The Motley Fool

APRIL 2, 2024

The analyst retained a buy rating on the stock and raised the price target to $425 from $400 following the announcement to buy SRS Distribution for an enterprise value, or EV, (market cap plus net debt) of $18.25 times EBITDAR and adjusted debt to $55 billion to $69 billion; this looks manageable. It generated $1.1

Enterprise Values 130

Enterprise Values Debt Earnings Before Interest Amortization 130

The Motley Fool

OCTOBER 17, 2024

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 Typically, investors value midstream companies using an enterprise-value -to-EBITDA (EV/EBITDA) multiple. target range. times distribution coverage ratio in the second quarter.

Enterprise Values 130

Enterprise Values Depreciation Earnings Before Interest Amortization 130

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 times (one of the most common ways to value midstream stocks) is attractive and well below the 13.7 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

MAY 15, 2024

However, Chevron is by far the largest, with a nearly $320 billion enterprise value compared to Occidental's at over $80 billion. billion of debt. That put its leverage ratio at 12%, or 8.8% billion of debt and about $1.2 That exceeded the company's long-term target to get debt below $15 billion.

Debt 246

Debt Enterprise Values Leveraging Portfolios 246

The Motley Fool

MAY 19, 2024

It took some of that cash and bought back about $150 million in debt. Without reducing debt any further, the company is on track to get to 3 times leverage (net debt/adjusted EBITDA) by year end. Image source: Getty Images. This is something I firmly believe.

Enterprise Values 130

Enterprise Values Leveraging Debt Prospects 130

The Motley Fool

MAY 11, 2024

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. What this means for investors in simpler terms is that Enterprise's distribution payout is well covered by its cash flow.

Depreciation 241

Depreciation Enterprise Values Leveraging Debt 241

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). They're still working to pay down debt, which eats up a lot of cash flow.

Shareholders 234

Shareholders Returns Capital Taxes 234

The Motley Fool

APRIL 4, 2024

This is important for investors because it allows the company to pay out its distribution while still being able to pay down debt. When Energy Transfer cut its distribution in 2020, it was because its leverage became too high, and it needed to pay down debt. cents is now higher than the 30.5

Enterprise Values 189

Enterprise Values Depreciation Leveraging Debt 189

The Motley Fool

NOVEMBER 10, 2023

During 2023, Medical Properties has found itself in need of de-leveraging and has sold off some properties to do so. Earlier this year, Medical Properties even cut its dividend almost in half in September in order to help it pay off debt and increase flexibility.

Enterprise Values 246

Enterprise Values Prospects Debt Financing 246

The Motley Fool

APRIL 19, 2024

I consider Enterprise's distribution extremely safe. The two biggest areas to look at when it comes to dividend safety are its distribution coverage ratio and leverage ratio. On that front, Enterprise had a robust 1.7x When the leverage at companies gets too high, there's a risk they may cut their dividend.

Enterprise Values 130

Enterprise Values Depreciation Leveraging Earnings Before Interest 130

The Motley Fool

SEPTEMBER 29, 2024

Qualcomm also generates most of its profits from its higher-margin licensing business, which leverages its massive portfolio of wireless patents to squeeze royalties and licensing fees from every smartphone sold worldwide (including those that don't use Qualcomm's SoCs). It has an enterprise value of nearly $190 billion with 1.1

Investors 130

Investors Enterprise Values Buyout Bidding 130

Private Equity Professional

OCTOBER 16, 2024

Centerbridge invests between $50 million and $300 million in US-based leveraged buyouts and distressed securities. Pine Island makes control equity, minority equity, and structured equity investments of $30 million to $250 million in US and Canadian-based companies with enterprise values ranging from $50 million to $500 million.

Leveraged Buyouts 130

Leveraged Buyouts Enterprise Values Buyout Leveraging 130

The Motley Fool

NOVEMBER 3, 2024

Both leverage AI technology to respond to and evolve in the face of new threats in real time. At its peak, SentinelOne traded at a blistering enterprise value -to-sales ratio of more than 120. It is well funded, with $708 million and zero debt, which it can use to invest in marketing, product development, and acquisitions.

Enterprise Values 130

Enterprise Values Leveraging Debt Returns 130

The Motley Fool

FEBRUARY 12, 2024

The company now holds a significant amount of debt. 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. By comparison, Chevron trades for a 6.6x

Enterprise Values 240

Enterprise Values Conglomerates Debt Earnings Before Interest 240

The Motley Fool

OCTOBER 12, 2024

At the same time, Energy Transfer continues to trade at a forward enterprise-value -to- EBITDA multiple of 8 times based on 2025 estimates, which is well below historical levels, not to mention one of the lowest valuations in the MLP space. Its second-quarter results reported a distribution coverage ratio of over 1.8

Enterprise Values 246

Enterprise Values Shareholders Leveraging Debt 246

The Motley Fool

SEPTEMBER 30, 2024

billion and boost its debt-to-equity ratio to 1.2. Its enterprise value of $2.5 It ended its latest quarter with just $243 million in cash and equivalents, and its high debt-to-equity ratio of 3.3 That lifeline will keep Plug Power's business alive, but it will also roughly double its total liabilities to $3.45

Enterprise Values 130

Enterprise Values Liabilities Debt Leveraging 130

The Motley Fool

DECEMBER 29, 2023

That marked the first time its total cash and BTC holdings exceeded its total debt. Marathon's revenues are soaring, but it isn't consistently profitable on a generally accepted accounting principles ( GAAP ) basis, and it's taking on a lot of debt to expand its mining operations. With an enterprise value of $6.1

Enterprise Values 245

Enterprise Values Debt Leveraging Returns 245

The Motley Fool

NOVEMBER 2, 2024

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. An attractive valuation One of the most common ways investors value midstream companies is by using an enterprise-value -to-EBITDA (EV/EBITDA) multiple.

Depreciation 130

Depreciation Debt Enterprise Values Earnings Before Interest 130

The Motley Fool

SEPTEMBER 6, 2023

An elevated leverage ratio led the master limited partnership (MLP) to slash its distribution to retain more cash for debt reduction in 2020. However, as leverage improved, the company's priority shifted back to rebuilding its payout. With an enterprise value (EV) of $98.5 billion and $13.4 billion for 2023.

Leveraging 130

Leveraging Enterprise Values Debt Capital 130

Private Equity Professional

AUGUST 12, 2024

The Lincoln Private Market Index (LPMI), which tracks changes in the enterprise value of privately held companies in the United States, increased by 1.9% Compared to the public markets, the S&P 500’s quarter-over-quarter enterprise value increase of 4.5% outpaced the LPMI. in the second half of 2023 to 11.1x

Buyout 100

Buyout Enterprise Values Leveraged Buyouts Leveraging 100

The Motley Fool

AUGUST 3, 2024

It ended the quarter with leverage of 3 times. It defines leverage as net debt adjusted for equity credit in junior subordinated notes (hybrids) divided by adjusted EBITDA. This leverage is considered low in the midstream space given the strong cash flow these companies generate. It had a distribution-coverage ratio of 1.6

Depreciation 130

Depreciation Leveraging Enterprise Values Earnings Before Interest 130

The Motley Fool

SEPTEMBER 21, 2023

It recently announced it was buying PFSweb for $181 million, or an enterprise value of $142 million, which includes the company's cash balance of $39 million. The company continues to focus on paying down debt to position itself for other acquisitions. Now, GXO has made another promising deal. A robot in a GXO warehouse.

Enterprise Values 130

Enterprise Values Leveraging Earnings Before Interest Amortization 130

The Motley Fool

MAY 29, 2024

The company generates a lot of cash flow, and has historically taken a conservative posture with leverage , which is also why it has been able to consistently increase its distribution. Leverage currently stand at 3, which is low for the midstream industry. Enterprise currently has a robust forward yield of 7.2%

Leveraging 130

Leveraging Taxes Enterprise Values Debt 130

The Motley Fool

MAY 29, 2024

The company generates a lot of cash flow, and has historically taken a conservative posture with leverage , which is also why it has been able to consistently increase its distribution. Leverage currently stand at 3, which is low for the midstream industry. Enterprise currently has a robust forward yield of 7.2%

Leveraging 130

Leveraging Taxes Enterprise Values Debt 130

The Motley Fool

OCTOBER 20, 2024

Kinder Morgan ended the quarter with a leverage ratio (net debt divided by trailing-12-month adjusted EBITDA) of 4.1. It now sees itself ending the year at 4 times leverage. Natural gas transport volumes rose 2% year over year, while natural gas gathering volumes rose 4%. However, crude and condensate volumes were down 4%.

Enterprise Values 130

Enterprise Values Leveraging Earnings Before Interest Amortization 130

The Motley Fool

SEPTEMBER 4, 2024

It's true that Carnival had to issue a lot of debt during the arduous downtime when it wasn't allowed to operate during the COVID-19 pandemic. Its enterprise value of $49.5 billion is more than double its market cap, so the multiples look less attractive if you zoom in -- or out -- to look at its net debt.

Enterprise Values 130

Enterprise Values Debt Leveraging Financing 130

The Motley Fool

AUGUST 31, 2024

billion enterprise value. leverage ratio after closing its deals with GIP. It anticipates leverage to steadily trend down toward its long-term target of 3.5 during 2026 as it grows its earnings and repays debt. a stock-based acquisition). EnLink currently has a $12.3 Oneok expects to end this year with a 3.9

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Leveraging Stakes 130

The Motley Fool

OCTOBER 13, 2023

However, its high debt-to-equity ratio of 2.9 That stock offering won't increase its leverage, but it will cause significant dilution for a company with an enterprise value of only $1.4 It secured a new $150 million revolving credit facility back in late July to broaden its safety net.

Enterprise Values 246

Enterprise Values Leveraging Earnings Before Interest Amortization 246

The Motley Fool

JUNE 29, 2024

billion in net debt on its balance sheet, generating cash flow and lowering that debt will be important. From a valuation perspective, the company trades at a forward price-to-earnings (P/E) ratio of about 17 and a forward enterprise value (EV) -to-EBITDA multiple of about 9. It reported adjusted free cash flow of $1.3

Depreciation 130

Depreciation Debt Enterprise Values Earnings Before Interest 130

The Motley Fool

NOVEMBER 5, 2024

Unfortunately, the price of oil has dropped considerably during the past six months, putting Occidental in a precarious position considering the amount of debt it took on to make the CrownRock acquisition. Its leveraged exposure to oil production has pushed down Occidental's share price to levels it hasn't seen since the beginning of 2022.

Banks 246

Banks Stakes Enterprise Values Earnings Before Interest 246

The Motley Fool

AUGUST 12, 2024

Profitability has risen at an even faster pace, showing the operating leverage in the company's business as it gains scale. billion in net debt. The latter metric takes into account its net debt and removes noncash items. The company's legacy apps business, meanwhile, saw revenue increase 7% to $369 million. a year ago.

Investors 130

Investors Enterprise Values Earnings Before Interest Amortization 130

The Motley Fool

JUNE 26, 2024

Low historic industry valuations Between 2011 to 2016, midstream companies on average traded at an enterprise value (EV) -to- EBITDA (earnings before interest, taxes, depreciation, and amortization) multiple of over 13.5 Today, multiples throughout the industry are much lower.

Depreciation 246

Depreciation Enterprise Values Earnings Before Interest Amortization 246

The Motley Fool

JANUARY 23, 2024

At its peak, Nio's enterprise value reached $91.4 But as of this writing, Nio trades at about $6 per share with an enterprise value of $12.1 That's a grim outlook for a company that ended its latest quarter with a high debt-to-equity ratio of 5.2. The Chinese electric vehicle (EV) maker went public at $6.28

Enterprise Values 130

Enterprise Values Debt Leveraging Returns 130

The Motley Fool

MAY 21, 2024

times average enterprise value (EV) -to- EBITDA multiple between 2011 and 2016, while today most midstream stocks trade at under a 10 times multiple. EV/EBITDA tends to be the most used metric to value midstream companies, as it takes into consideration their debt positions and takes out non-cash expenses.

Leveraging 130

Leveraging Enterprise Values Debt Returns 130

The Motley Fool

JANUARY 20, 2024

That's nearly half of MicroStrategy's current enterprise value of $9.7 billion in long-term debt and a debt-to-equity ratio of 3. But its enterprise value is getting a bit overheated at 19 times this year's sales. As a result, its Bitcoin holdings swelled from $250 million to $4.7

Enterprise Values 130

Enterprise Values Initial Public Offering Bidding Debt 130

The Motley Fool

JANUARY 14, 2024

It is the new debt that has been created from the acquisition. The deal was a mixture of cash and stock, with an enterprise value of $5.6 billion, including the assumption of debt. The company's debt-to-equity ratio rose from around 0.6 times thanks to the debt it took on to close the Hostess transaction.

Investors 130

Investors Debt Enterprise Values Leveraging 130

The Motley Fool

JUNE 23, 2024

Meanwhile, the company ended the first quarter with 3 times leverage, which it defines as net debt adjusted for equity credit in junior subordinated notes (hybrids) divided by adjusted interest, taxes, depreciation, and amortization ( EBITDA ). This has come down from the over 4 times leverage it was at in 2017.

Amortization 130

Amortization Depreciation Enterprise Values Leveraging 130