Intrinsic Value

RiverNorth Opportunities Fund, Inc. (RIV)

$12.04

+0.08 (+0.67%)

Enterprise Value -4,846,505,833.93
Net Debt 40.82
Equity Value -4,846,505,874.76
Shares Outstanding 21.45
Equity Value Per Share -225,910,901.33



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