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, Clearmind Medicine's Enterprise Value is $-5.37 Mil.
Clearmind Medicine's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $-4.52 Mil. Therefore, Clearmind Medicine's EV-to-EBIT ratio for today is 1.19.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Clearmind Medicine's Enterprise Value is $-5.37 Mil.
Clearmind Medicine's EBITDA for the trailing twelve months (TTM) ended in Jan. 2024 was $-4.49 Mil. Therefore, Clearmind Medicine's EV-to-EBITDA ratio for today is 1.19.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Clearmind Medicine's Enterprise Value is $-5.37 Mil.
Clearmind Medicine's Revenue for the trailing twelve months (TTM) ended in Jan. 2024 was $0.00 Mil. Therefore, Clearmind Medicine's EV-to-Revenue ratio for today is .
Clearmind Medicine Enterprise Value Historical Data
The historical data trend for Clearmind Medicine'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 Clearmind Medicine's Enterprise Value
For the Biotechnology subindustry, Clearmind Medicine'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.
Clearmind Medicine's Enterprise Value Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Clearmind Medicine's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Clearmind Medicine's Enterprise Value falls into.
Clearmind Medicine 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.
Clearmind Medicine's Enterprise Value for the fiscal year that ended in Oct. 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.
Clearmind Medicine (NAS:CMND) 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.
Clearmind Medicine's current Enterprise Value is $-5.37 Mil.
Clearmind Medicine's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.52 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Clearmind Medicine's current Enterprise Value is $-5.37 Mil.
Clearmind Medicine's EBITDA for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.49 Mil.
Clearmind Medicine's current Enterprise Value is $-5.37 Mil.
Clearmind Medicine's Revenue for the trailing twelve months (TTM) ended in Jan. 2024 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.
Clearmind Medicine Enterprise Value Related Terms
Thank you for viewing the detailed overview of Clearmind Medicine's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Clearmind Medicine (Clearmind Medicine) Business Description
Clearmind Medicine Inc is a psychedelic pharmaceutical biotech company focused on the discovery and development of novel psychedelic-derived therapeutics to solve widespread and underserved health problems, including alcohol use disorder. Its primary objective is to research and develop psychedelic-based compounds and attempt to commercialize them as regulated medicines, foods, or supplements. The company's intellectual portfolio currently consists of four patent families. The company intends to seek additional patents for its compounds whenever warranted and will remain opportunistic regarding the acquisition of additional intellectual property to build its portfolio.
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