Global Tech Industries Group (Global Tech Industries Group) Enterprise Value : $67.03 Mil (As of Apr. 29, 2024)

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What is Global Tech Industries Group 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, Global Tech Industries Group's Enterprise Value is $67.03 Mil. Global Tech Industries Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-97.80 Mil. Therefore, Global Tech Industries Group's EV-to-EBIT ratio for today is -0.69.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Global Tech Industries Group's Enterprise Value is $67.03 Mil. Global Tech Industries Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $-97.80 Mil. Therefore, Global Tech Industries Group's EV-to-EBITDA ratio for today is -0.69.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Global Tech Industries Group's Enterprise Value is $67.03 Mil. Global Tech Industries Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $0.00 Mil. Therefore, Global Tech Industries Group's EV-to-Revenue ratio for today is .

Global Tech Industries Group Enterprise Value Historical Data

The historical data trend for Global Tech Industries Group'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.

Global Tech Industries Group Enterprise Value Chart

Global Tech Industries Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Enterprise Value

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12.04

22.58

360.74

370.85

151.72

Global Tech Industries Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Enterprise Value	Get a 7-Day Free Trial															370.85	557.84	277.34	280.80	151.72

Competitive Comparison of Global Tech Industries Group's Enterprise Value

For the Conglomerates subindustry, Global Tech Industries Group'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.

Global Tech Industries Group's Enterprise Value Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Global Tech Industries Group's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Global Tech Industries Group's Enterprise Value falls into.

Global Tech Industries Group 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.

Global Tech Industries Group's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

	Enterprise Value (A: Dec. 2023 )
=	Market Cap	+	Preferred Stock	+	Long-Term Debt & Capital Lease Obligation
=	147.5734974	+	0	+	4.788
+	Short-Term Debt & Capital Lease Obligation	+	Minority Interest	-	Cash, Cash Equivalents, Marketable Securities
+	0.615	+	0	-	1.259
=	151.72

Global Tech Industries Group's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

	Enterprise Value (Q: Dec. 2023 )
=	Market Cap	+	Preferred Stock	+	Long-Term Debt & Capital Lease Obligation
=	147.5734974	+	0	+	4.788
+	Short-Term Debt & Capital Lease Obligation	+	Minority Interest	-	Cash, Cash Equivalents, Marketable Securities
+	0.615	+	0	-	1.259
=	151.72

Global Tech Industries Group (OTCPK:GTII) 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.

Global Tech Industries Group's EV-to-EBIT for today is

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	67.028	/	-97.798
	=	-0.69

Global Tech Industries Group's current Enterprise Value is $67.03 Mil.
Global Tech Industries Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-97.80 Mil.

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

Global Tech Industries Group's EV-to-EBITDA for today is:

EV-to-EBITDA	=	Enterprise Value (Today)	/	EBITDA(TTM)
	=	67.028	/	-97.797
	=	-0.69

Global Tech Industries Group's current Enterprise Value is $67.03 Mil.
Global Tech Industries Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-97.80 Mil.

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

Global Tech Industries Group's EV-to-Revenue for today is:

EV-to-Revenue	=	Enterprise Value (Today)	/	Revenue (TTM)
	=	67.028	/	0
	=

Global Tech Industries Group's current Enterprise Value is $67.03 Mil.
Global Tech Industries Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Global Tech Industries Group Enterprise Value Related Terms

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Global Tech Industries Group (Global Tech Industries Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Global Tech Industries Group Inc (OTCPK:GTII) » Definitions » Enterprise Value

Comparable Companies

Traded in Other Exchanges

N/A

Address

511 Sixth Avenue, Suite 800, New York, NY, USA, 10011

Website

https://www.gtii-us.com

Global Tech Industries Group Inc currently has no operations. It is seeking opportunities to utilize its intellectual properties and relationships with valued business associates.

Executives

David I Reichman	director, officer: CEO and President	511 AVENUE OF THE AMERICAS, SUITE 800, NEW YORK NY 10011
Frank Benintendo	director	11 SEAMAN COURT, OLD BRIDGE NJ 08857
Don Harold Gilbert	director	PO BOX 090122, STATEN ISLAND NY 10309
Kathy M Griffin	director, officer: President	98 BLACK ROCK DRIVE, HINGHAM MA 02043
Global Tech Industries Group, Inc.	director, 10 percent owner, officer: Chief Executive Officer	511 SIXTH AVENUE, SUITE 800, NEW YORK NY 10011
Tree Top Industries, Inc. Profit Sharing Plan Trust	other: Employee Trust	40 CENTRAL PARK SOUTH, 8H, NEW YORK NY 10019
Robert Hantman	director	511 SIXTH AVENUE, SUITE 800, NEW YORK NY 10011
Michael Valle	director	511 AVENUE OF THE AMERICAS, SUITE 800, NEW YORK NY 10011
L G Davis	10 percent owner	511 AVENUE OF THE AMERICAS, SUITE 800, NEW YORK NY 10011
Justine Reichman	10 percent owner	511 AVENUE OF THE AMERICAS, SUITE 800, NEW YORK NY 10011
Trisha Woods	10 percent owner, officer: President of Wholly-Owned Sub.	1041 N. FORMOSA AVE., WRITERS' BLDG 2 & 3, WEST HOLLYWOOD CA 90046
James Black	10 percent owner	1041 N. FORMOSA AVE., WRITERS' BLDG 2 & 3, WEST HOLLYWOOD CA 90046