Hello everyone,
While I understand enterprise value from the perspective that it is the value of the firm attributable to all investors, the other definition (market value of net operating assets) confuses me because of the debt component. In other words, if enterprise value is the MV of operating assets - MV of operating liabilities, why do we add debt if debt isn't an operating liability?
| +378 | Don’t work at UBS - UBS Sucks | 37 | 3h |
| +327 | Article - UBS’ Investment Bank Keeps Losing Ground | 41 | 1d |
| +124 | Should My Intern Get a Return Offer? | 45 | 2h |
| +60 | When to Leave Office as Intern | 8 | 4d |
| +55 | Best IB Group Overall? | 32 | 8h |
| +42 | F*ck it I'm Going to Med School | 16 | 1h |
| +39 | Would you rather be a Touse Squid or a Bouse Mogger in IB | 2 | 4d |
| +33 | What do you say to ppl who don’t know EVR/LAZ/CVP/PJT | 28 | 1d |
| +31 | STEM student lost in London IB recruiting | 17 | 2d |
| +26 | [HELP REQUESTED]: Take A2A Promo or Go Corp Dev | 9 | 16h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Accusamus assumenda illo rerum ex eaque velit. Velit quo animi occaecati. Aspernatur eius est quae velit aperiam veniam nesciunt. Voluptatibus eius autem natus. Id cum sit recusandae fugiat et ea pariatur repellendus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...