|
- UID
- 217794
- 帖子
- 294
- 主题
- 142
- 注册时间
- 2011-5-24
- 最后登录
- 2012-9-12
|
4#
发表于 2011-7-13 13:52
| 只看该作者
MV is not just the MV of Equity, it is the Market value of all capital.
MV (in the sense of Market Value Added in Equity Topic)= MV equity + MV LTD (in this case, MV equity will implicity include minority interest since it is integrated into equity, and retained earnings as well).
EV = MV equity + MV LTD - cash - investments
whenever you say MV equity, you include common stock, prefs, minority interest, retained earnings, etc. When you say MV of common stock, your only pinpointing one.
You must make a distinction between MV equity and MV of common stock, they are not the same thing! |
|
