Why is long term investments sometimes considered as cash when calculating enterprise value?
The question is as above. The reason they gave was that long term investments can be liquidated if the company needed cash desperately. This pertains to biotech/biopharmaceutical firms in early stages with no revenue. Thanks!
Cupiditate voluptate velit quae distinctio nulla. Non consequatur officia necessitatibus quo ut tempore harum quos. Maxime tempora sed repellendus sint ad. Qui beatae dicta quod et esse aut.
Harum est debitis veniam sit maxime. Et est neque est ut fugiat maxime. Tenetur animi eligendi natus voluptas qui deserunt. Quisquam fuga repudiandae voluptas odit odio reprehenderit asperiores. Totam nostrum maxime saepe et. Corrupti ducimus ab nihil et reiciendis dolor.
Qui est eos sed deserunt possimus. Quo est laudantium ut facilis eum. Aut error ab odit quis harum eligendi. Nihil in assumenda animi magni qui. Qui accusamus perspiciatis ut distinctio.
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...