Cardinal Resources EV/EBITDA
What is the EV/EBITDA of Cardinal Resources?
The EV/EBITDA of Cardinal Resources Limited is N/A
What is the definition of EV/EBITDA?
EV/EBITDA is enterprise value divided by earnings before interest, tax, depreciation, and amortization. It is a measure of how expensive a stock is and is more frequently valid for comparisons across companies than the price to earnings ratio. It measures the price (in the form of enterprise value) an investor pays for the benefit of the company’s cash flow (in the form of EBITDA).
= enterprise value / EBITDA
Price to earnings ratios are impacted by a company's choice of capital structure - companies which raise money via debt will have lower P/Es (and therefore look cheaper) than companies that raise an equivalent amount of money by issuing shares, even though the two companies might have equivalent enterprise values. A sample case is when a company with debt were to raise money by issuing shares of stock, and then used the money to pay off the debt, this company's P/E ratio would shoot up because of the increased number of shares - although nothing about the fundamental value of the business has changed. EV / EBITDA is unaffected by capital structure as enterprise value includes the value of debt, and EBITDA is available to all investors (debt and equity) as it excludes interest payments on that debt. It is ideal for analysts and potential investors looking to compare companies within the same industry.
EV/EBITDA of companies in the Materials sector on ASX compared to Cardinal Resources
What does Cardinal Resources do?
Cardinal Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Ghana. The company primarily explores for gold deposits. Its principal project is Namdini Gold project covering an area of 63 square kilometers located in the Bolgatanga region. Cardinal Resources Limited was incorporated in 2010 is based in West Perth, Australia.
Companies with ev/ebitda similar to Cardinal Resources
- AurCrest Gold has EV/EBITDA of N/A
- Renaissance Gold has EV/EBITDA of N/A
- American Rare Earths has EV/EBITDA of N/A
- Oil Country Tubular has EV/EBITDA of N/A
- Rosan Resources has EV/EBITDA of N/A
- American Creek Resources has EV/EBITDA of N/A
- Cardinal Resources has EV/EBITDA of N/A
- Mafatlal Industries has EV/EBITDA of N/A
- Tinka Resources has EV/EBITDA of N/A
- Gold Springs Resource has EV/EBITDA of N/A
- Alphamab Oncology has EV/EBITDA of N/A
- Oroco Resource has EV/EBITDA of N/A
- PVV Infra has EV/EBITDA of N/A