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Twin Ridge Capital Acquisition (Twin Ridge Capital Acquisition) Enterprise Value : $91.75 Mil (As of May. 26, 2024)


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What is Twin Ridge Capital Acquisition 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. As of today, Twin Ridge Capital Acquisition's Enterprise Value is $91.75 Mil. Twin Ridge Capital Acquisition's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $-5.69 Mil. Therefore, Twin Ridge Capital Acquisition's EV-to-EBIT ratio for today is -16.13.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Twin Ridge Capital Acquisition's Enterprise Value is $91.75 Mil. Twin Ridge Capital Acquisition's EBITDA for the trailing twelve months (TTM) ended in Jun. 2023 was $-5.69 Mil. Therefore, Twin Ridge Capital Acquisition's EV-to-EBITDA ratio for today is -16.13.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Twin Ridge Capital Acquisition's Enterprise Value is $91.75 Mil. Twin Ridge Capital Acquisition's Revenue for the trailing twelve months (TTM) ended in Jun. 2023 was $0.00 Mil. Therefore, Twin Ridge Capital Acquisition's EV-to-Revenue ratio for today is .


Twin Ridge Capital Acquisition Enterprise Value Historical Data

The historical data trend for Twin Ridge Capital Acquisition'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.

Twin Ridge Capital Acquisition Enterprise Value Chart

Twin Ridge Capital Acquisition Annual Data
Trend Dec21 Dec22
Enterprise Value
256.39 267.72

Twin Ridge Capital Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only 260.04 263.04 267.72 118.94 124.56

Competitive Comparison of Twin Ridge Capital Acquisition's Enterprise Value

For the Shell Companies subindustry, Twin Ridge Capital Acquisition'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.


Twin Ridge Capital Acquisition's Enterprise Value Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Twin Ridge Capital Acquisition's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Twin Ridge Capital Acquisition's Enterprise Value falls into.



Twin Ridge Capital Acquisition 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.

Twin Ridge Capital Acquisition's Enterprise Value for the fiscal year that ended in Dec. 2022 is calculated as

Twin Ridge Capital Acquisition's Enterprise Value for the quarter that ended in Jun. 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.


Twin Ridge Capital Acquisition  (NYSE:TRCA) 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.

Twin Ridge Capital Acquisition's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=91.753/-5.687
=-16.13

Twin Ridge Capital Acquisition's current Enterprise Value is $91.75 Mil.
Twin Ridge Capital Acquisition's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.69 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Twin Ridge Capital Acquisition's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=91.753/-5.687
=-16.13

Twin Ridge Capital Acquisition's current Enterprise Value is $91.75 Mil.
Twin Ridge Capital Acquisition's EBITDA for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.69 Mil.

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

Twin Ridge Capital Acquisition's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=91.753/0
=

Twin Ridge Capital Acquisition's current Enterprise Value is $91.75 Mil.
Twin Ridge Capital Acquisition's Revenue for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.


Twin Ridge Capital Acquisition Enterprise Value Related Terms

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Twin Ridge Capital Acquisition (Twin Ridge Capital Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
999 Vanderbilt Beach Road, Suite 200, Naples, FL, USA, 34108
Twin Ridge Capital Acquisition Corp is a blank check company.
Executives
Gary H Pilnick director
Dale F Morrison director, 10 percent owner 152 W 57TH ST, NEW YORK NY 10019
Twin Ridge Capital Sponsor, Llc director, 10 percent owner 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Alison Sarah Burns director C/O TWIN RIDGE CAPITAL ACQUISITION CORP., 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Sanjay Krishnakumar Morey director, 10 percent owner, officer: Co-CEO and President C/O TWIN RIDGE CAPITAL ACQUISITION CORP., 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Russell William Peter Jr director, 10 percent owner, officer: Co-CEO and CFO C/O TWIN RIDGE CAPITAL ACQUISITION CORP., 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Paul Henrys director C/O TWIN RIDGE CAPITAL ACQUISITION CORP., 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025

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