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, Elray Resources's Enterprise Value is $2.15 Mil.
Elray Resources's EBIT for the trailing twelve months (TTM) ended in Sep. 2018 was $-3.47 Mil. Therefore, Elray Resources's EV-to-EBIT ratio for today is -0.62.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Elray Resources's Enterprise Value is $2.15 Mil.
Elray Resources's EBITDA for the trailing twelve months (TTM) ended in Sep. 2018 was $-3.47 Mil. Therefore, Elray Resources's EV-to-EBITDA ratio for today is -0.62.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Elray Resources's Enterprise Value is $2.15 Mil.
Elray Resources's Revenue for the trailing twelve months (TTM) ended in Sep. 2018 was $0.48 Mil. Therefore, Elray Resources's EV-to-Revenue ratio for today is 4.45.
Elray Resources Enterprise Value Historical Data
The historical data trend for Elray 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.
Competitive Comparison of Elray Resources's Enterprise Value
For the Gambling subindustry, Elray 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.
Elray Resources's Enterprise Value Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Elray Resources's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Elray Resources's Enterprise Value falls into.
Elray 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.
Elray Resources's Enterprise Value for the fiscal year that ended in Dec. 2017 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.
Elray Resources (OTCPK:ELRA) 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.
Elray Resources's current Enterprise Value is $2.15 Mil.
Elray Resources's EBIT for the trailing twelve months (TTM) ended in Sep. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.47 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Elray Resources's current Enterprise Value is $2.15 Mil.
Elray Resources's EBITDA for the trailing twelve months (TTM) ended in Sep. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.47 Mil.
Elray Resources's current Enterprise Value is $2.15 Mil.
Elray Resources's Revenue for the trailing twelve months (TTM) ended in Sep. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.48 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.
Elray Resources Enterprise Value Related Terms
Thank you for viewing the detailed overview of Elray Resources's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Elray Resources (Elray Resources) Business Description
Elray Resources Inc is a company engaged in gambling activities. It provides marketing and support for online gaming operations. It has developed and acquired technology that provides marketing tools and customer relationship management systems for online gaming operators. Its software systems automatically decline and deny any gaming requests from within illegal gaming jurisdictions, including the United States, Hong Kong, Singapore, the United Kingdom, France, Italy, and Israel, and prevent any access to the products that it supports from any of these jurisdictions ensuring that residents of these countries cannot participate and are in strict compliance with the laws of these countries.
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