GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Adit Edtech Acquisition Corp (AMEX:ADEX) » Definitions » Enterprise Value

Adit Edtech Acquisition (Adit Edtech Acquisition) Enterprise Value : $49.60 Mil (As of Jun. 04, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Adit Edtech Acquisition 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. As of today, Adit Edtech Acquisition's Enterprise Value is $49.60 Mil. Adit Edtech Acquisition's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $-9.60 Mil. Therefore, Adit Edtech Acquisition's EV-to-EBIT ratio for today is -5.17.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Adit Edtech Acquisition's Enterprise Value is $49.60 Mil. Adit Edtech Acquisition's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was $-9.60 Mil. Therefore, Adit Edtech Acquisition's EV-to-EBITDA ratio for today is -5.17.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Adit Edtech Acquisition's Enterprise Value is $49.60 Mil. Adit Edtech Acquisition's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 was $0.00 Mil. Therefore, Adit Edtech Acquisition's EV-to-Revenue ratio for today is .


Adit Edtech Acquisition Enterprise Value Historical Data

The historical data trend for Adit Edtech Acquisition'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.

Adit Edtech Acquisition Enterprise Value Chart

Adit Edtech Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Enterprise Value
- 341.24 94.01

Adit Edtech Acquisition Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 341.42 94.01 97.56 100.26 96.68

Competitive Comparison of Adit Edtech Acquisition's Enterprise Value

For the Shell Companies subindustry, Adit Edtech Acquisition'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.


Adit Edtech Acquisition's Enterprise Value Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Adit Edtech Acquisition's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Adit Edtech Acquisition's Enterprise Value falls into.



Adit Edtech Acquisition 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.

Adit Edtech Acquisition's Enterprise Value for the fiscal year that ended in Dec. 2022 is calculated as

Adit Edtech Acquisition's Enterprise Value for the quarter that ended in Sep. 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.


Adit Edtech Acquisition  (AMEX:ADEX) 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.

Adit Edtech Acquisition's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=49.598/-9.599
=-5.17

Adit Edtech Acquisition's current Enterprise Value is $49.60 Mil.
Adit Edtech Acquisition's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9.60 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Adit Edtech Acquisition's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=49.598/-9.599
=-5.17

Adit Edtech Acquisition's current Enterprise Value is $49.60 Mil.
Adit Edtech Acquisition's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9.60 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Adit Edtech Acquisition's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=49.598/0
=

Adit Edtech Acquisition's current Enterprise Value is $49.60 Mil.
Adit Edtech Acquisition's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 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.


Adit Edtech Acquisition Enterprise Value Related Terms

Thank you for viewing the detailed overview of Adit Edtech Acquisition's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Adit Edtech Acquisition (Adit Edtech Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, 33rd Floor, New York, NY, USA, 10105
Adit Edtech Acquisition Corp is a blank check company.
Executives
Sharmila Kassam director 4103 IDLEWILD ROAD, AUSTIN TX 78731
Elizabeth B. Porter officer: See Remarks 44 FENNO RD, NEWTON MA 02459
David L. Shrier director, officer: President and CEO 250 1ST AVE, UNIT 336, CHARLESTOWN MA 02129
Jacob Cohen director 613 PLEASANT STREET, BELMONT MA 02478
Sheldon H. Levy director 704 BALLIOL STREET, TORONTO Z4 M4S 1E7
John J. D'agostino officer: See Remarks 201 E 79TH STREET 6A, NEW YORK CITY NY 10075
Adit Edtech Sponsor, Llc 10 percent owner 515 NORTH FLAGLER DRIVE, SUITE P-300, WEST PALM BEACH FL 33401
Eric L Munson director 1100 SE ATLANTIC DRIVE, LANTANA FL 33462

Adit Edtech Acquisition (Adit Edtech Acquisition) Headlines

From GuruFocus