What is Sparta Commercial Services 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, Sparta Commercial Services's Enterprise Value is $11.24 Mil.
Sparta Commercial Services's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $-3.27 Mil. Therefore, Sparta Commercial Services's EV-to-EBIT ratio for today is -3.44.
* 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 Sparta Commercial Services's Enterprise Value
For the Software - Application subindustry, Sparta Commercial Services'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.
Sparta Commercial Services's Enterprise Value Distribution in the Software Industry
For the Software industry and Technology sector, Sparta Commercial Services's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Sparta Commercial Services's Enterprise Value falls into.
Sparta Commercial Services 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.
Sparta Commercial Services's Enterprise Value for the fiscal year that ended in Apr. 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.
Sparta Commercial Services (OTCPK:SRCO) 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.
Sparta Commercial Services's EV-to-EBIT for today is
Sparta Commercial Services's current Enterprise Value is $11.24 Mil.
Sparta Commercial Services's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.27 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Sparta Commercial Services's EV-to-EBITDA for today is:
Sparta Commercial Services's current Enterprise Value is $11.24 Mil.
Sparta Commercial Services's EBITDA for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.27 Mil.
Sparta Commercial Services's current Enterprise Value is $11.24 Mil.
Sparta Commercial Services's Revenue for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.22 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.
Sparta Commercial Services Enterprise Value Related Terms
Thank you for viewing the detailed overview of Sparta Commercial Services's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Sparta Commercial Services (Sparta Commercial Services) Business Description
Sparta Commercial Services Inc through its subsidiaries offers technology products and services. The company develops, manages, and markets its business mobile applications for smartphones and tablets. Its mobile application offerings range from racetracks, private clubs, country clubs, restaurants, and grocery stores. The company serves small and medium-size businesses under the tradename iMobileApp. It generates maximum revenue from the application source.
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