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, CoJax Oil & Gas's Enterprise Value is $20.99 Mil.
CoJax Oil & Gas's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.63 Mil. Therefore, CoJax Oil & Gas's EV-to-EBIT ratio for today is -12.88.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, CoJax Oil & Gas's Enterprise Value is $20.99 Mil.
CoJax Oil & Gas's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.26 Mil. Therefore, CoJax Oil & Gas's EV-to-EBITDA ratio for today is -16.62.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, CoJax Oil & Gas's Enterprise Value is $20.99 Mil.
CoJax Oil & Gas's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $0.88 Mil. Therefore, CoJax Oil & Gas's EV-to-Revenue ratio for today is 23.83.
CoJax Oil & Gas Enterprise Value Historical Data
The historical data trend for CoJax Oil & Gas'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.
Competitive Comparison of CoJax Oil & Gas's Enterprise Value
For the Oil & Gas E&P subindustry, CoJax Oil & Gas'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.
CoJax Oil & Gas's Enterprise Value Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, CoJax Oil & Gas's Enterprise Value distribution charts can be found below:
* The bar in red indicates where CoJax Oil & Gas's Enterprise Value falls into.
CoJax Oil & Gas 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.
CoJax Oil & Gas's Enterprise Value for the fiscal year that ended in Dec. 2023 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.
CoJax Oil & Gas (OTCPK:CJAX) 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.
CoJax Oil & Gas's current Enterprise Value is $20.99 Mil.
CoJax Oil & Gas's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.63 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
CoJax Oil & Gas's current Enterprise Value is $20.99 Mil.
CoJax Oil & Gas's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.26 Mil.
CoJax Oil & Gas's current Enterprise Value is $20.99 Mil.
CoJax Oil & Gas's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.88 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.
CoJax Oil & Gas Enterprise Value Related Terms
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CoJax Oil & Gas (CoJax Oil & Gas) Business Description
CoJax Oil & Gas Corp is an oil and gas exploration and production company, with producing assets in Southwest Alabama. It is engaged in the acquisition and development of lower risk onshore oil and gas producing properties within the Southeastern United States.
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