Enterprise value
The value of the whole business to all capital providers: market capitalisation plus total debt minus cash. It is what an acquirer would effectively pay, and the numerator for the leverage-neutral EV multiples.
Formula
Market cap + total debt − cash & equivalents
Related terms
Metrics on this page are computed by Moatkeep from reported filings and market data and are estimates: they depend on modelling choices (e.g. period alignment, share counts, currency) and on the underlying data being correct. Definitions are in the glossary. Figures are not investment advice — see the full disclaimer.