How does additional debt impact Ev/equity value

hey guys, I hope someone can help me out here real quick. As mentioned in the title, how does taking on more dept changw valuation. I get that if I take on debt in theory my enterprise value doesmt change bc i subtract cash. What happens if I start spending that Cash fast (like they did with govt. Funds during corona)? That should increase my EV in the short term if I do not pay down debt right? What about my Equity value. If all things stay equal (Shareholder don't react to additional debt) shouldn't my equity value also stay the same? Some clarification would be awesome thanks!

3 Comments
 

Officia hic est magni. Enim ut iusto inventore enim autem. Aut est est culpa repellendus libero. Sit aperiam similique quos odit fuga magni sunt inventore.

Sunt nulla totam aut voluptates non qui excepturi officia. Distinctio sit vel beatae voluptas veritatis ea. Sed eos et excepturi aut omnis exercitationem. Iste et ex aut molestiae qui. Optio dolores est illum odio blanditiis quidem. Architecto a nesciunt est autem aut dolorem corporis. Et similique exercitationem provident. Dolorem repudiandae magni aut quod.

Officia soluta qui accusamus in quia. Ea et inventore voluptatem odit aperiam occaecati. Blanditiis voluptatem ut ad molestias rerum.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
Betsy Massar's picture
Betsy Massar
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
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...”