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, Comet Ridge's Enterprise Value is A$151.69 Mil.
Comet Ridge's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-4.52 Mil. Therefore, Comet Ridge's EV-to-EBIT ratio for today is -33.57.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Comet Ridge's Enterprise Value is A$151.69 Mil.
Comet Ridge's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$-4.39 Mil. Therefore, Comet Ridge's EV-to-EBITDA ratio for today is -34.55.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Comet Ridge's Enterprise Value is A$151.69 Mil.
Comet Ridge's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.00 Mil. Therefore, Comet Ridge's EV-to-Revenue ratio for today is .
Comet Ridge Enterprise Value Historical Data
The historical data trend for Comet Ridge'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 Comet Ridge's Enterprise Value
For the Oil & Gas E&P subindustry, Comet Ridge'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.
Comet Ridge's Enterprise Value Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Comet Ridge's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Comet Ridge's Enterprise Value falls into.
Comet Ridge 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.
Comet Ridge's Enterprise Value for the fiscal year that ended in Jun. 2024 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.
Comet Ridge (ASX:COI) 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.
Comet Ridge's current Enterprise Value is A$151.69 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Comet Ridge's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-4.52 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Comet Ridge's current Enterprise Value is A$151.69 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Comet Ridge's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$-4.39 Mil.
Comet Ridge's current Enterprise Value is A$151.69 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Comet Ridge's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was A$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.
Comet Ridge Enterprise Value Related Terms
Thank you for viewing the detailed overview of Comet Ridge's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Comet Ridge Ltd is an exploration company. It is engaged in the exploration and evaluation of its tenements for oil and gas reserves. The projects of the company include Mahalo North and Mahalo Gas Project, Gunnedah, and Galilee Basin project. The projects are located in the states of Queensland and New South Wales, Australia.
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