.Enterprise Value (EV)
Difficulty: Intermediate
Current Enterprise Value (EV)
Celgene Corp., current enterprise value calculation
| Current share price (P) | $ |
| No. shares of common stock outstanding | |
| USD $ in millions | |
| Common equity (market value) | |
| Add: Preferred stock, $.01 par value per share; none outstanding (per books) | |
| Total equity | |
| Add: Short-term borrowings and current portion of long-term debt (per books) | |
| Add: Long-term debt, net of discount, excluding current portion (per books) | |
| Total equity and debt | |
| Less: Cash and cash equivalents | |
| Less: Marketable securities available-for-sale | |
| Enterprise value (EV) | |
Historical Enterprise Value (EV)
Celgene Corp., EV calculation
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | ||
|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | ||||||
| Share price1, 2 (USD $) | ||||||
| USD $ in millions | ||||||
| | Common equity (market value) | |||||
| | Add: Preferred stock, $.01 par value per share; none outstanding (per books) | |||||
| | Total equity | |||||
| | Add: Short-term borrowings and current portion of long-term debt (per books) | |||||
| | Add: Long-term debt, net of discount, excluding current portion (per books) | |||||
| | Total equity and debt | |||||
| | Less: Cash and cash equivalents | |||||
| | Less: Marketable securities available-for-sale | |||||
| | Enterprise value (EV) | |||||
2 Close price on the filing date of Celgene Corp.'s Annual Report.
| 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. | Celgene Corp.'s EV increased from 2015 to 2016 but then declined significantly from 2016 to 2017. |
