Canoe EIT Income Fund EV/EBITDA
What is the EV/EBITDA of Canoe EIT Income Fund?
The EV/EBITDA of Canoe EIT Income Fund is N/A
What is the definition of EV/EBITDA?
EV/EBITDA is enterprise value divided by earnings before interest, tax, depreciation, and amortization. It is a measure of how expensive a stock is and is more frequently valid for comparisons across companies than the price to earnings ratio. It measures the price (in the form of enterprise value) an investor pays for the benefit of the company’s cash flow (in the form of EBITDA).
= enterprise value / EBITDA
Price to earnings ratios are impacted by a company's choice of capital structure - companies which raise money via debt will have lower P/Es (and therefore look cheaper) than companies that raise an equivalent amount of money by issuing shares, even though the two companies might have equivalent enterprise values. A sample case is when a company with debt were to raise money by issuing shares of stock, and then used the money to pay off the debt, this company's P/E ratio would shoot up because of the increased number of shares - although nothing about the fundamental value of the business has changed. EV / EBITDA is unaffected by capital structure as enterprise value includes the value of debt, and EBITDA is available to all investors (debt and equity) as it excludes interest payments on that debt. It is ideal for analysts and potential investors looking to compare companies within the same industry.
EV/EBITDA of companies in the Finance sector on OTC compared to Canoe EIT Income Fund
What does Canoe EIT Income Fund do?
Canoe EIT Income Fund is a closed-ended balanced fund launched and managed by Canoe Financial LP. It is co-managed by Haber Trilix Advisors, LP. The fund invests in the public equity and fixed income markets of Canada and the United States. Its equity portion seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth and value stocks of mid-cap and large-cap companies. It invests in equity and debt securities of royalty and income trusts, corporations, partnerships, or other issuers. The fund was formerly known as EnerVest Diversified Income Trust. Canoe EIT Income Fund was formed on August 5, 1997 and is domiciled in Canada.
Companies with ev/ebitda similar to Canoe EIT Income Fund
- TAG Oil has EV/EBITDA of N/A
- East Asia Minerals has EV/EBITDA of N/A
- Pierre has EV/EBITDA of N/A
- Vikas Proppant & Granite has EV/EBITDA of N/A
- Klondike Silver has EV/EBITDA of N/A
- LiveTiles has EV/EBITDA of N/A
- Canoe EIT Income Fund has EV/EBITDA of N/A
- Air New Zealand has EV/EBITDA of N/A
- Eqtec Eo ,001 has EV/EBITDA of N/A
- Rohit Ferro-Tech has EV/EBITDA of N/A
- CFI-Compagnie Fonciere Internationale has EV/EBITDA of N/A
- Adams Plc has EV/EBITDA of N/A
- innogy SE has EV/EBITDA of N/A