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Castlight Health (Castlight Health) Enterprise Value : $278.7 Mil (As of Apr. 25, 2024)


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What is Castlight Health 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, Castlight Health's Enterprise Value is $278.7 Mil. Castlight Health's EBIT for the trailing twelve months (TTM) ended in Sep. 2021 was $-8.8 Mil. Therefore, Castlight Health's EV-to-EBIT ratio for today is -31.70.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Castlight Health's Enterprise Value is $278.7 Mil. Castlight Health's EBITDA for the trailing twelve months (TTM) ended in Sep. 2021 was $-2.2 Mil. Therefore, Castlight Health's EV-to-EBITDA ratio for today is -124.02.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Castlight Health's Enterprise Value is $278.7 Mil. Castlight Health's Revenue for the trailing twelve months (TTM) ended in Sep. 2021 was $142.5 Mil. Therefore, Castlight Health's EV-to-Revenue ratio for today is 1.96.


Castlight Health Enterprise Value Historical Data

The historical data trend for Castlight Health'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.

Castlight Health Enterprise Value Chart

Castlight Health Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 401.74 416.14 233.90 156.82 166.49

Castlight Health Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 141.60 166.49 193.80 370.48 197.69

Competitive Comparison of Castlight Health's Enterprise Value

For the Health Information Services subindustry, Castlight Health'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.


Castlight Health's Enterprise Value Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Castlight Health's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Castlight Health's Enterprise Value falls into.



Castlight Health 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.

Castlight Health's Enterprise Value for the fiscal year that ended in Dec. 2020 is calculated as

Castlight Health's Enterprise Value for the quarter that ended in Sep. 2021 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.


Castlight Health  (NYSE:CSLT) 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.

Castlight Health's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=278.677/-8.79
=-31.70

Castlight Health's current Enterprise Value is $278.7 Mil.
Castlight Health's EBIT for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8.8 Mil.

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

Castlight Health's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=278.677/-2.247
=-124.02

Castlight Health's current Enterprise Value is $278.7 Mil.
Castlight Health's EBITDA for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.2 Mil.

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

Castlight Health's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=278.677/142.524
=1.96

Castlight Health's current Enterprise Value is $278.7 Mil.
Castlight Health's Revenue for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $142.5 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.


Castlight Health Enterprise Value Related Terms

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Castlight Health (Castlight Health) Business Description

Traded in Other Exchanges
N/A
Address
150 Spear Street, Suite 400, San Francisco, CA, USA, 94105
Castlight Health Inc provides a software-as-a-service platform. It is used for health benefits navigation for employees in the United States. Its platform matches employees to the resources their employers make available to them; managing a condition; and assists them to manage their benefits. The company derives its revenue from sales of cloud-based subscription service and professional services contracts. Castlight generates its geographical revenue from the United States.
Executives
Venrock Partners Management V, Llc 10 percent owner 3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Management V, Llc 10 percent owner 3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Management Vi, Llc 10 percent owner 3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Associates Vi, L.p. 10 percent owner 3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Partners Management Vi, Llc 10 percent owner 3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Partners Vi, L.p. 10 percent owner 3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Entrepreneurs Fund V, L.p. 10 percent owner 3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Vef Management V, Llc 10 percent owner 3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Partners V L P 10 percent owner 3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Associates V Lp 10 percent owner 3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Maeve O'meara officer: EVP,Product&CustomerExperience C/O CASTLIGHT HEALTH, INC., 150 SPEAR ST., SUITE 400, SAN FRANCISCO CA 94105
William Bondurant officer: Chief Financial Officer C/O CASTLIGHT HEALTH, INC. 150 SPEAR STREET, SUITE 400 SAN FRANCISCO CA 94105
Chan M.p. Eric officer: Chief Accounting Officer C/O CASTLIGHT HEALTH, INC. 150 SPEAR ST., SUITE 400 SAN FRANCISCO CA 94105
Bryan E Roberts director, 10 percent owner C/O VENROCK ASSOCIATES, 2494 SAND HILL ROAD STE 200, MENLO PARK CA 94025
Seth B. Cohen director C/O CASTLIGHT HEALTH, INC. 150 SPEAR ST., SUITE 400 SAN FRANCISCO CA 94105

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