Intrinsic Value
BlackRock Floating Rate Income Trus... (BGT)
$12.92
+0.01 (+0.08%)
| Enterprise Value | -19.92 |
|---|---|
| Net Debt | 97.84 |
| Equity Value | -117.76 |
| Shares Outstanding | 22.32 |
| Equity Value Per Share | -5.28 |
Because investors are more interested in the value of the company’s shares alone, we’ll deduct net debt from this value to arrive at a fair value of the company’s equity. Fair Value = Enterprise Value – Debt