FactSet Definition of enterprise value

FactSet the definition of "enterprise value" is: The value of the enterprise is deducted from the bank deposit.

Beijing time June 26 Morning News, financial information provider FactSet's latest data show that by enterprise value (enterprise value), Google has surpassed Apple last week to become the world's most valuable technology companies.

FactSet the definition of "enterprise value" is that the value of the enterprise is deducted from the bank deposit.

The reason for not noticing this important transcendence is that it is not the market capitalisation that makes Google go beyond its standards. By market capitalisation, Apple is still far ahead of Google: The former is worth $378 billion trillion, which has a market value of $286 billion.

But the huge bank deposits of two companies have also underpinned their market capitalisation. By the end of March this year, Apple's net cash was $145 billion trillion, and Google was $45 billion trillion, and if it were to be eliminated, Apple's corporate value was $233 billion trillion, and Google's $241 billion trillion, which fully reflected the potential value of the actual operating status of two companies.

Exxon Mobil, the US oil giant, recently regained the title of the world's largest company by market capitalisation from Apple.