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, Sixth Wave Innovations's Enterprise Value is $2.85 Mil.
Sixth Wave Innovations's EBIT for the trailing twelve months (TTM) ended in May. 2023 was $-4.40 Mil. Therefore, Sixth Wave Innovations's EV-to-EBIT ratio for today is -0.65.
Sixth Wave Innovations Enterprise Value Historical Data
The historical data trend for Sixth Wave Innovations'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.
Competitive Comparison of Sixth Wave Innovations's Enterprise Value
For the Specialty Chemicals subindustry, Sixth Wave Innovations'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.
Sixth Wave Innovations's Enterprise Value Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Sixth Wave Innovations's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Sixth Wave Innovations's Enterprise Value falls into.
Sixth Wave Innovations 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.
Sixth Wave Innovations's Enterprise Value for the fiscal year that ended in Aug. 2022 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.
Sixth Wave Innovations (OTCPK:SIXWF) 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.
Sixth Wave Innovations's current Enterprise Value is $2.85 Mil.
Sixth Wave Innovations's EBIT for the trailing twelve months (TTM) ended in May. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.40 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Sixth Wave Innovations's EV-to-EBITDA for today is:
Sixth Wave Innovations's current Enterprise Value is $2.85 Mil.
Sixth Wave Innovations's EBITDA for the trailing twelve months (TTM) ended in May. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.99 Mil.
Sixth Wave Innovations's current Enterprise Value is $2.85 Mil.
Sixth Wave Innovations's Revenue for the trailing twelve months (TTM) ended in May. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.
Sixth Wave Innovations Enterprise Value Related Terms
Thank you for viewing the detailed overview of Sixth Wave Innovations's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Sixth Wave Innovations (Sixth Wave Innovations) Business Description
Sixth Wave Innovations Inc is a nanotechnology company that uses patented Molecularly Imprinted Polymers (MIPs) for imprinting, capturing, and releasing substances at the molecular level. Its current products are in the process of commercialization in gold mining, cannabis production and health and security with rapid virus detection.
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