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, Forza Innovations's Enterprise Value is $2.31 Mil.
Forza Innovations's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.32 Mil. Therefore, Forza Innovations's EV-to-EBIT ratio for today is -1.76.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Forza Innovations's Enterprise Value is $2.31 Mil.
Forza Innovations's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.28 Mil. Therefore, Forza Innovations's EV-to-EBITDA ratio for today is -1.80.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Forza Innovations's Enterprise Value is $2.31 Mil.
Forza Innovations's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $0.09 Mil. Therefore, Forza Innovations's EV-to-Revenue ratio for today is 24.59.
Forza Innovations Enterprise Value Historical Data
The historical data trend for Forza Innovations'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 Forza Innovations's Enterprise Value
For the Medical Devices subindustry, Forza Innovations'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.
Forza Innovations's Enterprise Value Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Forza Innovations's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Forza Innovations's Enterprise Value falls into.
Forza Innovations 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.
Forza Innovations's Enterprise Value for the fiscal year 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.
Forza Innovations (OTCPK:FORZ) 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.
Forza Innovations's current Enterprise Value is $2.31 Mil.
Forza Innovations's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.32 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Forza Innovations's current Enterprise Value is $2.31 Mil.
Forza Innovations's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.28 Mil.
Forza Innovations's current Enterprise Value is $2.31 Mil.
Forza Innovations's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.09 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.
Forza Innovations Enterprise Value Related Terms
Thank you for viewing the detailed overview of Forza Innovations's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Forza Innovations (Forza Innovations) Business Description
Forza Innovations Inc is in the health-tech wearable performance business. The company has acquired all the ownership and rights to certain late developmental-stage products, including the J4 Sport, J4 X, and J4 Fitbelt. These products are wearable back compression devices, used to relax, warm up, loosen, or relax stiff & sore muscles. The therapeutic application of heat causes a change in the temperature of the soft tissues which decreases joint stiffness and relieves inflammation.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FORZ has been successfully added to your 