AXMIN Enterprise value
What is the Enterprise value of AXMIN?
The Enterprise value of AXMIN, Inc. is $4.58M
What is the definition of Enterprise value?
Enterprise value is a measure of a company’s total market value. It is calculated as market capitalization with debt, minority interest, and preferred shares minus total cash and cash equivalents.
ttm (trailing twelve months)
It is a sum of claims by all claimants including creditors (secured and unsecured) and shareholders (preferred and common). Enterprise value is one of the fundamental metrics used in business valuation, financial modeling, accounting, portfolio analysis, and risk analysis. Enterprise value is more comprehensive than market capitalization, which only reflects common equity and is considered more representative of a company’s value. Enterprise value reflects the opportunistic nature of business and may change substantially over time because of both external and internal conditions.
Enterprise value can be negative if the company holds abnormally high amounts of cash that is not reflected in the market value of the stock and total capitalization. Cash is subtracted in the calculation because it reduces the net cost to a potential purchaser. The effect applies whether the cash is used to issue dividends or to pay down debt. Value of minority interest is added because it reflects the claim on assets consolidated into the firm in question. Value of associate companies is subtracted because it reflects the claim on assets consolidated into other firms. EV should also include such special components as unfunded pension liabilities, employee stock options, environmental provisions, abandonment provisions, and so on, since they also reflect claims on the company.
Enterprise value of companies in the Materials sector on TSXV compared to AXMIN
What does AXMIN do?
AXMIN Inc., a development stage company, engages in the exploration and development of mineral properties in central and West Africa. The company explores for gold properties. Its primary asset is the Passendro gold project located in Central African Republic. The company also holds a royalty interest in the Senegal project located in the Birimian belt of eastern Senegal. AXMIN Inc. is based in Vancouver, Canada.
Companies with enterprise value similar to AXMIN
- Armada Metals Ltd has Enterprise value of $4.56M
- Renavotio Inc has Enterprise value of $4.56M
- Celebrate International has Enterprise value of $4.56M
- Radaan Mediaworks India has Enterprise value of $4.57M
- Destiny Media Technologies has Enterprise value of $4.58M
- Osprey Gold Development has Enterprise value of $4.58M
- AXMIN has Enterprise value of $4.58M
- California Software has Enterprise value of $4.58M
- Cellnet has Enterprise value of $4.59M
- Navidea Biopharmaceuticals Inc has Enterprise value of $4.59M
- Romios Gold Resources has Enterprise value of $4.59M
- Toughbuilt Industries Inc has Enterprise value of $4.59M
- S&S Power Switchgear has Enterprise value of $4.61M