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Virtus Convertible &ome Fund II (Virtus Convertible &ome Fund II) Enterprise Value : $0.00 Mil (As of Jun. 03, 2024)


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What is Virtus Convertible &ome Fund II 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. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Virtus Convertible &ome Fund II's Enterprise Value is $0.00 Mil. Virtus Convertible &ome Fund II's Revenue for the trailing twelve months (TTM) ended in Jan. 2024 was $7.76 Mil. Therefore, Virtus Convertible &ome Fund II's EV-to-Revenue ratio for today is 0.00.


Virtus Convertible &ome Fund II Enterprise Value Historical Data

The historical data trend for Virtus Convertible &ome Fund II'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.

Virtus Convertible &ome Fund II Enterprise Value Chart

Virtus Convertible &ome Fund II Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Jan23 Jan24
Enterprise Value
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Virtus Convertible &ome Fund II Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Jul22 Jan23 Jul23 Jan24
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Competitive Comparison of Virtus Convertible &ome Fund II's Enterprise Value

For the Asset Management subindustry, Virtus Convertible &ome Fund II'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.


Virtus Convertible &ome Fund II's Enterprise Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Virtus Convertible &ome Fund II's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Virtus Convertible &ome Fund II's Enterprise Value falls into.



Virtus Convertible &ome Fund II 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.

Virtus Convertible &ome Fund II's Enterprise Value for the fiscal year that ended in Jan. 2024 is calculated as

Virtus Convertible &ome Fund II's Enterprise Value for the quarter that ended in Jan. 2024 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.


Virtus Convertible &ome Fund II  (NYSE:NCZpA.PFD) 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-Revenue is calculated as Enterprise Value divided by its Revenue.

Virtus Convertible &ome Fund II's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=0.000/7.761
=0.00

Virtus Convertible &ome Fund II's current Enterprise Value is $0.00 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Virtus Convertible &ome Fund II's Revenue for the trailing twelve months (TTM) ended in Jan. 2024 was $7.76 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.


Virtus Convertible &ome Fund II Enterprise Value Related Terms

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Virtus Convertible &ome Fund II (Virtus Convertible &ome Fund II) Business Description

Traded in Other Exchanges
Address
101 Munson Street, Greenfield, MA, USA, 01301
Virtus Convertible & Income Fund II is a diversified, closed-end management investment company. Its investment objective is to provide total return through a combination of capital appreciation and high current income. Its portfolio of investments includes different sector investments such as in healthcare services, media, oil, gas and consumable fuels and others.

Virtus Convertible &ome Fund II (Virtus Convertible &ome Fund II) Headlines

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