Loco Hong Kong Enterprise value
What is the Enterprise value of Loco Hong Kong?
The Enterprise value of Loco Hong Kong Holdings Limited is $22.82M
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 Finance sector on HKSE compared to Loco Hong Kong
What does Loco Hong Kong do?
Loco Hong Kong Holdings Limited, an investment holding company, engages in the trade of metal and commodity forward contracts in Hong Kong and the People's Republic of China. The company primarily trades in silver, gold, and tin metals, as well as processes silver products. It also engages in the provision of money lending and education management services. The company serves licensed banks and metal traders in Hong Kong, Singapore, Japan, Taiwan, Australia, the United Kingdom, and Dubai. Loco Hong Kong Holdings Limited was founded in 2009 and is headquartered in Admiralty, Hong Kong.
Companies with enterprise value similar to Loco Hong Kong
- Core Gold has Enterprise value of $22.76M
- Haydale Graphene Industries plc has Enterprise value of $22.76M
- Vikram Thermo (India) has Enterprise value of $22.77M
- Parabellum Resources Ltd has Enterprise value of $22.77M
- Phunware Inc has Enterprise value of $22.79M
- Tlou has Enterprise value of $22.82M
- Loco Hong Kong has Enterprise value of $22.82M
- Noxopharm has Enterprise value of $22.83M
- Revolve Renewable Power Corp has Enterprise value of $22.83M
- Premier has Enterprise value of $22.84M
- Haydale Graphene Industries plc has Enterprise value of $22.84M
- Sunwah International has Enterprise value of $22.85M
- X4 Pharmaceuticals has Enterprise value of $22.85M