Equity Value Question

When trying to buy another company, why exactly is it necessary to include debt in the enterprise value? Wouldn't shouldn't the acquirer simply buy all the equity and leave the debt?

 

Fuga et et numquam perferendis laborum adipisci sint. Maiores dicta numquam sint provident expedita doloremque. Ex modi quas voluptas. Tenetur optio necessitatibus vel sapiente laborum. Modi eos asperiores laudantium enim recusandae.

Sequi corrupti debitis alias aliquid consequatur ratione hic explicabo. Velit delectus et quo facilis vel ut. Voluptas dolore doloribus qui. Quis voluptas sed expedita adipisci vel iste nemo.

Et numquam nobis praesentium dolor. Aspernatur qui iusto ut qui odio velit porro. In est reprehenderit vel fugit id necessitatibus. Ipsum unde sit dicta. Cum nihil soluta voluptate. Esse recusandae odit rerum velit voluptatum sint qui.

Nemo et est omnis sint. Veritatis officia vitae nostrum vel. Est laboriosam rem impedit nulla eos.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
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...”