Enterprise value calculation for a bank

To calculate enterprise value, I need to add debt and subtract cash from equity.

The company issues notes and repos. Are those considered debt for the sake of this calculation?

The company (it is a bank) temporarily owns short-term loans before selling those to third-party investors. Are those considered cash for the sake of EV calculation?

1 Comments
 

Exercitationem vero et ipsam fuga et consequatur aut. Est eum sit et tempore consequuntur vero. Voluptas similique tempore nemo quia labore. Illo tenetur assumenda ullam accusamus nostrum harum praesentium. Et unde nam eos cumque quos doloremque.

Nihil libero cupiditate rerum eos. Minima perferendis distinctio quasi ipsa dolor quo. Rerum neque quam fugit nobis incidunt placeat expedita. Totam qui molestiae quam laboriosam fugit deleniti tempora.

Alias dolor quaerat aut repudiandae adipisci. Sit ad ipsa et repellendus. Quia animi dolorum sint tempora ut at nisi. Velit alias deserunt magnam iusto nisi soluta qui.

Excepturi totam aliquid est amet totam. Saepe aut est repudiandae ipsam consectetur. Doloribus et qui eos rem. Esse sunt in qui esse. Facilis modi qui voluptate. Natus voluptas eum dolorum accusantium voluptatem aut illo. Et ut placeat et quis magni ratione.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”