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SRH Total Return Fund, (SRH Total Return Fund,) Enterprise Value : $1,638.4 Mil (As of May. 15, 2024)


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What is SRH Total Return Fund, 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. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, SRH Total Return Fund,'s Enterprise Value is $1,638.4 Mil. SRH Total Return Fund,'s Revenue for the trailing twelve months (TTM) ended in Nov. 2023 was $143.0 Mil. Therefore, SRH Total Return Fund,'s EV-to-Revenue ratio for today is 11.46.


SRH Total Return Fund, Enterprise Value Historical Data

The historical data trend for SRH Total Return Fund,'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.

SRH Total Return Fund, Enterprise Value Chart

SRH Total Return Fund, Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Enterprise Value
Get a 7-Day Free Trial 1,171.46 1,294.89 1,495.98 1,518.67 1,526.02

SRH Total Return Fund, Semi-Annual Data
May16 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 1,495.98 1,531.66 1,518.67 1,432.14 1,526.02

Competitive Comparison of SRH Total Return Fund,'s Enterprise Value

For the Asset Management subindustry, SRH Total Return Fund,'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.


SRH Total Return Fund,'s Enterprise Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, SRH Total Return Fund,'s Enterprise Value distribution charts can be found below:

* The bar in red indicates where SRH Total Return Fund,'s Enterprise Value falls into.



SRH Total Return Fund, 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.

SRH Total Return Fund,'s Enterprise Value for the fiscal year that ended in Nov. 2023 is calculated as

SRH Total Return Fund,'s Enterprise Value for the quarter that ended in Nov. 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.


SRH Total Return Fund,  (NYSE:STEW) 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-Revenue is calculated as Enterprise Value divided by its Revenue.

SRH Total Return Fund,'s EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1638.425/142.968
=11.46

SRH Total Return Fund,'s current Enterprise Value is $1,638.4 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. SRH Total Return Fund,'s Revenue for the trailing twelve months (TTM) ended in Nov. 2023 was $143.0 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.


SRH Total Return Fund, Enterprise Value Related Terms

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SRH Total Return Fund, (SRH Total Return Fund,) Business Description

Traded in Other Exchanges
N/A
Address
1700 Broadway, Suite 1850, Denver, CO, USA, 80290
SRH Total Return Fund, Inc. is a non-diversified closed-end management investment company. The company's investment objective is to seek total return. Its fund utilizes a bottom-up, value-driven investment process to identify securities of good quality businesses trading below estimated intrinsic value.
Executives
Thomas Jack Moore director 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jonathan Albro Vickery other: Officer of Advisor 1700 BROADWAY, SUITE 1230, DENVER CO 80290
Advisors Paralel other: Investment Adviser 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jill Kerschen officer: Treasurer 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Stephen C Miller director, officer: President 2344 SPRUCE STREET, SUITE A, BOULDER CO 80302
Massachusetts Mutual Life Insurance Co 10 percent owner 1295 STATE STREET, SPRINGFIELD MA 01111
Guardian Life Insurance Co Of America 10 percent owner 10 HUDSON YARDS, NY NY 10001
Sun Life Financial Inc 10 percent owner SUN LIFE ASSURANCE CO OF CANADA, ONE YORK STREET, TORONTO A6 M5J 0B6
Sun Life Assurance Co Of Canada 10 percent owner ONE YORK STREET, TORONTO A6 M5J 0B6
Ernest Horejsi Trust No 1b 10 percent owner C/O ALASKA TRUST COMPANY, 1029 WEST 3RD AVENUE, SUITE 400, ANCHORAGE AK 99501
Stewart R. Horejsi Trust No. 2 10 percent owner C/O ALASKA TRUST COMPANY, 1029 WEST 3RD AVENUE, SUITE 400, ANCHORAGE AK 99501
Mildred B. Horejsi Trust 10 percent owner C/O ALASKA TRUST COMPANY, 1029 WEST 3RD AVENUE, SUITE 400, ANCHORAGE AK 99501
Susan L Ciciora Trust 10 percent owner C/O ALASKA TRUST COMPANY, 1029 WEST 3RD AVENUE, SUITE 400, ANCHORAGE AK 99501
Stewart West Indies Trust 10 percent owner C/O ALASKA TRUST COMPANY, 1029 WEST 3RD AVENUE, SUITE 400, ANCHORAGE AK 99501
Lola Brown Trust 1b 10 percent owner C/O ALASKA TRUST COMPANY, 1029 WEST 3RD AVENUE, SUITE 400, ANCHORAGE AK 99501