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. As of today, EnLink Midstream LLC's Enterprise Value is $10,360 Mil.
EnLink Midstream LLC's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $620 Mil. Therefore, EnLink Midstream LLC's EV-to-EBIT ratio for today is 16.71.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, EnLink Midstream LLC's Enterprise Value is $10,360 Mil.
EnLink Midstream LLC's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $1,282 Mil. Therefore, EnLink Midstream LLC's EV-to-EBITDA ratio for today is 8.08.
EnLink Midstream LLC Enterprise Value Historical Data
The historical data trend for EnLink Midstream LLC'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.
Competitive Comparison of EnLink Midstream LLC's Enterprise Value
For the Oil & Gas Midstream subindustry, EnLink Midstream LLC'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.
EnLink Midstream LLC's Enterprise Value Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, EnLink Midstream LLC's Enterprise Value distribution charts can be found below:
* The bar in red indicates where EnLink Midstream LLC's Enterprise Value falls into.
EnLink Midstream LLC 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.
EnLink Midstream LLC's Enterprise Value for the fiscal year 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.
EnLink Midstream LLC (NYSE:ENLC) 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-EBIT is calculated as Enterprise Value divided by its EBIT.
EnLink Midstream LLC's current Enterprise Value is $10,360 Mil.
EnLink Midstream LLC's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $620 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
EnLink Midstream LLC's current Enterprise Value is $10,360 Mil.
EnLink Midstream LLC's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,282 Mil.
EnLink Midstream LLC's current Enterprise Value is $10,360 Mil.
EnLink Midstream LLC's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,801 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.
EnLink Midstream LLC Enterprise Value Related Terms
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EnLink Midstream LLC (EnLink Midstream LLC) Business Description
EnLink Midstream LLC is an integrated midstream company. The company's operating segment includes Permian; North Texas; Oklahoma; Louisiana and Corporate. The company generates maximum revenue from the Louisiana segment. The Louisiana segment includes natural gas pipelines, natural gas processing plants, storage facilities, fractionation facilities, and NGL assets.
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