Intrinsic Value
RiverNorth/DoubleLine Strategic Opp... (OPP)
$9.6
+0.16 (+1.69%)
| Enterprise Value | -885.74 |
|---|---|
| Net Debt | 65.40 |
| Equity Value | -951.14 |
| Shares Outstanding | 14.87 |
| Equity Value Per Share | -63.97 |
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