Enterprise value is a measure of a company’s total value, often used to estimate how much it would cost to buy the company. It includes the market value of the company’s equity and debt, as well as any minority interests or preferred shares. It also subtracts any cash or cash equivalents that the company has, because they would reduce the net cost of acquiring the company. The formula for enterprise value is: Where: - Average Market Capitalization is R0137, average_market_cap - Preferred equity and hybrid capital is BS063, bs_pfd_eqty_and_hybrid_cptl - Short and long-term debt is R0036, short_and_long_term_debt - Minority noncontrolling interest is BS071, bs_minority_noncontrolling_interest - Cash and near cash items is BS002, bs_cash_near_cash_item