GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Barings Global Short Duration High Yield Fund (NYSE:BGH) » Definitions » Enterprise Value

Barings Global Short Duration High Yield Fund (Barings Global Short Duration High Yield Fund) Enterprise Value : $374.34 Mil (As of Apr. 30, 2024)


View and export this data going back to . Start your Free Trial

What is Barings Global Short Duration High Yield Fund Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Barings Global Short Duration High Yield Fund's Enterprise Value is $374.34 Mil. Barings Global Short Duration High Yield Fund's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $49.82 Mil. Therefore, Barings Global Short Duration High Yield Fund's EV-to-Revenue ratio for today is 7.51.


Barings Global Short Duration High Yield Fund Enterprise Value Historical Data

The historical data trend for Barings Global Short Duration High Yield Fund's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Barings Global Short Duration High Yield Fund Enterprise Value Chart

Barings Global Short Duration High Yield Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial 494.37 436.67 475.62 357.50 364.51

Barings Global Short Duration High Yield Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 475.62 353.48 357.50 349.54 364.51

Competitive Comparison of Barings Global Short Duration High Yield Fund's Enterprise Value

For the Asset Management subindustry, Barings Global Short Duration High Yield Fund's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Barings Global Short Duration High Yield Fund's Enterprise Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Barings Global Short Duration High Yield Fund's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Barings Global Short Duration High Yield Fund's Enterprise Value falls into.



Barings Global Short Duration High Yield Fund Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Barings Global Short Duration High Yield Fund's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Barings Global Short Duration High Yield Fund's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Barings Global Short Duration High Yield Fund  (NYSE:BGH) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Barings Global Short Duration High Yield Fund's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=374.343/49.817
=7.51

Barings Global Short Duration High Yield Fund's current Enterprise Value is $374.34 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Barings Global Short Duration High Yield Fund's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $49.82 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Barings Global Short Duration High Yield Fund Enterprise Value Related Terms

Thank you for viewing the detailed overview of Barings Global Short Duration High Yield Fund's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Barings Global Short Duration High Yield Fund (Barings Global Short Duration High Yield Fund) Business Description

Traded in Other Exchanges
N/A
Address
300 South Tryon Street, Suite 2500, Charlotte, NC, USA, 28202
Barings Global Short Duration High Yield Fund is a diversified, closed-end management investment company. Its investment objective is to seek as high a level of current income as the Adviser determines is consistent with capital preservation.
Executives
Eric Partlan other: Adviser Board Member BARINGS LLC, 300 S. TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Gregory Wayne Maccordy other: Chief Compliance Officer 6 LAMPLIGHT LANE, WESTPORT CT 06880
Ashlee Steinnerd officer: Chief Legal Officer BARINGS LLC, 300 S. TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Michael Freno officer: Vice President BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Benjamin Tecmire officer: Chief Compliance Officer BARINGS LLC, 300 S. TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Roger W Crandall other: Adviser Board Member MASSACHUSETTS MUTUAL LIFE INSURANCE CO, 1295 STATE STREET, SPRINGFIELD MA 01111
Christopher Hanscom officer: Treasurer BARINGS LLC, 1500 MAIN STREET PO BOX 15189, SPRINGFIELD MA 01115-5189
Eric J Lloyd other: Officer of Adviser BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Mark F Mulhern director 410 S. WILMINGTON STREET, RALEIGH NC 27601
Jill Olmstead other: Trustee BARINGS LLC, 3300 SOUTH TRYON STREET SUITE 2500, CHARLOTTE NC 28202
David Mihalick director BARINGS LLC, 300 SOUTH TRYON ST., STE 2500, CHARLOTTE NC 28202
Rodney J Dillman other: Trustee BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Elizabeth A. Murray officer: Treasurer BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Mark Senkpiel other: Investment Personnel BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Christopher Cary other: Officer of Adviser BARINGS LLC, 300 SOUTH TRYON STREET SUITE 2500, CHARLOTTE NC 28202

Barings Global Short Duration High Yield Fund (Barings Global Short Duration High Yield Fund) Headlines

From GuruFocus