The Motley Fool

SEPTEMBER 22, 2023

Over the past year, it's consistently grown revenue at double-digit and triple-digit rates, while narrowing its losses on an adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) basis. It also ended its latest quarter with $948 million in total liabilities and just $255 million in cash and equivalents.

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Amortization Depreciation 130

The Motley Fool

AUGUST 9, 2023

Free cash flow to the holding company remained strong, driven by Enact's return of capital and tax payments in 2023 from Enact and the U.S. Total pre-tax statutory income for the U.S. LDTI requires us to remeasure LTC liabilities each quarter and compare actual performance against best estimate assumptions. GAAP tax rate.

Legal 100

Legal Liabilities Taxes Accounting 100

The Motley Fool

NOVEMBER 9, 2023

LTC had an adjusted operating loss of 71 million, driven by a liability remeasurement loss under LDTI. On a statutory accounting basis, pre-tax income for the U.S. life insurance companies is estimated at 30 million, driven by 21 million of pre-tax earnings in LTC. On a statutory accounting basis, pre-tax income for the U.S.

Liabilities 100

Liabilities Legal Debt Taxes 100

The Big Picture

MAY 9, 2023

So how do you then go from tax and audit practice to finance and investing? If I’d moved to Hong Kong, I think it would have looked like a fairly self-serving tax trade. They have a different liability structure, different investment goals, different investment risk tolerances, and we have different teams.

Liabilities 120

Liabilities Assets Banks Hedge Funds 120

The Motley Fool

APRIL 26, 2024

As we announced yesterday, we closed the transaction for a total enterprise value of $13 billion. Turning to EPS, adjusted EPS grew 9% in the quarter, reflecting 8% adjusted operating income growth and ongoing share buyback, partially offset by a higher tax rate in the quarter. and over the long term.

Capital 130

Capital Taxes Debt Business Services 130

The Motley Fool

APRIL 24, 2024

billion in enterprise value to be funded by cash on hand. billion of operating pre-tax income, and $1.68 Looking at our profit metrics, we expanded operating gross margin by 100 basis points and operating pre-tax margin by 130 basis points over last year, inclusive of about 100 basis-point currency headwind to pre-tax margin.

Consulting 130

Consulting Consultants Leveraging Taxes 130

The Motley Fool

OCTOBER 10, 2024

And we expect to grow earnings 30% over last year, with pre-tax income of $1.4 billion of pre-tax income for the September quarter. And I think when you were a cash taxpayer pre-pandemic, your cash tax rate was in the low to mid-teens. billion, which would mark one of the best, if not the best, fourth quarters in our history.

Taxes 130

Taxes Debt Leveraging Legal 130

The Motley Fool

MARCH 13, 2024

We have acquired PDP for an enterprise value of $118 million in a combination consisting of roughly one-third stock and two-thirds cash. per share and not greater than $15 per share, less any applicable withholding taxes and without interest, using available cash on hand. times next 12 months EBITDA.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Shareholders Enterprise Values Leveraging 130

The Motley Fool

FEBRUARY 5, 2024

During the quarter, we sold a portion of our interest in ABG for gross proceeds of $300 million in cash and reported pre-tax and after-tax gains of $157 million and $118 million, respectively. David Simon -- Chairman, President, and Chief Executive Officer Yeah, remember, that -- that was enterprise value.

Assets 130

Assets Portfolios Enterprise Values Capital 130

The Motley Fool

JULY 31, 2024

This helps support the franchise, generates great returns for the house, and should increase enterprise value for both Sculptor and Rithm at the top of the house. Our second-quarter pre-tax income was $248 million, delivering a 23% ROE, excluding mark-to-market on the owned portfolio. The Motley Fool has a disclosure policy.

Capital 130

Capital Amortization Shareholders Finance 130

The Motley Fool

OCTOBER 23, 2024

Our total debt to enterprise value was approximately 25%, while our fixed charge coverage ratio, which includes principal amortization and the preferred dividend, is very healthy at 4.5 Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.

Debt 130

Debt Capital Leveraging Assets 130

The Motley Fool

FEBRUARY 15, 2024

billion in pre-tax income for the third time in its history, due largely to lower energy costs and an efficient planned turnaround at our Ingleside plant, even as product markets soften compared to 2022. Moving on to chemicals, in 2023, OxyChem generated pre-tax income nearly matching its second-highest year ever. billion BOE from 3.8

Assets 130

Assets Debt Capital Shareholders 130

The Motley Fool

JULY 24, 2024

Our total debt-to-enterprise value was approximately 30%, while our fixed-charge coverage ratio, which includes principal amortization and the preferred dividend, is very healthy at 4.7 Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.

Debt 130

Debt Capital Assets Asset Management 130

The Motley Fool

AUGUST 3, 2023

The after-tax gain is associated with the ABG raising of primary capital, which we get diluted down. So it's a – we have a dilution gain after tax, it was $0.07. of tax in the tax line, Michael, for that transaction. So yes, we're feeling very comfortable that we'll be above the 3%. And that's simple as that.

Assets 100

Assets Capital Taxes Portfolios 100

The Motley Fool

APRIL 24, 2024

We provide guidance on several other inputs in our earnings release, including acquisition and disposition volume, general and administrative expenses, non-reimbursable real estate expenses, and income and other tax expenses. times, which is flat quarter-over-quarter. With that, I'd like to turn the call back over to Joey.

Debt 130

Debt Leveraging Capital Finance 130

The Motley Fool

NOVEMBER 6, 2024

Production cost improving 7% from the prior period, driven by less downtime, resulting in lower workover expense, and finally, a lower cash tax rate, primarily a result of accelerated tax depreciation due to the Grayson Mill acquisition. Our solid financial performance enabled another quarter of strong cash returns for shareholders.

Debt 130

Debt Assets Shareholders Capital 130

The Motley Fool

FEBRUARY 14, 2024

We recorded $709,000 of income tax expense during the fourth quarter. Our total debt to enterprise value was approximately 27%, while our fixed charge coverage ratio, which includes principal amortization and the preferred dividend, is in a very healthy position at five times. This brings the total for the year to $2.9

Debt 130

Debt Banks Capital Leveraging 130

The Motley Fool

OCTOBER 25, 2023

Income tax expense was approximately $709,000 during the third quarter. For the full year, we continue to expect income tax expense to be between $2.5 Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. million and $3.5

Debt 100

Debt Banks Assets Capital 100

The Motley Fool

FEBRUARY 13, 2024

And if we add our quarter-end domestic net debt and subtract the market value of our 56% stake in MGM China and analyst consensus estimates for the value of our 50% of BetMGM, then we have the enterprise value of our operations, less China and BetMGM, of $10.6 Thanks for taking my question.

Banks 130

Banks Leveraging Capital Accounting 130

The Motley Fool

FEBRUARY 1, 2024

During this time, we stuck to our objectives of investing capital at reasonable returns, providing reliable value-added services to customers, consistently returning capital to our partners, and increasing the value of the partnership for the long term. During this time, the enterprise value of the partnership has grown from 1.2

Capital 130

Capital Debt Assets Banks 130

The Motley Fool

OCTOBER 30, 2024

This in itself should drive long-term enterprise value creation through earnings outperformance. million of for tax refund. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. The Motley Fool has no position in any of the stocks mentioned.

Legal 130

Legal Prospects Leveraging Resale 130

The Motley Fool

AUGUST 7, 2024

First of all, we may have to make a differentiation between pre-tax and after tax ROUNTA. Just assume it's all after tax. A good after tax number is ballpark where Lulu is, I would say 30% and above, you start to get a sense a company is doing something really nice with its assets. billion in liability, add back 1.7

Amortization 130

Amortization Debt Assets Taxes 130

The Motley Fool

AUGUST 4, 2023

with an enterprise value of $200 million. Today, we have 60,000 some built geographically and product diverse apartments with a value of $15.5 FFO yield and a 4.25% tax-adjusted cap rate generating an approximate 13% unleveraged IRR over our 25-year hold period. reduction in Texas taxes. reduction in Texas taxes.

Debt 100

Debt Taxes Banks Capital 100

The Motley Fool

JULY 28, 2023

Given the strong interest to partner with ETM and the high caliber of potential partners, we, together with our board, decided to accommodate a greater share of investors and increased the equity capitalization to 13%, considering an enterprise value of $26 billion. The implied pre-money equity value for Vale was $25.1

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Shareholders Finance Financing 130

The Motley Fool

FEBRUARY 23, 2024

Our strategy to deliver on that value proposition starts first with capital discipline, a returns-focused capital allocation strategy, guided by our premium hurdle rate, which requires investments to earn at least 30% direct after-tax return at $40 oil and $2.50 natural gas. Using a $65 to $85 oil price range and a $3.25

Shareholders 130

Shareholders Assets Capital Returns 130

The Motley Fool

JULY 31, 2024

Now these included a drawdown of royalties in taxes as prices fell from late 2023, along with seasonal movements in amounts due to our JV partners. My experience is that here in mining, it's not often that you have a high percentage of synergies compared to the enterprise value. In some industries, you have a smaller percentage.

Assets 130

Assets Capital Shareholders Portfolios 130

The Motley Fool

MARCH 6, 2024

So in November 2023, we announced the acquisition of Reldan at a $211 million enterprise value. And, of course, the taking from enterprise to the cash consideration will result in USD155.4 It's anticipated to be value accretive on day one. Taxes and royalties were much lower and reflects the lower profitability.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Assets Capital Debt 130

The Motley Fool

AUGUST 8, 2023

The revenue change was primarily driven by lower cannabis flower sales in Israel due to competitive activity, the slowdown in patient permit authorizations and political unrest; and in Canada due to adverse price mix shift in the cannabis flower category, driving increased excise tax payments as a percent of revenue.

Taxes 100

Taxes Stakes Enterprise Values Portfolios 100

The Motley Fool

DECEMBER 21, 2024

With an enterprise value of $763 million, Luminar isn't expensive at 7 times next year's sales. Luminar originally expected its earnings before interest, taxes, depreciation, and amortization ( EBITDA ) to turn positive in 2024. That pressure could squeeze its gross margins and keep it unprofitable for the foreseeable future.

Mergers and Acquisitions 246

Mergers and Acquisitions Enterprise Values Amortization Depreciation 246

The Motley Fool

FEBRUARY 11, 2025

times enterprise value -to-EBITDA ratio, and a 20.5 Unfortunately, the valuation is much higher when one uses the number investors should probably use when trying to value the company. That's after-tax income from operations, which is the lowest number above, by far. EV-to-free cash flow ratio. That obviously won't recur.

Enterprise Values 130

Enterprise Values Taxes Liabilities Stakes 130

The Motley Fool

JANUARY 9, 2025

Its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) -- which turned positive for the first time in 2023 -- is expected to nearly quadruple to $1.34 billion in total liabilities and a high debt-to-equity ratio of 24.7, Carvana's revenue rose 21% year over year to $10.13 billion for the full year.

Enterprise Values 130

Enterprise Values Initial Public Offering Amortization Depreciation 130

The Motley Fool

MARCH 31, 2025

The reduction in operating losses, along with an increase in cash collected from accounts receivable, including the sale of Italian value-added tax receivables of 5.9 So, your sort of enterprise value of the whole was over, I guess, over 100 million. Is that right? The Motley Fool has a disclosure policy.

130

130

The Motley Fool

DECEMBER 3, 2024

We expect a non-GAAP tax rate of 7% for the fourth quarter. Please note that we forecast our non-GAAP tax rate in fiscal 2026 to step up to be in the range of 10% to 11% in anticipation of a meaningful year-over-year increase in our operating income. So, a couple thoughts. The Motley Fool recommends Marvell Technology.

Leveraging 130

Leveraging Debt Returns Taxes 130

The Motley Fool

FEBRUARY 25, 2025

Puts us in a really good position to move more toward the other side of the capital allocation discussion, which is the share repurchases and reducing the enterprise value. And in our mind, it didn't make sense to lever up Viper in exchange for after-tax debt dollars at the parent. So we did a highly equitized trade.

Shareholders 130

Shareholders Capital Debt Assets 130

The Motley Fool

FEBRUARY 12, 2025

million tax benefit due to a valuation allowance release. So that has greatly reduced both our cost to acquire and our cost of serve on the enterprise side. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. We reported GAAP net income of $147.2

Bidding 130

Bidding Capital Shareholders Accounting 130

The Motley Fool

AUGUST 9, 2023

We expect our effective tax rate for the full-year 2023 to be approximately 29%, exclusive of any discrete items. million annually, and we will be responsible for maintenance, capital expenditures, property insurance, and property tax payments. We expect our full-year 2023 adjusted EBITDA to be between $490 million and $520 million.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Debt Legal Capital 130

The Motley Fool

OCTOBER 29, 2024

And -- we delivered another strong quarter with pre-tax income, excluding mark-to-market on the owned MSR portfolio of approximately $246 million, which is an increase of 8% quarter over quarter and delivering a 24% return on equity. Baron Silverstein -- President, NewRez Thank you, Michael. Good morning. I'm going to start on Slide 16.

Capital 130

Capital Asset Management Assets Performance Fees 130