How does this Enterprise Value Calculator compute EV from my inputs?

The calculator first takes the company’s equity value (either a direct Market Capitalization input or Share Price × Shares Outstanding) and then adds Total Debt, Preferred Equity, and Minority Interest (Non-controlling), while subtracting Cash & Cash Equivalents to return Enterprise Value (EV) and Net Debt.

What exactly should I include in Total Debt and Cash & Cash Equivalents for an accurate EV?

Use all interest-bearing short- and long-term borrowings (bank loans, bonds, notes, leases if you treat them as debt) for Total Debt, and only highly liquid items for Cash & Cash Equivalents (cash, bank balances, money-market funds, T-bills and similar near-cash securities).

Why is Enterprise Value more useful than market cap when analyzing or valuing a company?

EV adjusts equity value for leverage and excess cash, so it reflects the value of the entire business to both debt and equity holders and is therefore the right base for valuation multiples like EV/EBITDA, EV/Revenue, or takeover pricing.

Enterprise Value (EV) Calculator – Compute Total Firm Value from Market Cap, Debt & Cash

Enterprise Value (EV) Calculator

Calculate Enterprise Value (EV) as Market Cap + Total Debt + Minority Interest + Preferred Equity − Cash & Cash Equivalents. Optionally compute Market Cap from Share Price × Shares Outstanding.

Market Cap Input

Enter the company's market capitalization directly.

Market Capitalization

Share Price

Shares Outstanding

Total Debt

Minority Interest (Non‑controlling)

Preferred Equity

Cash & Cash Equivalents

EBITDA (optional)

Results

Enterprise Value (EV) $
Market Capitalization $
Net Debt $
EV/EBITDA

What is Enterprise Value (EV)?

Enterprise value (EV) is the total value of a company’s operating business to all capital providers — equity holders, lenders, and other claim holders.

It represents the theoretical takeover price: the cost to acquire 100% of the company, assume its debt, and net out its available cash.

Because EV reflects the full capital structure, it’s the foundation for valuation multiples like EV/EBITDA and EV/Revenue, enabling cleaner comparisons than market cap alone.

Formula

If you don’t have preferred equity or minority interest, use the simplified version:

Example

Suppose a company has:

Share price: $50
Shares outstanding: 100,000,000
Total debt: $800,000,000
Preferred equity: $0
Minority interest: $0
Cash & cash equivalents: $200,000,000

Market Capitalization

Enterprise Value

Final EV: $5.6 billion

How to Use the Enterprise Value (EV) Calculator

Use this calculator to turn basic market and balance-sheet data into a clean Enterprise Value figure. Start by choosing how you want to provide market cap, then enter debt, cash, and other claims to instantly see EV, Market Capitalization, and Net Debt.

Choose the market cap input method
- Select Direct Market Cap if you already know the company’s market capitalization; select Share Price × Shares if you only know the current share price and the number of shares outstanding.
Enter equity information
- On Direct Market Cap, type the company’s Market Capitalization. On Share Price × Shares, input the current Share Price and Shares Outstanding so the tool can compute market cap for you.
Add debt, cash, and other capital structure items
- - Fill in Total Debt, Minority Interest (Non-controlling), Preferred Equity, and Cash & Cash Equivalents. The calculator uses:
(Optional) Enter EBITDA
- If you plan to use EV/EBITDA or similar multiples, enter the company’s EBITDA so you have the key building blocks for relative valuation alongside EV.
Review and use the results
- Check the Results panel for Enterprise Value (EV), Market Capitalization, and Net Debt, then use the EV figure in your valuation models, comps tables, or deal analysis.

Frequently Asked Questions

The calculator first takes the company’s equity value (either a direct Market Capitalization input or Share Price × Shares Outstanding) and then adds Total Debt, Preferred Equity, and Minority Interest (Non-controlling), while subtracting Cash & Cash Equivalents to return Enterprise Value (EV) and Net Debt.
Use all interest-bearing short- and long-term borrowings (bank loans, bonds, notes, leases if you treat them as debt) for Total Debt, and only highly liquid items for Cash & Cash Equivalents (cash, bank balances, money-market funds, T-bills and similar near-cash securities).
EV adjusts equity value for leverage and excess cash, so it reflects the value of the entire business to both debt and equity holders and is therefore the right base for valuation multiples like EV/EBITDA, EV/Revenue, or takeover pricing.

Methodology & Sources

Bibliography

Wall Street Prep Editorial Team (2021). Enterprise Value (TEV) | Formula + Calculator — Wall Street Prep https://www.wallstreetprep.com/knowledge/enterprise-value/
Accessed 2025-11-17
Aswath Damodaran (2013). ENTERPRISE, FIRM & EQUITY VALUES — NYU Stern School of Business https://pages.stern.nyu.edu/~adamodar/pdfiles/eqnotes/webcasts/multiplecalc/multiplecalc.pdf
Accessed 2025-11-17
Groww Research Team (2023). Enterprise Value (EV) – Formula, Definition and Examples — Groww https://groww.in/p/enterprise-value
Accessed 2025-11-17

Enterprise Value (EV) Calculator

Results

What is Enterprise Value (EV)?

Formula

Example

How to Use the Enterprise Value (EV) Calculator

Choose the market cap input method

Enter equity information

Add debt, cash, and other capital structure items

(Optional) Enter EBITDA

Review and use the results

Frequently Asked Questions

Methodology & Sources

Bibliography

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EV/EBITDA Multiple Calculator

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Free Cash Flow (FCF) Calculator

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