Difference between revisions of "Enterprise Value Including Cash"
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== Definition == | == Definition == | ||
| − | '''Enterprise Value Including Cash''' (EVIC) is the sum of the [[Market Capitalization]] of ordinary shares at fiscal year end | + | '''Enterprise Value Including Cash''' (EVIC) is the sum of |
| + | * the [[Market Capitalization]] of ordinary shares at fiscal year end | ||
| + | * the market capitalization of preferred shares at fiscal year-end, and | ||
| + | * the book values of total debt and minorities' interests. | ||
| + | |||
No deductions of cash or cash equivalents are made to avoid the possibility of negative enterprise values. | No deductions of cash or cash equivalents are made to avoid the possibility of negative enterprise values. | ||
Latest revision as of 21:00, 15 September 2021
Definition
Enterprise Value Including Cash (EVIC) is the sum of
- the Market Capitalization of ordinary shares at fiscal year end
- the market capitalization of preferred shares at fiscal year-end, and
- the book values of total debt and minorities' interests.
No deductions of cash or cash equivalents are made to avoid the possibility of negative enterprise values.
