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Canada Jetlines Operations (NEOE:CJET) Enterprise Value : C$43.88 Mil (As of Jun. 10, 2024)


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What is Canada Jetlines Operations 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, Canada Jetlines Operations's Enterprise Value is C$43.88 Mil. Canada Jetlines Operations's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-11.30 Mil. Therefore, Canada Jetlines Operations's EV-to-EBIT ratio for today is -3.88.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Canada Jetlines Operations's Enterprise Value is C$43.88 Mil. Canada Jetlines Operations's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was C$-6.35 Mil. Therefore, Canada Jetlines Operations's EV-to-EBITDA ratio for today is -6.91.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Canada Jetlines Operations's Enterprise Value is C$43.88 Mil. Canada Jetlines Operations's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was C$43.58 Mil. Therefore, Canada Jetlines Operations's EV-to-Revenue ratio for today is 1.01.


Canada Jetlines Operations Enterprise Value Historical Data

The historical data trend for Canada Jetlines Operations'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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Canada Jetlines Operations Enterprise Value Chart

Canada Jetlines Operations Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
- - 16.92 39.07 50.91

Canada Jetlines Operations Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.25 33.24 44.08 50.91 52.56

Competitive Comparison of Canada Jetlines Operations's Enterprise Value

For the Airlines subindustry, Canada Jetlines Operations'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.


Canada Jetlines Operations's Enterprise Value Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Canada Jetlines Operations's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Canada Jetlines Operations's Enterprise Value falls into.



Canada Jetlines Operations 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.

Canada Jetlines Operations's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Canada Jetlines Operations's Enterprise Value for the quarter that ended in Mar. 2024 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.


Canada Jetlines Operations  (NEOE:CJET) 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.

Canada Jetlines Operations's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=43.879/-11.295
=-3.88

Canada Jetlines Operations's current Enterprise Value is C$43.88 Mil.
Canada Jetlines Operations's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-11.30 Mil.

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

Canada Jetlines Operations's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=43.879/-6.353
=-6.91

Canada Jetlines Operations's current Enterprise Value is C$43.88 Mil.
Canada Jetlines Operations's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-6.35 Mil.

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

Canada Jetlines Operations's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=43.879/43.583
=1.01

Canada Jetlines Operations's current Enterprise Value is C$43.88 Mil.
Canada Jetlines Operations'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 C$43.58 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.


Canada Jetlines Operations Enterprise Value Related Terms

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Canada Jetlines Operations (NEOE:CJET) Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 2400, Vancouver, BC, CAN, V6E 3P3
Canada Jetlines Operations Ltd operates as a leisure carrier. The group utilizes a growing fleet of Airbus A320 aircraft that provides passengers with another choice to travel to preferred destinations within the U.S., Caribbean, and Mexico. It generates maximum revenue from charter services.