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, Turnstone Biologics's Enterprise Value is $-15.23 Mil.
Turnstone Biologics's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-79.33 Mil. Therefore, Turnstone Biologics's EV-to-EBIT ratio for today is 0.19.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Turnstone Biologics's Enterprise Value is $-15.23 Mil.
Turnstone Biologics's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $-76.73 Mil. Therefore, Turnstone Biologics's EV-to-EBITDA ratio for today is 0.20.
Turnstone Biologics Enterprise Value Historical Data
The historical data trend for Turnstone Biologics'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 Turnstone Biologics's Enterprise Value
For the Biotechnology subindustry, Turnstone Biologics'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.
Turnstone Biologics's Enterprise Value Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Turnstone Biologics's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Turnstone Biologics's Enterprise Value falls into.
Turnstone Biologics 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.
Turnstone Biologics'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.
Turnstone Biologics (NAS:TSBX) 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.
Turnstone Biologics's current Enterprise Value is $-15.23 Mil.
Turnstone Biologics'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 $-79.33 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Turnstone Biologics's current Enterprise Value is $-15.23 Mil.
Turnstone Biologics'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 $-76.73 Mil.
Turnstone Biologics's current Enterprise Value is $-15.23 Mil.
Turnstone Biologics'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 $0.00 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.
Turnstone Biologics Enterprise Value Related Terms
Thank you for viewing the detailed overview of Turnstone Biologics's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Turnstone Biologics (Turnstone Biologics) Business Description
Turnstone Biologics Corp is a clinical-stage biotechnology company focused on developing new medicines to treat and cure patients with solid tumors. The company is pioneering a differentiated approach to tumor-infiltrating lymphocytes, or TILs, a clinically validated technology for treating solid tumors. It is developing next-generation TIL therapies by selecting the most potent and tumor-reactive T cells, which are referred to as Selected TILs. TILs are a type of cell therapy that harnesses the patient's own immune cells to target their own tumors. TIL therapy involves the isolation of lymphocytes from the patient's tumor, expansion of the isolated cells outside the body, and then infusion of the cells back into the patient.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSBX has been successfully added to your 