Mastery card
I can explain EV (Enterprise Value)
What it would cost to buy the whole business, including debt.
Enterprise value is market cap plus net debt (and sometimes other adjustments) - total firm value to all capital providers.
Sticky trick
EV ≈ Market cap + Debt − Cash. 'Total takeover price.'
Take into the room
In plain English, what is EV (Enterprise Value)?
Or open the share card 🏢
Or start your own 5-word trail from home.