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Equatorial Resources (ASX:EQX) Enterprise Value : A$4.06 Mil (As of Jul. 25, 2024)


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What is Equatorial Resources 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, Equatorial Resources's Enterprise Value is A$4.06 Mil. Equatorial Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.20 Mil. Therefore, Equatorial Resources'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, Equatorial Resources's Enterprise Value is A$4.06 Mil. Equatorial Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.20 Mil. Therefore, Equatorial Resources's EV-to-EBITDA ratio for today is -3.38.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Equatorial Resources's Enterprise Value is A$4.06 Mil. Equatorial Resources's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.00 Mil. Therefore, Equatorial Resources's EV-to-Revenue ratio for today is .


Equatorial Resources Enterprise Value Historical Data

The historical data trend for Equatorial Resources'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.

Equatorial Resources Enterprise Value Chart

Equatorial Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.19 -7.96 0.24 5.04 2.42

Equatorial Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.14 5.04 4.70 2.42 -0.49

Competitive Comparison of Equatorial Resources's Enterprise Value

For the Steel subindustry, Equatorial Resources'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.


Equatorial Resources's Enterprise Value Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Equatorial Resources's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Equatorial Resources's Enterprise Value falls into.



Equatorial Resources 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.

Equatorial Resources's Enterprise Value for the fiscal year that ended in Jun. 2023 is calculated as

Equatorial Resources'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.


Equatorial Resources  (ASX:EQX) 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.

Equatorial Resources's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4.055/-1.201
=-3.38

Equatorial Resources's current Enterprise Value is A$4.06 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Equatorial Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.20 Mil.

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

Equatorial Resources's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=4.055/-1.201
=-3.38

Equatorial Resources's current Enterprise Value is A$4.06 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Equatorial Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.20 Mil.

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

Equatorial Resources's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=4.055/0
=

Equatorial Resources's current Enterprise Value is A$4.06 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Equatorial Resources'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.


Equatorial Resources Enterprise Value Related Terms

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Equatorial Resources (ASX:EQX) Business Description

Traded in Other Exchanges
N/A
Address
28 The Esplanade, Level 9, BGC Centre, Perth, WA, AUS, 6000
Equatorial Resources Ltd is an iron ore exploration and development company. The company's iron ore projects are located in the Republic of Congo (ROC). The company focuses on advancing its existing mineral resource assets in Africa, as well as searching for new opportunities in the resources sector. It operates the Badondo Iron Project located in the northwest region of the Republic of Congo. Central & West Africa hosts a regional distribution of undeveloped world-class high-grade iron ore deposits. It is comprised of the same rock type and similar geological formation as the Carajas System in South America.