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> The market cap tells you what you need to know. At the very least, compare enterprise value (market cap + debt - cash & equivalents), so that you are compari
by voisin 3y ago
> The market cap tells you what you need to know.
At the very least, compare enterprise value (market cap + debt - cash & equivalents), so that you are comparing leverage agnostic values.
- svnt 3y agoIt is a more complete number to use. Unfortunately, debt (and equivalents, and even cash depending on its location) aren’t always or even often a simple addition or subtraction.