Stock Analysis on Net

Time Warner Cable Inc. (NYSE:TWC)

This company has been moved to the archive! The financial data has not been updated since April 28, 2016.

Enterprise Value (EV) 

Microsoft Excel

Current Enterprise Value (EV)

Time Warner Cable Inc., current enterprise value calculation

Microsoft Excel
Current share price (P) $210.79
No. shares of common stock outstanding 284,701,320
US$ in millions
Common equity (market value)1 60,012
Add: Noncontrolling interests (per books) 4
Total equity 60,016
Add: Current maturities of long-term debt (per books) 5
Add: Long-term debt, excluding current maturities (per books) 22,497
Total equity and debt 82,518
Less: Cash and equivalents 1,170
Less: Short-term investments in U.S. Treasury securities
Enterprise value (EV) 81,348

Based on: 10-K (reporting date: 2015-12-31).

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 210.79 × 284,701,320


Historical Enterprise Value (EV)

Time Warner Cable Inc., EV calculation

Microsoft Excel
Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
Share price1, 2 $184.99 $149.74 $144.98 $86.94 $77.66
No. shares of common stock outstanding1 283,270,372 280,900,337 277,451,193 295,513,813 314,086,417
US$ in millions
Common equity (market value)3 52,402 42,062 40,225 25,692 24,392
Add: Noncontrolling interests (book value) 4 4 4 4 7
Total equity 52,406 42,066 40,229 25,696 24,399
Add: Current maturities of long-term debt (book value) 5 1,017 1,767 1,518 2,122
Add: Long-term debt, excluding current maturities (book value) 22,497 22,701 23,285 25,171 24,320
Total equity and debt 74,908 65,784 65,281 52,385 50,841
Less: Cash and equivalents 1,170 707 525 3,304 5,177
Less: Short-term investments in U.S. Treasury securities 150
Enterprise value (EV) 73,738 65,077 64,756 48,931 45,664

Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).

1 Data adjusted for splits and stock dividends.

2 Closing price as at the filing date of Time Warner Cable Inc. Annual Report.

3 2015 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 184.99 × 283,270,372

Item Description The company
EV Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments. Time Warner Cable Inc. EV increased from 2013 to 2014 and from 2014 to 2015.