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Mkango Resources (TSXV:MKA) Enterprise Value : C$27.15 Mil (As of Jun. 22, 2024)


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What is Mkango Resources 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, Mkango Resources's Enterprise Value is C$27.15 Mil. Mkango Resources's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-5.77 Mil. Therefore, Mkango Resources's EV-to-EBIT ratio for today is -4.70.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Mkango Resources's Enterprise Value is C$27.15 Mil. Mkango Resources's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was C$-5.20 Mil. Therefore, Mkango Resources's EV-to-EBITDA ratio for today is -5.22.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Mkango Resources's Enterprise Value is C$27.15 Mil. Mkango Resources's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was C$0.00 Mil. Therefore, Mkango Resources's EV-to-Revenue ratio for today is .


Mkango Resources Enterprise Value Historical Data

The historical data trend for Mkango Resources'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.

Mkango Resources Enterprise Value Chart

Mkango Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 24.22 105.89 55.31 44.45

Mkango Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 45.23 36.59 40.34 44.45 29.78

Competitive Comparison of Mkango Resources's Enterprise Value

For the Other Industrial Metals & Mining subindustry, Mkango Resources'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.


Mkango Resources's Enterprise Value Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mkango Resources's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Mkango Resources's Enterprise Value falls into.



Mkango Resources 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.

Mkango Resources's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Mkango Resources's Enterprise Value for the quarter that ended in Mar. 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.


Mkango Resources  (TSXV:MKA) 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.

Mkango Resources's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=27.148/-5.771
=-4.70

Mkango Resources's current Enterprise Value is C$27.15 Mil.
Mkango Resources's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-5.77 Mil.

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

Mkango Resources's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=27.148/-5.199
=-5.22

Mkango Resources's current Enterprise Value is C$27.15 Mil.
Mkango Resources's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-5.20 Mil.

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

Mkango Resources's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=27.148/0
=

Mkango Resources's current Enterprise Value is C$27.15 Mil.
Mkango Resources's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$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.


Mkango Resources Enterprise Value Related Terms

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Mkango Resources (TSXV:MKA) Business Description

Traded in Other Exchanges
Address
550 Burrard Street, Suite 2900, Vancouver, BC, CAN, V6C 0A3
Mkango Resources Ltd is engaged in the exploration and development of rare earth elements and associated minerals in the Republic of Malawi. The Company holds interests in exclusive prospecting licenses in Malawi namely the Phalombe license, the Thambani license, the Chimimbe license, and the Mchinji license. Mkango also has an exploration portfolio in Malawi, including the Mchinji rutile discovery, in addition to the Thambani uranium-tantalum-niobium-zircon project and Chimimbe nickel-cobalt project.
Executives
Resource Early Stage Opportunity Company 10% Security Holder

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