Intrinsic Value
RiverNorth/DoubleLine Strategic Opp... (OPP)
$8.2593
+0.08 (+0.97%)
Enterprise Value | 37.01 |
---|---|
Net Debt | -0.44 |
Equity Value | 37.46 |
Shares Outstanding | 22.97 |
Equity Value Per Share | 1.63 |
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