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, Teekay Tankers's Enterprise Value is $1,860 Mil.
Teekay Tankers's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $551 Mil. Therefore, Teekay Tankers's EV-to-EBIT ratio for today is 3.38.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Teekay Tankers's Enterprise Value is $1,860 Mil.
Teekay Tankers's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $648 Mil. Therefore, Teekay Tankers's EV-to-EBITDA ratio for today is 2.87.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Teekay Tankers's Enterprise Value is $1,860 Mil.
Teekay Tankers's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1,364 Mil. Therefore, Teekay Tankers's EV-to-Revenue ratio for today is 1.36.
Teekay Tankers Enterprise Value Historical Data
The historical data trend for Teekay Tankers'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 Teekay Tankers's Enterprise Value
For the Oil & Gas Midstream subindustry, Teekay Tankers'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.
Teekay Tankers's Enterprise Value Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Teekay Tankers's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Teekay Tankers's Enterprise Value falls into.
Teekay Tankers 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.
Teekay Tankers'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.
Teekay Tankers (NYSE:TNK) 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.
Teekay Tankers's current Enterprise Value is $1,860 Mil.
Teekay Tankers's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $551 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Teekay Tankers's current Enterprise Value is $1,860 Mil.
Teekay Tankers's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $648 Mil.
Teekay Tankers's current Enterprise Value is $1,860 Mil.
Teekay Tankers's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,364 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.
Teekay Tankers Enterprise Value Related Terms
Thank you for viewing the detailed overview of Teekay Tankers's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Teekay Tankers (Teekay Tankers) Business Description
Teekay Tankers Ltd is a provider of marine services to the global oil and natural gas industries and an operator of medium-sized oil tankers. The company operates in two segments: tanker and ship-to-ship transfer. The vast majority of its revenue comes from the tanker segment, which consists of crude oil and product tankers for different contracts.
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