HighPoint Resources Corp EV/EBIT
What is the EV/EBIT of HighPoint Resources Corp?
The EV/EBIT of HighPoint 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 Energy sector on NYSE compared to HighPoint Resources Corp
Companies with ev/ebit similar to HighPoint Resources Corp
- Blue Thunder Mining has EV/EBIT of N/A
- PsyBio Therapeutics has EV/EBIT of N/A
- ERYTECH Pharma S.A has EV/EBIT of N/A
- Arrival has EV/EBIT of N/A
- TRU Precious Metals has EV/EBIT of N/A
- Sunniva has EV/EBIT of N/A
- HighPoint Resources Corp has EV/EBIT of N/A
- Deccan Gold Mines has EV/EBIT of N/A
- KWESST Micro Systems has EV/EBIT of N/A
- Hepion Pharmaceuticals Inc has EV/EBIT of N/A
- Check-Cap Ltd has EV/EBIT of N/A
- Acorda Therapeutics Inc has EV/EBIT of N/A
- 21 St Century Manag has EV/EBIT of N/A