The Motley Fool

DECEMBER 12, 2024

Measure on resales, Q4 industrial resales of $173 million declined 27% year on year. Free cash flow as a percentage of revenue has declined from the same quarter a year ago, due to higher cash interest expense from debt related to the VMware acquisition, higher cash taxes due to a higher mix of U.S. billion of cash and $69.8

Debt 246

Debt Resale Taxes Accounting 246

The Motley Fool

JUNE 8, 2024

Two excellent examples are home improvement juggernaut The Home Depot (NYSE: HD) and resale goods franchisor Winmark (NASDAQ: WINA). With a 34% return on invested capital (ROIC) , Home Depot generates outsize profitability compared to its debt and equity. while only using 57% of its net income to fund these payments.

Resale 130

Resale Shareholders Capital Return On Investment 130

The Motley Fool

SEPTEMBER 5, 2024

Finally, Q3 industrial resales of $164 million declined 31% year on year. We believe we are approaching bottom in Q3 as Q4 resales are expected to recover sequentially. Year on year, Q4 industrial resales will still be down approximately 20%. billion of gross principal debt. years, respectively. years, respectively.

Resale 238

Resale Debt Taxes Liabilities 238

The Motley Fool

JANUARY 18, 2024

Pay off debt with lower interest If you have a good credit score , 2024 could be the year to pay off your credit card debt faster -- by replacing it with lower-interest debt. Here are a few ways that you could get out of debt faster with lower interest rates in 2024.

Resale 130

Resale Debt Finance Financing 130

The Motley Fool

JUNE 9, 2024

Her concerts have been selling out in minutes, and if you've tried getting your hands on tickets to one, you know they're going for thousands of dollars on resale sites. Image source: Getty Images Swifties, we don't have to tell you that Taylor Swift's Eras Tour is the hottest ticket of the year. It's enough to make any fan despair!

Resale 130

Resale Debt Banks 130

The Motley Fool

AUGUST 26, 2023

For homeowners looking for ways to finance renovations projects, that raises a good question -- could it be savvy to use your 401(k) to finance home renovations, especially if your other options are high-interest debt ? This gives you time to pay off your balance without risking going into credit card debt.

Resale 130

Resale Taxes Debt Finance 130

The Motley Fool

JUNE 12, 2024

Finally, Q2 industrial resale of $234 million declined 10% year on year. And for fiscal '24, we now expect industrial resale to be down double-digit percentage year on year, compared to our prior guidance for high single-digit decline. billion of cash and 74 billion of gross debt. So, to sum it all up, here's what we are seeing.

Resale 246

Resale Banks Debt Portfolios 246

The Motley Fool

MAY 16, 2024

Cloud infrastructure and IT outsourcing organic revenue declined 7%, an improvement from double-digit declines we saw in the prior three quarters due to a significant resale transaction delivered in the quarter. Modern Workplace organic revenue declined year to year in the mid-teens impacted by resale revenue, which was down 30%.

Resale 130

Resale Consulting Consultants Debt 130

The Motley Fool

SEPTEMBER 19, 2023

That's a large pile of debt right there. More: Check out our picks for the best mortgage lenders When your property tax bill soars Seeing your home's value increase is a good thing from a resale perspective. Now, you're probably aware that home improvements can be expensive. And it's important to be careful when financing them.

Resale 130

Resale Taxes Finance Financing 130

The Motley Fool

AUGUST 28, 2023

You shop for dishware at a local thrift store and home improvement items at a nearby Habitat for Humanity resale store. That's money you can use to build an emergency savings account , pay down debt, or invest for retirement. And when you need auto parts, there's an auto part recycling shop near your home.

Resale 130

Resale Banks Accounting Debt 130

The Motley Fool

NOVEMBER 7, 2024

year to year organically as services revenue was down 8% in line with prior quarter, and resale declined 19%. largely due to disciplined resource management, ongoing actions to optimize our data centers and networks, and the lower mix of resale revenue. The resale element is a relatively small component of the improvement.

Resale 130

Resale Consultants Consulting Accounting 130

The Motley Fool

DECEMBER 15, 2023

homebuilding debt-to-total cap ratio with $6.3 billion plus or minus of net cash flow over the next year, we have the flexibility to invest capital strategically and growth while retiring debt as it matures and repurchasing shares of Lennar stock, which we expect to repurchase at least $2 billion of stock over the next year.

Resale 130

Resale Debt Assets Financial Services 130

The Motley Fool

FEBRUARY 1, 2024

By this, I mean further reducing low-margin resale revenue and driving a higher level of services, including those directly associated with AI and automation. Our results continue to be impacted by the year-to-year decline of resale revenues, which was 90 basis points of the 4.5% Our financial focus is on improving the business mix.

Resale 130

Resale Banks Capital Assets 130

The Motley Fool

JULY 25, 2024

These tenants allow us to target the biggest piece of the potential homebuyer pool by effectively competing its resale inventory, not just in today's environment that favors builders but also when the resale market returns to historical averages. We issued $575 million in new 1.75% convertible debt due 2028. as of June 30, 2024.

Resale 130

Resale Securities and Exchange Commission (SEC) Leveraging Banks 130

The Motley Fool

MARCH 7, 2024

And finally, Q1 industrial resales of $215 million declined 6% year on year. In fiscal '24, we continue to expand industrial resales to be down high single digits year upon year. billion of gross debt. The weighted average coupon rate and years to maturity of our $48 billion in fixed-rate debt is 3.5% years, respectively.

Resale 188

Resale Debt Banks Shareholders 188

The Motley Fool

AUGUST 31, 2023

Finally, Q3 industrial resales of $236 million declined 3% year on year, reflecting weak demand in China. And in Q4, though, we expect an improvement with industrial resales up low single-digit percentage year on year, reflecting largely seasonality. billion of gross debt, of which 1.1 We ended the third quarter with 12.1

Mergers and Acquisitions 246

Mergers and Acquisitions Resale Banks Legal 246

The Motley Fool

APRIL 18, 2024

Forestar had approximately $800 million of liquidity at quarter end with a net debt to capital ratio of 16.4%. Debt at the end of the quarter totaled $5.9 First, on the resale market, I'm curious some of your thoughts there. We do that to compete in the new-home market as much as we do against the resale market.

Resale 130

Resale Securities and Exchange Commission (SEC) Taxes Capital 130

The Motley Fool

AUGUST 6, 2024

We also successfully completed a tender exchange of our 2025 unsecured notes, extending the maturity to 2027 and reducing outstanding corporate debt by $137 million. As part of this transaction, we recorded a $6 million loss on the extinguishment of debt. During the second quarter, pull-through weighted rate lock volume was $5.8

Debt 130

Debt Leveraging Resale Liabilities 130

The Motley Fool

SEPTEMBER 15, 2023

debt to total capitalization, down from 13.3% billion cash position, our net debt to total capital is actually negative, and our balance sheet is being carefully managed to provide extraordinary liquidity and flexibility. And accordingly, we'll continue to retire debt and purchase stock opportunistically. billion, or $3.87

Resale 130

Resale Assets Debt Capital 130

The Motley Fool

AUGUST 8, 2024

While resale revenues performed as expected, down 28% year over year, services revenue declined 8% helped by higher-than-anticipated in-quarter volumes. The lower mix of resale revenue also contributed to the year-to-year margin improvement. As planned, we incurred a modest increase to our debt levels to $4.1 Moving to GIS.

Resale 130

Resale Consulting Consultants Accounting 130

The Motley Fool

FEBRUARY 4, 2025

year to year organically and services revenue was down approximately 7% and resale fell approximately 16%. 3Q resale was down approximately 2%, improving from steeper declines in recent quarters, and we continue to be selective on our resale opportunities based on deal economics. The book-to-bill ratio of 1.51 That's helpful.

Resale 130

Resale Consulting Consultants Capital 130

The Motley Fool

NOVEMBER 1, 2023

year-to-year decline, 160 basis points came from a reduced level of low-margin resale revenues, which was in line with our expectations. Net interest expense increased $9 million year over year to $25 million, primarily due to a higher level of variable interest expense on short-term debt. Non-GAAP EPS was down $0.05

Resale 187

Resale Taxes Capital Assets 187

The Motley Fool

OCTOBER 29, 2024

Forestar had approximately $860 million of liquidity at year-end with a net debt-to-capital ratio of 12.4%. Our debt at September 30 totaled $5.9 And in markets where there's pressure on insurance, we see a consistent and relatively stable insurance premiums, which are our competitive advantage against the resale market.

Resale 130

Resale Securities and Exchange Commission (SEC) Taxes Leveraging 130

The Motley Fool

NOVEMBER 16, 2023

Our performance has kept the Children's Place brands in the leadership position on social media, representing close to 50% of total social impressions among our children apparel resale competitive set. Maybe, Sheamus, can you just give us -- elaborate a little bit more on the free cash flow outlook for the year and sort of debt paydown plans?

Securities and Exchange Commission (SEC) 188

Securities and Exchange Commission (SEC) Taxes Debt Resale 188

The Motley Fool

JUNE 15, 2023

debt to total capital capitalization ratio, down from 14.2 If we reflect on our second-quarter results, we not only accomplished excellent cash flow and bottom-line results, but we repurchased $208 million of stock and we also repurchased approximately $158 million of senior debt due in fiscal 2024. We've repaid about 5.6

Resale 130

Resale Assets Debt Capital 130

The Motley Fool

JANUARY 23, 2024

Forestar had more than $840 million of liquidity at quarter-end with a net debt to capital ratio of 14.9%. Debt at the end of the quarter totaled $5.3 We also have a sizable debt maturity that's very early in fiscal '25 of $500 million in October. Obviously, resale inventory was incredibly tight. billion of cash and $3.1

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Resale Leveraging Taxes 130

The Motley Fool

JULY 30, 2024

At a high level, the housing market remains healthy with demand supported by strong fundamentals, including household formations and migration trends, years of underproduction and a lock-in effect limiting the supply of resale homes. billion of debt outstanding, including $819.7 and net debt-to-capital ratio of 43%.

Leveraging 130

Leveraging Taxes Debt Resale 130

The Motley Fool

MAY 15, 2024

Credit card debts are at all-time highs. Resources that can be used to enhance output or resale so that can be leveraged to support other areas of the business. With respect to our balance sheet, as of year-end, our cash and cash equivalents stood at 11 million and our total debt stood at 73.3 The economy.

Assets 130

Assets Capital Resale Accounting 130

The Motley Fool

NOVEMBER 5, 2024

billion of debt outstanding, including $863.3 million drawn on our revolver, resulting in a debt-to-capital ratio of 43.6%, and net debt-to-capital ratio of 42.7%. The fundamentals of the housing market are strong, supported by continued household formations, years of underproduction and limited supply of resale homes.

Debt 130

Debt Capital Banks Resale 130

The Motley Fool

FEBRUARY 2, 2024

Orange County, and Atlanta, both underperformed mainly for reasons related to bad debt, skips and evictions, and fraud. Orange County will come primarily from a reduction in bad debt as we repopulate many of our vacant units with residents who actually pay their rent. Of the remaining three, L.A. We anticipate the improvement in L.A.

Debt 130

Debt Taxes Capital Assets 130

The Motley Fool

AUGUST 1, 2023

And lastly, the resale home market remains tight as existing buyers are hesitant to leave their low rate mortgages, which limits available inventory and helps to increase new home demand. billion and net debt to cap of negative 0.2% Our target net debt to cap has always been kind of in the low – mid-20s, we are way off of that.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Taxes Resale Banks 130

The Motley Fool

NOVEMBER 5, 2024

And obviously, new build has been a really bright spot in the market over the last couple of years versus what we're seeing in resale. But it is a very, very positive business for us because it's predictable. So, we really like that business and would like to do as much of it as we can. Operator At this time, there are no further questions.

Leveraging 130

Leveraging Resale Finance Financing 130

The Motley Fool

AUGUST 1, 2024

That said, the balance sheet remains an important priority, and I will talk about plans for further debt reduction in a few minutes. Our cost of capital synergy estimate assumed terming out Callon's $2 billion debt at APA's lower long-term cost of borrowing. billion three-year term loan to refinance this debt. Thanks a lot.

Capital 130

Capital Taxes Debt Assets 130

The Motley Fool

JANUARY 19, 2024

The strong cash generated drove a reduction in net interest expense by about $20 million compared to the fourth quarter of 2022 as we repaid some high variable cost debt during the quarter. And so, we'll be a little cautious here in Q1 so that we don't get back into paying high interest cost debt, which we just got out of.

Leveraging 130

Leveraging Resale Taxes Capital 130

The Motley Fool

DECEMBER 7, 2023

Industrial resales were 962 million. In fiscal '24, we expect industrial resales to be down low single digits year on year. billion of gross debt, of which 1.6 And finally, Q4 industrial sales of 236 million was stable year on year in fiscal '23. We continue to remain disciplined on how we manage inventory across the ecosystem.

Resale 130

Resale Banks Assets Shareholders 130

The Motley Fool

FEBRUARY 1, 2024

As we previously discussed, two of the largest population cohorts, the millennials and recently Gen Zs are having life events lean to increased levels of need-based housing that currently cannot be met by the constrained resale of home supply in the market. Our net debt-to-cap remains well below our max ceiling, which is in the mid 20%.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Leveraging Finance Financing 130

The Motley Fool

JULY 26, 2024

The balance sheets just bulking up over time, 6 billion bucks, rough numbers of retained earnings and super cash flow, no long term debt, working capital, six $7 billion, and they don't have a need for it. Winmark is a resale franchiser of companies like Played Against Sports, Plato's Closet. He has a model for it.

Banks 130

Banks Capital Resale Assets 130