ESGI (enSurge) Preferred Stock: $0.00 Mil (As of Sep. 2017)


What is enSurge Preferred Stock?

enSurge ESGI Preferred Stock is $0.00 Mil as of Sep. 2017.

Preferred stock is a special equity security that has properties of both equity and debt. enSurge's preferred stock for the quarter that ended in Sep. 2017 was $0.00 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. enSurge's Enterprise Value for the quarter that ended in Sep. 2017 was $29.33 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. enSurge's Book Value per Share for the quarter that ended in Sep. 2017 was $0.00.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). enSurge's Earnings per Share (Diluted) for the three months ended in Sep. 2017 was $0.00.


enSurge  (OTCPK:ESGI) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

enSurge's Enterprise Value for the quarter that ended in Sep. 2017 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

enSurge's Book Value per Share for the quarter that ended in Sep. 2017 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

enSurge's Earnings per Share (Diluted) (EPS) for the three months ended in Sep. 2017 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.


enSurge Preferred Stock Related Terms


enSurge Preferred Stock Historical Data

* Premium members only.

The historical data trend for enSurge's Preferred Stock 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.

enSurge Preferred Stock Chart

enSurge Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Preferred Stock
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enSurge Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Sep14 Dec14 Mar15 Sep15 Dec15 Mar16 Sep16 Dec16 Mar17 Sep17
Preferred Stock 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 0.00 0.00 0.00 0.00 0.00

enSurge Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.

Frequently Asked Questions Learn more about Preferred Stock →
What does a Preferred Stock of $0.00 Mil mean?
enSurge (ESGI) has a Preferred Stock of $0.00 Mil as of Sep. 2017. Preferred Stock represents the par value of a company's preferred shares. View historical data on enSurge and its competitors.
Is enSurge's Preferred Stock too high?
enSurge's current Preferred Stock is $0.00 Mil.
How does enSurge's Preferred Stock compare to RYES and MXSG?
enSurge's Preferred Stock of $0.00 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Preferred Stock for a Metals & Mining company?
A good Preferred Stock depends on the Metals & Mining industry context. However, Preferred Stock should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Preferred Stock mean?
A high Preferred Stock can signal that a stock is expensive relative to its fundamentals. Preferred Stock represents the par value of a company's preferred shares. View historical data on enSurge and its competitors. enSurge's current Preferred Stock is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is enSurge stock overvalued right now?
enSurge (ESGI) has a current Preferred Stock of $0.00 Mil. The current Preferred Stock is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Preferred Stock calculated?
Preferred Stock is calculated from a company's financial statements. For enSurge (ESGI), the current Preferred Stock is $0.00 Mil as of Sep. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

enSurge Business Description

Address 1024 Iron Point Road, Folsom, CA, USA, 95630
enSurge Inc is a United States-based mining company. The company is engaged in the business of exploring, prospecting, developing, and conducting mining opportunities in the precious metals and diamond industry in Guyana, South America. It has the right to develop land near Higgins Landing on the Mazaruni river and large blocks of land on the Kaburi river region. The activities of the group include both river dredging and land dredging operations.