Remove EBITDA Remove Equity Remove Marketability Remove Net Debt
article thumbnail

US Foods Q2: Sales Beat, Reiterated FY24 Outlook & More

Benzinga

billion, and net income was $198 million. Adjusted EBITDA grew 13.2% Total case volume increased by 5.2%, with independent restaurant case volume up by 5.7%. Gross profit rose 7.2% to $489 million. Full story available on Benzinga.com

article thumbnail

Why Aerospace Company Triumph Shares Are Skyrocketing Today

Benzinga

Triumph anticipates using the majority of the proceeds, estimated at around $700 million after taxes, for debt reduction, aiming to reach a pro forma net leverage of about 4.0x net debt to Adjusted EBITDAP by March 2024. FY2024 EBITDA, or 9.9x when factoring in Full story available on Benzinga.com

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Evolution to acquire Galaxy Gaming, a leading independent developer and distributor of casino table games and technology

Benzinga

Galaxy Gaming") (OTC: GLXZ ) for a total equity value of approximately $ 85 million (the "Transaction"), payable in cash. With the acquisition of Galaxy Gaming, Evolution solidifies its presence in the US market and enhances its position as a leading licensor of proprietary tables games to the online gaming industry. "We

article thumbnail

Data Update 6 for 2023: A Wake up call for the Indebted?

Musings on Markets

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
article thumbnail

Is BP’s new strategy – full focus on profits – viable in the long term?

Valutico

Compared with last year’s net income of GBP 10.3 (USD billion in net debt, reducing total debt to GBP 17.5 (USD by using the Discounted Cash Flow method, specifically our Flow-to-Equity approach, as well as a Trading Comparables analysis. billion, profit increased by an unbelievable 120%. billion worth of shares.

article thumbnail

Company Valuation Methods—Complete List and Guide

Valutico

There are three primary approaches under which most valuation methods sit, which include the income approach, market approach, and asset-based approach. The market approach compares the company to similar publicly traded businesses, or those recently sold or involved in some transaction. How Do I Value a Business?

article thumbnail

Russia in Ukraine: Let Loose the Dogs of War!

Musings on Markets

As the world's attention is focused on the war in the Ukraine, it is the human toll, in death and injury, that should get our immediate attention, and you may find a focus on economics and markets to be callous. The increase in default spreads was not restricted to foreign markets, as fear also pushed up spreads in the corporate bond market.

Start-ups 100