Mid-Con Partners LP EV/EBIT
What is the EV/EBIT of Mid-Con Partners LP?
The EV/EBIT of Mid-Con Energy Partners LP 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 NASDAQ compared to Mid-Con Partners LP
Companies with ev/ebit similar to Mid-Con Partners LP
- Whitewater Acquisition has EV/EBIT of N/A
- Compucom Software has EV/EBIT of N/A
- Accel Transmatic has EV/EBIT of N/A
- Pinehurst Capital II has EV/EBIT of N/A
- Arcotech has EV/EBIT of N/A
- Theravance Biopharma Inc has EV/EBIT of N/A
- Mid-Con Partners LP has EV/EBIT of N/A
- Hanjiao Inc has EV/EBIT of N/A
- Pathfinder Ventures has EV/EBIT of N/A
- Immucell has EV/EBIT of N/A
- Castile Resources has EV/EBIT of N/A
- Blue Blends (India) has EV/EBIT of N/A
- Puxin has EV/EBIT of N/A