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Midwest Holding (Midwest Holding) Enterprise Value : $-71.74 Mil (As of May. 29, 2024)


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What is Midwest Holding 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, Midwest Holding's Enterprise Value is $-71.74 Mil. Midwest Holding's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $0.00 Mil. Therefore, Midwest Holding's EV-to-EBIT ratio for today is .

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Midwest Holding's Enterprise Value is $-71.74 Mil. Midwest Holding's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was $0.00 Mil. Therefore, Midwest Holding's EV-to-EBITDA ratio for today is .

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Midwest Holding's Enterprise Value is $-71.74 Mil. Midwest Holding's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 was $92.53 Mil. Therefore, Midwest Holding's EV-to-Revenue ratio for today is -0.78.


Midwest Holding Enterprise Value Historical Data

The historical data trend for Midwest Holding'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.

Midwest Holding Enterprise Value Chart

Midwest Holding Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.14 23.46 49.24 -59.02 -108.45

Midwest Holding Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -149.06 -108.45 -74.12 -55.15 -56.63

Competitive Comparison of Midwest Holding's Enterprise Value

For the Insurance - Life subindustry, Midwest Holding'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.


Midwest Holding's Enterprise Value Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Midwest Holding's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Midwest Holding's Enterprise Value falls into.



Midwest Holding 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.

Midwest Holding's Enterprise Value for the fiscal year that ended in Dec. 2022 is calculated as

Midwest Holding's Enterprise Value for the quarter that ended in Sep. 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.


Midwest Holding  (NAS:MDWT) 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.

Midwest Holding's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-71.736/0
=

Midwest Holding's current Enterprise Value is $-71.74 Mil.
Midwest Holding's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

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

Midwest Holding's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=-71.736/0
=

Midwest Holding's current Enterprise Value is $-71.74 Mil.
Midwest Holding's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

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

Midwest Holding's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=-71.736/92.528
=-0.78

Midwest Holding's current Enterprise Value is $-71.74 Mil.
Midwest Holding's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $92.53 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.


Midwest Holding Enterprise Value Related Terms

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Midwest Holding (Midwest Holding) Business Description

Traded in Other Exchanges
N/A
Address
2900 South 70th Street, Suite 400, Lincoln, NE, USA, 68506
Midwest Holding Inc is a financial service holding company. The company is engaged in the underwriting and marketing of life insurance products through American Life. Its product offerings consist of a multi-benefit life insurance policy that combines cash value life insurance with a tax-deferred annuity and a single premium term life product. These product offerings are underwritten, marketed, and managed as a group of similar products on an overall portfolio basis. Geographically, the activities are carried out throughout the region of the United States.
Executives
Knott David M Jr 10 percent owner DORSET MANAGEMENT CORPORATION, 485 UNDERHILL BOULEVARD, SUITE 205, SYOSSET NY 11791
Diane C. Davis director 201 WELLS AVENUE SOUTH, RENTON WA 98057
Nancy Lyons Callahan director 2900 SOUTH 70TH STREET, SUITE 400, LINCOLN NE 68506
Kevin Martin Sheehan director 115 PINE BROOK ROAD, BEDFORD NY 10506
Knott Partners Lp 10 percent owner 485 UNDERHILL BOULEVARD, SUITE 205, SYOSSET NY 11791
Eoin Elliffe officer: Chief Risk Officer 2900 SOUTH 70TH STREET, SUITE 400, LINCOLN NE 68506
Daniel Scott Maloney officer: EVP-Accounting & Finance (PAO) 5250 S. SIXTH ST, C/O UNITED TRUST GROUP, SPRINGIELD IL 62703
Yadin Rozov director 9 TERRACE CIRCLE, ARMONK NY 10504
Eric N. Berg officer: Chief Financial Officer 2900 SOUTH 70TH STREET, SUITE 400, L NE 68506
Michael W. Minnich director, 10 percent owner, officer: Co-Chief Executive Officer 7 EAST 20TH STREET, APARTMENT 12F, NEW YORK NY 10003
Jack Theeler director 8101 O STREET, SUITE S111, LINCOLN NE 68510
Georgette C. Nicholas officer: President & CFO 2900 SOUTH 70TH STREET, SUITE 400, LINCOLN NE 68506
Stephen Alan Mace officer: General Counsel 2900 SOUTH 70TH STREET, SUITE 400, LINCOLN NE 68506
Debra Havranek officer: VP & CFO 2900 SOUTH 70TH STREET, SUITE 400, LINCOLN NE 68506
Michael Minnich director, 10 percent owner, officer: Executive Chairman 7 EAST 20TH STREET, APARTMENT 12F, NEW YORK NY 10003