Enterprise Value Calculator
Estimate enterprise value from market capitalization, debt, and cash. Use matching USD amounts and review the limits of this simplified five input model.
Share price is USD per share. Enter actual shares outstanding and monetary totals in whole USD, not millions or thousands. Check balance sheet dates for debt and cash and use a relevant annual EBITDA period. No currency conversion is performed.
How this enterprise value estimate works
Enter a share price, the actual number of shares outstanding, total debt, cash, and optional EBITDA. The calculator multiplies share price by shares to estimate market capitalization, then adds debt and subtracts cash. Share price is USD per share, shares outstanding is an actual share count, and every monetary total is entered in whole USD, not millions or thousands. Match the balance sheet dates for debt and cash, and use an annual EBITDA period relevant to the comparison.
The five input model does not include preferred shares, minority interests, leases, pension obligations, or other claims that may appear in a fuller enterprise value analysis. It is an arithmetic estimate from the values you provide, not a complete takeover price or company valuation.
When EBITDA is positive, the tool divides enterprise value by EBITDA. It also divides cash and debt separately by enterprise value. Those percentages are undefined when enterprise value is zero. Enterprise value may be negative when cash exceeds market capitalization plus debt; the result is kept signed and should be read in that context.
Searching for a ticker sends the entered symbol or search text through this site’s Yahoo quote proxy. A selected quote fills the share price only when its reported currency is exactly USD. The quote is current data, not a historical statement date price. Prices are not saved.
Step by step
- Enter share price, actual shares outstanding, debt, cash, and optional EBITDA in USD.
- Use whole USD monetary totals, actual shares, matching debt and cash dates, and a relevant annual EBITDA period.
- Review market capitalization, signed enterprise value, and any available ratios.
Worked example
Use a USD share price of 50, 1,000,000 actual shares, total debt of 10,000,000 USD, cash of 5,000,000 USD, and EBITDA of 8,000,000 USD. Market capitalization is 50,000,000 USD. Adding debt and subtracting cash gives enterprise value of 55,000,000 USD.
EV/EBITDA is 6.875. Cash divided by enterprise value is about 9.09%, and debt divided by enterprise value is about 18.18%. Monetary totals are entered in whole USD, while shares are an actual share count. For a real comparison, verify that debt and cash dates match and that EBITDA is an appropriate annual figure. The calculation does not add claims without input fields.
When to use this calculator
Use the calculator to check the arithmetic connecting equity market value, entered debt, and entered cash. Compare scenarios by changing one input while holding units and reporting periods consistent.
Treat the result as a simplified enterprise value estimate. Analysts may include additional claims or use different reporting dates and EBITDA definitions. Review the source statements and the definition required for your analysis.
Common input mistakes
Do not enter a share count in millions, or enter debt, cash, or EBITDA in millions of USD. Enter the actual number of shares and whole USD totals. The share price is USD per share.
Do not treat the current quote as a statement date price. Check that debt and cash use a matching balance sheet date, and that EBITDA is an annual figure for the comparison. The calculator does not verify those periods or accounting definitions.
Enterprise value formulas
Market capitalization = share price × actual shares outstanding
Enterprise value = market capitalization + total debt − cash
EV/EBITDA = enterprise value / EBITDA, when EBITDA is positive
Cash as a percentage of EV = cash / enterprise value × 100, when enterprise value is not zero
Debt as a percentage of EV = total debt / enterprise value × 100, when enterprise value is not zero
This calculator uses the simplified formula supported by its five numeric inputs. A fuller enterprise value definition may also include preferred equity, minority interest, lease liabilities, or other claims. The tool cannot add items that are not entered.
Scope and limitations
This model calculates market capitalization from a USD share price and actual shares outstanding, then adds entered total debt and subtracts entered cash. Monetary totals must be entered in whole USD, not millions or thousands. It has no inputs for preferred equity, minority interest, leases, pension obligations, or other claims included in broader enterprise value definitions. The ticker tool requests current quote data through the site’s Yahoo proxy and fills share price only when the reported quote currency exactly matches USD. It does not fetch or verify debt, cash, EBITDA, balance sheet dates, annual EBITDA periods, or accounting definitions. Users must check that debt and cash dates are compatible and that annual EBITDA is relevant. EV/EBITDA is unavailable for zero or negative EBITDA. Cash and debt ratios are undefined when EV is zero. Negative EV is kept signed. This is not a complete acquisition price, forecast, or investment recommendation.
Key terms
- Market capitalization
- Share price multiplied by the actual number of shares outstanding. This estimates the market value of common equity using the inputs provided.
- Enterprise value
- The simplified result of market capitalization plus entered total debt minus entered cash. Broader definitions can include additional claims not modeled here.
- EBITDA
- Earnings before interest, taxes, depreciation, and amortization. The calculator uses the amount entered and does not verify its accounting definition or period.
Related analysis
Enterprise value combines market capitalization with entered debt and cash. It does not replace cash flow valuation or verify the company’s reported financial statements.
An EV/EBITDA multiple is meaningful only when EBITDA is positive and the reporting periods and definitions are comparable. The calculator does not select peers or set valuation ranges.
FAQ
How does the calculator derive enterprise value?
It multiplies a USD share price by the actual share count, adds total debt in whole USD, and subtracts cash in whole USD. Check that debt and cash share a balance sheet date, and that annual EBITDA is relevant if you use the multiple.
Is this a complete takeover price?
No. The model includes only market capitalization, total debt, and cash. It has no inputs for preferred shares, minority interests, leases, pension obligations, or other possible claims, so it is a simplified estimate rather than a complete acquisition price.
Why can enterprise value be negative?
If entered cash exceeds market capitalization plus debt, the formula returns a negative value. It is not floored at zero. Read that signed result with the input amounts and the model’s limited scope in mind.
When is EV/EBITDA shown?
The ratio is calculated only when an EBITDA value is entered and is positive. Zero, negative, or blank EBITDA leaves the multiple unavailable. Enterprise value itself can still be calculated without EBITDA.
What do cash as a percentage of EV and debt as a percentage of EV mean?
Each value is the entered cash or debt divided by signed enterprise value. They are separate ratios, not parts of a portfolio allocation. Both are unavailable when enterprise value is zero, and negative enterprise value can produce signed negative ratios.
Related tools
Use cash flow valuation tools for a separate discounted cash flow estimate. Compare output definitions and reporting periods before interpreting results together.