Enterprise Value Including Cash
From Open Risk Manual
Revision as of 21:00, 15 September 2021 by Wiki admin (talk | contribs)
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.
