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, Onyx Gold's Enterprise Value is C$9.70 Mil.
Onyx Gold does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Sep. 2023. Therefore, GuruFocus does not calculate Onyx Gold's EV-to-EBIT at this moment.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Onyx Gold's Enterprise Value is C$9.70 Mil.
Onyx Gold does not have enough years/quarters to calculate its EBITDA for the trailing twelve months (TTM) ended in Sep. 2023. Therefore, GuruFocus does not calculate Onyx Gold's EV-to-EBITDA at this moment.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Onyx Gold's Enterprise Value is C$9.70 Mil.
Onyx Gold does not have enough years/quarters to calculate its Revenue for the trailing twelve months (TTM) ended in Sep. 2023. Therefore, GuruFocus does not calculate Onyx Gold's EV-to-Revenue at this moment.
Onyx Gold Enterprise Value Historical Data
The historical data trend for Onyx Gold'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.
Onyx Gold Enterprise Value Chart
Onyx Gold Annual Data
Trend
Enterprise Value
Onyx Gold Semi-Annual Data
Sep23
Enterprise Value
15.19
Competitive Comparison of Onyx Gold's Enterprise Value
For the Gold subindustry, Onyx Gold'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.
Onyx Gold's Enterprise Value Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Onyx Gold's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Onyx Gold's Enterprise Value falls into.
Onyx Gold 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.
Onyx Gold's Enterprise Value for the fiscal year that ended in . 20 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.
Onyx Gold (TSXV:ONYX) 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.
Onyx Gold Enterprise Value Related Terms
Thank you for viewing the detailed overview of Onyx Gold's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Onyx Gold corp is an exploration company focused on Canadian mining jurisdictions, with assets in Timmins, Ontario, and Yukon Territory. The company's portfolio of gold projects in the greater Timmins gold camp includes the Munro-Croesus Gold property, for its mineralization, plus two additional earlier-stage large exploration properties, Golden Mile and Timmins South.
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