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First Ship Lease Trust (First Ship Lease Trust) Enterprise Value : $25.01 Mil (As of May. 17, 2024)


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What is First Ship Lease Trust 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, First Ship Lease Trust's Enterprise Value is $25.01 Mil. First Ship Lease Trust's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $11.60 Mil. Therefore, First Ship Lease Trust's EV-to-EBIT ratio for today is 2.16.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, First Ship Lease Trust's Enterprise Value is $25.01 Mil. First Ship Lease Trust's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $13.17 Mil. Therefore, First Ship Lease Trust's EV-to-EBITDA ratio for today is 1.90.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, First Ship Lease Trust's Enterprise Value is $25.01 Mil. First Ship Lease Trust's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $10.80 Mil. Therefore, First Ship Lease Trust's EV-to-Revenue ratio for today is 2.31.


First Ship Lease Trust Enterprise Value Historical Data

The historical data trend for First Ship Lease Trust'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.

First Ship Lease Trust Enterprise Value Chart

First Ship Lease Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 98.35 79.87 83.92 54.12 48.66

First Ship Lease Trust Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 61.28 73.97 54.12 51.03 48.66

Competitive Comparison of First Ship Lease Trust's Enterprise Value

For the Rental & Leasing Services subindustry, First Ship Lease Trust'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.


First Ship Lease Trust's Enterprise Value Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, First Ship Lease Trust's Enterprise Value distribution charts can be found below:

* The bar in red indicates where First Ship Lease Trust's Enterprise Value falls into.



First Ship Lease Trust 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.

First Ship Lease Trust's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

First Ship Lease Trust'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.


First Ship Lease Trust  (OTCPK:FSLUF) 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.

First Ship Lease Trust's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=25.008/11.602
=2.16

First Ship Lease Trust's current Enterprise Value is $25.01 Mil.
First Ship Lease Trust'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 $11.60 Mil.

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

First Ship Lease Trust's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=25.008/13.169
=1.90

First Ship Lease Trust's current Enterprise Value is $25.01 Mil.
First Ship Lease Trust'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 $13.17 Mil.

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

First Ship Lease Trust's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=25.008/10.804
=2.31

First Ship Lease Trust's current Enterprise Value is $25.01 Mil.
First Ship Lease Trust'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 $10.80 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.


First Ship Lease Trust Enterprise Value Related Terms

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First Ship Lease Trust (First Ship Lease Trust) Business Description

Traded in Other Exchanges
Address
7 Temasek Boulevard, No.12-10 Suntec Tower One, Singapore, SGP, 038987
First Ship Lease Trust or FSL is a Singapore-based firm engaged in the shipping business. The Group has one segment that is only involved in the leasing and chartering of vessels which is carried out in international waters. Bareboat Charter's lease income relates to lease income derived from operating leases which accounts for the majority of its revenues through its operations in Europe and Asia. Geographically, it operates in Asia, Europe, and North America, the majority is from North America.

First Ship Lease Trust (First Ship Lease Trust) Headlines

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