Amarin Corp EV/EBIT
What is the EV/EBIT of Amarin Corp?
The EV/EBIT of Amarin 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 Health Care sector on NASDAQ compared to Amarin Corp
What does Amarin Corp do?
amarin corporation plc is a biopharmaceutical company focused on the commercialization and development of therapeutics to improve cardiovascular health. amarin's product development program leverages its extensive experience in lipid science and the potential therapeutic benefits of polyunsaturated fatty acids. vascepa® (icosapent ethyl) is amarin's first fda approved product and is available in the united states by prescription. for more information about vascepa visit www.vascepa.com.
Companies with ev/ebit similar to Amarin Corp
- ChemoCentryx Inc has EV/EBIT of N/A
- CF Finance Acquisition III has EV/EBIT of N/A
- Royal Orchid Hotels has EV/EBIT of N/A
- GoldSpot Discoveries has EV/EBIT of N/A
- Semileds Corp has EV/EBIT of N/A
- Bottomline Technologies (Delaware) Inc has EV/EBIT of N/A
- Amarin Corp has EV/EBIT of N/A
- Alberton Acquisition has EV/EBIT of N/A
- Sigma Lithium Resources has EV/EBIT of N/A
- Berkshire Hathaway has EV/EBIT of N/A
- Mukand has EV/EBIT of N/A
- Prajay Engineers Syndicate has EV/EBIT of N/A
- Everest Consolidator Acquisition has EV/EBIT of N/A