financial_analysis
at position 55–60%
158 slides where a page of type financial analysis falls in the 55–60% range of its deck.
Lebanon Economic Vision
“Tobacco farms in Lebanon produce negative value, as cost of production far exceeds market value of produce”
The cost of producing tobacco exceeds the value of production... and as a result, government losses exceed total profit to farmers.
5.07 · Net cost of support
Budgetanalyse af Forsvaret 2017 Materialesamling Del 2
“Udgifter til dagsrejser er næsten udelukkende transport”
90 pct. af udgifter til dagsrejser er befordring, som vil reduceres ved omlægning til VTC
8,2 · Mio. kr.
Budgetanalyse af Forsvaret 2017 Materialesamling Del 2
“En hotelovernatning vurderes at koste ca. 900 kr. per nat...”
En sammenligning med Moderniseringsstyrelsens hoteldispositionsbeløb, og kortlægning af den usikkerhed i antallet af hotelovernatninger i Rejsestyring, medfører imidlertid at 758 kr. formodes undervur
900 kr. · Cost per hotel night
Budgetanalyse af Forsvaret 2017 Materialesamling Del 2
“... Hvilket medfører en gevinst på 720 kr. per hotelovernatning der i stedet foretages på egne etablissementer”
Hvilket medfører at der realiseres et potentiale på 780 kr. for hver hotelovernatning der i stedet foretages på en af Forsvarets egne etablissementer
780 kr. · Savings per overnight stay
Budgetanalyse af Forsvaret 2017 Materialesamling Del 2
“De identificerede potentialer er beregnet på en omkostningsbase der er underlagt rammereduktioner i 2017”
8.5 · Mio. kr.
Budgetanalyse af Forsvaret 2017 Materialesamling Del 2
“... Hvilket dog primært skyldes færre lange rejser relateret til møder, kursus og uddannelse”
En nedbrydning af 1. kvartal for henholdsvis 2016 og 2017 viser at faldet primært er sket i rejser kategoriseret som 'Møder/kursus' og 'Uddannelse'.
-9,8 · Travel expenditure (Mio. kr.)
Budgetanalyse af Forsvaret 2017 Materialesamling Del 2
Indfasningstakt og nettopotentiale
FES har vurderet en indfasningstakt på 1 mio. kr. om året hensigtsmæssigt, da tiltaget ønskes realiseret ved blød efterspørgselsstyring.
2-2,5 mio. DKK · Nettopotentiale
2025 Bond Cap Artificial Intelligence AI 2025
“AI Monetization – Foundation Models = OpenAI Revenue +1,050% Annually to $3.7B”
1,050% / Year
$3.7B · OpenAI Revenue
2025 Air Street Capital The State of AI Report 2025
“Public AI titans outweigh private gains, but from a far larger base”
NVIDIA, Meta, and Alphabet alone account for over $9T of value.
$11T · Market Valuation
2025 Air Street Capital The State of AI Report 2025
“The scaling law of AI valuations”
The valuation history of the leading private AI labs mirrors trends in model capabilities, with doubling times historically floating around the half-year mark.
5.1 Months · Valuation
2025 Air Street Capital The State of AI Report 2025
“Artificially high valuations? Tracking annualized revenue multiples”
xAI's multiples remain 10x higher than other labs, a gap so wide it needed its own plot
10x · Annualized Revenue Multiple
Consolidated Full Presentation
“CIB performance remained strong amid increased capital requirements and industry wallet decline”
14% · Adjusted ROE
New Mexico State Staffing Study
ADV – Labor Cost
NMSU spends ~$4.6M on total salaries for the Advancement Division. However, based on the activity analysis of the actual portion of time that staff spend on ADV activities across NMSU, the actual labo
$4.9M · Labor Cost
Budgetanalyse af Forsvaret 2017
“Det samlede overlap indenfor budgetanalysen er på 66-84 mio. kr. i 2022”
Det samlede overlap i 2022 er på 66-84 mio.kr., hvilket er under antagelse om, at alle effektiviseringsforslag realiseres
66-84 · Nettopotentiale (mio. kr.)
20240220 Barclays FY2023 Results and Investor Update Present
“Simpler: maintain our prudent risk management”
Average +£11m per day
£11m · Daily trading income
Annual Report 2018
1.3 Consolidated statement of cash flows for the year ended 30 June 2018
21,514 · Cash flow from operating activities
Annual Report 2018
1.3. Consolidated statement of cash flows for the year ended 30 June 2018
17,190 · Net cash flow
2020 Benedict Evans 2020 December The Great Unbundling
“SpaceX has cut launch costs by at least 5x”
5x · Launch cost per kg
UK Electricity Efficiency Potential
“Even from a 2020 perspective, most measures have net savings from a private sector point of view”
Impact of measures reflects technical potential, including potential addressed by current policy. Costs refer to direct costs and do not reflect taxes, subsidies, communication, information, transacti
2022 consumer community banking investor day
“We expect credit normalization to take time”
Given the above, we continue to expect normalization to take time
mi guide to the markets uk
Europe earnings
mi guide to the markets uk
UK earnings
guide to the markets asia
Europe: Performance drivers
60% · Forward price-to-earnings ratio
2025 05 28 Goldman Sachs Brazil Commodities Days
Total Operational Disbursement
Production volume: (R$138/t) Cash cost: (R$113/t) Capex: (R$50/t) Cash SG&A and freight: (R$17/t)
1,900 · R$/t
2025 05 28 Goldman Sachs Brazil Commodities Days
Total Operational Disbursement
1,900 · Total Operational Disbursement
2025 05 28 Goldman Sachs Brazil Commodities Days
“Revenues mostly from international markets”
8.8 · Net revenues
2025 05 28 Goldman Sachs Brazil Commodities Days
Adjusted EBITDA and Operational Cash Generation
28.2 · Adjusted EBITDA
Trend Compendium 2050 Six megatrends that will shape the wor
“Massive investment is necessary to achieve the ambitious goal of net zero by 2050 – Job creation in the clean energy sector and upskilling are key”
In order to achieve the ambitious target of reaching net zero by 2050, considerable investment is required. Annual clean energy investment needs to more than triple by 2030, thereby driving an average
$4.4tn · Annual investment volume
FY24 Results and Progress Update Presentation
“Strong capital generation supporting our capital priorities”
Plan to return at least £10bn 2024-2026.
13-14% · CET1 ratio
FY24 Results and Progress Update Presentation
“Capital distributions: plan to return at least £10bn¹”
Capital distributions through dividends and share buybacks, with a continued preference for buybacks
£10bn · Capital distribution
Investor Day Presentation 140623 FINAL
“A STRONG CASH GENERATIVE AND SOUND FINANCIAL PROFILE”
214m€ · Free Cash Flow
Investor Day Presentation 140623 FINAL
“GROWTH PLAN 2025: CASH ALLOCATION PLAN”
1.5bn€ · Capital Allocation
Befesa Investor Presentation Goldman Sachs 4th Annual Carbon
“Total adjusted EBITDA decreased by 17% yoy to €137m in 9M 2023, mainly due to lower zinc and alu prices, unfavourable TC, and higher coke price, partially offset by volume, better hedges and synergies”
Total adjusted EBITDA decreased by 17% yoy to €137m in 9M 2023, mainly due to lower zinc and alu prices, unfavourable TC, and higher coke price, partially offset by volume, better hedges and synergies
€137m · Adjusted EBITDA
Befesa Investor Presentation Goldman Sachs 4th Annual Carbon
Steel Dust Recycling Services
Adjusted EBITDA decreased by 22% yoy to €102m in 9M 2023, mainly due to lower zinc LME, unfavourable zinc TC and higher coke price, partially offset by better hedges and synergies
€102m · Adjusted EBITDA
Befesa Investor Presentation Goldman Sachs 4th Annual Carbon
“EBITDA increased by 4% yoy to €36m in 9M 2023; Lower cost (mainly lower energy prices) and improved volumes (Hanover) partially offset by lower aluminium prices”
EBITDA increased by 4% yoy to €36m in 9M 2023; Lower cost (mainly lower energy prices) and improved volumes (Hanover) partially offset by lower aluminium prices
€36m · EBITDA
Befesa Investor Presentation Goldman Sachs 4th Annual Carbon
Cash flow, net debt & leverage
Cash on hand at €81m providing >€150m liquidity; Net debt increased to €633m driven by lower earnings; Net leverage of x3.38
x3.38 · Net leverage
mi gtm latam br en
Global fixed income: Return composition
2.0% · Total return
morgan stanley virtual hk summit march 2022
Business capital requirements
Private Markets' investments largely offset by divestments and acquisition of Central Park Group.
$21.6b · Capital requirements
morgan stanley virtual hk summit march 2022
Capital management update
The capital raise provides additional flexibility to invest in new opportunities where the expected risk-adjusted returns are attractive, while maintaining an appropriate capital surplus.
$1.5b · Capital raised
morgan stanley virtual hk summit march 2022
“Strong regulatory ratios”
177% · Regulatory Ratios
MorganStanley
Performance Returns
MorganStanley
Performance Returns
2021 q4 earnings results presentation
IFRS results
Presenting the financial information on a non IFRS basis, excluding the impact of the assets, liabilities, income and finance cost for which the Group does not have the exposure, to, aids shareholders
247.9 · Profit for the period after tax
2025 Accel Race for compute
“117GW incremental data center capacity translates to ~$4T of AI CapEx between '26 and '30”
$4T · AI CapEx
May Macro Brief Consumer spending in flux
“Real wage recoveries have lost steam in recent months, owing both to slowing nominal wage growth and sticky inflation”
Barclays Investor Presentation 2018
“TRACK RECORD OF DE-LEVERAGING POST M&A”
1.9 · Net Debt / Adj. EBITDA
Barclays Investor Presentation 2018
“FINANCIAL FLEXIBILITY TO ENABLE LONG-TERM SUCCESS”
500 · Bond Maturity
article thebeatmar2025
Valuation Analysis
Fresenius SE 2023 06 13 14 Goldman Sachs 44th Annual Global
“Fresenius Vamed: Weak quarter, fixing underway Q1/23 results”
Weak EBIT negatively impacted by legacy project portfolio, business initiations that did not materialize as planned as well as negative one-time effects mainly in the service business.
-4.6% · EBIT Margin
article thebeatjun2025
Dividend Yields and Volatility Analysis
4.39 · Dividend Yield
Fresenius SE 2023 06 13 14 Goldman Sachs 44th Annual Global
“Operating cash flow increased in Q1/23”
Q1 OCF increased by 73% over weak prior year quarter
175 · Operating Cash Flow
article thebeatjun2025
Valuation Analysis
Lazards Lcoeplus
“Subsidized Green and Pink hydrogen can reach levelized production costs under $2/kg—fully depreciated operating nuclear plants yield higher capacity factors and, when only accounting for operating expenses, Pink can reach production levels lower than Green hydrogen”
Subsidized Green and Pink hydrogen can reach levelized production costs under $2/kg—fully depreciated operating nuclear plants yield higher capacity factors and, when only accounting for operating exp
$2/kg · Levelized Cost of Hydrogen ($/kg)
Lazards Lcoeplus
“While hydrogen-ready natural gas turbines are still being tested, preliminary results, including our illustrative LCOH analysis, indicate that a 25% hydrogen by volume blend is feasible and cost competitive”
While hydrogen-ready natural gas turbines are still being tested, preliminary results, including our illustrative LCOH analysis, indicate that a 25% hydrogen by volume blend is feasible and cost compe
$173/MWh · Levelized Cost of Energy ($/MWh)
20230215 Q422 FI Investor Presentation vFFF
“Prior capital drag from pensions eliminated”
UKRF triennial actuarial valuation £2bn funding surplus (vs. £2.3bn funding deficit in 2019).
£2bn · CET1 impact
20230215 Q422 FI Investor Presentation vFFF
“Capital structure well managed”
Continue to run a robust level of AT1 capital and maintain conservative headroom.
20.8% · Total capital ratio
2015 Benedict Evans 2015 Mobile is Eating the World
“Facebook's mobile ad explosion”
Mobile ads are now 68% of revenue and brought in $7.4bn in 2014
$7.4bn · Mobile ad revenue
Deutsche Bank Q4 FY 2024 Presentation
Specific revenue items and adjusted costs – Q4 2024
5,138 · Adjusted costs ex-bank levies
Deutsche Bank Q4 FY 2023 Presentation
FY 2023 highlights
28.9 · Revenues
Grocery profitability outlook –Europe
“Driving COGS reduction by 0.3 – 1% through supplier negotiation and buying-alliance activity could add 0.25 – 0.75% EBITDA uplift”
Driving COGS reduction by 0.3 – 1% through supplier negotiation and buying-alliance activity could add 0.25 – 0.75% EBITDA uplift.
0.25 – 0.75% · EBITDA uplift
Deutsche Bank Q4 FY 2023 Presentation
Adjusted costs – FY 2023 and Q4 2023
Adjusted costs excluding bank levies increased by 8% in Q4 and 5% in FY 2023
20,585 · Adjusted costs
Deutsche Bank Q4 FY 2023 Presentation
Specific revenue items and adjusted costs – Q4 2023
5,256 · Adjusted costs
Barclays H12023 Results Presentation
“BUK Q223 NII contributes 26% of Group income and 51% of Group NII”
FY23 Guidance <3.20% Current view around 3.15%
4.06% · Net Interest Margin
20230215 Barclays FY22 Results Presentation
Impairment: December 2022 coverage ratios
Presentation+Leonardo+GS+Investor+Meeting
“Reduced debt by ca. 20% and decreased cost of funding by ca. 60%”
60% · Cost of funding
Barclays Q12023 FI Presentation
“MREL position well established”
MREL issuance plan calibrated to meet requirements and allow for a prudent headroom.
32.7% · MREL position
20230215 Barclays FY22 Results Presentation
“Impairment: Wholesale exposures and UK/US cards arrears rates”
c.30% of the Wholesale book is secured, increasing to >60% for the selected sectors.
0.8% · Arrears rates
Presentation+Leonardo+GS+Investor+Meeting
2022 Guidance
1,180-1,220 · EBITA
2022 Accel The Reset
“ARR multiples at last round valuation ranging from 8x to 50x”
50x · EV / ARR multiple
Q125 Results Presentation
“Robust capital position with 13.9% CET1 ratio, top end of 13-14% range”
Includes 12bps benefit from the sale of the German consumer portfolio
13.9% · CET1 ratio
Lazard LCOE+
“Subsidized green and pink hydrogen can reach levelized production costs under $2/kg—fully depreciated operating nuclear plants yield higher capacity factors and, when only accounting for operating expenses, pink hydrogen can reach production costs lower than green hydrogen”
Subsidized green and pink hydrogen can reach levelized production costs under $2/kg—fully depreciated operating nuclear plants yield higher capacity factors and, when only accounting for operating exp
$2/kg · Levelized Cost of Hydrogen ($/kg)
Q125 Results Presentation
“RWAs decreased by £6.8bn QoQ, of which £3.1bn is FX”
Capital discipline resulting in broadly flat RWAs, excluding £2.4bn decrease from FX
£6.8bn · Risk weighted assets
Multi-regional transmission model
“How to minimise integration costs”
To decrease an integration cost is a key factor to realise carbon neutral society towards 2050.
52JPY/kWh · JPY/kWh
Deutsche Bank Q3 2024 Presentation
Specific revenue items and adjusted costs – Q3 2024
5,047 · Adjusted costs
Deutsche Bank Q3 2023 Presentation
Pre-provision profit, CAGR and operating leverage
7,123 · Pre-provision profit
Deutsche Bank Q3 2024 Presentation
Pre-provision profit, CAGR and operating leverage
7,304 · Pre-provision profit
Newmark May 2023 FI Conference Presentation Vf Final
Newmark Group, Inc. Condensed Consolidated Statements of Operations (continued)
(0.06) · Basic earnings per share
Q4 FY 2024 Fixed Income Call
Commercial Real Estate (CRE) 1 / 2
CLPs at elevated level driven primarily by office sector, but declining quarter over quarter.
€ 36bn · CRE non-recourse portfolio
Newmark May 2023 FI Conference Presentation Vf Final
Newmark Group, Inc. Condensed Consolidated Balance Sheets
4,448,099 · Total assets
Q4 FY 2024 Fixed Income Call
Commercial Real Estate (CRE) 2 / 2
Refinancing remains main risk when loans with lower debt service coverage ratio and reduced collateral values reach maturity / extension dates, requiring modifications including additional equity.
€ 15bn · CLPs
Barclays Q32023 FI Presentation
Impairment: Q323 corporate loan exposure
c.38% synthetic protection against c.£51bn of funded on-balance sheet exposure in the Corporate lending portfolio.
£131bn · Corporate loan exposure
Deutsche Bank Q1 2025 Presentation
Interest rate hedge
Hedge contribution expected to grow further, with limited sensitivity to short-term rates.
€ 3.6bn · Income from long-term hedge portfolio
Deutsche Bank Q1 2024 Presentation
Specific revenue items and adjusted costs – Q1 2024
7,756 · Revenues ex-specific items
529 cpe
“Keep college and retirement funds separate”
Every dollar used for college can mean several less for retirement, due to years of lost investment earnings and compounding.
$160,357 · Lost retirement savings
Deutsche Bank Q1 2025 Presentation
Group Trading Book Value-at-Risk (VaR)1 and stressed Value-at-Risk (sVaR)1
€ 192m · Value-at-Risk
Deutsche Bank Q1 2024 Presentation
“Pre-provision profit, CAGR and operating leverage”
2,475 · Pre-provision profit
529 cpe
“Performance pays”
Small increases in returns, big impact on college funds
$285,434 · Investment growth
20230608 172439 CWCU 9YRZMYZ26FO0PKXJ.1
“Fixed debt remains high and no debt maturity until 4Q 2024”
Fixed / hedged rate increased to 89% following recent €150 million cap and collar transaction
89% · Debt maturity
Private Markets Asset Allocation Guide May 2023 002
Historical return analysis
Fearon DBConference 2019
“This transformation adds to a long track record of improving profitability...”
18% · Operating Margin
Client Creditor Overview Q4 2023
“Increasing ordinary distributions to 60%”
60% · Payout ratio
Deutsche Bank Q2 2024 Presentation
Specific revenue items and adjusted costs – Q2 2024
5,035 · Adjusted costs ex-bank levies
Fearon DBConference 2019
“...which has enabled Eaton to grow Adjusted EPS at an 8% CAGR since 2000...”
2000 – 2019 Guidance CAGR 8%
8% · Adjusted EPS CAGR
Deutsche Bank Q2 2023 Presentation
Specific revenue items and adjusted costs – Q2 2023
4,947 · Adjusted costs
mi gtia
Return-on-equity and valuations
presentation us tl strategy sma
Performance
$27,571m · Annualized performance (%)
Deutsche Bank Q4 2023 Fixed Income Call
Provision for credit losses
FY provisions elevated reflecting macroeconomic environment.
1,505 · Provision for credit losses
Namibia Budget on plate 2019-20
Total Tax Revenue (N$ 58 billion)
N$ 58 billion · Tax Revenue
Deutsche Bank Q3 2023 Fixed Income Call
Derivatives bridge
DB's reported IFRS derivative trading assets of € 288bn would fall to € 23bn on a net basis, after considering legally enforceable master netting agreements in place and collateral received.
€23bn · Net derivative exposure
Deutsche Bank Q3 2023 Fixed Income Call
Level 3 assets and liabilities
Level 3 is an indicator of valuation uncertainty and not of asset quality.
€26bn · Level 3 assets
Q3 2024 Fixed Income Call presentation
Commercial Real Estate (CRE) 1 / 2
CLPs at elevated level driven primarily by office sector, but declining quarter over quarter
€ 37bn · CRE non-recourse portfolio
Deutsche Bank Q3 2023 Fixed Income Call
Commercial Real Estate (CRE) 1 / 2
€ 32bn in scope of severe stress test
€ 40bn · CRE non-recourse portfolio
Global Hydrogen Flows
Hydrogen and hydrogen derivatives investments, $ trillions
After 2030, investments will likely accelerate—and out of the $10 trillion in investments required by 2050, investments in trade-related infrastructure will account for $1.5 trillion
$10 trillion · Total investment
Q1 2025 Fixed Income Call
Commercial Real Estate (CRE)
€ 35bn · CRE portfolio
USPS Future Business Model
“USPS can pursue actions within its control to reduce the FY2020 gap”
Actions within Postal Service control reduce the 2020 annual loss to $15 billion, and the cumulative loss to $115 billion
$115B · Net income
ei strategy presentation
Performance attribution – YTD 2025
1.21 · Impact (%)
Lloyd’s and Bermuda
“What does this mean for profitability?”
Despite rate hardening and prior year releases, most segments are loss making, with the exception of Energy and Motor
e-mobility in India
“In addition to battery cost reductions, long term cost savings must be communicated effectively to buyers to overcome worries over higher initial cost”
goldman sachs may 2021
“Net interest-bearing debt -53% y-o-y, maturity profile extended”
-53% · Net interest-bearing debt
Ground Station Life Cycle Assessment
“Metals in electronics and cables contribute the most to environmental impacts of "Production of equipment"”
Functional unit: To fulfil the requirements of operating the 15m antenna KIR-1 during one year
2023 EU Wide EBA Stress Test Our First Glance at Results
“Assuming the 2021 EBA Stress Test Methodology, P2G drives winners and losers in the dividend reset race.”
2024 usb barclays presentation conference deck
“Prudent loan growth”
Disciplined loan growth focused on high margin / high return business; Limited Commercial Real Estate Office exposure and appropriately reserved
$371B · Total Loan Portfolio
2024 usb barclays presentation conference deck
Deposit composition
Uninsured deposits are largely operational in nature.
$503.1B · Average deposits
Client Creditor Overview July 2023
Commercial Real Estate (CRE)
CRE portfolio accounts for 7% of total loans and remains well diversified across regions and sectors.
€33bn · CRE portfolio
barclays ceo energy power conference 2018
Historical Adjusted Cash Flow from Operations and Capex
TTM Adjusted EBITDA minus Capex up ~$150m since Q4 2020
$150m · Adjusted EBITDA minus Capex
Client Creditor Overview Q3 2023 incl S&P update
Net balance sheet
Resilient balance sheet; Liquidity reserves account for around a quarter of net balance sheet; Conservative loan-to-deposit ratio provides room for further growth; Highly diversified and stable fundin
1,030 · Net balance sheet
The Shopping Centre Handbook 4.0
“Yields Trend In Spain”
Average yields in Spain reached their minimum values in 2017, after five years of continuous compression. Nevertheless, during the last twelve months, yields values have kept stable, forecasting the b
6.25% · Capitalisation Rate
Client Creditor Overview August 2023
“Growing shareholder distribution over time”
~€ 8bn anticipated cumulative payout in respect of FY 2021-2025; thereof ~€ 1.75bn in 2022 / 2023
€8bn · Cumulative payout
uefa weuro 2025 approaching the summit en may 2025
THE PROFESSIONAL GAME
The tournament's highest-ever prize pot of €41m - compared with €16m in 2022 - is intended to drive player development and contribute to a more sustainable professional ecosystem.
€41m · Prize money
Re-Imagine the Possible 2018/2019
Estimates of total expenditure
NAD 28,933,244 · Expenditure
2023 MS Conference Presentation
“Intentionally diversifying our balance sheet and fee revenue to perform well in any environment”
Focused on diversified revenue to lessen cyclical impacts, with success in Wealth & Asset Management, Commercial Banking, Treasury Management, and Card & Processing
33% · noninterest income
Client Creditor Overview Q1 2024
“Significant amount of loss-absorbing capacity”
Q1 2024 loss-absorbing capacity significantly above all regulatory requirements, with MREL remaining most binding constraint.
€111bn · TLAC
Moneyball Moment Marketing Canada
“WHEN EVALUATING THE ATTRIBUTED RETURNS, THE SALES ROI OF TV INCREASED BY 23%”
ATTRIBUTED SALES ROI BY MEDIA CHANNEL
$14.34 · TV attributed sales ROI
Roland Berger views on H2 market development
“FCEV powertrain are more competitive in HDT compared to BEV powertrain driven mainly by the high capacity of battery required for the BEV HDT”
FCEV powertrain are more competitive in HDT compared to BEV powertrain driven mainly by the high capacity of battery required for the BEV HDT
110 · Powertrain price
Third Quarter 2024 Results
Condensed Consolidated Statement of Cash Flows
1,768.3 · Cash and cash equivalents, end of period
Second Quarter 2024 Results
Condensed Consolidated Balance Sheets
$7,430.7 · Total Assets
2024 barclays 17th annual global consumer staples conference
“Underpinned by Balanced Capital Allocation”
Over $7B Returned Since FY 2020
$7.8B · Cumulative Cash Returned
deutsche bank global consumer conference 2023
“Solid performance over the last 10 years”
8.2% · Organic growth
Client Creditor Overview Q1 2025
Commercial Real Estate (CRE)
€ 35bn · CRE portfolio
Tenth Annual Leveraged Finance and Credit Conference
Bond Repurchase Summary – Bonds Trading at Call Price
In the first quarter, we repurchased $55M of our senior secured notes at an average price of $98.5, significantly below the May 2020 call price of $102.75.
$98.5 · Bond Price
Global gas outlook to 2050
“The share of grid cost in total average delivered power costs to customers is expected to increase across scenarios and regions”
The cost of power generation over time tends to decline in future power systems; however, delivery costs (T&D) per MWh is projected to grow from ~40% in the US to 60-70% of costs by 2050, with a simil
60-70% · Average system cost of electricity
Tenth Annual Leveraged Finance and Credit Conference
“CS&W Transformation: Q1 2020 vs. Q1 2019”
First quarter results illustrate the year-over-year progression of management's turnaround strategies as margins have expanded, expenses have declined, inventory levels have decreased, and the company
400 bps · Gross Margin
USPS Envisioning Americas Future Postal
“Actions within Postal Service control will improve long-term sustainability, but a gap will remain”
Actions within the Postal Service control will reduce annual loss to $15 billion, cumulative loss to $115 billion
$115 billion · Net income
2017 Accel The Factory is Cranking
“... and appears to be more capital efficient”
6.0 · Cash burn to $10M ARR
Investment Community Presentation Barclays Energy Conference
“Prudent funding and balance sheet management”
5.0x · Debt / EBITDA
Automated Trucks The next big disruptor in the automotive in
“Long-haul case allows payback in 3 years for all stages but stage 3 – Payback times too long for regional transportation”
Benefits from DATP2) quickly offset initial investments in Stages 1 and 2 and driver cost savings allow quick payback in Stages 4 and 5
36 mo · Payback period
Investor Presentation Deck
“Proven Track Record of Investment and Capital Return to Shareholders”
Strategic capital optionality supported by strong balance sheet of 2.3x net leverage.
$1,494 · Total Capital Deployment
GOLDMAN SACHS MEDTECH AND HEALTHCARE SERVICES CONFERENCE
ADJUSTED EBIT AND EBIT MARGIN H1/2024
Adjusted EBIT margin up by 260 bps yoy to 8.2% versus 5.6% in the prior year period
8.2% · EBIT margin
Innovation in logistics: advanced pooling and robotization
“Over time, increased productivity, the lengthening in the lifespan of solutions and the drop in equipment prices all favor the move towards robotization, while labor costs continue to rise”
The total cost of robotic solutions is falling due to the drop in equipment and integration costs
10 · EUR/hour
Dissecting 2021-22 Budget Speech
2021/22 Annual Budget Speech: Expenditure Execution Rate
81.00% · Expenditure Execution Rate
firm overview
“We are well reserved for the current environment”
WE ARE RESERVED FOR PEAK UNEMPLOYMENT OF 5.4% IN THE FIRST QUARTER OF 2025
$24.7B · Firmwide allowance
07 investorupdate2018 pc
Loan portfolio
99.7% of single- and multi-family homes portfolio would still be covered if collateral values were to fall by 20%
99.7% · Loan-to-value (LTV)
Tillsonburg IT Strategic Review
Cost summary (hardware, software, and licensing)
A significant capital investment must be made in the first two years to mitigate the risks currently facing the Town.
$634,700 · Capital Expenditure
2019 am investor day ba56d0e8
“Client-centric: Advising individuals on both sides of their balance sheet”
148 · WM year-end spot balance
2019 cb investor day ba56d0e8
“Delivering the best investment bank to CB clients”
JPMC N.A. IB fees represented by CB clients 39%
$3.0 · Commercial Banking gross investment banking revenue
Dissecting the 2021/22 Annual Budget Speech
2022/23 Annual Budget Speech: Revenue vs. Expenditure
Interest Payments = N$9.2 billion. 15.4% of projected Revenue
N$11,088 · Budget Deficit
Goldman Sachs conference April 2021
“FY21 YTD Pro forma(4) Segment Profit +2% v pcp, Pro forma NPAT +11%”
First quarter performance in line with expectations. Guidance affirmed.
+11% · NPAT
Investor Analyst Conference
“Stepping up our Investments in acquisitions to add skills and capabilities aligned to our strategic growth priorities”
$4.2B · Capital deployed to acquisitions
The net-zero transition
“This scenario would also require a major shift in the nature of capital spending”
This scenario would also require a major shift in the nature of capital spending
65% · Capital spending on high-emissions assets
Forecasting a Realistic Electricity Infrastructure Buildout
“To support full electrification of long-haul vehicles, USD 57 bn need to be invested in converting truck stops into a sufficiently dense charging network”
Land cost and space constraints may challenge development, esp. in metro areas
$57 bn · Total investment need
20240220 Barclays US Consumer Bank Investor Update
“Higher delinquencies in US cards driving impairment reserve build”
Forecast LLR to trend towards long term average of c.400bps
1,438 · Total impairment charge
MSDL 4Q23 Earnings Presentation
Portfolio Highlights – Asset Mix
The Company committed $242.9 million to new investments during the quarter ended December 31, 2023.
$242.9 million · New Investment Commitments
20250311 jpm conference presentation
“Accelerated cost plan doubles 2027 target to more than ~$1B¹”
Examples include: Corporate overhead reduction implemented, Ground operations optimization, Airports space and rents rationalization, Procurement efficiency, Technology cost optimization, Fuel hedging
$1,045M · Cost savings target
ICO Class of 2017
“Top 10 ICOs in The Class of 2017 bring 99% of the net gain (84% of the gross gain) since the initial offerings. A majority are in blockchain infrastructure.”
Top 10 ICOs in The Class of 2017 bring 99% of the net gain (84% of the gross gain) since the initial offerings.
99% · Net gain
250115 ucb company presentation jpm
“10 Years of Strong Growth and More to Come”
Continued INVESTMENT IN INNOVATION to deliver growth and SHAREHOLDER VALUE
€ 37bn · Market Cap
A&M Valuation Insights March 2024
“Volatile pricing levels of Renewables were mostly due to two external shocks: COVID-19 and the war in the Ukraine”
With the onset of the pandemic, a capital shift away from traditional oil & gas companies (– €162.4bn market cap) towards the renewable energy sector (+ €117.9bn market cap) was observed, resulting in
The CHIPS and Science Act: Here’s what’s in it
“The CHIPS and Science Act will fund a national network of semiconductor technologies for the defense industrial base and investments in supply chain resilience.”
The CHIPS and Science Act will fund a national network of semiconductor technologies for the defense industrial base and investments in supply chain resilience.
$4 billion · Funding allocation
A&M Valuation Insights – German vs. European Banks
“European banks reported record levels of profitability in Dec22 due to higher interest rates and a decline in operating costs.”
European [German] banks reported a market cap-weighted ROE for the last twelve months (LTM) of 9.5% [6.1%] in Dec22, withstanding the challenging economic environment in 2022.
8.6% · ROE