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Tuscan Holdings II (Tuscan Holdings II) Enterprise Value : $79.79 Mil (As of May. 25, 2024)


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What is Tuscan Holdings 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. As of today, Tuscan Holdings II's Enterprise Value is $79.79 Mil. Tuscan Holdings II's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 was $-1.42 Mil. Therefore, Tuscan Holdings II's EV-to-EBIT ratio for today is -56.19.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tuscan Holdings II's Enterprise Value is $79.79 Mil. Tuscan Holdings II's EBITDA for the trailing twelve months (TTM) ended in Sep. 2022 was $-1.42 Mil. Therefore, Tuscan Holdings II's EV-to-EBITDA ratio for today is -56.19.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tuscan Holdings II's Enterprise Value is $79.79 Mil. Tuscan Holdings II's Revenue for the trailing twelve months (TTM) ended in Sep. 2022 was $0.00 Mil. Therefore, Tuscan Holdings II's EV-to-Revenue ratio for today is .


Tuscan Holdings II Enterprise Value Historical Data

The historical data trend for Tuscan Holdings 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.

Tuscan Holdings II Enterprise Value Chart

Tuscan Holdings II Annual Data
Trend Dec19 Dec20 Dec21
Enterprise Value
216.38 241.57 145.23

Tuscan Holdings II Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 174.16 145.23 85.21 78.69 79.20

Competitive Comparison of Tuscan Holdings II's Enterprise Value

For the Shell Companies subindustry, Tuscan Holdings 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.


Tuscan Holdings II's Enterprise Value Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Tuscan Holdings II's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Tuscan Holdings II's Enterprise Value falls into.



Tuscan Holdings 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.

Tuscan Holdings II's Enterprise Value for the fiscal year that ended in Dec. 2021 is calculated as

Tuscan Holdings II's Enterprise Value for the quarter that ended in Sep. 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.


Tuscan Holdings II  (OTCPK:THCA) 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.

Tuscan Holdings II's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=79.790/-1.42
=-56.19

Tuscan Holdings II's current Enterprise Value is $79.79 Mil.
Tuscan Holdings II's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.42 Mil.

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

Tuscan Holdings II's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=79.790/-1.42
=-56.19

Tuscan Holdings II's current Enterprise Value is $79.79 Mil.
Tuscan Holdings II's EBITDA for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.42 Mil.

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

Tuscan Holdings II's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=79.790/0
=

Tuscan Holdings II's current Enterprise Value is $79.79 Mil.
Tuscan Holdings II's Revenue for the trailing twelve months (TTM) ended in Sep. 2022 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.


Tuscan Holdings II Enterprise Value Related Terms

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Tuscan Holdings II (Tuscan Holdings II) Business Description

Traded in Other Exchanges
N/A
Address
135 E. 57th Street, 17th Floor, New York, NY, USA, 10022
Website
Tuscan Holdings Corp II is a blank check company.
Executives
Michael Auerbach director 158 HESTER STREET, APT 7F, NEW YORK NY 10013
Stephen A Vogel director, 10 percent owner, officer: Chief Executive Officer 701 BRAZOS STREET, SUITE 1200, AUSTIN TX 78701
Richard O. Rieger officer: Chief Financial Officer C/O TUSCAN HOLDINGS CORP., 135 E. 57TH ST., 18TH FLOOR, NEW YORK NY 10022
David H Dickstein director C/O TUSCAN HOLDINGS CORP. II, 135 E 57TH ST 17TH FL, NEW YORK NY 10022

Tuscan Holdings II (Tuscan Holdings II) Headlines

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