Enterprise Value

    Enterprise Value (EV)

    Valuation Ratios

    The total value of a company including both equity and debt, minus cash. Represents what it would cost to acquire the entire business.

    Formula

    EV = Market Cap + Total Debt - Cash

    Why it matters

    EV is more comprehensive than market cap as it accounts for debt burden and cash reserves. Used in EV/EBITDA multiples.

    Indian example

    Related terms

    Learn the concept

    Market Ratios