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Trinidad Drilling (Trinidad Drilling) Enterprise Value : $352.7 Mil (As of May. 11, 2024)


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What is Trinidad Drilling 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, Trinidad Drilling's Enterprise Value is $352.7 Mil. Trinidad Drilling's EBIT for the trailing twelve months (TTM) ended in Sep. 2018 was $-510.8 Mil. Therefore, Trinidad Drilling'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, Trinidad Drilling's Enterprise Value is $352.7 Mil. Trinidad Drilling's EBITDA for the trailing twelve months (TTM) ended in Sep. 2018 was $-334.7 Mil. Therefore, Trinidad Drilling's EV-to-EBITDA ratio for today is -1.05.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Trinidad Drilling's Enterprise Value is $352.7 Mil. Trinidad Drilling's Revenue for the trailing twelve months (TTM) ended in Sep. 2018 was $459.3 Mil. Therefore, Trinidad Drilling's EV-to-Revenue ratio for today is 0.77.


Trinidad Drilling Enterprise Value Historical Data

The historical data trend for Trinidad Drilling'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.

Trinidad Drilling Enterprise Value Chart

Trinidad Drilling Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,466.10 990.76 817.87 993.36 776.47

Trinidad Drilling Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 810.79 776.47 784.58 735.73 763.74

Competitive Comparison of Trinidad Drilling's Enterprise Value

For the Oil & Gas Drilling subindustry, Trinidad Drilling'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.


Trinidad Drilling's Enterprise Value Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Trinidad Drilling's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Trinidad Drilling's Enterprise Value falls into.



Trinidad Drilling 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.

Trinidad Drilling's Enterprise Value for the fiscal year that ended in Dec. 2017 is calculated as

Trinidad Drilling's Enterprise Value for the quarter that ended in Sep. 2018 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.


Trinidad Drilling  (OTCPK:TDGCF) 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.

Trinidad Drilling's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=352.690/-510.784
=-0.69

Trinidad Drilling's current Enterprise Value is $352.7 Mil.
Trinidad Drilling's EBIT for the trailing twelve months (TTM) ended in Sep. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-510.8 Mil.

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

Trinidad Drilling's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=352.690/-334.668
=-1.05

Trinidad Drilling's current Enterprise Value is $352.7 Mil.
Trinidad Drilling's EBITDA for the trailing twelve months (TTM) ended in Sep. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-334.7 Mil.

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

Trinidad Drilling's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=352.690/459.321
=0.77

Trinidad Drilling's current Enterprise Value is $352.7 Mil.
Trinidad Drilling's Revenue for the trailing twelve months (TTM) ended in Sep. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $459.3 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.


Trinidad Drilling Enterprise Value Related Terms

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Trinidad Drilling (Trinidad Drilling) Business Description

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Address
Trinidad Drilling Ltd is a Canadian company which is engaged in providing drilling services to the oil and natural gas industry. The company's operating segments are Canadian operations which include land drilling services; US and international operations which include land and barge drilling services located in both the US and international markets, excluding all joint venture operations; Joint venture operations which include all international joint venture operations; and Manufacturing operations include manufacturing work performed in each of the Canadian and US manufacturing divisions. The majority of the company's revenue comes from oilfield services.

Trinidad Drilling (Trinidad Drilling) Headlines

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