley Fool

FEBRUARY 10, 2024

A company is a legal entity. 2019, accountants finally come to their senses and say leases are debt. They've always been debt. I've always treated them as debt. Depreciation is non cash. In a big chunk of this book is to show that people assume that if you have great management, you can live forever.

Companies 246

Companies Accounting Assets Banks 246

The Motley Fool

FEBRUARY 13, 2024

2 spot among LPs, all while maintaining our negligible debt position. According to internal models, cross-referenced with figures from BDSA, Organigram is the largest legal hash producer in the world and commands over 20% of the hash market in Canada as of the end of Q1. In Q1 fiscal 2024, adjusted gross margin increased to 31% or $11.2

Depreciation 130

Depreciation Taxes Capital Leveraging 130

The Motley Fool

JUNE 23, 2023

To this effect, we have exited several members of the BioSteel leadership team and are considering all legal remedies available to us, including litigation to recover damages and costs associated with and resulting from the findings of the BioSteel review. billion, of which 557 million was classified as current portion of the long-term debt.

Debt 130

Debt Assets Capital Public Companies 130

The Motley Fool

MARCH 13, 2025

million in combined expenses for bad debt and loan liabilities; and 0.5 million in legal fees during the quarter to address regulatory inquiries and accruals for various potential franchise legal settlements, with partial offsetting cost savings related to no longer operating company-owned studios. Total long-term debt was 352.4

Liabilities 130

Liabilities Taxes Legal Capital 130

The Motley Fool

NOVEMBER 6, 2024

We have strengthened our balance sheet and will exceed our expectations to reduce our net debt by more than $200 million this year. Lastly, we made substantial progress on certain legacy compliance and legal matters, including resolving our Janssen settlement for which Emergent received a $50 million payment.

Debt 130

Debt Education Assets Shareholders 130