Michael S. Chae--Chief Financial Officer And Brennan on the math, I'll just say that approximate math is across our current BCRED platform that a 50 basis point decline in base rates impacts our fee-related performance revenues on a run rate basis by about 4%. It's like a low single-...
Yeah. So on the first one, so the $1.5 billion, that just assumes funding with cash and debt, so no equity. Certainly, we've got plenty of opportunities to accelerate that with equity. If the math worked out, we'd always be willing to do that. Obviously, that depends a lot on the...
Robert Michael- CEO, AbbVie Jeffrey Stewart- Executive VP & Chief Commercial Officer, AbbVie Carrie Strom- Senior VP, AbbVie Roopal Thakkar- Executive VP of Research and Development & Chief Scientific Officer, AbbVie Scott Reents- Executive VP & CFO, AbbVie Vamil Divan- Managing Director & S...
but your gross debt-to-EBITDA target of two and a half times could imply something like $1.3 billion of EBITDA by next year. And if I were doing the math around D&A right, depreciation and amortization, we're looking at over $5 of earnings by...
My math suggests that could have even meant that the GPU business was down sequentially. And given your guidance for I guess, flattish GPUs in the first half of '25 versus second half of '24. Again, does the math not suggest that you'd be down sequentially both in Q1 and in Q2 to...
you just gave an example of the math around the $300 million needed to hit those 1,000 Burger King units. I'm just wondering who's expected or who's potentially considering foot in that bill, whether that's a potential corporate consideration or whether that's more just encouraging franchi...
Regarding capacity expansion, while we focus on execution, we continue to build a lot of new capacity. We started producing the Model Y out of Fremont and almost reached full production speed. We ramped the Model 3 in Shanghai to more than 5,000 cars a week sustainably and Shanghai contin...
Also worth pointing out the 6% if you remember, was for the company. The system has priced below home inflation. That’s about a math on traffic growth plus pricing below [indiscernible] home inflation adds up to the overall 6% comp growth. ...
I think the math you have, Arun, is definitely accurate. We talked a lot on the call already about factors that affect Q1, some comparable factors last year, et cetera. Again, we're a seasonal business. For us, Q2 and Q3 are very large quarters for our Deco architectural businesses. ...
is a function of you investing against your future pipeline. Your fiscal ’25 guide is over $1 billion in OCF against over $8 billion in bookings, which is still only about a 12.5% margin, if my math is correct, which seems low. Do you expect that in fiscal ’25, you’re still go...