Letho Resources EV/EBIT
What is the EV/EBIT of Letho Resources?
The EV/EBIT of Letho Resources Corp. is N/A
What is the definition of EV/EBIT?
Enterprise value to earnings before interest and taxes (EV/EBIT) is a financial ratio used to measure if a stock is priced appropriately to similar stocks and the market. It is similar to the P/E ratio.
ttm (trailing twelve months)
The EV/EBIT ratio addresses some of the shortcomings of the P/E ratio. Instead of taking market capitalization, the ratio uses enterprise value, as it takes into account the true value of the company. Enterprise value includes both equity and debt. It is calculated as:
Enterprise value = market cap + total debt – cash and cash equivalents
The EV/EBIT ratio is useful in comparing peers within the wider market. A high EV/EBIT ratio indicates that a company’s stock is overvalued. On the opposite, a low EV/EBIT ratio indicates that a company’s stock is undervalued. The lower the ratio, the more financially stable a company should be. However, investors and analyst should use other ratios and information to get a full picture of a company’s financial state and actual value.
EV/EBIT of companies in the Materials sector on TSXV compared to Letho Resources
What does Letho Resources do?
Letho Resources Corp., engages in the acquisition, exploration, and development of oil and gas properties. The company was formerly known as Touchdown Resources Inc. and changed its name to Letho Resources Corp. in February 2014. Letho Resources Corp. was founded in 2005 and is headquartered in Vancouver, Canada.
Companies with ev/ebit similar to Letho Resources
- Valson Industries has EV/EBIT of N/A
- South Star Mining has EV/EBIT of N/A
- Tsodilo Resources has EV/EBIT of N/A
- Imperial Mining has EV/EBIT of N/A
- Dolly Varden Silver has EV/EBIT of N/A
- Kaleyra Inc has EV/EBIT of N/A
- Letho Resources has EV/EBIT of N/A
- Montage Resources has EV/EBIT of N/A
- Esstra Industries has EV/EBIT of N/A
- Netsol Technologies has EV/EBIT of N/A
- MediWound Ltd has EV/EBIT of N/A
- Immutep has EV/EBIT of N/A
- Hornbeck Offshore Services has EV/EBIT of N/A