Enterprise value (EV)
What it would cost to buy the whole business: market cap plus debt, minus cash.
Formula
EV = Market cap + Debt − Cash
How to use it
The right numerator for comparing companies with different debt.
In Kereon
Kereon shows this figure as its data vendor publishes it and does not recompute it, so the vendor's exact inputs — which period's earnings, which balance sheet, which adjustments — are not visible here. The calculation above is the standard definition.
Also called: enterprise value, ev.