Current Enterprise Value (EV)
Current share price (P) | $39.31 |
No. shares of common stock outstanding | 641,076,463 |
US$ in millions | |
Common equity (market value)1 | 25,201 |
Total equity | 25,201 |
Add: Current maturities of debt and finance leases (per books) | 1,782 |
Add: Debt and finance leases, excluding current maturities (per books) | 25,138 |
Total equity and debt | 52,121 |
Less: Cash and cash equivalents | 7,933 |
Less: Short-term investments | 3,386 |
Enterprise value (EV) | 40,802 |
Based on: 10-K (reporting date: 2021-12-31).
1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 39.31 × 641,076,463
Historical Enterprise Value (EV)
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).
1 Data adjusted for splits and stock dividends.
2 Closing price as at the filing date of Delta Air Lines Inc. Annual Report.
3 2021 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 42.33 × 639,929,760
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. | Delta Air Lines Inc. EV decreased from 2019 to 2020 but then slightly increased from 2020 to 2021. |