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 Capital 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

OCTOBER 29, 2024

billion, and we returned all of the cash we generated this year to shareholders through repurchases and dividends. We remain focused on enhancing the capital efficiency of all of our operations to produce consistent, sustainable returns and cash flows so that we can return more capital to shareholders through share repurchases and dividends.

Resale 130

Resale Securities and Exchange Commission (SEC) Taxes Leveraging 130

The Motley Fool

AUGUST 8, 2024

As our enhanced operating model gains traction, we believe it positions us well to deliver greater value for our customers, improve financial performance, and drive long-term shareholder value. Non-GAAP net income attributable to DXC shareholders was $2 million year over year. Non-GAAP EPS was $0.74, up 17% from $0.63 Moving to GIS.

Resale 130

Resale Consultants Consulting Accounting 130

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. 310 million of the finished lots we purchased in the second quarter were from Forestar.

Resale 130

Resale Securities and Exchange Commission (SEC) Taxes Capital 130

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

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. times, reflecting impressive growth in shareholder value. times to 1.4

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Leveraging Financing Finance 130

The Motley Fool

NOVEMBER 5, 2024

Further, it ensures we sustain our strong margins and generate value for shareholders over a longer period, balancing today's performance with tomorrow's opportunities. 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%.

Capital 130

Capital Debt Banks Resale 130

The Motley Fool

APRIL 26, 2024

During the spring selling season with a healthy supply of move-in ready inventory, we were able to capitalize on strong market conditions generated by the increasing need for housing for millennials and Gen Zs as well as the move-down Baby Boomers who continue to find our limited inventory, limited availability of resale housing supply.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Leveraging Financing Finance 130

The Motley Fool

NOVEMBER 5, 2024

As our shareholders know well, we announced Vision 2025 in July of 2022 in response to one of the most abrupt and significant contractions in housing and mortgage volumes in a generation. 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.

Leveraging 130

Leveraging Resale Financing Capital 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. Two, how does the M&A market look today, say, relative to returning more cash to shareholders this year? I guess, three very brief questions.

Leveraging 130

Leveraging Resale Taxes Capital 130

The Motley Fool

DECEMBER 7, 2023

billion in cash to our shareholders through dividends and stock buybacks. 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 billion, or 49% of revenue. We returned $13.5 We ended the fourth quarter with 14.2

Resale 130

Resale Banks Assets Depreciation 130

The Motley Fool

AUGUST 1, 2024

During the first half of the year, we generated roughly $200 million of free cash flow and returned $311 million to shareholders, nearly half of which consisted of share repurchases. That said, the balance sheet remains an important priority, and I will talk about plans for further debt reduction in a few minutes. Thanks a lot.

Capital 130

Capital Taxes Debt 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. We strive to balance growth in the business with returning cash to shareholders. billion and net debt to cap of negative 0.2%

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Taxes Resale Banks 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. As a shareholder, I hope so.

Banks 130

Banks Capital Resale Assets 130

The Motley Fool

MAY 8, 2024

billion in long term debt, just $2.5 It certainly seems a little bit more shareholder-friendly, whereas, you know what, Redstone may be pursuing, this is totally understandable, but it seems to be more tilted toward her self-interests or her family's self interests. It's because there's just not that much resale activity.

Banks 130

Banks Resale Portfolios Companies 130

The Motley Fool

AUGUST 3, 2023

APA remains committed to returning at least 60% of our free cash flow this calendar year to shareholders. During the first half of the year, we generated $366 million of free cash flow, 94% of which we return to shareholders via dividends and stock buybacks. billion to shareholders via share repurchases and dividends.

Capital 100

Capital Shareholders Banks Resale 100

The Motley Fool

JULY 20, 2023

We will maintain our disciplined approach to investing capital to enhance the long-term value of our company, including returning capital to our shareholders through both dividends and share repurchases on a consistent basis. Horton and had more than $780 million of liquidity at quarter end, with a net debt to capital ratio of 19.1%.

Banks 130

Banks Securities and Exchange Commission (SEC) Leveraging Taxes 130

The Motley Fool

SEPTEMBER 12, 2024

Our strengthening market position, profitable and growing business, and debt free balance sheet, all enabled our recently announced first-ever share buyback authorization. Last week, we launched our resale platform piloting with our own associates before launching a customer facing experience in the near future.

Leveraging 130

Leveraging Financing Finance Capital 130

The Motley Fool

JULY 15, 2023

The resale company's capital allocation strategy and growth expectations. As I've mentioned earlier, we're Winmark the resale company and our mission is to provide resale for everyone. It's the franchisor of resale brands, including Plato's Closet, Once Upon A Child, and Play It Again Sports.

Resale 130

Resale Shareholders Capital Companies 130

The Motley Fool

MAY 5, 2024

Resale company Winmark is a franchisor that owns concepts including Plato's Closet, Play It Again Sports, and Once Upon a Child. Mary Long: I'm Mary Long and that's Brett Heffes CEO of Winmark, a franchiser of resale concepts, including Plato's Closet, Play It Again Sports, and Once Upon a Child. You've got some debt.

Resale 130

Resale Shareholders Debt Legal 130

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

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. But the shareholder returns don't stop here. Image source: Getty Images.

Resale 130

Resale Shareholders Capital Return On Investment 130

The Motley Fool

SEPTEMBER 11, 2024

Let's first talk about our resale business. Total debt outstanding was $465.8 We will continue to evaluate all opportunities to bolster shareholder value, and we believe this recent repurchase activity is evidence of our conviction in our long term strategy. In total, our U.S. We ended the second quarter with $38.8

Taxes 130

Taxes Leveraging Portfolios Consultants 130

The Motley Fool

AUGUST 10, 2023

Total debt, excluding unamortized deferred financing fees and finance leases was $84 million, compared to $101 million at the end of last year's second quarter. And coupled with the recent changes to our credit facility, we believe this will provide additional flexibility as we look to drive future shareholder value.

Leveraging 130

Leveraging Banks Portfolios Resale 130

The Motley Fool

AUGUST 1, 2023

In the interim term, our expected cash flow generation boosted by our robust new build pipeline, along with normal course debt installment payments are expected to result in significant organic improvement in our net leverage. Turning our attention to the balance sheet and our debt maturity profile on Slide 20.

Debt 100

Debt Leveraging Collateral Resale 100

The Motley Fool

AUGUST 7, 2024

Having those shares available in public will help broaden our shareholders base, and a wider range of our shareholders can support us for medium and long-term perspective. The bad debt, for instance, or the residual value losses or the procurement situation, they get confused, so on. And we did have some impact as well at Honda.

Depreciation 130

Depreciation Financing Finance Banks 130