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Greenfire Resources (Greenfire Resources) Enterprise Value : $612.7 Mil (As of May. 08, 2024)


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What is Greenfire 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, Greenfire Resources's Enterprise Value is $612.7 Mil. Greenfire Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-25.5 Mil. Therefore, Greenfire Resources's EV-to-EBIT ratio for today is -24.01.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Greenfire Resources's Enterprise Value is $612.7 Mil. Greenfire Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $-3.1 Mil. Therefore, Greenfire Resources's EV-to-EBITDA ratio for today is -199.19.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Greenfire Resources's Enterprise Value is $612.7 Mil. Greenfire Resources's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $239.5 Mil. Therefore, Greenfire Resources's EV-to-Revenue ratio for today is 2.56.


Greenfire Resources Enterprise Value Historical Data

The historical data trend for Greenfire 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.

Greenfire Resources Enterprise Value Chart

Greenfire Resources Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Enterprise Value
- - - 542.72

Greenfire Resources Quarterly Data
Dec21 Sep22 Dec22 Sep23 Dec23
Enterprise Value - - - 584.13 542.72

Competitive Comparison of Greenfire Resources's Enterprise Value

For the Oil & Gas E&P subindustry, Greenfire 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.


Greenfire Resources's Enterprise Value Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Greenfire Resources's Enterprise Value distribution charts can be found below:

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



Greenfire 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.

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

Greenfire 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.


Greenfire Resources  (NYSE:GFR) 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.

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=612.707/-25.521
=-24.01

Greenfire Resources's current Enterprise Value is $612.7 Mil.
Greenfire Resources'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 $-25.5 Mil.

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

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=612.707/-3.076
=-199.19

Greenfire Resources's current Enterprise Value is $612.7 Mil.
Greenfire Resources'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 $-3.1 Mil.

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

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

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=612.707/239.512
=2.56

Greenfire Resources's current Enterprise Value is $612.7 Mil.
Greenfire Resources'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 $239.5 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.


Greenfire Resources Enterprise Value Related Terms

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Greenfire Resources (Greenfire Resources) Business Description

Traded in Other Exchanges
Address
1900 – 205 5th Avenue SW, Calgary, AB, CAN, T2P 2V7
Greenfire Resources Ltd explores, acquires, develops and produces oil and gas in the Canadian energy sector and internationally. Greenfire currently has two producing oil sand assets, Hangingstone Expansion and Hangingstone Demo.

Greenfire Resources (Greenfire Resources) Headlines

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