MidCap Financial Investment (MidCap Financial Investment) Enterprise Value : $2,410.0 Mil (As of Jun. 07, 2024)

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What is MidCap Financial Investment 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, MidCap Financial Investment's Enterprise Value is $2,410.0 Mil. MidCap Financial Investment's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $128.6 Mil. Therefore, MidCap Financial Investment's EV-to-Revenue ratio for today is 18.74.

MidCap Financial Investment Enterprise Value Historical Data

The historical data trend for MidCap Financial Investment'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.

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MidCap Financial Investment Enterprise Value Chart

MidCap Financial Investment Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Dec23

Enterprise Value

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2,130.29

2,191.44

2,306.10

2,361.43

2,232.80

MidCap Financial Investment Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Enterprise Value	Get a 7-Day Free Trial															2,146.93	2,251.90	2,288.58	2,232.80	2,336.92

Competitive Comparison of MidCap Financial Investment's Enterprise Value

For the Asset Management subindustry, MidCap Financial Investment'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.

MidCap Financial Investment's Enterprise Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MidCap Financial Investment's Enterprise Value distribution charts can be found below:

* The bar in red indicates where MidCap Financial Investment's Enterprise Value falls into.

MidCap Financial Investment 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.

MidCap Financial Investment's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

	Enterprise Value (A: Dec. 2023 )
=	Market Cap	+	Preferred Stock	+	Long-Term Debt & Capital Lease Obligation
=	892.665144	+	0	+	1462.267
+	Short-Term Debt & Capital Lease Obligation	+	Minority Interest	-	Balance Sheet Cash And Cash Equivalents
+	0	+	0	-	122.128
=	2,232.8

MidCap Financial Investment's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

	Enterprise Value (Q: Mar. 2024 )
=	Market Cap	+	Preferred Stock	+	Long-Term Debt & Capital Lease Obligation
=	981.409632	+	0	+	1405.121
+	Short-Term Debt & Capital Lease Obligation	+	Minority Interest	-	Balance Sheet Cash And Cash Equivalents
+	0	+	0	-	49.612
=	2,336.9

MidCap Financial Investment (NAS:MFIC) 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.

MidCap Financial Investment's EV-to-Revenue for today is:

EV-to-Revenue	=	Enterprise Value (Today)	/	Revenue (TTM)
	=	2410.003	/	128.622
	=	18.74

MidCap Financial Investment's current Enterprise Value is $2,410.0 Mil.
MidCap Financial Investment'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 $128.6 Mil.

MidCap Financial Investment Enterprise Value Related Terms

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MidCap Financial Investment (MidCap Financial Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MidCap Financial Investment Corp (NAS:MFIC) » Definitions » Enterprise Value

Comparable Companies

Traded in Other Exchanges

55O1:Germany

Address

9 West 57th Street, 37th Floor, New York, NY, USA, 10019

Website

https://www.midcapfinancialic.com

MidCap Financial Investment Corp is an externally managed, publicly traded, Business Development Company, focused on providing senior debt solutions to middle market companies.

Executives

Ryan Delgiudice	officer: Chief Compliance Officer	1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Mcnulty Ted Aymond Jr.	officer: President	9 WEST 57TH STREET, NEW YORK NY 10019
Tanner Powell	officer: Chief Executive Officer	C/O APOLLO INVESTMENT CORPORATION, 9 W. 57TH STREET, NEW YORK NY 10019
Emanuel R Pearlman	director	250 EAST 79TH STREET, NEW YORK NY 10075
Whonder Carmencita N.m.	director	9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Howard Widra	officer: President	9 WEST 57TH STREET, 37TH FLOOR, NEW YORK NY 10019
Kristin Hester	officer: See Remarks	9 WEST 57TH STREET, NEW YORK NY 10019
John J Hannan	director	9 WEST 57TH STREET, NEW YORK NY 10019
Barbara Ruth Matas	director	9800 59TH AVENUE NORTH, MINNEAPOLIS MN 55442
Elliot Jr Stein	director	C/ COMMONWEALTH CAPITAL PARTNERS, 444 MADISON AVE, NEW YORK NY 10022
Amit Joshi	officer: Chief Accounting Officer	APOLLO INVESTMENT CORP., 9 WEST 57TH STREET, NEW YORK NY 10019
Hilary E. Ackermann	director	601 TRAVIS, SUITE 1400, HOUSTON TX 77002
Frank C Puleo	director	7425 PURPLE SAGE, GLENWILD, PARK CITY UT 84098
James C Zelter	director, officer: Chief Executive Officer	APOLLO INVESTMENT CORPORATION, 9 WEST 57TH STREET, 14TH FLOOR, NEW YORK NY 10019
Gregory W. Hunt	officer: CFO & TREASURER	730 5TH AVENUE, NEW YORK NY 10019