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Singing Machine Co (Singing Machine Co) Enterprise Value : $3.92 Mil (As of May. 01, 2024)


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What is Singing Machine Co 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, Singing Machine Co's Enterprise Value is $3.92 Mil. Singing Machine Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-7.52 Mil. Therefore, Singing Machine Co's EV-to-EBIT ratio for today is -0.52.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Singing Machine Co's Enterprise Value is $3.92 Mil. Singing Machine Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $-5.95 Mil. Therefore, Singing Machine Co's EV-to-EBITDA ratio for today is -0.66.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Singing Machine Co's Enterprise Value is $3.92 Mil. Singing Machine Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $32.58 Mil. Therefore, Singing Machine Co's EV-to-Revenue ratio for today is 0.12.


Singing Machine Co Enterprise Value Historical Data

The historical data trend for Singing Machine Co'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.

Singing Machine Co Enterprise Value Chart

Singing Machine Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.53 6.86 19.05 7.23 2.64

Singing Machine Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 13.73 2.64 4.26 4.99 3.79

Competitive Comparison of Singing Machine Co's Enterprise Value

For the Consumer Electronics subindustry, Singing Machine Co'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.


Singing Machine Co's Enterprise Value Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Singing Machine Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Singing Machine Co's Enterprise Value falls into.



Singing Machine Co 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.

Singing Machine Co's Enterprise Value for the fiscal year that ended in Mar. 2023 is calculated as

Singing Machine Co'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.


Singing Machine Co  (NAS:MICS) 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.

Singing Machine Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3.917/-7.518
=-0.52

Singing Machine Co's current Enterprise Value is $3.92 Mil.
Singing Machine Co'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 $-7.52 Mil.

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

Singing Machine Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=3.917/-5.947
=-0.66

Singing Machine Co's current Enterprise Value is $3.92 Mil.
Singing Machine Co'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 $-5.95 Mil.

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

Singing Machine Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=3.917/32.581
=0.12

Singing Machine Co's current Enterprise Value is $3.92 Mil.
Singing Machine Co'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 $32.58 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.


Singing Machine Co Enterprise Value Related Terms

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Singing Machine Co (Singing Machine Co) Business Description

Traded in Other Exchanges
N/A
Address
6301 NW 5th Way, Suite 2900, Fort Lauderdale, FL, USA, 33309
Singing Machine Co Inc is engaged in the development, production, marketing and distribution of consumer karaoke audio equipment, toy products, accessories, music, and audio consumer electronic products. It contracts for the manufacturing of all its electronic equipment products with factories located in China. The company has also collaborated with a music content service provider that allows the company to offer karaoke downloads and streaming subscription services. This collaboration provides the company with a distribution platform for digital music sales and subscriptions and music sales to customers. Geographically, it derives a majority of revenue from North America and also has a presence in Europe; Asia, and Australia.
Executives
Jay B Foreman director 6301 NW 5TH WAY,, SUITE 2900, FORT LAUDERDALE FL 33309
Stingray Group Inc. 10 percent owner 730 WELLINGTON STREET, MONTREAL A8 H3C 1T4
Ault Milton C Iii 10 percent owner 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Bitnile Holdings, Inc. 10 percent owner 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Henry Carl Nisser director 100 PARK AVENUE, SUITE 1658A, NEW YORK NY 10017
James Michael Turner director 1800 HICKORY RIDGE DRIVE, WAXHAW NC 28173
Kenneth S Cragun director 3775 CHIPPEWA CIRCLE, CORONA CA 92881
Mathieu Peloquin director 730 WELLINGTON STREET, MONTREAL A8 H3C 1T4
Eric Boyko 10 percent owner 730 WELLINGTON STREET, MONTREAL A8 H3C 1T4
Bernardo Melo officer: VP Sales 6601 LYONS ROAD, BUILDING A 7, COCONUT CREEK FL 33073
Joseph Kling director 5846 NW 24TH AVENUE (UNIT #203), BOCA RATON FL 33496
Lau Sak Hong Aka Philip Lau director SHING DAO INDUSTRIAL BUILDING SECURITIES, 232 ABERDEEN MAIN ROAD 5TH FLO K3 00000
Gary Kevin Atkinson officer: Secretary 1266 S MILITARY TRAIL, APT 5314, DEERFIELD BEACH FL 33442
Carol Lau director THE SINGING MACHINE COMPANY INC, 6601 LYONS ROAD BUILDING A 7, COCONUT CREEK FL 33073
Anton Handal officer: CEO 425 TYRONE STREET, EL CAJON CA 92020