Benzinga

NOVEMBER 2, 2022

Including the Company's pro-rata share of joint venture cash and debt of $4.5 million, respectively, results in a third quarter 2022 net debt to annualized adjusted EBITDA ratio of 7.0x. million of undrawn forward equity, the net debt to annualized adjusted EBITDA ratio would be 6.0x.

Dividends 40

Dividends Equity Net Debt Finance 40

Musings on Markets

FEBRUARY 27, 2023

To fund the business, you can either use borrowed money (debt) or owner's funds (equity), and while both are sources of capital, they represent different claims on the business. Even government-owned businesses fall under its umbrella, with the key difference being that equity is provided by the taxpayers.

Equity 52

Equity EBITDA Start-ups Net Debt 52

Musings on Markets

MARCH 19, 2022

In this section, I will begin by looking at the bond market effects and then move on to equities and other asset classes, starting by looking at the localized reaction (for Ukranian and Russian securities) and then the global ripple effects. As Russian equities have imploded, the ripple effects again are being felt across the globe.

Start-ups 100

Start-ups Risk Premium Equity Market Capitalization 100

Benzinga

AUGUST 12, 2024

Enhancing Financial Profile: Expected to be immediately accretive to adjusted net earnings per share 3 with significant further opportunities for Adjusted EBITDA margin 3 enhancement and revenue and cost synergies. Preparing for the Future: Financing package includes equity raise to preserve flexibility for future growth.

Equity Financing 45

Equity Financing EBITDA Finance Equity 45

Benzinga

JUNE 14, 2023

The Transaction implies a multiple of less than 9x the projected forward Adjusted EBITDA and is immediately accretive, with DCF per share accretion in the mid-teens 4 , 5 , 6. Fully Financed Transaction, Structured to Maintain Investment Grade Ratings Gibson has fully committed bridge financing facilities totaling US$1.1

Dividends 40

Dividends Equity Finance EBITDA 40

Benzinga

JULY 27, 2023

SPI is a portfolio company of Incline Equity Partners. For the trailing 12 months ended March 31, 2023, SPI generated pro forma revenue of approximately $703 million and adjusted EBITDA of $77 million. The Company's net debt to pro forma adjusted EBITDA is expected to be approximately 2.0

Net Debt 40

Net Debt EBITDA Marketability Equity 40

Benzinga

JANUARY 14, 2025

billion in net debt. adjusted EBITDA multiple for the trailing 12 months through September 2024, or 5.8x, including $130 million in cost synergies and $54 million in tax attributes. (NYSE: URI ) for around $4.8 billion, including $1.4 The acquisition price reflects a 6.9x

Net Debt 59

Net Debt EBITDA Equity 59

Musings on Markets

FEBRUARY 12, 2025

If you are a shareholder in a company, i.e., an equity investor, the measure that best reflects the profits the company made on the equity you invested in them is the earnings per share. There is also the twist of small (minority) holdings in other companies and the income you generate from those holdings that affect net income.

Equity 72

Equity Start-ups Banking EBITDA 72

Benzinga

DECEMBER 18, 2024

Vireo estimates proforma revenue and EBITDA of the combined company of approximately $394 million and $94 million, respectively, for calendar year 2024. Transaction Highlights The $75 million equity securities financing represents a significant premium to market.

Finance 40

Finance EBITDA Equity Net Debt 40

Benzinga

JANUARY 8, 2025

Following the transaction, Flowers’ proforma total net debt is expected to be around $1.9 billion, with a net debt-to-EBITDA ratio of 3.1x Flowers aims to uphold its balanced capital deployment strategy while maintaining its investment-grade debt rating.

Net Debt 52

Net Debt EBITDA Banking Finance 52

Musings on Markets

FEBRUARY 23, 2025

The Debt Trade off As a prelude to examining the debt and equity tradeoff, it is best to first nail down what distinguishes the two sources of capital. To me, the key distinction between debt and equity lies in the nature of the claims that its holders have on cash flows from the business.

Equity 75

Equity EBITDA Risk Premium Gross Debt 75