Intrinsic Value
Western Asset High Income Fund II I... (HIX)
$5.69
0.00 (0.00%)
| Enterprise Value | 46.25 |
|---|---|
| Net Debt | 177.21 |
| Equity Value | -130.96 |
| Shares Outstanding | 60.67 |
| Equity Value Per Share | -2.16 |
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